Stockbrokers in Nigeria are warming up to prepare a roadmap on how the federal government can leverage the capital market to put Nigeria’s dwindling economy on sound footing.
The brokers, who are doing this in pursuit of their roles as agents of wealth creation, will converge on November 5, for the 2020 annual general conference under the aegis of Chartered Institute of Stockbrokers (CIS).
The conference has as its theme: “Navigating through the storms-re-energizing the economy through the capital market.”
Coming at a period when the Nigeria’s vice-president, Professor Yemi Osinbajo, has said that government is seeking alternative avenues for money, the conference will attract indigenous and foreign finance and investment experts, top level government functionaries, capital market regulators, investors and other members of the capital market ecosystem.
Commenting, the President of CIS, Olatunde Amolegbe, said: “The significance of this year’s theme, is better appreciated against the backdrop of the current situation whereby the federal government is in dire need of fund to finance the economy.
The key messages to the government and companies in Nigeria are that of hope and renewal by taking advantage of opportunities to source long term fund through the capital market.