Stock Exchange Chief Urges Focused Economic Policy Reforms

By Efe Onodjae

Dr. Umaru Kwairanga, chairman of the Nigerian Exchange Group (NGX), urged more comprehensive policy reforms, stronger institutions, and better corporate governance to boost Nigeria’s long‑term economic competitiveness.

At the 2026 PEARL Awards Corporate Summit in Lagos, Kwairanga emphasized that Nigeria’s economic transformation hinges on the quality of its policy framework, institutional resilience, and the capacity of businesses to adapt to swift global shifts.

He highlighted that the summit’s theme, “Policy Reforms and Corporate Competitiveness: Navigating Towards a Sustainable Edge,” was especially pertinent given changing global capital flows, technological disruption, and rising competition.

He added that the capital market continues to be central to Nigeria’s development by mobilising investment, supporting business growth, and facilitating wealth creation.

Kwairanga stated that NGX is dedicated to creating a market ecosystem that supports companies at all stages of growth through better access to capital, higher disclosure standards, and stronger investor‑protection frameworks.

He added that recent market developments highlight