Capital Market Vital for Lagos’ Economic Advancement – Sanwo-Olu

Lagos State Governor, Babajide Sanwo-Olu, emphasized the crucial role that the capital market plays in driving the economic progress and development initiatives within the state. He also highlighted the inherent relationship between Lagos State and the capital market during the 3rd biennial West Africa Capital Markets Conference (WACMaC). The conference gathered market operators in Lagos to address the region’s infrastructure deficit and explore solutions.

Sponsored by Coronation Group, the event served as a significant platform for capital market experts to discuss infrastructure financing in the region. Themed ‘Infrastructural deficit and sustainable financing in an integrated West Africa Capital Market,’ WACMaC 2023 aimed to tackle financing gaps and establish effective mechanisms for sustainable infrastructure development and economic growth across the continent. The conference was organized by the Securities and Exchange Commission (SEC) Nigeria, Securities and Exchange Commission Ghana, and the Association of the Management of Financial Institutions in Africa, in collaboration with other securities regulators’ associations.

Wole Onasanya, CEO of Coronation Group, expressed their commitment to the region’s economic growth through innovative financial solutions and collaboration with industry stakeholders. He highlighted the importance of these discussions in shaping policies and initiatives for progress in Africa. The conference was a platform for refining ideas, fostering partnerships, and creating a transformative roadmap for the region’s financial future.

Aigboje Aig-Imoukhuede also emphasized the role of a vibrant capital market in driving sustainable growth and expressed pride in contributing to this transformative conversation.