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 vital achievements in the course of the 12 months.
They mentioned 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 better home and worldwide competitiveness.
They counseled the Securities and Exchange Commission (SEC) for its regulatory management and the introduction of initiatives geared 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 creating and launching the National Savings Scheme.
According to the our bodies, the scheme might strengthen monetary inclusion, encourage retail funding and broaden the pool of home capital accessible to finance productive financial actions.
They, nonetheless, careworn that sustained institutional collaboration, efficient implementation and widespread public consciousness can 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 decreased the settlement interval for securities transactions.
The our bodies mentioned the transition had enhanced settlement effectivity, decreased counterparty publicity,improved capital utilisation and aligned Nigeria’s market infrastructure extra intently with worldwide greatest 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 supply to October 27, 2026, they famous, offered potential buyers with further time to take part within the landmark transaction.
CIS and ASHON emphasised the important position 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 might 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 growth, employment era and financial progress.
The organisations gave particular recognition to stockbrokers and securities dealing companies for his or her contributions to market growth by way of skilled intermediation, investor advisory companies, distribution networks and each day engagement with buyers.
While CIS underscored the significance {of professional} competence, moral conduct and steady capability growth, ASHON highlighted the resilience, operational dedication and market-building contributions of securities dealing companies.
The our bodies, nonetheless, cautioned that sustaining the good points would require stronger retail participation,improved investor safety, technological innovation, excessive skilled and moral requirements, and a extra conducive enterprise atmosphere.
They urged continued cooperation amongst regulators, market operators, authorities establishments, issuers and the investing public to consolidate the reforms and translate market progress into broader financial prosperity.
They congratulated the complete 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 financial system.
