NGX Group CEO says sustainable capital markets built on strong social foundations

Temi Popoola, group managing director and CEO of NGX Group has said that sustainable capital markets are built on strong social foundations, adding that the recovery rates the NGX Group sees with Project BLOOM prove that targeted, collaborative action between the public sector, civil society, and the private sector can deliver tangible impact.

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Nigerian Exchange Group Plc, in partnership with the Lagos State Government and the Health Emergency Initiative (HEI) recently extended Project BLOOM (Bringing Life to Our Overlooked Minors) to Alimosho Local Government Area, continuing efforts to address child malnutrition in underserved communities across Lagos State.

Popoola linked the initiative to broader economic resilience as the third outreach under the initiative, held in Alimosho within Lagos State Health District I, reached over 120 malnourished children, providing nutritional support, medical screening, and caregiver education. This follows earlier interventions in Yaba and Ajegunle, which have collectively supported over 320 children and 300 caregivers, with monitoring data showing that more than 50 percent of beneficiaries in the first two phases entered recovery.

NGX Group staff volunteers worked alongside Lagos State health workers and HEI facilitators during the outreach, assisting with screenings and data recording. Structured follow-up visits are scheduled after four weeks to monitor recovery and provide extended care where necessary.

Achunine Pascal, executive director of HEI said child malnutrition remains a major contributor to under-five mortality in Nigeria, adding that Project BLOOM is designed to go beyond immediate food support through structured follow-up and continued care.

Also speaking, Akinpelu Johnson, chairman of Alimosho Local Government Area said the initiative supports the council’s long-term strategy for improving child nutrition through early detection, prevention, and effective management of malnutrition.

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Representing the Permanent Secretary, Lagos State Health District I, Solomon Adeyanju commended NGX Group for its commitment to child health, describing Project BLOOM as a valuable complement to the state’s primary healthcare efforts.

With additional outreaches planned, the partners reaffirmed their commitment to reducing preventable child mortality while strengthening the social foundations required for sustainable economic growth.