By Taiye Olayemi
The Chairman of NGX Group, Dr Umaru Kwairanga, has commended the Federal Government for appointing seasoned members of the Chartered Institute of Stockbrokers (CIS) into critical economic positions to help steer Nigeria’s economic reforms.
Kwairanga gave the commendation at the 2025 National Workshop of the Chartered Institute of Stockbrokers held at the Presidential Villa State House Conference Hall, in Abuja.
He described the appointment of professionals such as Mr Wale Edun, Mr Olayemi Cardoso and Alhaji Shamsudeen Ogunjimi as a clear demonstration of the government’s confidence in the expertise and integrity of the Institute’s members.
According to him, the contributions of these appointees, alongside the bold economic vision of President Bola Ahmed Tinubu have been instrumental in stabilising the economy and restoring investor confidence.
“The remarkable turnaround we are seeing today is the result of President Tinubu’s foresight and courage, supported by a team of trusted professionals who are products of this Institute.
“We are proud that our members are part of the driving force behind the nation’s economic recovery,” he said.
Kwairanga noted that the workshop, with the theme ‘Capital Formation in Nigeria: Strengthening Industry, Institutions and Markets to Bolster a $1 Trillion Economy’, underscores the urgent need to build strong industries, deepen markets and empower institutions to attract the capital needed for sustainable growth.
He assured that the Chartered Institute of Stockbrokers and the Nigerian Exchange Group would continue to partner with the government to mobilise investments, unlock value in key sectors and position Nigeria as Africa’s leading investment destination.
He also recognised the efforts of the Ministry of Finance Incorporated (MOFI) in managing government assets.
He urged the agency to maintain transparent and efficient processes to maximise returns for the country.
He appreciated President Tinubu for his continued support to the private sector and appreciated Vice President Kashim Shettima, for gracing the occasion and strengthening ties with the financial community.
He congratulated the leadership of the Chartered Institute of Stockbrokers for organising a successful workshop and reaffirmed the Institute’s commitment to supporting policies that drive inclusive growth and prosperity.