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  • Tue. Jan 28th, 2025

Nollywood can even more enhance retail financier activity in capital market, states Popoola

ByRomeo Minalane

Dec 30, 2023
Nollywood can even more enhance retail financier activity in capital market, states Popoola

Temi Popoola, Chief Executive Officer, Nigerian Exchange Limited (NGX) has actually stated that the domestic home entertainment sector, Nollywood, can assist to additional increase retail financier activity in the capital market due to its attract Nigeria’s more youthful generation. Popoola stated this at the Closing Gong Ceremony celebrating the last trading day of the year and commemorating the accomplishments of Nollywood stalwart and CEO RMD Productions, Richard Mofe Damijo (RMD). The CEO mentioned, “Nollywood plays an important function in offering the Nigerian economy and can assist to catalyse increased retail financier activity by informing the more youthful generation to additional crowd them into the marketplace. Nollywood stakeholders can likewise utilize the marketplace to raise the capital to money their organizations and tasks, deepening the synergy in between the innovative sector and the capital market.” Mofe Damijo, providing his remakes likewise kept in mind that it was very important that business neighborhood and the innovative sector promote interactions as both sides had significant worth to provide each other and drive the development of the Nigerian economy. “We can not promote Nigeria or draw in foreign financial investment without incorporating our art and culture into it, he stated, including that other nations who promote their economies on global platforms go through their art and culture.

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