Fadahunsi Advocates for Trust and Depth in Nigeria's Capital Market

Kayode Fadahunsi, the Managing Director and Chief Executive Officer of AVA Capital Plc (NGX: AVACAP), stated that Nigeria's capital market requires greater depth and trust to effectively drive economic growth. He highlighted that investor confidence is crucial for capital allocation and that businesses need assurance of long-term funding.

Fadahunsi pointed out the importance of financial education and investor awareness, noting that market participation cannot deepen without understanding available opportunities and associated risks. He mentioned AVA Capital's success in connecting capital to critical sectors and stressed that financial institutions should not only act as intermediaries but also contribute to the economy's productive development.

Fadahunsi also acknowledged the Securities and Exchange Commission (SEC) of Nigeria's efforts in enhancing investor education and regulating digital assets as securities, which is a step towards increasing retail investor participation in the market.