The positioning and transformation of Nigeria’s bond market into a vibrant investment window requires the collaboration of all stakeholders.
The Chief Executive Officer, Stanbic IBTC Stockbrokers Ltd, Oladele Sotubo, made this statement at a workshop organized by Stanbic IBTC Stockbrokers Limited, in collaboration with the Nigerian Stock Exchange.
Speaking on strategies for harnessing the huge benefits from retail bonds, Sotubo.
Reiterated the organization’s commitment to facilitating stability and growth of the Nigerian capital market, via confidence-building initiatives and leveraging investment opportunities in the market.
“A major objective in organizing this workshopis to enlighten investors and stakeholderson the the workings of the bond market and the numerous benefits in investing in retail bonds in particular. We believe the forum will help in boosting retail investors’ participation in both the primary and secondary markets, and ultimately, help to deepen Nigeria’s bond market,” he said.
According to him, as part of the Standard Bank Group, Africa’s biggest banking conglomerate with a focus on emerging markets, the focus of the workshop is such that they will provide useful insight on how to diversify investment portfolios into different asset classes.
Sotubo said as Nigeria’s largest stockbroking firm in both volume and value of total transactions, and stockbroker to the Federal Government, Stanbic IBTC Stockbrokers Ltd will continuously put in the public domain initiatives and strategies that could help all stakeholders, especially investors, to be better informed about developments in the capital market, which will help them in making the right decisions.
The head of product management, NSE, Dipo Omotoso, who represented the Chief Executive Officer of the Exchange, highlighted some of the measures that have been taken to strengthen the capital market, which includes its derivatives. He described the investment opportunities in the capital market and Nigeria’s economy as huge, and urged investors to become more active in the retail bonds segment.
