Market leaders, regulators, and government officials have called for coordinated action to deepen Nigeria’s capital market and position it as a catalyst for national economic growth.

Speaking at the 2025 Chartered Institute of Stockbrokers National Workshop held at the Presidential Villa, Abuja, Group Managing Director and CEO of Nigerian Exchange Group Plc, Temi Popoola, said aligning stakeholder efforts is critical to building a market capable of mobilising long-term capital to fuel Nigeria’s ambition of becoming a $1 trillion economy.

Popoola credited recent market improvements to structural reforms, better macroeconomic conditions, and technological upgrades. However, he emphasized that sustained progress will depend on tighter collaboration between regulators, operators, and policymakers to strengthen industries, empower financial institutions, and deepen market frameworks.

“The capital market stands at a pivotal point in Nigeria’s economic journey,” Popoola said. “With deliberate reforms and a strong regulatory environment, we have an opportunity to position the market as a key enabler of long-term capital formation that supports industries, empowers institutions, and scales our economy to new heights.”

Popoola also pointed to the success of NGX Invest, a platform aimed at streamlining market access for investors and issuers, which has enabled over ₦2 trillion in primary market transactions.

He said the platform’s performance reflects rising investor confidence and highlights the impact of effective collaboration between regulators and market participants.

Chairman of Nigerian Exchange Group, Umaru Kwairanga, stressed the importance of aligning capital market activities with Nigeria’s broader economic objectives, noting the market’s critical role in financing infrastructure, supporting businesses, and attracting both local and foreign investment.

Also speaking, the President and Chairman of the Council of the Chartered Institute of Stockbrokers, Oluropo Dada, reaffirmed the Institute’s commitment to promoting professionalism and integrity in the market.

He underscored the need to build investor confidence and boost participation to sustain long-term growth.

Director-General of the Securities and Exchange Commission, Emomotimi Agama, described capital formation as a core component of the Commission’s mandate, emphasizing its importance in driving sustainable economic development.

Echoing this, Minister of State for Finance, Doris Anite, called for urgent measures to widen access to long-term capital, boost investor confidence, strengthen institutional structures, and deepen the integration between the capital market and the real economy.