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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
Gov. Uba Sani visits scene of Kurmin Wali attack,vows to free captives
Gov. Uba Sani visits scene of Kurmin Wali attack,vows to free captives
By: Zagazola Makama
Gov. Uba Sani of Kaduna State on Wednesday visited Kurmin Wali village in Kajuru Local Government Area, scene of a recent bandit attack, where he admitted the incident and pledged decisive action to secure the release of those abducted.
The governor, who commiserated with the victims and their families, described the Jan. 18 attack on three churches in the community as painful and unacceptable, assuring residents that his administration would intensify efforts to restore lasting peace in the area.

Sani said the state government would work closely with the military and other security stakeholders to ensure the safe return of all captives and prevent a recurrence of such attacks.
He appealed to the Minister of Defence, Gen. Christopher Musa (rtd), a native of Kaduna State, to support the establishment of a military base in the area to enhance security and deter criminal elements.
The governor also announced plans to construct an access road to Kurmin Wali, establish a Primary Health Care centre, and provide other social amenities to improve living conditions and strengthen government presence in the community.

Addressing international and local journalists who accompanied him to the village, Sani said his administration remained committed to protecting lives and property across Kaduna State.

Residents of Kurmin Wali thanked the governor for the visit and pledged their cooperation with the government to help secure the release of the abducted persons and sustain peace in the area.
Gov. Uba Sani visits scene of Kurmin Wali attack,vows to free captives
News
The Emir of Tikau urges the new Emir of Gamawa to carry his people along for the development of the emirate
The Emir of Tikau urges the new Emir of Gamawa to carry his people along for the development of the emirate
By: Yahaya Wakili
His Royal Highness the Emir of Tikau in Yobe State, Alhaji Abubakar Muhammadu Ibn Grema II, has called on the new emir of Gamawa in Bauchi State, Alhaji Adamu Abdulkadir Adamu, to carry everybody along in the emirate for the development of the nation.
The royal father made the appeal today at his place in Sabon Garin Nangere while receiving the new emir of Gamawa in Bauchi state, His Royal Highness, Alhaji Adamu Abdulkadir Adamu. He said the creation of emirates is a great development for the nation.
“As we know, there was a very strong relationship between the Gamawa and Tikau emirates, and these will continue existing, and we share a boundary with them, and there was something that was raised between us and them, and anything that affected them affected us directly.” The Royal Father said.
According to Mai Tikau, the most cases we have are the conflicts between the farmers and the herders from time to time. Sometimes they will enter our territory, and sometimes we will enter their own, adding that, for the issue of the border, we hope with your coming as the new emir of Gamawa, this problem will be solved.
Speaking earlier, the emir of Gamawa, Alhaji Adamu Abdulkadir Adamu, said they were at Tikau Place to express their appreciation to the royal father, the emir of Tikau, for his support given to us since we emerged as the new emir of Gamawa.
He said, “Immediately His Excellency, the Executive Governor of Bauchi State, Hon. Bala Abdulkadir Muhammad Kaura, created this emirate. Mai Tikau is the first person who sent a delegation to Gamawa to congratulate us.”
The Emir of Tikau urges the new Emir of Gamawa to carry his people along for the development of the emirate
News
Former Minister visits Gimba Memorial School in Potiskum
Former Minister visits Gimba Memorial School in Potiskum
By: Yahaya Wakili
The former Minister of Police Affairs and Leader of the African Democratic Congress (ADC) in Yobe State, Alhaji Adamu Maina Waziri, has paid a surprise visit to Hafsatu Gimba Ahmed Memorial School in Potiskum, where he was warmly received by the students and the school management.
During the visit, the former minister distributed educational materials and foodstuff to the pupils and commended the school’s leadership for its commitment to quality education.

Adamu Waziri moved from classroom to classroom, where he engaged directly with students in a cheerful and fatherly manner and charged them to take their studies seriously, noting the importance of reading as a key to personal and national development.
He commended the proprietor of the school, Dr. Hassan Gimba Ahmed, the publisher/editor-in-chief of NEPTUNE PRIME, for his dedication to education and community service as a whole, adding that what Dr. Hassan Gimba has done here is not just building a school but building a legacy.
Earlier, the proprietor of the school, Dr. Hassan Gimba Ahmed, ably represented by the school’s management, thanked Alhaji Adamu Maina Waziri for his generosity and continued interest in youth development and described the visit as a major encouragement to the school and the community hosting it.
“This gesture underscores Adamu Maina Waziri’s ongoing commitment to supporting education and nurturing the next generation of Nigerian leaders even beyond his years of public service.
The highlight of the visit concluded with a group photograph and heartfelt appreciation from students, many of whom said they were inspired by the former minister’s humility and kindness.
The former minister of police affairs was accompanied by Dr. Zainab Boni Haruna, Engr. Abubakar Adamu Waziri (alias Cargo), Hon. Umar Khali, ADC state party chairman, Hon. Lawan Mammadu Kori, and Dr. Mamu Muhammad, among others.
Former Minister visits Gimba Memorial School in Potiskum.
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