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NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
The Chartered Institute of Stockbrokers (CIS) and the Association of Securities Dealing Houses of Nigeria (ASHON) have congratulated the Board, Management, and staff of Nigerian Exchange Group Plc and Nigerian Exchange Limited on the historic achievement of the Nigerian capital market crossing the N100 trillion market capitalisation mark.
The commendation was issued via a press statement on Friday, jointly signed by Mr Samuel Sehinde Adenagbe, Chairman, Association of Securities Dealing Houses of Nigeria and Mr Oluropo Dada, the 13th President/Chairman of Council Chartered Institute of Stockbrokers.
They described the NGX’s achievement as a remarkable milestone and a major affirmation of the resilience, depth, and growing sophistication of Nigeria’s capital market, and a clear signal of renewed investor confidence in the Nigerian economy.
“Crossing the N100 trillion threshold is not only a symbolic landmark; it reflects the capacity of Nigeria’s capital market to mobilise long-term funds for infrastructure, enterprise development, and economic transformation.
“It underscores the vital role of the market in financing growth, creating wealth for investors, and supporting national development objectives,” the said.
According to them, the achievement will not have been possible without the visionary leadership and strategic direction of the NGX Board, as well as the professionalism and dedication of its Management and staff, led by versatile stockbrokers: Dr. Umaru Kwairanga; Mr. Temi Popoola; and Mr. Jude Chiemeka and Mr. Femi Sobanjo.
“We also commend the unwavering commitment and versatility of dealing member firms and stockbrokers who continue to serve as the backbone of the market, ensuring liquidity, transparency, and investor protection.
“Their collective efforts have strengthened market integrity, broadened participation, and improved the overall efficiency of the Exchange.”
The CIS and ASHON also commend the Federal Government of Nigeria for providing a supportive macroeconomic and regulatory environment that has encouraged domestic and foreign investment, promoted market reforms, and enhanced the attractiveness of Nigerian assets.
They stated that policy stability, ongoing reforms, and a clear commitment to private sector-led growth have played a crucial role in creating the conditions for this historic market expansion.
They further commended SEC for providing sound regulations and market development.
They stated that the CIS and ASHON would continue to advocate ethical governance in the capital market with all stakeholder playing by the rules of the game.
They further restated their commitment to sustaining the momentum through robust regulation provided by Securities and Exchange Commission, market innovation, and strong investor protection frameworks.
“We look forward to working closely with all stakeholders to further deepen the market, broaden product offerings, and ensure that the Nigerian capital market continues to serve as a strong engine for inclusive and sustainable economic growth.”
NGX’s N100 trillion milestone, proof of growing sophistication of Nigeria’s capital market- Stockbrokers
News
2027: Constituents declare support for Tinubu, Goje’s re-election
2027: Constituents declare support for Tinubu, Goje’s re-election
Yamaltu/Deba constituents have declared support for President Bola Tinubu and Senator Danjuma Goje’s re-election ahead of the 2027 General Elections.
Dr Newton Moses, declared the support in a statement read on behalf of the people of Yamaltu/Deba Local Government Area of Gombe State on Friday in Gombe.
Moses said voting for experienced leaders in 2027 remained key to addressing Nigeria’s challenges and delivering dividends of democracy to Nigerians.
He said the group’s decision to support Tinubu and Goje was guided by patriotism, and a sincere desire to see competent, and result-driven leadership that would benefit their constituents and the country.
He said that Goje’s leadership in the past 16 years at the Senate has benefitted the constituents and given effective representation to the people of Akko and Yamaltu/Deba LGAs that make up the district.
He dismissed allegations that the people of Yamaltu/Deba have been marginalised and were demanding the seat to be zoned to Yamaltu/Deba and not Akko where Goje is from.
He said that the constitution did not impose any zoning limitation or tenure restriction on membership in the National Assembly, hence urged those seeking the seat to test their popularity through election.
“We are not part of that group saying Goje should not return to the senate in 2027; that is not the voice of the grassroots from Yamaltu Deba.
“ Goje has, over the years, built invaluable networks and acquired the experience necessary to effectively advocate for the interests of his constituency and contribute meaningfully to national development.
“ By returning Goje to the Senate, Gombe Central stands to gain even more.
“ His established influence will ensure greater access to federal opportunities, increased developmental projects, and stronger representation in critical national decisions,” he said.
The group further advised President Tinubu to stay away from those working to tarnish the good name of Goje, stating that Goje’s influence in Gombe was important for the success of the All Progressives Congress in 2027.
Moses said at a time when Nigeria is focused on economic recovery, institutional strengthening, and inclusive growth under Tinubu, it was imperative that proven leaders like Goje to continue contributing his expertise toward national progress.
2027: Constituents declare support for Tinubu, Goje’s re-election
News
Hope in the Hard Times: Ashlee Momoh Foundation Spreads Easter Joy to Military Widows
Hope in the Hard Times: Ashlee Momoh Foundation Spreads Easter Joy to Military Widows
By Comrade Philip O. Ikodor
The Ashlee Momoh Foundation (AMF), a non-profit organization dedicated to supporting the families of fallen officers, marked the Easter season with a heartwarming outreach to military widows at different locations in Abuja and Nasarawa state, respectively on April 2nd, 2026. This thoughtful initiative was designed to bring joy, hope, and support to the widows of our fallen Military Officers, who have made immense sacrifices for their country.

