The Securities and Exchange Commission has approved the Nigerian Exchange Group’s Invest, a digital platform designed to streamline public offerings and rights issues in the capital market and facilitate Nigeria's $1 trillion economy drive. NGX disclosed this in a recent statement, noting that the platform would provide an efficient, convenient, and seamless experience for managing primary market transactions.
'By digitizing and automating financial intermediation processes, we are fostering a more efficient, transparent, and inclusive capital market'. The Group Chairman of NGX Group, Umaru Kwairanga, on his part, lauded the regulator, noting that, “The supportive regulatory environment has provided a solid foundation that enabled the swift delivery of the platform.