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NGX Regulation Launches EquipHER Initiative in Nigeria

By: GWL Team | Thursday, 16 November 2023

The Nigerian Exchange (NGX) Regulation Limited introduces "EquipHER" to empower women and foster inclusive growth within the country's equity market. Aligned with Nigeria's National Financial Inclusion Strategy (NFIS), the Securities and Exchange Commission (SEC) Capital Market Master Plan, and various United Nations Sustainable Development Goals (SDGs) focused on promoting financial inclusion, EquipHER is set to address diverse facets of women's financial empowerment.

NGX RegCo, the leading self-regulatory organization committed to advancing market development, has partnered with key stakeholders to launch this groundbreaking initiative. On November 17, 2023, NGX RegCo, in collaboration with industry leaders, will host the inaugural workshop for female investors.

Themed "EquipHER: Financial Literacy and Inclusion for Women’s Economic Growth," the event will take place at the Nigerian Exchange Group House in Lagos.

The workshop aims to inspire, inform, and empower female participants, with a strategic goal of enhancing women’s participation in the equity market while fostering a more equitable and inclusive market. The agenda includes impactful presentations, goodwill messages, a fireside chat, and a panel discussion led by esteemed professionals from both the public and private sectors in Nigeria.

Ms Tinuade Awe, the Chief Executive Officer of NGX RegCo, expressed the initiative's core objective of creating pathways for women in the dynamic landscape of the Nigerian equity market. Emphasizing the belief that true economic growth is achievable only when all segments of society have equal access to opportunities, Ms Awe highlighted EquipHER as the commitment to fostering such an environment.

EquipHER represents a significant step towards empowering women in Nigeria, aligning financial strategies with global development goals. As women become active participants in the equity market, NGX Regulation anticipates a transformative impact on the national economy and market development.

This initiative signals a commitment to gender inclusivity and economic empowerment, setting a new standard for fostering a more equitable and dynamic financial landscape in Nigeria.