NGX Establishes Advisory Board For Digital Technology Products

The Nigerian Exchange Ltd. (NGX) has established the NGX Digital and Technology Products Advisory Panel (The Panel) as part of efforts to further its digital transformation agenda.

In a statement released by Clifford Akpolo, The Exchange made this remark.

In Lagos on Tuesday, the NGX head of marketing and corporate communications.

In order to improve and expand NGX's digital product offerings, the panel would reportedly give a venue for the Exchange to communicate with the capital market community and the fintech ecosystem.

“Responsibilities of the panel include but are not limited to providing insight into product innovation and proposing ways to increase technology listings on NGX.

“It also involves recommending ways to boost data and digital market liquidity; providing thought leadership by developing whitepapers, creating frameworks and making recommendations; and a host of advisory matters like market trends, risks and sentiments,” said the statement.

According to Dr Olufemi Oyenuga, the Chief Digital Officer of NGX, technology and innovation are the factors behind success, and the Exchange is devoted to utilising them.

Both will turn the Exchange into a driving force for new product creation in the capital market, said Oyenuga.

He said, “With the establishment of the committee, we are poised to explore new frontiers, pool groundbreaking ideas and strategies, unlock exciting opportunities for the future addressing creativity, innovation and sustainability.”

Dr Olufemi Oyenuga, the Chief Digital Officer of NGX stated that technology and innovation are the factors behind success, and the Exchange is devoted to utilising them.

Both will turn the Exchange into a driving force for new product creation in the capital market, said Oyenuga.