Stock Market

NGX Unveils Digital Investment Platform

The Nigerian Exchange has introduced a digital platform to streamline the investment process.

The Group Managing Director of the Nigerian Exchange Group Plc, Temi Popoola, disclosed that at a press conference in Lagos on Wednesday.

He added that the platform would integrate several functionalities, including payment gateways, KYC processes, and brokerage account management, offering a seamless and paperless experience for users.

“We are excited to introduce a new digital product that can distribute various services, emphasising the importance of quality UI/UX and collaboration. I want to appreciate the leadership and support from our regulator, acknowledging the evolution of our digital market and the contributions of those who came before us. Our regulator’s deep understanding of the market and digital assets is a significant advantage for us.”

“Currently, investing in Nigeria involves filling out paper forms and dealing with various challenges. Our goal at the Nigerian Stock Exchange is to digitise the entire process, making it seamless and paperless. This digital transformation will bring numerous benefits, including improved efficiency and reduced reconciliation issues,” he remarked.

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