Speaking at the 2024 Investor Summit & Awards Dinner, NGX CEO Jude Chiemeka emphasized the need for innovation to meet the preferences of Gen Zs and Millennials, who seek opportunities beyond traditional assets, hence, the Nigerian Exchange Limited (NGX) plans to attract younger investors by tokenizing Nigerian assets, offering higher returns, and introducing blockchain-like solutions.
He noted expanding retail trading activity, with $7 million in daily transactions, and detailed strategies to improve liquidity, including market-making, securities lending, and derivatives trading.
With the All-Share Index (ASI) rising to 34.38% year-to-date, signaling resilience and investor confidence, the NGX aims to modernize Nigeria’s market and align with global standards, making investing faster, easier, and more appealing to younger generations.
Emerging Africa Group, the event organizer, focuses on sustainable investment and economic growth in Africa using initiatives, such as the Investor Summit & Awards Dinner, to promote collaboration and explore investment opportunities in Africa.
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