Existing and new investors will in the next few weeks be able to buy into rights issue and public offers by clicking few buttons on their mobile devices, under a new seamless digital platform that aims at transforming issuances at the Nigerian capital market. Banks and other companies seeking to raise new equity funds from the Nigerian capital market will now be able to fully conduct such issuances through a fully digitized platform that allows paperless subscription and ownership of shares.

The Nigerian capital market undertook a preview of a digital platform for electronic offering of shares (e-offering) yesterday, with the Securities and Exchange Commission (SEC) and Nigerian Exchange (NGX) describing the forthcoming platform as a major transformation for the Nigerian market and the economy generally.While awaiting the final approval of SEC, the apex capital market regulator, the e-offering platform being championed by the NGX, will deepen participation in the Nigerian capital market through a seamless access to offers anywhere in Nigeria and globally.