NGX, Stakeholders Seek Solutions To Deepening Nigeria’s Exchange Traded Funds Market

The Nigerian Exchange Limited (NGX) says it is partnering key capital market stakeholders to organise a conference that would address major challenges and opportunities in the Exchange Traded Funds (ETFs) market on Wednesday, April 19, 2023.
A statement by the NGX said the virtual workshop themed “ETFs in the Nigerian Capital Market: Opportunities and Challenges,” will feature major players in the capital market like retail investors; regulators; pension fund administrators; fund managers Issuers; trading license holders and other institutional investors.
According to Clifford Akpolo, Head, Marketing and Corporate Communications, at the NGX, “the conference will provide an overview of the ETF Securities framework in Nigeria and enlighten market participants on the regulatory framework of the Securities and Exchange Commission (SEC) around ETFs.
“It also aims to resolve the challenges experienced by issuers in the Nigerian ETF market. We believe 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.
Confirmed speakers at the event are: Dayo Obisan, Executive Commissioner, Operations at the Securities & Exchange Commission (SEC); Jude Chiemeka, Divisional Head, Capital Markets, NGX; Adele Hattingh, Manager, Business Development and Exchange Traded Products, Johannesburg Stock Exchange; Adeyinka Shonekan, Executive Director, Central Securities Clearing System Plc (CSCS); and Oladele Sotubo, Chief Executive Officer, Stanbic IBTC Asset Management.
The panel will feature: Ike Onyia, CEO, FBN Quest Asset Management; Oyelade Eigbe, Managing Director, Vetiva Fund Managers Limited; Aigbovbiose Aig-Imoukhuede, President, Fund Managers Association of Nigeria and CEO, Coronation Asset Management; and Nornah Awoh, Chief Equity Analyst/CEO, Palesa Capital Markets Associates. The panel would be moderated by Wole Famurewa, Markets Editor, West Africa, CNBC Africa.