• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Thursday, June 26, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Trade Ministry, NGX Group Partner To Achieve $6bn Investment Target

by Zaka Khaliq
2 months ago
in Business
Share on WhatsAppShare on FacebookShare on XTelegram

The federal ministry of Industry, Trade and Investment (FMITI) and the Nigerian Exchange Group (NGX Group). have partnered in a move to achieve $6bn Investment Target.

Advertisement

This collaboration was highlighted during the distinguished Closing Gong Ceremony at the NGX, Lagos, where Dr. Oduwole outlined FMITI’s ambitious target to facilitate $6 billion in foreign investment into Nigeria’s productive economy in 2025.

The minister of Industry, Trade and Investment, Dr. Jumoke Oduwole was at the Nigeria Stock Exchange (NGX) yesterday on invitation by the NGX Group to perform the distinguished Closing Gong Ceremony on Nigerian Exchange, Lagos.

This symbolic ceremony, held on trading days, marks the formal close of the market and provides an excellent platform to showcase leadership, inspire stakeholders, and address critical economic issues.

Meanwhile, of the $6 billion target, $3 billion is projected to come from Foreign Direct Investment (FDI) into key sectors such as infrastructure, manufacturing, agribusiness, technology, and renewable energy as these sectors are pivotal to creating jobs, promoting exports, and enhancing Nigeria’s productive capacity.

RELATED

Oyetola

Blue Economy Revenue Rises By 90%, To Surpass NNPC’s Soon – Oyetola

8 minutes ago
CIPMN Hails Crackdown On FCDA Official Over Impersonation

Project Delivery: Project Managers Target Year-end Rollout For DUCAP Framework

10 minutes ago

 

Another $3 billion is expected to be mobilised through Foreign Portfolio Investment (FPI) by leveraging innovative financial instruments such as; green bonds, diaspora-linked securities, and SME-focused platforms, with these efforts aimed to deepen market liquidity and align capital flows with national priorities.

 

Dr. Oduwole emphasised the integral role of capital markets in driving economic resilience and sustainable growth, stating that, “Deepening Nigeria’s capital markets is fundamental to improving investment flows, creating jobs, and sustaining long-term economic resilience.”

 

On his part, the chairman of Nigerian Exchange Limited (NGX), Ahonsi Unuigbe,  reinforced the importance of this collaboration, noting that, “Capital markets are powerful engines of innovation, business expansion, and economic inclusion, all of which are essential to advancing Nigeria’s industrialisation objectives.”

 

Similarly, the group managing director/CEO of NGX Group, Temi Popoola, while speaking on the Exchange’s technology-driven vision, said: “We are building a next-generation exchange ecosystem designed to democratize investment opportunities, enhance market liquidity, and position Nigeria as a competitive destination for both domestic and international capital.”

 

The engagement brought together key stakeholders from the capital market ecosystem, all of whom reaffirmed their commitment to supporting FMITI’s initiatives.

 

Notable areas of collaboration include: Strategic listing of State-Owned Enterprises (SOEs), Empowering Small and Medium Enterprises (SMEs:), Green and Sustainable Finance, even as the NGX Group emphasised its role as a gateway to capital markets, offering a robust platform for cross-border investments.

 

Moreover, the chairman of NGX Group,.Umaru Kwairanga commended the Ministry’s leadership and bold reforms, which have set the stage for inclusive growth. “By fusing policy innovation with market infrastructure, we can catalyze a new era of sustainable growth and national development,” he stated.

 

 


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

BREAKING NEWS: Nigerians can now earn US Dollars from the comfort of their homes with Ultra-Premium domains, acquire them for as low as $1700 and profit as much as $25,000. Click here to learn how you can earn US Dollars consistently.


Tags: Nigerian Exchange Limited (NGX)
SendShareTweetShare
Previous Post

BUA Foods Records N125bn Net Profit In Q1

Next Post

New Revenue Allocation Formula Long Overdue, RMAFC Tells FG, NASS

Zaka Khaliq

Zaka Khaliq

You May Like

Oyetola
Business

Blue Economy Revenue Rises By 90%, To Surpass NNPC’s Soon – Oyetola

2025/06/26
CIPMN Hails Crackdown On FCDA Official Over Impersonation
Business

Project Delivery: Project Managers Target Year-end Rollout For DUCAP Framework

2025/06/26
Fitch Upgrades Afreximbank To ‘BBB’
Business

Afreximbank Advocates African-centered Financial System To Unlock Trade Potential

2025/06/26
Nigerian Firm Champions Regional Growth, Petrochemical Potential At K 2025
Business

Nigerian Firm Champions Regional Growth, Petrochemical Potential At K 2025

2025/06/26
mtn
Business

MTN Foundation Surpasses N32bn In Social Investments, Commits To National Devt

2025/06/26
Shareholders Laud IMG Over 40kobo Dividend
Business

Industrial Clusters, Customers In Rivers Connect To Natural Gas

2025/06/26
Leadership Conference advertisement

LATEST

KWASU Rolls Out Measures To Curb Robbery In Malete

Blue Economy Revenue Rises By 90%, To Surpass NNPC’s Soon – Oyetola

Project Delivery: Project Managers Target Year-end Rollout For DUCAP Framework

Afreximbank Advocates African-centered Financial System To Unlock Trade Potential

Nigerian Firm Champions Regional Growth, Petrochemical Potential At K 2025

MTN Foundation Surpasses N32bn In Social Investments, Commits To National Devt

Nigeria Tops Africa’s Energy Transition Chart, Rises To 64th Position Globally

Industrial Clusters, Customers In Rivers Connect To Natural Gas

Alaafin To Establish Cultural Centre In Oyo

Shell Celebrates Okunbor’s Deepwater Exploits In Nigeria

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.