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NGX Partners with Katsina State to Boost Capital Market Growth

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NGX Partners with Katsina State to Boost Capital Market Growth

The Nigerian Exchange Group (NGX) has partnered with the Katsina State Government to enhance capital market growth and economic development. 

The partnership  which focuses on leveraging capital market instruments, such as Sukuk bonds and green bonds, to finance infrastructure, industrialization, and job creation was sealed during Governor Dikko Radda’s visit to the Exchange house in Lagos.

NGX Group Chairman, Umaru Kwairanga, praised Katsina’s progressive economic strategies, especially the Katsina State Development Plan. He explained the importance of capital markets in achieving sustainable growth.

Governor Radda announced his commitment to utilizing the capital market to attract investments. He said the state will focus on funding key projects that will drive economic transformation.

NGX Managing Director, Temi Popoola, assured him of  the Exchange’s dedication to revolutionizing Nigeria’s capital market through innovation. He stated the need for partnerships with subnational governments.

NGX CEO, Jude Chiemeka, assured Katsina state government of their continued support for Katsina and oyheru states seeking structured financial solutions.

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Sebiotimo Abdullateef is a campus journalist, health journalist, fact-checker, writer, volunteer and Nursing Sciences student at Usmanu Danfodiyo University, Sokoto. He was a nominee for the award of the NACJ-UDUS 'Rookie of the year' in the recently concluded NACJ-UDUS awards. At the moment, he writes for Asiwaju Media, Gamji Press UDUS and Ripples Nigeria. He hopes to continue hoening his writing and journalism skills with any journalism opportunity that comes his way.

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