NGX and SEC Deepen Ties with China to Boost Investments
Written by Blessing Ajibuwa on June 16, 2025
The Nigerian Exchange Group (NGX) and the Securities and Exchange Commission (SEC) are strengthening their partnership with China to enhance Nigeria’s capital market as a hub for cross-border investments. This move aims to position Nigeria as a strategic platform for investment flows between Nigeria and China.
Key Highlights
– *Deepening Capital Market Partnerships*: NGX Group’s CEO, Temi Popoola, emphasized that deepening capital market partnerships is key to unlocking new investment corridors between Nigeria and China.
– *Engagement with Chinese Institutions*: NGX Group is engaging with institutions such as the Shanghai Stock Exchange and Hong Kong Stock Exchange to create frameworks that allow Chinese corporates to raise capital locally.
– *Investment Opportunities*: The partnership aims to attract foreign investments into Nigeria’s real sector, promoting sustainable economic growth and cross-border cooperation.
Benefits of the Partnership
– *Increased Foreign Investment*: The partnership can lead to increased foreign investment, economic growth, and job creation.
– *Diversification of Economy*: It can help diversify Nigeria’s economy, reducing dependence on oil exports and promoting non-oil sectors.
– *Improved Infrastructure*: Increased investment can also lead to improved infrastructure, benefiting the overall economy ¹ ².
By fostering cross-border capital market partnerships, NGX and SEC aim to strengthen Nigeria’s connectivity to global financial markets and attract new investment flows.
