Dangote IPO puts Nigeria’s six million investor base to test

Nigeria’s capital market is facing a major test of its capacity to attract retail investors as the proposed Dangote Refinery initial public offering (IPO) targets 10 million investors, exceeding the country’s current active investor base of less than six million. Umaru Kwairanga, chairman of Nigerian Exchange Group (NGX), said achieving the target would significantly expand retail participation and deepen the domestic capital market. Speaking at the 2026 Investment Banking Awards organised by the Association of Issuing Houses of Nigeria (AIHN), Kwairanga said the market was evolving and could play a bigger role in Nigeria’s ambition to build a $1 trillion economy. “The Dangote IPO is targeting 10 million retail investors. When you look at the number of active investors we currently have, which is below six million, that is a very bold target. If we are able to achieve that, it will have a significant impact on the capital market,” he said. The proposed offering presents an opportunity to broaden participation in the Nigerian capital market, although achieving the target would require attracting millions of additional investors beyond the existing active investor base. Kwairanga also called for more large companies, including government-related businesses, to list on the Nigerian Exchange, arguing that wider participation by major enterprises would deepen the market and support economic growth. “As a result of what we have achieved in the Nigerian economy, we want more companies related to the government to be listed on the exchange. For instance, NLNG and other power companies,” he said. Read also: How Dangote IPO is building new routes for African investors into Nigeria He added that the Federal Government had directed the Central Bank of Nigeria to encourage companies seeking foreign listings to also list in Nigeria, a move he said would help strengthen the domestic market. The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Umaru Kwairanga, chairman of Nigerian Exchange Group (NGX), said achieving the target would significantly expand retail participation and deepen the domestic capital market. Speaking at the 2026 Investment Banking Awards organised by the Association of Issuing Houses of Nigeria (AIHN), Kwairanga said the market was evolving and could play a bigger role in Nigeria’s ambition to build a $1 trillion economy. “The Dangote IPO is targeting 10 million retail investors. When you look at the number of active investors we currently have, which is below six million, that is a very bold target. If we are able to achieve that, it will have a significant impact on the capital market,” he said. The proposed offering presents an opportunity to broaden participation in the Nigerian capital market, although achieving the target would require attracting millions of additional investors beyond the existing active investor base. Kwairanga also called for more large companies, including government-related businesses, to list on the Nigerian Exchange, arguing that wider participation by major enterprises would deepen the market and support economic growth. “As a result of what we have achieved in the Nigerian economy, we want more companies related to the government to be listed on the exchange. For instance, NLNG and other power companies,” he said. Read also: How Dangote IPO is building new routes for African investors into Nigeria He added that the Federal Government had directed the Central Bank of Nigeria to encourage companies seeking foreign listings to also list in Nigeria, a move he said would help strengthen the domestic market. The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Speaking at the 2026 Investment Banking Awards organised by the Association of Issuing Houses of Nigeria (AIHN), Kwairanga said the market was evolving and could play a bigger role in Nigeria’s ambition to build a $1 trillion economy. “The Dangote IPO is targeting 10 million retail investors. When you look at the number of active investors we currently have, which is below six million, that is a very bold target. If we are able to achieve that, it will have a significant impact on the capital market,” he said. The proposed offering presents an opportunity to broaden participation in the Nigerian capital market, although achieving the target would require attracting millions of additional investors beyond the existing active investor base. Kwairanga also called for more large companies, including government-related businesses, to list on the Nigerian Exchange, arguing that wider participation by major enterprises would deepen the market and support economic growth. “As a result of what we have achieved in the Nigerian economy, we want more companies related to the government to be listed on the exchange. For instance, NLNG and other power companies,” he said. Read also: How Dangote IPO is building new routes for African investors into Nigeria He added that the Federal Government had directed the Central Bank of Nigeria to encourage companies seeking foreign listings to also list in Nigeria, a move he said would help strengthen the domestic market. The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

“The Dangote IPO is targeting 10 million retail investors. When you look at the number of active investors we currently have, which is below six million, that is a very bold target. If we are able to achieve that, it will have a significant impact on the capital market,” he said. The proposed offering presents an opportunity to broaden participation in the Nigerian capital market, although achieving the target would require attracting millions of additional investors beyond the existing active investor base. Kwairanga also called for more large companies, including government-related businesses, to list on the Nigerian Exchange, arguing that wider participation by major enterprises would deepen the market and support economic growth. “As a result of what we have achieved in the Nigerian economy, we want more companies related to the government to be listed on the exchange. For instance, NLNG and other power companies,” he said. Read also: How Dangote IPO is building new routes for African investors into Nigeria He added that the Federal Government had directed the Central Bank of Nigeria to encourage companies seeking foreign listings to also list in Nigeria, a move he said would help strengthen the domestic market. The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

