NGX collaborates with 2 firms on retail investor workshop

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Uba Group

With a view to encouraging small investors and teaching them ways of maximising returns on their investments, the Nigerian Exchange Limited held another investor workshop, via webinar, on Wednesday.

The workshop, themed, ‘Realizing Income from Your Investments, Dividends to Coupons and Everything In-Between,’ was held in collaboration with two firms, Greenwich Securities Limited and Africa Prudential Plc.

In his opening remarks, the Divisional Head, Trading Business, NGX, Jude Chiemeka said, “NGX is hosting this event in continuation of our commitment to providing relevant and strategic information targeted at equipping investors with the knowledge and skills necessary to effectively leverage the investment opportunities in the Capital Market.

“It is important that investors understand capital market investments and investment mechanisms, as only then will they be empowered to make sound investment decisions.

“We are, therefore, pleased to collaborate with two institutions that represent important stakeholders in the Nigerian capital market ecosystem – Greenwich Securities Limited and Africa Prudential Plc – representing the brokers and registrar businesses respectively.”

He assured that the NGX through its Retail Investor Coverage Department would continue to roll out initiatives designed to encourage retail investor involvement in the capital market.

The Acting Managing Director, Greenwich Securities Limited, Eniola Osula, spoke on the topic, ‘Realising Income from Investment’.

She took participants through the various investment instruments available to retail investors on the NGX platform.

On her part, the Deputy Registrar/Chief Operating Officer, Africa Prudential Plc, Catherine Nwosu, shed light on the topic, ‘Investment: Innovations in the Registrar Space’.

In the paper, she highlighted the efforts of Registrars to ease the investment process, end-to-end.

The event culminated in a presentation from the Head, X-Academy, NGX, Ugochi Obi, on the learning opportunities the NGX provided to deepen knowledge about the capital market.

“The NGX continues to respond to the growing need for increased retail participation in the market through its products and services, advanced strides in the use of technology and more frequent engagements across touchpoints,” she said.

Some participants, while appreciating the efforts of the NGX said, “The market continues to look forward to initiatives such as this that will ultimately deepen the capital market and improve liquidity.”