Nigeria, UK Launch Partnership to Boost Capital Market and Strategic Investments

Nigeria and the United Kingdom have initiated an intensive partnership process aimed at unlocking funding for strategic investments and deepening listings on the Nigerian capital market. This collaboration is being implemented through the Nigerian Exchange (NGX) and Mobilising Institutional Capital Through Listed Product Structures (MOBILIST), facilitated by the UK Government’s Foreign, Commonwealth, and Development Office (FCDO).

The partnership aims to support investment solutions that align with global goals for sustainable development. A high-level meeting is scheduled for tomorrow, bringing together Nigeria’s industry leaders, regulatory bodies, government agencies, policymakers, financial advisors, capital market solicitors, and thought leaders to intensify discussions around the core objectives of the collaboration.

Analysts believe this partnership could channel finance into high-impact infrastructural projects in Nigeria, particularly in the sectors of power, roads, agriculture, housing, credit systems, and financial technologies. By leveraging British International Investments and the Private Infrastructure Development Group, MOBILIST forms part of the UK’s British Investment Partnerships toolkit.

MOBILIST has a proven track record, having invested in the initial public offering (IPO) of Thai Credit Bank to facilitate its listing on the Stock Exchange of Thailand (SET). Additionally, the UK government, through MOBILIST, provided £24.5 million of seed capital to the Asian Energy Impact Trust, enabling its listing on the London Stock Exchange (LSE).

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