The CEO, Nigerian Exchange Limited , Mr. Temi Popoola has called on the federal government to explore the capital market to boost revenue and stimulate the sustainable economic growth required to increase wealth and reduce poverty in Nigeria.
According to him, “The reality is that because listed firms must adhere to regulatory requirements and corporate governance standards in order to maintain their listing on the Exchange, they are typically more consistent and reliable with their tax compliance. The CEO who spoke extensively on what the institution’s top priorities are for the year noted that the Exchange is looking to address some age-long issues bordering on new listings which will, in turn, deepen trade.
The Panel would give the Exchange a platform to communicate with the capital market community and the fintech ecosystem to enhance and increase NGX’s digital product offerings. The Agric industry is one sector that has been often said to be underrepresented on the Exchange. As we move to get such listings, we are also looking for companies and sectors with low representation in order to promote a market with equal representation.”