FMDQ moves to partake in $30trn sustainability fund

The Head Research FMDQ Group Plc, Vincent Nwani, said there is the need to improve efforts to attract some of the $30 trillion sustainability fund available globally into the Nigerian capital market.

Nwani stated this in Lagos while addressing the Capital Market Correspondents Association of Nigeria at a conference with the theme: ‘Leveraging Capital Market in Financing the National Development Plan” said  while efforts were being made at the level of the exchanges, there was a need for more action from the other participants in the market.

He said, “On sustainability finance, about $30 trillion is out there looking for who to take it as far as sustainability is concerned.

“How is the Nigerian capital market positioning itself to be a strong recipient of this free fund? From the level of the exchanges: NGX and FMDQ, we are ready to list and are already listing,” he said.

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