The Nigerian Exchange Limited has urged the federal,State governments and the private sector to embrace capital market for long-term funds to address the country’s infrastructure deficit.
The NGX will be holding its inaugural Nigerian Capital Markets Conference on November 30, 2021. The conference, a hybrid event; physical and virtual will bring together policymakers, government, financial experts, business leaders, investors, international development partners, regulators and other market stakeholders, to share insights and broaden the thinking needed for greater capital flows through innovative sources of financing.
Popoola noted that the challenges facing the country in terms of infrastructure would be resolved through capital market instruments, saying, “most countries have used the capital market to boost their infrastructure. The capital market is the appreciative way of resolving our infrastructural issue.”