Lagos State Governor, Babajide Sanwo-Olu, on Friday performed the Closing Gong Ceremony at Nigerian Exchange Group (NGX Group) in commemoration of Lagos Fashion Week, highlighting how Nigeria’s creative economy can leverage capital market financing to scale innovation and achieve sustainable growth.
The ceremony brought together Governor SanwoOlu, members of the Lagos State Executive Council, renowned American singer and fashion model Ciara Wilson, and key industry players to explore the intersection of creativity and capital. Organized by Style House Files, Lagos Fashion Week has evolved into one of Africa’s foremost platforms for creativity, sustainability, and enterprise development, enhancing the global competitiveness of Nigerian fashion.
In his remarks, Governor Sanwo-Olu commended NGX Group for spotlighting the potential of the creative economy, noting that Lagos continues to lead in galvanizing growth across fashion, film, music, and the arts. He reaffirmed his administration’s commitment to strengthening the ecosystem for the creative sector through access to finance, infrastructure, and supportive policies.
“Lagos stands at the forefront of Africa’s creative renaissance, a city where innovation, culture, and enterprise intersect,” said SanwoOlu. “Our ambition is to position Lagos as a global hub for creativity and investment. By deepening linkages with the capital market through institutions like Nigerian Exchange Group, we can unlock financing that empowers creative entrepreneurs to scale sustainably and compete on the world stage.”
Echoing this sentiment, Alhaji Umaru Kwairanga, Group Chair- man of NGX Group, described the ceremony as a model for how the capital market can support emerging sectors of the economy. He commended Governor SanwoOlu for his leadership in leveraging the market through bond issuances that have financed critical infrastructure and social projects.
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