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ASHON Backs AELP to Drive Regional Market Integration

The Association of Securities Dealing Houses of Nigeria (ASHON) is backing the African Exchanges Linkage Project (AELP) to boost cross-border trading and regional market integration. ASHON Chairman, Sehinde Adenagbe, noted that the Nigerian capital market now contributes 33 percent to GDP, supported by the efficient T+1 settlement cycle and the Investment and Securities Act 2025. Adenagbe highlighted that the market remains attractive with undervalued equities and anticipates future strategic listings, such as Dangote Refinery and Petrochemicals, to further broaden investment options.

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