The United Kingdom (UK) Government said that it is committed to supporting Nigeria’s capital market development through its Mobilising Institutional Capital Through Listed Product Structures, MOBILIST, programme.
According to a press statement from the NGX, the UK said Nigeria’s capital market has the potential to play a crucial role in achieving the country’s economic objectives, including the transition to clean energy solutions and to meet the Sustainable Development Goals (SDGs).
The Mobilist programme aims to facilitate this by mobilizing institutional capital through innovative listed product structures.
British Deputy High Commissioner, Jonny Baxter, while delivering his remarks at the event, said that the UK government is committed to supporting Nigeria in the continued development of its capital market to help deliver the country’s economic goals, including its ambitions to transition to clean energy solutions.
“A liquid and well-regulated capital market benefits the entire economy by enabling companies to raise capital to fund their expansion, which in turn helps deliver crucial development, job opportunities, and improved incomes.
“MOBILIST’s focus on stimulating the creation of innovative listed products can make a unique and impactful contribution to achieving these objectives,” he said.
