NGX, stakeholders set to unfold opportunities in ETFs market

Fri, Apr 14, 2023
By editor
2 MIN READ

Business

NIGERIA Exchange Ltd. (NGX) in collaboration with key stakeholders in the capital market is to address major challenges and unfold opportunities in the Exchange Traded Funds (ETFs) market.

Mr Clifford Akpolo, Head, Marketing and Corporate Communications, NGX in a statement made available on Thursday in Lagos, said the capital market stakeholders would provide the solutions at the upcoming NGX ETFs Conference.

Akpolo said the conference with the theme : “ETFs in the Nigerian Capital Market: Opportunities and Challenges”, is aimed at resolving the challenges experienced by issuers in the Nigerian ETF market.

He explained that the experts will provide an overview of the ETF Securities framework in Nigeria and enlighten the participants on the regulatory framework of the Securities and Exchange Commission (SEC) around ETFs.

“The conference will hold virtually on April 19 and will feature major players in the capital market, such as retail investors, regulators, pension fund administrators, fund managers issuers, trading license holders and other institutional investors.

“We believe that the conference will further complement our efforts to boost liquidity and increase retail participation in the capital market.

 “Interested participants can register through this link http://bit.ly/ngx-etfs-forum,” Apkolo added.

According to him, speakers at the event will include: Mr Dayo Obisan, Executive Commissioner, Operations, SEC, Mr Jude Chiemeka, Divisional Head, Capital Markets, NGX, Mr Adele Hattingh, Manager, Business Development and Exchange Traded Products, Johannesburg Stock Exchange.

He named also Adeyinka Shonekan, Executive Director, Central Securities Clearing System (CSCS) Plc and Oladele Sotubo, CEO, Stanbic IBTC Asset Management, among others. (NAN)

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