VICE President Prof. Yemi Osinbajo has challenged capital market operators to brace up to the challenges of providing the long-term capital needed to fund needed growth and development in the country. In this regard, the Nigerian capital market has a significant role to play in the attainment of these objectives. She disclosed that there are many capital market instruments that can be used to stimulate economic development in Nigeria- bonds, equities and commodities. She also explained that portfolio investment in the first quarter of 2018 amounted to 16.5 per cent of total $6.3 billion capital importation. He also advocated for “a long-term national legislation on infrastructure should be an integrated effort to curb discontinuity of infrastructure development in Nigeria”.

Source: Nigerian Tribune July 23, 2018 18:11 UTC