NGX, SEC Push for Cross-Border Market Partnerships

The Nigerian Exchange Group (NGX Group) and the Securities and Exchange Commission (SEC) are strengthening financial diplomacy in a bid to foster greater cross-border investment and collaboration between Nigeria and China.

This strategic push was highlighted at the China-Africa CEO Dialogue in Changsha, alongside the 4th China-Africa Economic and Trade Expo. At the event, NGX Group, SEC, and other financial stakeholders engaged Chinese regulators, corporations, and investors in high-profile conversations aimed at unlocking new funding opportunities.

Temi Popoola, Group Managing Director and Chief Executive Officer of NGX Group, stressed the role of deepening financial partnerships in unlocking investment flows and strengthening the link between both markets. According to him, NGX is currently exploring mechanisms to enable Chinese companies to raise capital directly within Nigeria — whether through bonds, commercial paper, or equity — thereby reducing financial and operational risks while strengthening sectors ranging from manufacturing to information and communications technology (ICT) and the automotive industry.

“Financial flows are often the missing link in many China-Africa engagements,” Popoola said. “By opening these channels, we’re strengthening Nigeria’s position as a hub for cross-border investment and advancing the country’s ongoing economic diversification.”

Dr. Emomotimi Agama, Director-General of SEC, reiterated the commission’s role in delivering a safe, credible, and welcoming investment climate for both local and international stakeholders. “Our responsibility is not just to provide the framework but to assure investors that when they come to Nigeria, justice, fairness, and stability will be there to protect their holdings. While there’s inherent risk in all financial activity, we aim to manage that risk and create a level playing field for everyone involved.”

Alhaji (Dr) Umaru Kwairanga, Group Chairman of NGX Group, described these diplomatic initiatives as a reflection of NGX’s growing role as Africa’s financial gateway. “At NGX Group, we believe that the capital market is pivotal to unlocking Africa’s potential. Our engagement in China signals our intent to connect Africa with key financial centers and foster long-term prosperity for all stakeholders.”

This dialogue underscores the growing significance of financial markets in strengthening trade, technology transfer, and industrial transformation between China and Nigeria. Both NGX Group and SEC say they remain firmly committed to employing financial diplomacy as a tool for sustainable economic growth.

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