By Aduragbemi Omiyale
An advisory panel aimed to provide a forum for the stock exchange to interact with the capital market community and the fintech ecosystem to enhance and increase the bourse’s digital product offerings has been created by the Nigerian Exchange (NGX) Limited.
Recall that the Securities and Exchange Commission (SEC) approved the Rules for Listing on the NGX Technology Board in December 2022.
The creation of the committee is part of a continuous process to further scale the capacities of NGX in the technology ecosystem.
On the panel are Tope Kola-Oyeneyin (McKinsey); Iyin Aboyeji (Future Africa); Kola Aina (Ventures Platform); Idris Saliu (Ceviant); Fope Adelowo (Helios Group); Richmond Bassey (Bamboo); Tayo Oviosu (Paga); Wale Ayeni (International Finance Corporation); Ahmad Zuaiter (Jadara Capital Partners LLC) and Adedeji Olowe (LendsQr).
This team of experts will provide insight into product innovation and proposing ways to increase technology listings on NGX and also recommend ways to boost data and digital market liquidity.
In addition, the advisory team will provide thought leadership by developing whitepapers, creating frameworks and making recommendations.
According to the NGX, the panel was formed as it advances on its digital transformation agenda.
“Technology and innovation are the driving forces of progress, and at NGX, we are committed to leveraging both to transform the exchange into a leading force of product development in the capital market,” the Chief Digital Officer of the NGX, Mr Olufemi Oyenuga, said.
“With the establishment of the committee, we are poised to explore new frontiers, pool groundbreaking ideas and strategies, unlock exciting opportunities for the future addressing creativity, innovation and sustainability,” he added.
NGX, as the sustainable exchange championing Africa’s development, recognises the potential of diverse viewpoints and aims to leverage the extensive networks of experts across the budding technology ecosystem and the capital market in designing breakthrough frameworks to position itself for global competitiveness.
