Nigerian Exchange Limited (NGX), in collaboration with Stanbic IBTC Stockbrokers Limited, has called for greater participation in market making and securities lending as part of efforts to deepen liquidity, improve price discovery and strengthen the efficiency of Nigeria’s equities market.
The call was made on Tuesday, August 18, 2026, at a webinar themed “Unlocking Liquidity in the Equities Market: The Role of Market Making and Securities Lending,” which brought together market operators and other stakeholders to examine how both mechanisms can support trade execution, price discovery and broader participation in the secondary market.
Opening the session, Jude Chiemeka, Chief Executive Officer of NGX, described liquidity as the “lifeblood of a functioning capital market,” noting that the strength of a market should be measured not only by the number of listed companies or its market capitalisation, but also by how efficiently investors can enter and exit positions, the competitiveness of bid-offer spreads and the quality of price discovery.
“Market making and securities lending are not simply technical market mechanisms; they are critical components of a modern market infrastructure. We commend the Securities and Exchange Commission, under the leadership of Dr. Emomotimi Agama, for creating an enabling regulatory environment for market making and securities lending. These initiatives provide a strong foundation for greater market participation, deeper liquidity, better price discovery and a more efficient and resilient…
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Read Full Article by Iheanyi Nwachukwu at businessday.ng
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