By Abdullahi Lukman
The Nigerian Exchange Group (NGX) officially launched its NGX Net Zero Programme (N-Zero) on Monday at the German Investment and Development Company (DEG) headquarters in Cologne, Germany.
The programme is designed to promote climate action, support sustainable finance, and enhance economic resilience in Nigeria and across Africa.
Speaking at the signing ceremony, NGX Group Chairman, Alhaji (Dr.) Umaru Kwairanga, described the partnership with DEG as a critical milestone in advancing responsible investing and supporting listed companies in their transition to net-zero carbon emissions.
Kwairanga emphasized the growing role of capital markets in addressing climate change, noting that the NGX aims to position Nigeria as a leading hub for green finance in Africa.
“This initiative symbolizes our shared commitment to creating pathways for climate action and sustainable economic growth,” he said.
The NGX Net Zero Programme seeks to onboard listed companies onto a platform that encourages transparency, project oversight, and effective climate-related disclosures.
NGX will also publicize the programme to attract global environmental, social, and governance (ESG) capital flows.
Kwairanga thanked DEG and other partners, including the African Foresight Group, for their support, describing the collaboration as a foundation for long-term sustainable financing and investor participation.
He further expressed confidence that the programme would strengthen Nigeria’s competitiveness in the global investment landscape while delivering measurable environmental benefits.
The launch marks a key step in NGX’s broader strategy to lead sustainable finance initiatives and contribute meaningfully to climate action across the continent.
