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Home Capital Market

SEC, NSE, FMDQ, Stakeholders to proffer solutions on Bridging Nigeria’s Infrastructure Gap

Business 360 by Business 360
December 2, 2019
in Capital Market
0
SEC, NSE, FMDQ, Stakeholders to proffer solutions on Bridging Nigeria’s Infrastructure Gap

In an effort to proffer ways on how government can tap into the nation’s capital market with a view to tackling infrastructure challenges in the country, investment experts, capital market regulators, operators and other stakeholders will gather December 7 at the Dover Hotel, Ikeja, for the 2019 Annual Conference of the Capital Market Correspondents Association of Nigeria (CAMCAN) tagged: Bridging Nigeria’s Infrastructure Gap: The Capital Market Option.

Acting Director-General of the Securities and Exchange Commission (SEC), Ms Mary Uduk, will be at the event as special guest of honour, while the Chief Executive Officer, the Nigerian Stock Exchange (NSE), Oscar Onyema, Managing Director/Chief Executive Officer, FMDQ Securities Exchange Plc,Bola Onadele, will be guests of honour.

The event features a panel of specialists from regulatory organizations, securities exchanges led by guest speaker Oluseun Olatidoye, Head, Debt Capital Markets for FBNQuest Merchant Bank Limited one of the leading merchant banks in Nigeria.

Olatidoye who has managed a multi-award winning team that has led the execution of several mandates for sovereign, sub national and corporate issuers valued in excess of five billion dollars.

Organizers of the conference led by CAMCAM vice chairman Friday Ekeoba and secretary Kayode Ogunwale describe the event as one which will see experts examine how infrastructure challenges in the economy can be solved by government through the market at relatively cheaper costs.

This they noted explaining that although the Nigerian equities market has witnessed a bearish trend in recent times, the country’s huge infrastructural deficit in power, housing, roads, healthcare, port services among others are still better addressed via capital market, emphasizing that with government economic reforms running at full throttle, prospects are high for the sustained development of the Nigerian debt market as a viable tool for financing Nigeria’s infrastructure.

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