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… Says Capital Market Master Plan 2.0 Herald New Era For Nigeria’s Economy
The Nigerian capital market has witnessed significant growth and development in recent years, according to Dr. Umaru Kwairanga, Group Chairman of the Nigerian Exchange Group (NGX).
Speaking at the sideline during the Capital Markets Committee meeting for 2025, in Lagos on Monday, Kwairanga highlighted the sector’s achievements and outlined future plans to further boost growth and investment.
Capital Market Performance
Kwairanga noted that the Nigerian economy, particularly the capital market, has performed well in 2025. He attributed this success to the bold decisions made by the government, which have led to a decline in inflation, interest rates, and foreign exchange volatility.
“The GDP growth rate has also improved, and the capital market has seen increased volumes and values, with more foreign investors coming into the market.
New Capital Market Master Plan
The NGX Group Chairman while commenting on the launch of the new Capital Market Master Plan 2.0, said it aims and objectives is to take the market to the next level.
“The plan is expected to drive growth, increase investment, and deepen the market’s reach. Kwairanga expressed optimism that the new plan will help achieve the country’s economic goals, including increasing the market capitalization to N100 trillion.
Digitalization and Innovation
Kwairanga highlighted the importance of digitalization and innovation in the capital market. He announced the launch of the NGX Investment platform, which allows investors to invest in the capital market using their mobile phones. This initiative he said, is expected to increase access to the market, particularly among the younger generation.
Youth Inclusion
Kwairanga emphasized the need to include more young people in the capital market. He noted that the current participation rate is low, with less than 5% of the population invested in the market.
The NGX Group Chairman further highlighted the importance of developing products that appeal to the younger generation and making it easier for them to invest in the market.
Targeting a $1 Trillion Economy
Kwairanga reiterated the government’s commitment to achieving a $1 trillion economy. He emphasized that the capital market has a crucial role to play in achieving this goal and that the NGX is working closely with regulators and other stakeholders to make it happen.
In conclusion, Kwairanga expressed confidence that the Nigerian capital market will continue to grow and thrive, driven by innovation, digitalization, and youth inclusion. He called on all stakeholders to work together to achieve the country’s economic goals and make the capital market a hub for investment and growth.
