CAPITAL MARKET

NGX chairman advises stockbrokers on advocacy

The Group Chairman of Nigerian Exchange Group Plc. (NGX Group), Alhaji Umaru Kwairanga, has urged members of the Chartered Institute of Stockbrokers (CIS) FCT and Northern District to intensify their advocacy efforts and prioritize health as a key component of professional excellence.

Speaking at the CIS FCT & Northern District End-of-Year Lecture and party held in Abuja, Dr Kwairanga emphasized the critical role of the district in shaping economic policies, particularly given its strategic location in the nation’s political capital.

“As the district based in the nation’s political capital, we are uniquely positioned to influence crucial policies that shape our financial markets,” he remarked. “I urge the district’s executive committee to strengthen engagement with key policymakers by organising strategic fora, such as breakfast meetings and quarterly business dinners in 2025.”

Dr Kwairanga noted that many key players in the current administration, including the minister of finance and the governor of the Central Bank, are distinguished members of CIS, creating an opportunity for effective collaboration to advance the capital market.

The event, themed around health and wellness, also provided an opportunity for the group chairman to highlight the importance of maintaining personal well-being. Reflecting on the institute’s demographic profile, he stated, “Our institute has one of the oldest demographics among professional bodies. As we manage wealth portfolios for our clients, we must also prioritise managing our health. Health is indeed wealth.”

He encouraged attendees to take full advantage of the health-focused talk by medical professionals featured at the event.

The group chairman concluded by commending Mr Sehinde Adenagbe, the district chairman and a fellow NGX Group board member, along with the district’s Executive Committee, for their efforts in organising the event.

The CIS FCT & Northern District End-of-Year Lecture and Party served as a platform for members to reflect on the year, express gratitude, and renew their commitment to both personal and professional growth as they prepare for the opportunities and challenges of 2025.

READ ALSO: SEC urges Stockbrokers to harness capital market potential for sustainable growth

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