The Securities and Exchange Commission has given Nigerian Exchange Limited the approval to launch its Impact Board, a platform to enhance the listing and visibility of sustainability-focused instruments in the country’s targeted $1 trillion economy.
In a statement by NGX on Saturday, this initiative was announced during a Closing Gong Ceremony in Lagos. According to the statement, the NGX Impact Board was designed to cater to green financial products, address climate change and promote sustainable economic practices. NGX noted that the initiative was important as the government prepares for a proposed Green Bond issuance aimed at furthering environmental sustainability.
'The NGX Impact Board is expected to provide a dedicated platform for issuers of green bonds and other sustainability instruments, facilitating greater investor participation in environmentally friendly projects. This move is anticipated to attract both domestic and international investors who are increasingly prioritizing ESG factors in their investment decisions,” he said.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
NGX Group confirms appointment of Jude Chiemeka as CEONigerian Exchange Group Plc (NGX Group) has confirmed the appointment of Jude Chiemeka as CEO of Nigerian Exchange Limited (NGX), its operating exchange subsidiary.
Read more »
SEC approves Chiemeka CEO of Nigerian ExchangeThe Nation Newspaper SEC approves Chiemeka CEO of Nigerian Exchange
Read more »
NGX introduces Impact Board for sustainable instruments listingNigerian Exchange Limited (NGX) has unveiled its Impact Board, a dedicated platform for listing sustainability instruments, following approval from the Securities and Exchange Commission (SEC).
Read more »
SEC approves NGX, Invest digital platform to facilitate Nigeria’s $1tn economyThe Securities and Exchange Commission has approved the Nigerian Exchange Group’s Invest, a digital platform designed to streamline public offerings and rights issues in the capital market and facilitate Nigeria's $1 trillion economy drive.
Read more »
NGX unveils impact board for listing of green bondsNGX has unveiled its impact board, a platform for listing sustainability instruments, following approval from SEC.
Read more »
FG inaugurates SEC board, says financial market must be securedThe federal government has inaugurated the new board members of the Securities and Exchange Commission (SEC).
Read more »