the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group Plc, Temi Popoola, has stated that Nigeria’s capital market should evolve beyond wealth generation to promoting prosperity that is inclusive, sustainable and anchored on strong governance.
Speaking at the 2026 Nairametrics Capital Market Awards in Lagos on Friday night, Popoola said the long-term strength of the Nigerian economy would be determined not only by its capacity to create wealth but also by how such wealth is generated, distributed and sustained.
Addressing regulators, investors, market operators and business leaders, he described the capital market as a vital channel for directing capital into productive sectors, fostering innovation, creating employment opportunities and supporting long-term economic growth.
“When we talk about wealth creation, the question is no longer whether wealth can be created. The more important question is how it is created, who participates in it, and what impact it leaves behind,” he said.
Popoola observed that global investors are increasingly allocating capital to markets that exhibit transparency, resilience and sound governance. “In this environment, potential is not enough. What attracts capital is confidence in institutions, governance and market integrity,” he stated.
