NGX targets Gen Zs, millennials to deepen capital market

The Nigerian Exchange Limited has set a target to pull in younger investors into the capital market with products and new initiatives.

This was noted as the exchange took its financial literacy campaign to the members of the 2023 Batch C, Stream II of the National Youth Service Corp in Lagos State.

Speaking at the event, Irene Robinson-Ayanwale, Divisional Head, Business Support Services and General Counsel, NGX said, “The Gen Zs and the millennials always like their financial independence and they want to be able to make decisions on their own. Stay tuned because we are going to be rolling out a lot of products and initiatives around the Gen Zs and the millennials.”

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Abimbola Babalola, Head, Market Surveillance and Investigations at NGX Regulations Limited stated, “If we educate them at this point in their lives that they are coming in contact with money, and they are able to define and know their priorities, that will help them in creating wealth and achieve their financial objectives.”

Chinonso Ume of the Retail Banking Unit of Zenith Bank Plc, who also spoke at the program said, “This is a veritable opportunity to teach these young ones, empower them in all things financial literacy, combined with a little bit of entrepreneurship skills.”

Another facilitator, Angel Gift said, “Today, we have been able to speak with about 5,000 corpers and most of them are ready to invest in the capital market.”