{"id":76729,"date":"2023-10-26T15:08:07","date_gmt":"2023-10-26T14:08:07","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=76729"},"modified":"2023-10-26T15:08:07","modified_gmt":"2023-10-26T14:08:07","slug":"technology-can-foster-the-growth-of-capital-markets-ngx-ceo-popoola","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/technology-can-foster-the-growth-of-capital-markets-ngx-ceo-popoola\/","title":{"rendered":"Technology Can Foster The Growth Of Capital Markets- NGX CEO, Popoola\u00a0"},"content":{"rendered":"<div class=\"H_6D6F W_3mS5W\" data-yaft-module=\"base-screen-main-container\" aria-hidden=\"true\">\n<div class=\"W_6D6F iy_h\" data-test-id=\"swipeable-container\">\n<div data-test-id=\"swipeable-content\">\n<div class=\"W_6D6F p_R\" data-test-id=\"virtual-list\">\n<div class=\"\" data-test-id=\"virtual-list-content\">\n<p>Technology has laid a foundation for the development of capital markets not only in Nigeria, but in Africa.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"H_6D6F em_N W_3mS5W p_f Z_pG T_dm5 R_0\">\n<div class=\"p_f W_3mS5W H_6D6F\" tabindex=\"-1\" data-test-id=\"flick-panel-set\" data-flick-panel-is-open=\"true\">\n<div class=\"p_f I_ZkbNhI W_6D6F H_6D6F D_F ek_BB T_0 L_3mS5W\" data-test-id=\"flick-panel\">\n<div class=\"F_N K_1BObGP iz_A\" data-test-id=\"card-view-scroller\" data-touch-scroll-enabled=\"true\">\n<div class=\"H_6D6F em_N o_h cZ1RN91d_GG I_ZkbNhI p_a W_6D6F\" data-test-id=\"message-group\">\n<div class=\"H_1BObGP iz_FF\" data-test-id=\"message-group-content\" data-touch-scroll-enabled=\"true\">\n<div class=\"k_w jb_7ceA d_93qVS D_F ek_BB\">\n<div class=\"U_fq7 em_N\" data-test-id=\"message-card\">\n<div class=\"U_6MGW\">\n<div data-test-id=\"message-view-body\">\n<div class=\"msg-body P_wpofO iy_A\" data-test-id=\"message-view-body-content\">\n<div class=\"jb_0 X_6Fd5 N_6Fd5\">\n<div data-test-id=\"message-body\">\n<div id=\"yiv0408404980\">\n<div dir=\"ltr\">\n<div dir=\"ltr\">\n<p class=\"yiv0408404980MsoNormal\">This was the view of the Chief Executive Office, Nigerian Exchange Limited (NGX), Temi Popoola when he spoke at the West Africa Capital Market conference which held Wednesday, 25 October 2023 in Eko Hotel, Lagos.<\/p>\n<p class=\"yiv0408404980MsoNormal\">On the panel themed &#8220;Digital Transformation and Infrastructure Development: Leveraging Technology Growth in ECOWAS Region,&#8221; Popoola stressed that technology can serve as a good building block for innovation in the capital market.<\/p>\n<p class=\"yiv0408404980MsoNormal\">He said, &#8220;In December 2021, we had a landmark transaction through technology. It was a secondary share sale in our capital market. It was the first time in the history of our market where on a mobile phone end to end, shares could be bought by retail investors.<\/p><div data-ad-id=\"32665\" style=\"text-align:center; margin-top:0px; margin-bottom:0px; margin-left:0px; margin-right:0px;float:none;\" class=\"afw afw_ad_image afw_ad afwadid-32665  \">\r\n                                                            <div style=\"font-size:10px;text-align:center;color:#cccccc;\">Advertisement<\/div>\r\n\t\t\t\t\t\t\t<a target=\"_blank\" href=\"http:\/\/www.accessbankplc.com\" rel=\"nofollow\"><img decoding=\"async\" height=\"auto\" max-width=\"100%\" src=\"https:\/\/nationalwire.com.ng\/wp-content\/uploads\/2019\/06\/Banner-1.jpg\"><\/a>\r\n                                                                        \r\n\t\t\t\t\t\t\t<\/div>\n<p class=\"yiv0408404980MsoNormal\">&#8220;Two weeks ago, with Second Stax- a Ghana based company, we facilitated the first ever transaction across borders in a Nigeria &#8211; Ghana bilateral trade.&#8221; The NGX CEO said that these examples of technological innovation in the Nigerian bourse demonstrate how critical digital innovation can facilitate capital market growth.<\/p>\n<p class=\"yiv0408404980MsoNormal\">Earlier, the Chief Digital Officer, NGX, Olufemi Oyenuga made a presentation on how the NGX has been utilizing digitalization to drive the operations of the exchange.<\/p>\n<p class=\"yiv0408404980MsoNormal\">\n<p class=\"yiv0408404980MsoNormal\">\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"jb_0 X_6Fd5 N_6Fd5\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/p><!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Technology has laid a foundation for the development of capital markets not only in Nigeria, but in Africa.\u00a0<!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><!-- AddThis Share Buttons generic via filter on get_the_excerpt --><\/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-76729","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","category-news","tag-ngx"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.9 - 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