Buhari hails emergence of new era at Nigerian capital market | The Nation

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President Muhammadu Buhari has lauded the historic roles of the Nigerian capital market in national development and the successful transition of the capital market into a new era of increased competitive value creation for all stakeholders.

transition of the capital market into a new era of increased competitive value creation for all stakeholders.

He noted that he had signed the Demutualisation Bill in August 2018, which paved the way for the long -awaited demutualisation of the then NSE.According to him, the occasion of the demutualisation of the NSE was a proud moment for all Nigerians who indeed deserve congratulations for the feat as it marked the beginning of a new era for the capital market.

“Our story is one birthed from resilience, collaboration, determination and continued focus on our vision. A true Africa story. With demutualisation, NGX Group is well positioned to enable strong economic growth and contribute its quota to the development of the Nigerian capital market, and the African Continent,” Ogunbanjo said.

According to him, partnerships are a critical element of the group’s strategy as it will continue to engage stakeholders whose support is essential to the achievement of the aspirations in this NGX era.

 

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