Capital markets can enhance economic growth – ICMR

Bisola David
Bisola David
Why capital market operators must adopt technology—FinTechNGR, SEC

Nigeria’s capital market can help the country restore its economic momentum, according to the Institute of Capital Market Registrars.

According to The Punch, this was revealed in a statement released on Friday in Lagos by the President and Chairman of the Institute’s Council, Mr. Oluseyi Owoturo.

According to Owoturo, “the current economic realities call for effective capital market utilization for enhanced growth and development.”

He further stated that the ICMR’s 2023 annual conference, scheduled for November in Lagos, would focus heavily on the inherent prospects in the capital market to aid the country in regaining its economic momentum.

According to Owoturo, the conference would reveal how to navigate the economic difficulties in Nigeria and show how new technology was growing the capital markets and reshaping the future.

Owoturo also listed the keynote speaker, a former group executive director of Access Bank Plc and current president of FinTechNGR, Ade Bajomo, along with the executive commissioner of operations of the Securities and Exchange Commission, Dayo Obisan, and the director of the Institute of Capital Market Studies at Nasarawa State University, Prof. Uche Uwaleke.

The conference’s theme, “Navigating Nigeria’s Economic Realities: The Transformative Power of Technology in the Capital Market,” will be covered by Bajomo, he said. While Uwaleke will discuss “Innovation and resilience: navigating uncertain transformations for sustainable business growth,” Obisan will speak on “empowering market participants through education and capacity building.”

Other speakers will include the Managing Director and Chief Executive Officer of CSCS Plc, Haruna Jalo-Waziri, who will lecture on “Harnessing fintech innovation for inclusive capital market: Empowering individuals through financial access and participation.”

Owoturo said that in addition to the induction of Associates, the annual general meeting would also include the investiture of Fellows.

Share this Article
Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *