The Securities and Exchange Commission (SEC) and the Nigerian Exchange Group Plc (NGX Group) have spearheaded a series of events to promote financial literacy and empower retail investors during the IOSCO World Investor Week 2024.
The climax of the event took place at the Nigeria Exchange Limited building on friday October 11, 2024. This is as part of the global IOSCO World Investor Week, which took place from October 7-13, 2024.
Themed “Technology, Digital Finance, and Sustainable Finance,” the global initiative aimed to raise awareness about investor education and protection.
Addressing participants, Dr. Emomotimi Agama, Director-General of SEC, highlighted the importance of investor protection and regulatory oversight in fostering trust. “Our mission is to safeguard investor interests while promoting informed participation,” he emphasized.
On his part Temi Popoola, GMD/CEO of NGX Group, speaking on behalf of Alhaji Umaru Kwairanga, Group Chairman of NGX Group, stressed the Group’s leadership in using technology to drive sustainable finance and innovation.
While Jude Chiemeka, CEO of NGX Limited, reiterated the importance of investor education, stating, “By equipping individuals with the right tools, we’re building a more secure and resilient investment ecosystem.”
Other notable contributions included remarks from Femi Shobanjo, CEO of NGX RegCo, on the Exchange’s self-regulatory mandate, and Adedayo Hamzat, GMD of Zedcrest Group, who advocated for technology-driven portfolio diversification.
Abimbola Babalola, Head of Trading and Products at NGX, shared insights on leveraging research and technology for smarter investing, while Dabota Ordor, Head of Retail and Digital Services at United Capital Securities, provided strategies for financial planning, budgeting, and risk management to mitigate market risks.
TThe event attracted hundreds of students eager to learn about the fundamentals of investing, setting the stage for a series of impactful engagements aimed at equipping participants with the knowledge necessary to make informed financial decisions.
The week’s events culminated in the symbolic “ NGX Closing Gong Ceremony to emphasize the ongoing efforts to educate and empower retail investors.
Over 200 participants, including representatives from institutions like the Nigerian Higher Education Foundation, the University of Lagos, and GFA Technologies, attended.
L – R shows Chief Executive Officer, Nigerian Exchange Limited (NGX), Jude Chiemeka; Executive Commissioner, Operation, Securities and Exchange Commission (SEC), Bola Ajomale; Director General, SEC, Emomotimi Agama; Director, SEC, Lagos Zonal Office, Hafsat Bukola Rufai; CEO, NGX RegCo, Femi Shobanjo and Director, Office of The DG, Tunde Kamali during the Retail Investors’ Workshop and Closing Gong Ceremony in Commemoration of the IOSCO World Investor Week 2024 at NGX in Lagos.
