Temi Popoola, Chief Government Officer, Nigerian Change Restricted (NGX) has mentioned that the home leisure sector, Nollywood, may help to additional enhance retail investor exercise within the capital market because of its enchantment to Nigeria’s youthful technology.
Popoola mentioned this on the Closing Gong Ceremony commemorating the ultimate buying and selling day of the 12 months and celebrating the achievements of Nollywood stalwart and CEO RMD Productions, Richard Mofe Damijo (RMD).
The CEO acknowledged, “Nollywood performs a crucial function in promoting the Nigerian financial system and may help to catalyse elevated retail investor exercise by educating the youthful technology to additional crowd them into the market. Nollywood stakeholders may leverage the market to boost the capital to fund their companies and tasks, deepening the synergy between the inventive sector and the capital market.”
Mofe Damijo, giving his remakes additionally famous that it was vital that the enterprise neighborhood and the inventive sector stimulate interactions as either side had large worth to supply one another and drive the expansion of the Nigerian financial system. “We can not promote Nigeria or appeal to international funding with out integrating our artwork and tradition into it, he mentioned, including that different international locations who promote their economies on worldwide platforms undergo their artwork and tradition.
