Left-Right: Director, Nigerian Exchange Group (NGX Group), Mr. Sehinde Adenagbe; Director of Press, Ministry of Industry, Trade and Investment, Mr. Adebayo Lawrence Thomas; Director, Tafawa Balawa Square Management Board (TBSMB), Mrs. Lucia Shittu; Group Managing Director/CEO, NGX Group, Mr. Temi Popoola; Group Chairman, NGX Group, Alhaji (Dr.) Umaru Kwairanga; Director, NGX Group, Ademola Babarinde; Hounourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, MFR; Chairman, Nigerian Exchange Limited (NGX) Mr. Ahonsi Unuigbe; CEO, NGX, Mr. Jude Chiemeka; Director, NGX Group, Mrs. Ojinika Olaghere; Director, of Investment, Mrs. Orji Gertrude; CEO, NGX Regulation Limited (NGX RegCo), Mr Olufemi Shobanjo and CEO, Lagos International Trade Fair Management Board (LITFMB), Barr Veronica Safiya Ndanusa during the Closing Gong Ceremony by the Honorable Minister of Industries, Trade and Investment at the Exchange, underscoring the critical role of capital markets in advancing Nigeria’s economic transformation agenda.
Ministry of Industry, Trade, NGX Group To Collaborate To Advance Economic Transformation
By Olushola Okunlade
Nigerian Exchange Group Plc (NGX Group) recently hosted the Honourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, MFR, for a strategic engagement aimed at leveraging the capital markets to accelerate Nigeria’s economic growth.
The visit concluded with a ceremonial Closing Gong, symbolizing a strengthened partnership between the government and private sector to drive industrial development, SME financing, and sustainable economic transformation.
Welcoming the Minister, Alhaji (Dr.) Umaru Kwairanga, Group Chairman of NGX Group, commended the Ministry’s leadership in shaping policies that promote industrialization and economic diversification. He remarked, “As Nigeria advances toward its aspiration of a $1 trillion economy, capital markets serve as critical enablers for financing MSMEs, infrastructure projects, and sustainable initiatives. NGX Group remains committed to supporting this vision through innovative platforms that enhance transparency, connect businesses with capital, and foster inclusive economic growth.”
Left-Right: Director, Nigerian Exchange Group (NGX Group), Mr. Sehinde Adenagbe; Director of Press, Ministry of Industry, Trade and Investment, Mr. Adebayo Lawrence Thomas; Director, Tafawa Balawa Square Management Board (TBSMB), Mrs. Lucia Shittu; Group Managing Director/CEO, NGX Group, Mr. Temi Popoola; Group Chairman, NGX Group, Alhaji (Dr.) Umaru Kwairanga; Director, NGX Group, Ademola Babarinde; Hounourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, MFR; Chairman, Nigerian Exchange Limited (NGX) Mr. Ahonsi Unuigbe; CEO, NGX, Mr. Jude Chiemeka; Director, NGX Group, Mrs. Ojinika Olaghere; Director, of Investment, Mrs. Orji Gertrude; CEO, NGX Regulation Limited (NGX RegCo), Mr Olufemi Shobanjo and CEO, Lagos International Trade Fair Management Board (LITFMB), Barr Veronica Safiya Ndanusa during the Closing Gong Ceremony by the Honorable Minister of Industries, Trade and Investment at the Exchange, underscoring the critical role of capital markets in advancing Nigeria’s economic transformation agenda.Left-Right: Director, Nigerian Exchange Group (NGX Group), Mr. Sehinde Adenagbe; Director of Press, Ministry of Industry, Trade and Investment, Mr. Adebayo Lawrence Thomas; Director, Tafawa Balawa Square Management Board (TBSMB), Mrs. Lucia Shittu; Group Managing Director/CEO, NGX Group, Mr. Temi Popoola; Group Chairman, NGX Group, Alhaji (Dr.) Umaru Kwairanga; Director, NGX Group, Ademola Babarinde; Hounourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, MFR; Chairman, Nigerian Exchange Limited (NGX) Mr. Ahonsi Unuigbe; CEO, NGX, Mr. Jude Chiemeka; Director, NGX Group, Mrs. Ojinika Olaghere; Director, of Investment, Mrs. Orji Gertrude; CEO, NGX Regulation Limited (NGX RegCo), Mr Olufemi Shobanjo and CEO, Lagos International Trade Fair Management Board (LITFMB), Barr Veronica Safiya Ndanusa during the Closing Gong Ceremony by the Honorable Minister of Industries, Trade and Investment at the Exchange, underscoring the critical role of capital markets in advancing Nigeria’s economic transformation agenda.
Similarly, Ahonsi Unuigbe, Chairman of Nigerian Exchange Limited (NGX), highlighted the Exchange’s role as a catalyst for national development, noting that “capital markets are powerful engines of innovation, business expansion, and economic inclusion, all of which are essential to advancing Nigeria’s industrialization objectives.”
In her remarks, Honourable Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, MFR, underscored the strategic alignment between her Ministry and NGX Group in fostering real-sector growth. “Our collaboration represents a concerted approach to harnessing capital markets as transformative platforms for Nigeria’s economic development,” she stated. The Minister outlined key focus areas, including expanding SME access to capital through NGX’s Growth Board initiatives, promoting green finance via ESG-linked products, mobilizing diaspora investment, and leveraging AfCFTA opportunities to nurture the next generation of high-growth Nigerian businesses.
Temi Popoola, Group Managing Director/CEO of NGX Group, emphasized the organization’s technology-driven strategy: “We are building a next-generation exchange ecosystem designed to democratize investment opportunities, enhance market liquidity, and position Nigeria as a competitive destination for both domestic and international capital.”
The engagement convened key stakeholders from the capital market ecosystem, all of whom reaffirmed their commitment to supporting the Ministry’s initiatives and contributing to Nigeria’s economic resilience.
Marking a renewed commitment to sustainable national development, the ceremonial Closing Gong affirmed the strengthened partnership between the Federal Ministry of Industry, Trade and Investment and NGX Group. Both parties pledged to continue developing capital market solutions that drive Nigeria’s economic transformation.
