Stockbrokers task market operators on job creation
AI Executive Briefing
Gemini Flash AI~45s readThe Chartered Institute of Stockbrokers (CIS) has challenged market operators to pivot toward financing productive investments that generate jobs and economic growth. The call was made during the 30th Annual Conference, which also saw the induction of 509 new associates and the launch of a N5bn endowment fund.
Context & Background
- ✦The Nigerian capital market is currently navigating reforms like the Investments and Securities Act 2025 and settlement cycle transitions (T+3 to T+1) to improve efficiency.
- ✦Despite significant capital raising, the market faces challenges such as high concentration, where the top 10 listed companies account for 72% of market value, and a $2.3tn infrastructure deficit.
Key Figures & Named Entities
•Dr. Fiona Ahimie, CIS President, emphasized that market success must be measured by tangible economic outcomes like employment and industrial growth.•Bolaji Balogun, CEO of Chapel Hill Denham, noted that market capitalisation currently represents about 37% of Nigeria's GDP.
Outlook & Next Steps
Market operators are expected to focus on diversifying investment instruments—such as green bonds, Sukuk, and infrastructure funds—and integrating the capital market into government privatisation and concession programmes.
Key Takeaways
AI Summary- The Chartered Institute of Stockbrokers (CIS) is shifting its focus from mere capital mobilisation to financing productive investments that drive job creation and economic prosperity.
- Market leaders identified structural challenges, including market concentration and limited channels for funds to reach SMEs, as key barriers to leveraging the capital market for infrastructure development.
- The CIS launched a N5bn endowment fund to bolster research, professional education, and human capital development within the Nigerian capital market.
Key Facts:30th Annual Conference: The Chartered Institute of Stockbrokers held its 30th Annual Conference in Lagos.N6.49tn: The capital market raised a total of N6.49tn in 2025.N200bn: Lagos State has raised over N200bn through the capital market to finance infrastructure.
Editorial Excerpt
The Chartered Institute of Stockbrokers has challenged Nigeria’s capital market operators to move beyond capital mobilisation to creating jobs and prosperi
Frequently Asked Questions About This Story
What is the primary goal of the newly launched N5bn CIS Endowment Fund?
The fund is designed to support capital market research, scholarships, the establishment of a professorial chair, academic excellence, and professional capacity development.
Why does the Manufacturers Association of Nigeria argue that capital availability is not the only issue?
The Association argues that the challenge is structural, specifically citing the limited channels through which available funds reach productive enterprises and SMEs.
