Market leaders, regulators, and government officials have called for unified action to strengthen Nigeria’s capital market and accelerate capital formation as a key driver of national economic growth.
Speaking at the 2025 Chartered Institute of Stockbrokers National Workshop held at the Presidential Villa in Abuja on Tuesday, the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group Plc, Temi Popoola, urged stakeholders to coordinate efforts to build a capital market capable of mobilising long-term funding and supporting Nigeria’s ambition to become a $1tn economy.
Popoola attributed the recent revival of the market to deliberate reforms, improved macroeconomic conditions, and technological upgrades in market infrastructure.
He, however, stressed that sustaining this momentum would require closer collaboration among market operators, regulators, and policymakers to strengthen industries, empower institutions, and deepen market structures.
“The capital market stands at a pivotal point in Nigeria’s economic journey,” Popoola said. “With deliberate reforms and a strong regulatory environment, we have an opportunity to position the market as a key enabler of long-term capital formation that supports industries, empowers institutions, and scales our economy to new heights.”
