By Peter Egwuatu

The Group Chief Executive Officer, Nigerian Exchange Group, NGX, Plc, Mr. Oscar Onyema, and Chairman House Committee on Capital Market, Honourable Babangida Ibrahim, have commended the efforts of the Chartered Institute of Stockbrokers,CIS for implementing and developing sound professionals for the capital market and the entire economy over the years.

Speaking at the 25th Annual Conference of the Institute held in Lagos, the Chairman, House Committee on Capital Market assured the Institute of continuous support of the government in ensuring that the capital market attracts more participants across different levels.

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Meanwhile, in his comment, Onyema remarked that the milestone event was aimed at inspiring and enhancing innovation and creativity in business for the benefit of not only the members of the great Institute, but all stakeholders in the capital market ecosystem.

He noted that NGX Group shared rich history and similar commitment with the Institute saying, “At NGX Group, we are more committed than ever to supporting efforts aimed at stimulating economic growth and sustainability by providing platforms for businesses and individuals to raise capital through innovation, diversified products and services, and enabling regulatory environment which will in turn unlock value for stakeholders. Our activities are designed to improve the state of the Nigerian, and indeed African, economy”.

In his welcome address, the President and Chairman of Council (CIS), Olatunde Amolegbe explained that activities such as National Workshops and Conferences were ultimately aimed at sustaining the Institute’s advocacy role. Amolegbe noted both the Institute’s National Workshop held in Abuja In August this year and the current Conference were geared towards economic development.

“The Annual Conference is slightly different in concept from the National Workshop, because it is primarily a family event. However, the two events are strategically similar, because of their focus on economic and capital market advocacy, with the intention of ultimately achieving significantly increased economic activity nationwide using a strong, inclusive and efficient capital market as an essential tool” Amolegbe said.