Nigerian Capital Market Must Foster Inclusive Wealth Creation

Temi Popoola, the Group Managing Director and Chief Executive Officer of Nigerian Exchange Group PLC, addressed the necessity for Nigeria's capital market to evolve beyond mere wealth generation to ensure inclusive and sustainable prosperity. Speaking at the 2026 Nairametrics Capital Market Award in Lagos, Popoola stated that the future strength of Nigeria's economy hinges on its ability to create wealth that is shared and sustainable.

He highlighted the importance of transparency, resilience, and sound governance in attracting global investors. Popoola noted that wealth creation must involve broader participation across various demographics and emphasized the rise of retail investor participation as a positive development.

He mentioned that the Nigerian capital market has facilitated capital raising exceeding N2.8 trillion and onboarded two million retail investors by 2025. Furthermore, he called for greater collaboration between the public and private sectors to strengthen market infrastructure and support economic transformation.