UK Supports Nigeria's Capital Market Development Initiative

The United Kingdom has expressed that Nigeria's initiatives to enhance its capital markets could unlock new investment opportunities, create jobs, and foster shared prosperity between the two nations. This statement was made during the launch of the Nigeria Capital Market Masterplan 2.0, which spans from 2026 to 2036, alongside a National Savings Scheme aimed at mobilizing domestic resources for investment and economic development.

The event was attended by Vice President Kashim Shettima, Minister of Finance and Coordinating Minister of the Economy Taiwo Oyedele, British High Commissioner to Nigeria Pete Vowles, and Mark Napier, CEO of FSD Africa. The masterplan outlines reforms to create a diversified, efficient, and transparent capital market, aiming to position Nigeria as a regional financial hub and support its goal of developing a $1 trillion economy.

The initiative is part of the broader UK-Nigeria Strategic Partnership, which focuses on economic growth and job creation.