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Dr Kwairanga Speaks at Arunma Oteh’s Transformative Book Launch on Capital Markets in Oxford University

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The international finance community gathered at Oxford University on Thursday 23 January, 2025, to celebrate the launch of “All Hands on Deck: Unleashing Prosperity Through World-Class Capital Markets,” the latest book by renowned development finance expert Arunma Oteh.

Speaking at the event, the Group Chairman of the Nigerian Exchange (NGX), Dr Umaru Kwairanga, commended Oteh for her remarkable contributions to global finance and praised the book as a vital resource for policymakers, professionals, and the public.

Dr. Kwairanga underscored the importance of leaders sharing their knowledge to inspire younger generations and preserve valuable insights for posterity.

“Arunma Oteh is one of Africa’s most accomplished professionals, with a career spanning over 40 years at institutions such as the African Development Bank, the Nigerian SEC, the World Bank, and now Oxford University. This book is a clear testament to her vast experience and intellect.” He said.

Harnessing the Power of Capital Markets

Drawing from snippets of the book, Kwairanga highlighted its emphasis on the transformative power of capital markets in driving equitable wealth creation and poverty alleviation.

He referenced successful models in China and India, adding that Nigeria’s capital market is also evolving through innovative platforms like NGX’s X Rails, which aim to enhance financial inclusion and broaden investment access.

“While our financial systems are not yet as robust as those in developed economies, initiatives like financial literacy programmes and professional development are strengthening Nigeria’s markets. I believe Ms Oteh’s book will provide further insights to elevate our systems to global standards.” Dr. Kwairanga added.

A Legacy of Knowledge

Oteh’s book, described as both strategic and thought-provoking, is anticipated to become a critical guide for advancing world-class financial systems.

Dr. Kwairanga expressed his eagerness to delve deeper into the work, commending Oteh for using her expertise to enlighten global audiences.

The event, attended by finance experts, academics, and policymakers, celebrated Oteh’s legacy and her commitment to fostering prosperity through transformative financial systems.

Dr Kwairanga concluded by thanking Oteh for her invaluable contribution to global finance through the “power of the pen.”

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