SEC, NGX Group to revolutionalise equity capital raising

Managing Director/Chief Executive Officer, Central Securities Clearing System Plc, Haruna Jalo – Waziri; Group Chairman, Nigerian Exchange Group Plc, Umaru Kwairanga; Director General, Securities and Exchange Commission , Dr. Emomotimi Agama; Group Managing Director/Chief Executive Officer, NGX Group, Temi Popoola; Ag.

Subject to SEC approval, the innovative platform created by NGX Group represents a significant advancement in digitising the capital-raising process for issuers. According to him, the nation’s capital market would attract the younger generation of investors, enhance regulatory oversight and create a world-class market through the deployment of robust technology.

He pointed out that with the support of the regulator and market stakeholders, the exchange has developed an end-to-end digitised market infrastructure platform for distributing financial products, in the case of public offers and rights issues.

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