“Easter is the season of renewal, hope, and the triumph of light over darkness,” Princess Ashlee said. “It reminds us that even after the longest winter, spring arrives and even after the deepest sorrow, there is the possibility of a new dawn.” The outreach was designed to show support and encouragement to the military widows, and to felicitate with them on the occasion of Easter.

Princess Ashlee Momoh reassured the widows that while their loved ones are no longer physically present, their legacy lives on, and AMF is committed to standing with them, supporting them, and celebrating their strength. “Today, we celebrate you, our heroes’ widows, and the sacrifices you’ve made,” she said.
The event was filled with moments of joy and fulfilment, as beneficiaries received gift items, cash gifts, and scholarship opportunities. The Foundation also announced enlistment for skill acquisition and empowerment programs, aimed at equipping the widows with the tools they need to rebuild their lives.

The outreach was a testament to AMF’s unwavering commitment to supporting the families of fallen officers, and its dedication to making a positive impact in the lives of those who have made immense sacrifices for their country. As one beneficiary put it, “This Easter, we’ve received more than just gifts – we’ve received hope, love, and a sense of belonging.”

The Ashlee Momoh Foundation’s Easter outreach was a powerful reminder that even in the darkest moments, there is always hope, and that together, we can overcome any challenge.
Hope in the Hard Times: Ashlee Momoh Foundation Spreads Easter Joy to Military Widows
News
Six die, 12 injured in Kwara road crash
Six die, 12 injured in Kwara road crash
By: Zagazola Makama
Six persons have been confirmed dead and 12 others injured in a fatal road traffic accident along the Okolowo–Jebba expressway in Kwara State.
Police sources said the accident occurred at about 6:00 a.m. on April 2 near Danjuma Bakery area, involving a Toyota Hummer bus and a stationary truck.
According to the sources, the bus with registration number BTR-161-XA was conveying 18 passengers from Lagos State to Katsina State when it rammed into a parked truck with registration number BUU-495-ZD.
The truck was reportedly driven by Kamarudeen Abdullahi, said to be from Jos North Local Government Area of Plateau State.
The impact of the collision resulted in the death of six passengers on the spot, while 12 others sustained varying degrees of injuries.
The injured victims were rushed to the University of Ilorin Teaching Hospital, Oke-Oyi, for medical attention, while the remains of the deceased were deposited in the hospital morgue for autopsy.
Police said investigation had commenced to determine the circumstances surrounding the crash.
Six die, 12 injured in Kwara road crash
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