In a compelling convergence of art, enterprise, and finance, the Nigerian Exchange (NGX) Group Plc Chairman, Mr. Umaru Kwairanga, articulated a powerful vision at the closing gong ceremony of Lagos Fashion Week—one that underscores the shared purpose of the capital market and the creative economy: transforming ideas into enduring value.
Held at NGX Limited in Lagos last Friday, the event drew a distinguished crowd, including Lagos State Governor Mr. Babajide Sanwo-Olu, American superstar Ms. Ciara Wilson, Lagos Fashion Week chairman Mr. Tokunbo Akerele, and NGX Group CEO Mr. Temi Popoola. Their presence underscored the event’s significance as a platform for celebrating Nigeria’s vibrant creative sector and its potential to drive economic growth.
Mr. Kwairanga lauded Lagos Fashion Week as a model for how the capital market can support emerging sectors, particularly small and medium-sized enterprises (SMEs) in fashion and design. “The creative economy and the capital market share a common purpose—transforming ideas into lasting value,” he said. “Across the fashion value chain, countless SMEs have the potential to become industry leaders if they can access sustainable financing and institutional support.”
NGX CEO Mr. Popoola echoed this sentiment, emphasizing the immense growth potential within Africa’s creative industries. “Connecting creativity with capital enables designers, entrepreneurs, and innovators to grow sustainably through transparency and discipline,” he stated.
Lagos State Governor Babajide Sanwo-Olu reaffirmed his administration’s commitment to nurturing the creative ecosystem. “Lagos is at the forefront of Africa’s creative renaissance—where innovation, culture, and enterprise intersect,” he said. “By deepening our relationship with institutions like the Nigerian Exchange, we can unlock vital financing that empowers creative entrepreneurs to scale and compete globally.”
International star Ms. Ciara Wilson also expressed her admiration for Nigeria’s creative talent. “It’s incredible to see Lagos and Nigeria rising—creatively and economically,” she remarked. “Investing in this energy and talent is how you build something truly global and sustainable.”
Industry leader Mr. Akerele highlighted the economic importance of Lagos Fashion Week and the broader creative industries. “This platform champions creativity, sustainability, and enterprise,” he said. “Engaging with the exchange amplifies the message that the creative economy is a powerful engine for growth, investment, and social impact.”
As Nigeria continues its ascent on the global stage, this event exemplifies how strategic partnerships between the creative sector and financial institutions can unlock new opportunities, foster innovation, and build a resilient, inclusive economy rooted in the country’s rich cultural heritage.
