Nigeria commends efforts on capital market development

The Federal Government has commended the Nigerian Exchange (NGX) for its efforts aimed at deepening the Nigerian capital market.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said this in a statement issued by Mr Tijjani Mohammad for Director, Information and Public Relations of the ministry on Wednesday.
Ahmed made the commendation when the management of the NGX, led by its Chief Executive Officer, Mr Timi Popoola, paid her a courtesy visit in her office.
She urged the management to leverage technology and innovations which could ease the processes of trading on the exchange.
Ahmed also called on them to ensure that ordinary citizens participated actively in the capital market.
She said the Federal Government had directed the Securities and Exchange Commission to organise a saving policy and programme that would encourage citizens to participate actively in the capital market as a means of unlocking the potential….

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