The Chairman of the Nigerian Exchange Group (NGX), Alhaji (Dr.) Umaru Kwairanga, has emphasized the pivotal role of media professionals in shaping public understanding of Nigeria’s evolving regulatory landscape, particularly as the Investment and Securities Act (ISA) 2025 ushers in a modernized era for the country’s capital market. He made this remark at the 2025 workshop of the Capital Market Correspondents Association of Nigeria (CAMCAN), held in Lagos.
Delivering his keynote address, Kwairanga described this year’s workshop theme, “Regulatory Reforms: ISA 2025 and Nigeria’s Investment Climate,” as both timely and transformative. According to him, the recently signed ISA 2025 marks a bold step in strengthening market governance, improving investor protection mechanisms, and enhancing the attractiveness of Nigeria as a competitive investment destination.
“These reforms are not merely regulatory updates; they are foundational shifts designed to modernize our capital market architecture, attract deeper capital flows, and reposition Nigeria globally,” he said.
Kwairanga noted that the capital market is entering a crucial restructuring period that demands transparency, innovation, and strengthened collaboration among stakeholders. He highlighted that NGX has been relentless in supporting the implementation of ISA 2025 through improved disclosure frameworks, enhanced market access, and technology-driven innovations.
A major part of this commitment, he said, is the Exchange’s digital investment gateway — NGX Invest, a platform built to democratize investor participation in public offers and rights issues.
“NGX Invest has empowered millions of Nigerians to subscribe to capital-raising exercises directly from their devices,” he noted.
“Its deployment has improved transparency, regulatory compliance, and operational efficiency across the primary market in alignment with the aspirations of ISA 2025.”
Kwairanga stressed that while regulators and operators are working to strengthen the market, success cannot be achieved without the active involvement of credible media practitioners. He described capital market correspondents as “the bridge between policy direction and investor perception,” especially at a time when misinformation spreads faster than verified facts.
“Your work ensures that reforms are understood, market developments are properly interpreted, and public trust is sustained. As the market evolves, your professionalism, accuracy, and integrity will remain indispensable.” he told journalists.
He encouraged participants to approach discussions on the ISA 2025 reforms with openness and foresight, noting that the capital market’s long-term growth relies on collaboration among regulators, operators, investors, and the media. Kwairanga also commended CAMCAN for its consistent role in promoting market literacy and fostering meaningful dialogue between the capital market and the public.
Concluding his address, he expressed optimism that insights gained from the workshop would further strengthen Nigeria’s capital market framework and support sustainable economic expansion.
