Experts to Canvass Capital Market as Economic Tool

Experts are set to discuss the role of the capital market in driving economic growth in Nigeria at the 39th Omolayole Management Lecture Series scheduled to hold in Lagos.

The lecture series organised by the Nigerian Institute of Management (Chartered) in collaboration with the Lagos Chamber of Commerce and Industry, Chartered Institute of Personnel Management, Nigeria Employers’ Consultative Association, Omolayole and Associates, and AIESEC Alumni Nigeria, was themed, ‘Interplay between capital markets and economic growth: Exploring the dynamic relationship’.

The annual lecture would analyse how the capital market provided an avenue for savings to be channelled into productive investments and the provision of a mechanism for the efficient allocation of resources.

In a statement issued ahead of the lecture on Monday, the host and President and Chairman of the Council of NIM, Dr Christiana Atako, said the theme underscored the pivotal role that capital markets played in shaping the nation’s economic prosperity and improving economic growth via investment, innovation, job creation, and economic stability, all of which are essential components of sustainable growth.

She said: “The 39th Omolayole Management Lecture Series is a platform to deliberate on the profound impact of capital markets in Nigeria. It is an opportunity to explore the dynamic relationship between these markets and economic growth, and it aligns perfectly with Dr. Omolayole’s vision of promoting excellence in management and business leadership. Dr. Omolayole imbues the core values of the NIM such as integrity; transparency; responsibility; accountability; equity; fairness; efficiency and effectiveness.”

The Managing Director/Chief Executive Officer, Africa Operations, Inlaks Limited, Kyari Bukar, would be the guest speaker at the event, which will also have other speakers.

OML paid tribute to the legacy of business and management icon, Dr. Michael Omolayole, an eminent business and management icon.

Omolayole was the first Nigerian chairman/managing director of Lever Brothers Nigeria Plc. (now Unilever Nigeria Plc.); he was also the first and only African to sit as a member of the Board of Advisors of AIESEC International in Brussels.