President Tinubu to Host NGX Group Board and SEC DG in Brazil, Also Invited to NGX Trading Floor

a as Africa’s premier investment destination.
President Tinubu promised to continue supporting the capital market and implement additional reforms to strengthen and expand the sector. He emphasized the importance of investor protection and regulatory clarity to ensure a fair and transparent market.
Dr. Emomotimi Agama, the SEC Director-General, praised the recent signing of the Investment and Securities Act (ISA) 2025, hailing it as one of Africa’s most comprehensive legal frameworks for capital markets. He highlighted the significance of this Act in propelling Nigeria towards a ₦300 trillion market while ensuring equitable wealth distribution through strong investor protection measures.
Alhaji Umaru Kwairanga, the Chairman of the NGX Group, expressed gratitude for the President’s bold reforms, acknowledging the significant increase in trading volumes and market values during the current administration. He urged the expedited listing of major state-owned enterprises like NNPC Limited and suggested the introduction of tax incentives to maintain this growth trajectory. Additionally, he extended an invitation to President Tinubu to visit the NGX trading floor to witness the achievements firsthand.
Temi Popoola, the Group CEO of NGX Group, reiterated the importance of positioning Nigeria’s Exchange as a global investment hub through partnerships, modernized market infrastructure, and product innovation. He emphasized the need to enhance retail investor participation via digital channels to foster inclusive and sustainable market growth. Popoola expressed gratitude for the President’s reforms and pledged to work towards making Nigeria’s Exchange a global beacon for investors.
Nonso Okpala, the Director of NGX Group Plc, applauded the administration’s reforms for promoting exchange rate stability and macroeconomic predictability under the Renewed Hope Agenda. He encouraged Nigerian businesses to list on NGX as a means of democratizing wealth and broadening participation in the capital market. Okpala highlighted the positive impact of the reforms on the company’s growth and reiterated the importance of a stable economic environment for business success.
In conclusion, President Tinubu’s meeting with the NGX Group Board and SEC leadership in Brazil showcased the administration’s commitment to promoting investor confidence, transparency, and market growth. The collaboration between government agencies and private sector players highlights a shared vision for Nigeria’s capital market development and economic prosperity. President Tinubu’s resolve to implement additional reforms underscores the administration’s dedication to creating a vibrant and thriving financial ecosystem for all Nigerians.