NGX, Greenwich Securities, Afriprud Partner On Retail Investor Workshop
As part of its investor education efforts, the Nigerian Exchange Limited (NGX), on Wednesday, July 14, 2021, hosted a Retail Investor Workshop in collaboration with Greenwich Securities Limited and Africa Prudential Plc.
Declaring open the webinar themed “realizing income from your investments, dividends to coupons and everything in-between the Divisional Head, Trading Business, at the NGX, Jude Chiemeka said the event is in continuation of a “commitment to providing relevant and strategic information targeted at equipping investors with the knowledge and skills necessary to effectively leverage the investment opportunities in the capital market.”
Expressing pleasure at the collaboration with Greenwich Securities and African Prudential, representing the brokers and registrar businesses respectively, he stressed the need for investors to understand “capital market investments and investment mechanisms, as only then will they be empowered to make sound investment decisions.”
Looking ahead, he said, “the Exchange through its Retail Investor Coverage Department will continue to roll out initiatives designed to encourage retail investor involvement in the capital market.”
Speaking on “ Realising Income from Investment,” the Acting Managing Director, Greenwich Securities Limited, Ms. Eniola Osula took participants through the various investment instruments available to retail investors on the NGX platform.
On her part, the Deputy Registrar/Chief Operating Officer, Africa Prudential Plc, Ms. Catherine Nwosu shed light on the topic, “Investment: Innovations in the Registrar Space,” highlighting the efforts of Registrars to ease the investment process end-to-end.
The event culminated in a presentation from the Head, X-Academy, NGX, Ms. Ugochi Obi on learning opportunities the NGX provides to deepen knowledge about the capital market.
A statement by the exchange said it continues to respond to the growing need for increased retail participation in the market through its products and services, advanced strides in the use of technology, and more frequent engagements across touch-point.
“The market continues to look forward to initiatives such as this that will ultimately deepen the capital market and improve liquidity,” it added.