NGX is committed to transforming financial services through technology

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NOTGeorgian Exchange (NGX) is committed to transforming the financial services space through technology with a focus on the Nigerian capital market which can boost the advancement of the Nigerian economy.

The Bourse declared this during its inaugural TechNovation conference which was held virtually on the theme: “Technology, platforms and markets”.

Speaking at the conference, NGX CEO Mr. Temi Popoola said, “The conference is particularly important to us at NGX as we have entered an era that signals a new horizon of opportunity. NGX is a technological powerhouse that harnesses smart business models to provide vertical platforms for capital formation, investment, capacity building, market development and a plethora of other services within the market ecosystem. capital. We are committed to developing innovative solutions that not only boost internal efficiency in the Stock Exchange, but that support the broader efforts of various stakeholders to ensure a complete digitalization of the Nigerian capital markets. We extend the skills of our platform in line with our strategic aspirations while leveraging best-in-class digital innovation to deliver value to our stakeholders and markets. “

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In giving his goodwill message to TechNovation, the Managing Director of the Securities and Exchange Commission (SEC), Mr. Lamido Yuguda said: “I would like to start by congratulating Mr. Temi Popola, CEO of NGX and his team for organizing and organized the event. like this one that shows our resilience as a people and our ability to meet challenges. The theme of today’s conference, Technology, Platforms and Markets indeed captures the vibe in today’s world and the inevitable coming together of the three segments given the COVID-19 pandemic that is affecting us. has all forced us to expand our possibilities and adopt new ways of carrying out our functions. These recent changes certainly represent a challenge and a huge opportunity for both financial sector regulators and mainstream financial service providers like NGX. So it’s important that we have conversations like this to make sure we strike the right balance between innovation, integrity and investor protection, without whom there will be no markets ”.

In his opening remarks, Flutterwave Co-Founder and CEO Olugbenga Agboola said: “Today we are in the information age where technology outstrips any business models and infrastructure we can think of. This of course has facilitated the growth that we see across the landscape on different terrains. One of the main drivers of the proliferation of technology solutions in Nigeria has been mobile penetration and we expect continued growth in this regard. In a context of evolving solutions, African startups have raised more than $ 1 billion in funding, which is unprecedented for tech companies. “


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