Stockbrokers To Discuss Economic Growth Strategies

The Chartered Institute of Stockbrokers (CIS) is set to discuss strategies for enhancing capital formation and driving economic growth in Nigeria.

The Institute will be bringing together industry experts, policymakers, and stakeholders to its workshop scheduled for July 22, 2025, in Abuja, with the theme, ‘Capital Formation in Nigeria: Strengthening Industry, Institutions, and Markets to Bolster a $1 Trillion Economy’.

This engaging event is designed to address the challenges and opportunities within Nigeria’s capital formation landscape and will seek innovative solutions moving forward.

CIS emphasised that “the workshop stands to be a pivotal moment in Nigeria’s economic calendar. It will facilitate in-depth dialogues on critical issues and opportunities related to capital formation. “

“By exploring effective strategies to reinforce industries, institutions, and markets, participants can actively contribute to the ambitious vision of achieving a $1 trillion economy.”

The president of the Institute, Oluropo Dada, stated, “we are dedicated to creating an actionable agenda for the government to fully leverage the capital market’s potential as we pursue a $1 trillion economy.

“This workshop will examine a variety of opportunities and challenges, while also focusing on the institutional requirements and the overall operating environment to enhance our market’s appeal to diverse investors.”

Group Chairman of the Nigerian Exchange Group (NGX Group) Plc, Alhaji Umaru Kwairanga expressed appreciation for the government’s support in hosting this workshop at Aso Rock Villa.

He stated, “we are excited to bring together accomplished experts from both the private and public sectors to showcase how the capital market can effectively contribute to the goal of a $1 trillion economy.

The capital market has been instrumental in embracing the initiatives of the Tinubu administration, highlighting its significant potential to drive economic progress.”

The first vice president of CIS, Fiona Ahimie added, “the theme of this workshop is especially relevant, as Nigeria possesses considerable internal capital that can be harnessed across various industries to build resilient financial institutions.

“By focusing on our own resources, rather than relying on external sources, we can accelerate growth and position Nigeria as one of Africa’s leading economies. This approach not only allows us to meet our own developmental goals but also provides an opportunity to significantly support other African nations.”