NGX Says Capital Market Will Adopt Tech.
Nigerian
Exchange Group says it will be adopting technology to drive the capital-raising
efforts of financial companies who are racing to meet the new capital
requirements of the Central Bank of Nigeria.
The
Group Managing Director and Chief Executive Officer of the NGX Group,
Temi Popoola, who disclosed this when the Minister of Industry, and Trade &
Investment, Dr Doris Uzoka-Anite, visited the NGX headquarters in Lagos.
Popoola,
who called for intentionality on the part of the government in terms of
policies affecting the capital market, said the bank recapitalization exercise
would provide a unique opportunity for the market.
He said, in the capital market, we find different times and
different eras when government interventions brought change.
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