The Nigerian Exchange Group on Monday partnered with the Asagba of Asaba, Epiphany Azinge, to unlock investment opportunities for economic development in Delta.

The collaboration was highlighted during the NGX closing gong ceremony in Lagos, held in honour of the traditional ruler and to mark the launch of the Corporate Nigeria Investment Forum.

Speaking at the ceremony, Mr Azinge noted that the visit provided an opportunity for the community to engage with capital market operators, build partnerships and gain insights into investment opportunities.

The traditional ruler said the Asaba community was actively pursuing investment-driven development, adding that the environment remained conducive for investors.

Mr Azinge identified key sectors of focus, including real estate, hospitality, agro-economy, and tourism.

Mr Azinge expressed confidence in the resilience of Nigeria’s capital market, describing it as “very strong” in spite of the prevailing challenges.

Mr Azinge commended the NGX leadership for its role in deepening market activities.

“From what I have seen and from the months ahead, I have no doubt whatsoever that the state of the capital market in Nigeria is very strong. It is a pleasure for us to be here to engage with you, partner with you, draw inspiration from your activities and understand how we can benefit from your undertakings.

“Today, we are here to inform you of what we are trying to drive in Asaba as a community to attract investment and explore areas that are critical not just locally but across Africa,” Mr Azinge said.

According to him, discussions with NGX officials had positioned the community to better access capital and achieve its development objectives.

Mr Azinge also described the opportunity to ring the NGX closing gong as historic and memorable.

NGX Group chairman Umaru Kwairanga said the partnership with the Asagba of Asaba underscored the importance of collaboration in driving economic growth.

Mr Kwairanga noted that the Corporate Nigeria Investment Forum was designed to bring together stakeholders across sectors to unlock investment opportunities. He restated the role of traditional institutions in economic development, noting that the Asagba’s leadership could inspire broader participation across states.

“We consider NGX as a partner in this initiative, and we are ready to work with all capital market operators to achieve this laudable objective. We believe this initiative will bring us closer to the people and open up opportunities that can be replicated across other states,” he said.

Mr Kwairanga noted that NGX remained committed to leveraging its platform, expertise, and technology to support the Federal Government’s vision of building a $1 trillion economy.

(NAN)