Nigerian Capital Market Effective Tool For Economic Growth – ICMR

The Institute of Capital Market Registrars (ICMR) has emphasised the need for effective utilisation of Nigeria’s capital market to regain economic momentum and growth.

The president & chairman of Council of the Institute, Mr Oluseyi Owoturo, said this in a statement in Lagos. Owoturo stressed that the present economic realities called for effective utilisation of the capital market for enhanced growth and development.

He said the inherent opportunities in the capital market to regain economic momentum would take the centre stage at the ICMR’s 2023 annual conference slated for November 4, 2023 in Lagos.

Owoturo said, the conference would discover the secrets of navigating uncertainties in the Nigerian economy and how innovative technology is transforming and expanding the capital markets, saying, the conference will expose how technology innovation is disrupting the capital markets and redefining the future.

Owoturo added that stakeholders would x-ray the technology induced innovations and identify technologies that are changing the capital markets.

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He said, a former Group executive director of Access Bank Plc and current president, FinTech Association of Nigeria (FintechNGR), Mr Ade Bajomo would deliver the keynote address at this year’s annual conference.

“Bajomo will speak on the theme of the conference titled ‘Navigating Nigeria’s Economic Realities: The Transformative Power of Technology in the Capital Market’, “ he said.

Other speakers at the conference include; the executive commissioner operations, Securities & Exchange Commission(SEC), Mr Dayo Obisan and director, Institute of Capital Market Studies, Nasarawa State University and the Special Adviser to the Senate Committee Chairman on Capital Market, Prof. Uche Uwaleke.

Owoturo said, Obisan would speak on the topic ‘Empowering Market Participants through Education and Capacity Building’, adding that, Uwaleke would speak on ‘Innovation and Resilience: Navigating Uncertain Transformations for Sustainable Business Growth’.

Owoturo said, managing director & chief executive officer, CSCS Plc, Mr. Haruna Jalo-Waziri would speak on ‘Harnessing Fintech Innovation for Inclusive Capital Market: Empowering Individuals through Financial Access and Participation.’

ICMR was registered with the CAC in 2004 to organise and conduct professional examinations in share registration. They also provide continuous training/retraining of professionals in securities data management in the capital market.