Temi I. Popoola

Capital Markets | Leadership | Innovation | Africa’s Growth

Group Managing Director/CEO @ngxgrp

[Temi I. Popoola @TemiPopoola_]

We especially welcome the President's affirmation, in direct response to these priorities, that NNPC Limited will be reformed and listed on our market, a landmark step toward broadening public ownership of national assets.

I also appreciate the engagement and contributions of the Economic Management Team and the Director-General of the @SECNigeria whose participation enriched the discussions.

Our focus now is translating this momentum into deeper capital formation, enterprise growth and broad-based wealth creation for Nigerians.

The work continues.

#TP #capitalmarket

[Temi I. Popoola @TemiPopoola_]

It was an honour to join our Group Chairman, Dr Umaru Kwairanga, and the Board of NGX Group as President Bola Ahmed Tinubu, GCFR, @officialABAT received us at the State House. We thank Mr President for the warmth of the reception and, more importantly, for the reforms that have transformed our capital market.

The numbers I presented tell the story: market capitalisation has grown from under ₦30 trillion in 2023 to ₦160 trillion today, with the All-Share Index rising from 52,000 to 244,000 points. This is renewed investor confidence, measured.

#TP #capitalmarket

[Temi I. Popoola @TemiPopoola_]

Beyond the numbers, we outlined four priorities for converting market performance into national development: the listing of commercially viable government assets, the domestic or dual listing of Nigeria's leading companies, policy clarity on the capital gains tax treatment of listed securities, and greater use of capital market instruments to finance infrastructure.

#TP #capitalmarket

[Bola Ahmed Tinubu @officialABAT]

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Today, I received the Chairman of the Nigerian Exchange Group @ngxgrp, Alhaji (Dr.) Umaru Kwairanga, the Group Managing Director/Chief Executive Officer, Mr. Temi Popoola, and other members of the Board and Management at The Aso Villa.

I commend Alhaji Kwairanga, Mr. Popoola, the Board and Management for their stewardship of an institution that has supported Nigerian enterprise and capital formation for over six decades.

[Nigerian Exchange Group @ngxgrp]

The capital market is central to financing Nigeria's future.

Today, the Board and Management of NGX Group led by our Group Chairman Alhaji Umaru Kwairanga and our GMD/CEO @TemiPopoola_ our met with President Bola Ahmed Tinubu, GCFR, at the Presidential Villa, Abuja, to discuss the strategic role of Nigeria's capital market in driving long-term investment, enterprise growth, infrastructure financing and sustainable economic development.

We appreciate His Excellency, President Bola Ahmed Tinubu, GCFR, @officialABAT for receiving the NGX Group delegation and acknowledge the continued collaboration of the Economic Management Team and other stakeholders in advancing reforms that are strengthening Nigeria's capital market, restoring investor confidence and supporting sustainable economic growth.

The journey towards a deeper, more inclusive and globally competitive capital market continues. NGX Group remains committed to supporting Nigeria's long-term economic transformation through efficient, transparent and innovative capital markets.

#NGXGroup #CapitalMarket #Nigeria #Investment #EconomicGrowth #CapitalFormation #RenewedHope