Kayode Tokede
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have hailed the Nigerian capital market’s main milestones in 2026, citing regulatory reforms, worldwide recognition, improved market infrastructure and landmark capital-raising initiatives as proof of rising market energy.
In a joint congratulatory message signed by Dr. Fiona Ahimie, 14th President and Chairman of Council of CIS, and Sehinde Adenagbe, Chairman of ASHON, the 2 skilled our bodies highlighted a number of important achievements through the 12 months.
They stated the developments mirrored the collective dedication, resilience, innovation and strategic management of regulators, market operators, skilled our bodies and different stakeholders working to place Nigeria’s capital marketplace for higher home and worldwide competitiveness.
They counseled the Securities and Exchange Commission (SEC) for its regulatory management and the introduction of initiatives aimed toward mobilising home financial savings, increasing investor participation and advancing the formidable N750 trillion market-capitalisation goal.
They additionally praised the Federal Ministry of Finance for its strategic management and collaboration with the SEC and different stakeholders in growing and launching the National Savings Scheme.
According to the our bodies, the scheme may strengthen monetary inclusion, encourage retail funding and broaden the pool of home capital accessible to finance productive financial actions.
They, nonetheless, pressured that sustained institutional collaboration, efficient implementation and widespread public consciousness could be important to realising its full potential.
Another main achievement highlighted was Nigeria’s adoption of the T+1 settlement cycle on June 1, 2026, which diminished the settlement interval for securities transactions.
The our bodies stated the transition had enhanced settlement effectivity, diminished counterparty publicity,improved capital utilisation and aligned Nigeria’s market infrastructure extra carefully with worldwide finest practices.
They additionally described the continuing preliminary public providing (IPO) of Dangote Petroleum Refinery and Petrochemicals as a defining second for the Nigerian capital market, demonstrating its capability to mobilise substantial funds for main enterprises whereas increasing public participation in wealth creation.
The extension of the provide to October 27, 2026, they famous, offered potential buyers with further time to take part within the landmark transaction.
CIS and ASHON emphasised the crucial function of stockbrokers and digital distribution channels in widening entry to the providing and facilitating retail investor participation.
The two our bodies additional welcomed Nigeria’s return to FTSE Russell Frontier Market standing, noting that enhancements in market accessibility, international alternate liquidity, capital repatriation and regulatory transparency may strengthen the nation’s attraction to worldwide buyers.
They added that banking sector recapitalisation, increasing digital funding platforms,
enhancements in market infrastructure and rising consideration to sustainable finance had bolstered the capital market’s capability to help enterprise improvement, employment era and financial development.
The organisations gave particular recognition to stockbrokers and securities dealing companies for his or her contributions to market improvement by skilled intermediation, investor advisory providers, distribution networks and day by day engagement with buyers.
While CIS underscored the significance {of professional} competence, moral conduct and steady capability improvement, ASHON highlighted the resilience, operational dedication and market-building contributions of securities dealing companies.
The our bodies, nonetheless, cautioned that sustaining the positive aspects would require stronger retail participation,improved investor safety, technological innovation, excessive skilled and moral requirements, and a extra conducive enterprise setting.
They urged continued cooperation amongst regulators, market operators, authorities establishments, issuers and the investing public to consolidate the reforms and translate market development into broader financial prosperity.
They congratulated the whole Nigerian capital market group, expressing optimism that the achievements recorded in 2026 would offer a stronger basis for elevated capital formation, improved investor confidence and a extra affluent economic system.
