By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: NGX Collaborates with SEC, PENCOM to Host Securities Lending Webinar
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Featured

NGX Collaborates with SEC, PENCOM to Host Securities Lending Webinar

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: August 4, 2023
Share
3 Min Read
SHARE

In a bid to promote investor participation in the Nigerian capital market, boost secondary market liquidity, and drive economic growth through savings mobilization, Nigerian Exchange Limited (NGX) has joined forces with the Securities and Exchange Commission (SEC) and the National Pension Commission (PENCOM) to organize a Securities Lending Webinar.

The event is scheduled to take place on August 9, 2023, at 10 am.

Themed “Business Facilitation Act 2023 as a Catalyst for Deepening Securities Lending in Nigeria,” the webinar aims to bring together a diverse range of stakeholders, including retail and institutional investors, Pension Funds Administrators, Fund Managers, ETF Issuers, Trading License Holders, Regulators, and intermediaries in the Nigerian capital market.

Participants will have the opportunity to gain valuable insights into the securities lending landscape, product features, benefits for investors and intermediaries, and the broader capital market.

- Advertisement -

To register for the free webinar, interested individuals can visit the link provided at http://bit.ly/ngx-slw.

The event enjoys the support of key players in the financial landscape, including the Central Securities Clearing System Plc (CSCS), Cardinalstone, Stanbic IBTC Nominees, and the Pension Fund Operators Association of Nigeria (PENOP).

Notably, the webinar boasts an impressive lineup of speakers who will share their expertise and insights. Among the prominent speakers are Mr. Temi Popoola, the Chief Executive Officer of NGX; Mr. Babatunde Majiyagbe, the Chief Executive Officer of Stanbic IBTC Nominees; Mr. Abdulkadri Abass, the Director of Registration, Exchanges, Market Infrastructure, and Innovation at SEC; Mr. Oguche Agudah, the Chief Executive Officer of PENOP; and Mr. Ibrahim Kangiwa, the Head of Investment Supervision at the National Pension Commission (PENCOM).

Other esteemed speakers include Mr. Aigbovbioise Aig-Imoukhuede, the President of the Fund Managers Association of Nigeria; Mr. Peter Omoregie, the Chief Executive Officer of CardinalStone Securities; Ms. Ronke Ayegbejeje, the Relationship Manager at Stanbic IBTC Nominees; Ms. Onome Komolafe, the Divisional Head of Business Services and Client Experience at CSCS; and Simi Ojumu, the Head of Sales at Absa Securities.

- Advertisement -

The concept of securities lending involves the temporary transfer of securities from the holder (lender) to another party (borrower) for a fee.

The borrower commits to returning the securities to the lender either upon demand or at the end of the agreed loan term.

To safeguard against counterparty credit risk, the borrower typically provides collateral in the form of cash or other securities of equal or greater value.

Securities lending plays a pivotal role in capital markets by enhancing liquidity, reducing trading costs, and fostering price discovery.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:NGXPenComSEC
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article Image showing parental controls box on mobile web Google updates Tools for Personal Information Management and SafeSearch
Next Article Edo Varsity Suspends Staff Salaries Over Failure to Upload Students’ Results

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Rate

Okay.ng Logo
Buy Rate ₦1,560.00
Sell Rate ₦1,570.00

Updated: 2 days ago

Displayed rates are for informational purposes only and are subject to change.

Quick Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Olubunmi Tunji-Ojo
FG Hails Success of E-Visa System, Processes Over 14,000 Applications in Six Weeks
News
Google Releases June 2025 Core Update
Tech
NELFUND
NELFund Warns Students Against Fake Loan Portal, Urges Caution Over Fraudulent Links
Education
Tinubu and Saint Lucia’s Prime Minister Agree to Establish Formal Diplomatic Relations
International
Ali Bukar Dalori
Ali Bukar Dalori Assumes Role as APC Acting National Chairman After Ganduje’s Resignation
Politics
- Advertisement -
Ad imageAd image

You May Also Like

MI Abaga
Celebrities

MI Abaga Expresses Regret Over Past Support for APC

Damilola A.
Damilola A.
June 30, 2025
Senator Natasha Akpoti-Uduaghan
NewsTop stories

JUST IN: Court Grants Senator Natasha Akpoti-Uduaghan Bail on Self-Recognition

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 30, 2025
News

Anambra State Orders Investigation After Viral Video Shows Possible Anti-Touting Squad Excesses

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 30, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?