The proposed offering presents an opportunity to broaden participation in the Nigerian capital market, although achieving the target would require attracting millions of additional investors beyond the existing active investor base. Kwairanga also called for more large companies, including government-related businesses, to list on the Nigerian Exchange, arguing that wider participation by major enterprises would deepen the market and support economic growth. “As a result of what we have achieved in the Nigerian economy, we want more companies related to the government to be listed on the exchange. For instance, NLNG and other power companies,” he said. Read also: How Dangote IPO is building new routes for African investors into Nigeria He added that the Federal Government had directed the Central Bank of Nigeria to encourage companies seeking foreign listings to also list in Nigeria, a move he said would help strengthen the domestic market. The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Kwairanga also called for more large companies, including government-related businesses, to list on the Nigerian Exchange, arguing that wider participation by major enterprises would deepen the market and support economic growth. “As a result of what we have achieved in the Nigerian economy, we want more companies related to the government to be listed on the exchange. For instance, NLNG and other power companies,” he said. Read also: How Dangote IPO is building new routes for African investors into Nigeria He added that the Federal Government had directed the Central Bank of Nigeria to encourage companies seeking foreign listings to also list in Nigeria, a move he said would help strengthen the domestic market. The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

“As a result of what we have achieved in the Nigerian economy, we want more companies related to the government to be listed on the exchange. For instance, NLNG and other power companies,” he said. Read also: How Dangote IPO is building new routes for African investors into Nigeria He added that the Federal Government had directed the Central Bank of Nigeria to encourage companies seeking foreign listings to also list in Nigeria, a move he said would help strengthen the domestic market. The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Read also: How Dangote IPO is building new routes for African investors into Nigeria He added that the Federal Government had directed the Central Bank of Nigeria to encourage companies seeking foreign listings to also list in Nigeria, a move he said would help strengthen the domestic market. The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

He added that the Federal Government had directed the Central Bank of Nigeria to encourage companies seeking foreign listings to also list in Nigeria, a move he said would help strengthen the domestic market. The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

The call comes as investment banking firms continue to play a significant role in mobilising capital through debt and equity issuances, financial advisory services and innovative financing structures. Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Chapel Hill Denham emerged as Investment Bank of the Year at the 2026 AIHN awards, also winning Debt Capital Markets House of the Year and Public Sector Bond House of the Year. The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

The awards recognised its participation in high-value advisory transactions, capital market issuances and public-sector debt transactions completed in 2025 under a points-based system. Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Stanbic IBTC won Commercial Paper House of the Year, Corporate Bond House of the Year and Equity House of the Year, while Vetiva Advisory Services received three awards: Financial Advisory House of the Year, M&A Deal of the Year and Innovative Issuance of the Year. Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Vetiva was recognised for advising on the first two series of the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), totalling N250 billion. The fund forms part of the Federal Government’s N1 trillion public-private partnership initiative aimed at addressing the country’s housing deficit by providing low-cost, long-term mortgages. Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Zenith Bank recorded the largest equity issuance of the year, valued at N350.4 billion. The transaction was led by Stanbic IBTC, with Quantum Zenith Capital, CardinalStone, Chapel Hill Denham, Coronation Merchant Bank, Meristem and Vetiva serving as joint advisers. The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

The Corporate Sukuk Deal of the Year award went to TAJ Bank’s Series 2 Mudarabah Sukuk issuance, led by AVA Capital Partners, alongside other issuing houses. United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

United Capital won Most Prolific House of the Year, while Iron Capital Markets was named Prodigy Firm of the Year. Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Kemi Awodein, AIHN president and managing director of Chapel Hill Denham Advisory Limited, congratulated the award recipients and reiterated the association’s commitment to promoting professionalism in Nigeria’s capital market as it marked its 30th anniversary. “I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

“I offer my warmest congratulations. Your achievements inspire confidence in the future of our industry and set standards for others to aspire to,” she said. Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Awodein said the association planned to strengthen digitalisation, improve the use of technology and deepen collaboration to support financing for the real economy. “We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

“We plan to improve on digitalisation, use technology more effectively and increase collaboration in developing and funding the real economy,” she said. Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

Victor Ndukauba, deputy managing director of Afrinvest, also commended investment banking firms for their contributions to the development of Nigeria’s capital market, noting that greater digitalisation would be critical to expanding investor participation over the next decade. The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share

The push to increase retail participation, attract more company listings and expand technology-driven access is expected to remain central to efforts to deepen the market and strengthen its role in financing Nigeria’s economic ambitions. Related News FG signals end to overlapping budgets, unrealistic assumptions States’ bumper revenues push capital spending by over 182% in 4 years, World Bank WORLD IN BRIEF: Maduro charged with torture conspiracy, Prince Harry reveals post UK depression, Ghana cocoa regulator raises $288m and other stories Share