The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group, Temi Popoola. PHOTO: NGX
The Group Managing Director and Chief Executive Officer of Nigerian Exchange Group, Temi Popoola, says Nigeria has the fundamentals to build one of Africa’s leading capital markets, citing the country’s youthful population, entrepreneurial culture and growing pipeline of businesses as key competitive advantages.
Speaking during a recent interview, Popoola said the Exchange’s ambition is to strengthen Nigeria’s position as a leading player on the continent by leveraging the country’s inherent strengths while deepening the capital market’s ability to connect businesses seeking long-term capital with investors.
“Our strategy is to build on Nigeria’s inherent strengths,” Popoola said. “We have a youthful, vibrant and increasingly upwardly mobile population with a strong entrepreneurial spirit. Coupled with the richness of our culture, these are enduring competitive advantages that position Nigeria to create greater value on the global stage.”
He said Nigeria’s growing base of established businesses provides a strong pipeline of companies capable of accessing the capital market to fund expansion, while increasing investor participation continues to deepen the market.
