The chairman of NGX, Dr. Umaru Kwarairanga, speaking recently in New York, USA, during an investment forum, organised by the Nigeria Consulate, urged foreign investors of different shades to consider seriously coming to Nigeria to invest.
Kwarairanga, in his address at the Nigeria Investment Forum, 2026, in New York recently, with the Theme: ” Connecting Capital to Opportunities, investing in Africa’s next frontiers”, pointed out that Nigeria’s problem is no longer attracting foreign capital, but creating the right atmosphere that would enable investors to invest without any hitches in any sector of the country’s economy. He went further to emphasize that such investments should support production, and be able to generate sustainable returns on investment.
The NGX Group chairman, commended, the Consulate General of Nigeria in New York for organising the forum that brought relevant stakeholders under one roof to discuss such an important topic. Describing it as a platform for connecting international investors with investment opportunities in Nigeria in particular and Africa in general.
The chairman reiterated the current unification of the forex market, removal of fuel subsidy, ongoing tax and fiscal reforms in Nigeria as steps in the right direction.
He equally emphasized that, with market recapitalisation of ₦85 trillion, the market has been properly positioned to accept big investments.
The chairman said that NGX of recent has recorded new listings, and increased foreign portfolio inflows. He also said that NGX “All Share Index”, remains the best performing in Africa.
The chairman noted that beyond Oil and Gas business, opportunities abound in other sectors like: Information Technology, Agriculture, Creative Economy, Blue Economy, and massive provision of infrastructures in housing, roads and bridges construction. The chairman emphasized that for all the highlighted opportunities to happen, the following three things must happen first.
*Deepening of capital markets.
*Democratisation of access through technology.
*Guarantee of transparency and good governance culture.
The chairman also informed his audience that NGX Group, in conjunction with, Securities and Exchange Commission, plans to introduce very soon new products like REITs, Carbon Credits and SME boards into the market.
He concluded by inviting institutional investors, fund managers, development finance institutions, and Nigerians in diaspora to come to Nigeria to invest as reforms already under taken in market have started yielding positive results.
