Nigeria courts China with bold capital market diplomacy, aiming to unlock billions in investment and redefine Africa’s economic future.
In a bid to position Nigeria as Africa’s top investment hub, the Nigerian Exchange Group Plc (NGX Group) and the Securities and Exchange Commission (SEC) have reaffirmed their commitment to cross-border capital market partnerships—starting with China.
At the recent China-Africa CEO Dialogue during the 4th China–Africa Economic and Trade Expo in Changsha, NGX Group and SEC engaged Chinese corporates and regulators to boost collaboration and financial inflows.
Temi Popoola, CEO of NGX Group, emphasized partnerships with exchanges like Shanghai and Hong Kong to enable Chinese firms raise capital in Nigeria, reducing currency risks while supporting key sectors like manufacturing and ICT.
“Financial flows are the missing link in China-Africa ties,” said Popoola. “We’re opening new corridors for mutual growth.”
SEC Director-General, Dr. Emomotimi Agama, assured Nigeria remains committed to investor protection, transparency, and fair regulation. “We provide not just a framework but justice and confidence,” he stated.
NGX Group Chairman, Alhaji (Dr.) Umaru Kwairanga, hailed the initiative as a bold step in connecting Nigeria’s capital market to global opportunities.
The event reaffirmed capital markets as vital tools for trade, technology transfer, and long-term economic development between China and Nigeria.
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