NGX Group's Temi Popoola Advocates for Capital Market Growth

Temi Popoola, the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group Plc (NGX Group), emphasized the necessity of institutional collaboration, policy consistency, and international financial connectivity to strengthen Nigeria's capital market and attract sustainable long-term investments. He made these remarks at the Nigeria–Asia Financial Connectivity Dialogue held in Singapore on October 8 and 9, 2026, which was hosted by J.P.

Morgan and the Central Bank of Nigeria (CBN), in collaboration with NGX Group and FMDQ Group. The event gathered policymakers, investors, and financial-market leaders to explore investment opportunities between Nigeria and Asia.

Popoola noted the renewed momentum in capital formation in Nigeria and Africa, highlighting the importance of coordinated institutional action in market development. He pointed out that liquidity, foreign-exchange stability, and policy consistency are crucial for international investors.

Recent developments, such as the transition to a T+1 settlement cycle and Nigeria's reclassification to Frontier Market status by FTSE Russell, present opportunities to enhance the country's investment appeal.