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‘Major GDP Contributing Sectors Not Represented In Capital Market’

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A senior partner at Biodun Adedipe & Co, Dr. Abiodun Adedipe, has called for deepening of the Nigeria capital market as the major sectors contributing the

He stated this at the 11th annual conference, Investiture of Fellows, Inductions of Associates and Annual General Meeting of the Institute of Capital Market Registrars with the theme, ‘Sustainability of the Nigerian Capital Market as a catalyst for Economic Growth and Prosperity’ held in Lagos.

Adedipe said the common assumption that the stock market and economic move in concert has weakened in recent times as critical sectors that largely contribute between 70 per cent to 85 per cent of the Nigerian GDP are yet to be incorporated into the Nigerian capital market.

 

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