Purposeful innovation key to capital market growth — Owoturo

Oluseyi Owoturo, CEO of Coronation Registrars Limited, highlighted the importance of purpose-driven innovation for the growth and expansion of Nigeria's capital market. Speaking post the firm's recent awards, Owoturo emphasized that technology-led solutions play a vital role in building trust, improving market efficiency, and creating long-term value for all market participants.

The company received accolades from the Global Economics Awards and Gazet International Annual Award, recognizing its efforts in redefining shareholder services through innovation. Coronation Registrars has strengthened its operational footprint by deploying digital platforms in various areas, especially in dividend administration and shareholder registry tracking.

The firm's focus on tackling the issue of unclaimed dividends, a long-standing structural issue in the Nigerian Exchange Limited ecosystem, has simplified the dividend recovery process for retail investors. The international recognition comes as capital market operators in Nigeria increasingly prioritize technology to automate legacy post-trade processes and enhance market participation.