{"id":76479,"date":"2023-09-25T18:21:42","date_gmt":"2023-09-25T17:21:42","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=76479"},"modified":"2023-09-25T18:21:42","modified_gmt":"2023-09-25T17:21:42","slug":"ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/","title":{"rendered":"NGX To Mobilize Capital For FG\u2019s Agenda – Popoola, CEO \u00a0\u00a0"},"content":{"rendered":"
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

The CEO of Nigerian Exchange Limited, Mr. Temi Popoola, has affirmed that NGX is fully poised to lend its support to the Federal Government’s objectives.<\/p>\n

NGX aims to achieve this by mobilizing capital, which, as he put it, \u201cwill address government challenges and foster wealth creation for Nigerians.\u201d This assertion comes in the wake of President Bola Tinubu’s ceremonial ringing of the Closing Bell at NASDAQ Exchange in New York last week, marking a significant moment in the NGX International Non-Deal Roadshow supported by Stanbic IBTC, CardinalStone Partners, and Chapel Hill Denham.\u00a0\u00a0<\/span><\/p>\n

Popoola, speaking on the sidelines of the Roadshow to BBC in London, highlighted the privatization initiatives in the telecommunications sector as a compelling illustration of this concept. He pointed out that President Tinubu’s administration, presently engaged in tax reforms to boost revenue, can harness the potential of the capital market to create value and simultaneously achieve its objectives while delivering returns to investors.\u00a0\u00a0<\/span><\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

As part of ongoing endeavors to attract foreign investors to the Nigerian economy, Mr. Wale Edun, the Minister of Finance and the Coordinating Minister of the Economy, ceremonially rang the Opening Bell at the London Stock Exchange on Monday, 25th September 2023 to spotlight the London arm of the Roadshow. Since the onset of the COVID-19 pandemic in 2020, foreign investment in Nigeria has experienced a significant decline, mirroring the trend observed in other emerging economies during the same period.\u00a0\u00a0<\/span><\/p>\n

\u00a0<\/span>\u201cWhat we are trying to achieve is to emphasize to investors that Nigeria is open for business and also reinforce that the enormity of the challenges are clear and work has begun to address all the issues. Whether capital inflows or foreign exchange illiquidity, NGX remains a veritable platform for solving these economic challenges,\u201d the CEO added. According to Popoola, encouraging listings can also address government’s problems including tax revenues, and create value for shareholders as listed companies have better governance and are more accountable with tax payment.\u00a0\u00a0<\/span><\/p>\n

\n

\n

\n

\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/p>","protected":false},"excerpt":{"rendered":"

The CEO of Nigerian Exchange Limited, Mr. Temi Popoola, has affirmed that NGX is fully poised to lend its support to the Federal Government’s objectives.\u00a0 \u00a0<\/p>\n","protected":false},"author":6,"featured_media":72544,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23,17],"tags":[8539],"coauthors":[2391],"class_list":["post-76479","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-ngx"],"yoast_head":"\nNGX To Mobilize Capital For FG\u2019s Agenda - Popoola, CEO \u00a0\u00a0 - National Wire<\/title>\n<meta name=\"description\" content=\"The CEO of Nigerian Exchange Limited, Mr. Temi Popoola, has affirmed that NGX is fully poised to lend its support to the F\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NGX To Mobilize Capital For FG\u2019s Agenda - Popoola, CEO \u00a0\u00a0 - National Wire\" \/>\n<meta property=\"og:description\" content=\"The CEO of Nigerian Exchange Limited, Mr. Temi Popoola, has affirmed that NGX is fully poised to lend its support to the F\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-25T17:21:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/download-6.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"297\" \/>\n\t<meta property=\"og:image:height\" content=\"170\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/download-6.jpeg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/download-6.jpeg\",\"width\":297,\"height\":170,\"caption\":\"NGX CEO Mr. Timi Popoola\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/\",\"name\":\"NGX To Mobilize Capital For FG\u2019s Agenda - Popoola, CEO \u00a0\u00a0 - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#primaryimage\"},\"datePublished\":\"2023-09-25T17:21:42+00:00\",\"dateModified\":\"2023-09-25T17:21:42+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"description\":\"The CEO of Nigerian Exchange Limited, Mr. Temi Popoola, has affirmed that NGX is fully poised to lend its support to the F\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NGX To Mobilize Capital For FG\u2019s Agenda – Popoola, CEO \u00a0\u00a0\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"NGX To Mobilize Capital For FG\u2019s Agenda - Popoola, CEO \u00a0\u00a0 - National Wire","description":"The CEO of Nigerian Exchange Limited, Mr. Temi Popoola, has affirmed that NGX is fully poised to lend its support to the F","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/","og_locale":"en_US","og_type":"article","og_title":"NGX To Mobilize Capital For FG\u2019s Agenda - Popoola, CEO \u00a0\u00a0 - National Wire","og_description":"The CEO of Nigerian Exchange Limited, Mr. Temi Popoola, has affirmed that NGX is fully poised to lend its support to the F","og_url":"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/","og_site_name":"National Wire","article_published_time":"2023-09-25T17:21:42+00:00","og_image":[{"width":297,"height":170,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/download-6.jpeg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/download-6.jpeg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2023\/06\/download-6.jpeg","width":297,"height":170,"caption":"NGX CEO Mr. Timi Popoola"},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/","name":"NGX To Mobilize Capital For FG\u2019s Agenda - Popoola, CEO \u00a0\u00a0 - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#primaryimage"},"datePublished":"2023-09-25T17:21:42+00:00","dateModified":"2023-09-25T17:21:42+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"description":"The CEO of Nigerian Exchange Limited, Mr. Temi Popoola, has affirmed that NGX is fully poised to lend its support to the F","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/ngx-to-mobilize-capital-for-fgs-agenda-popoola-ceo\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"NGX To Mobilize Capital For FG\u2019s Agenda – Popoola, CEO \u00a0\u00a0"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/76479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=76479"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/76479\/revisions"}],"predecessor-version":[{"id":76481,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/76479\/revisions\/76481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/72544"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=76479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=76479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=76479"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=76479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}