{
  "id": 15636298,
  "title": "FG targets 20 million investors, 250 listed companies by 2036",
  "url": "https://urgent.news/2026/10/19/fg-targets-20-million-investors-250-listed-companies-by-2036-15636298",
  "topic": "world",
  "section": "World",
  "published": "2026-10-19T18:20:32.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/fg-targets-20-million-investors-250-listed-companies-by-2036/"
  },
  "original_language": "en",
  "account": "The Federal Government of Nigeria has set ambitious targets to boost its capital market by 2036. In a recent statement, Minister of Finance and Coordinating Minister for the Economy, Taiwo Oyedele, outlined plans to increase the number of retail investors from six million to 20 million, a rise of 14 million or 233.3%. The target also aims to expand the number of listed companies from 146 to 250, representing a 104 increase or 71.2%. Oyedele emphasized the need to raise equity market capitalization from 33% of Nigeria's Gross Domestic Product to at least 60%. He also proposed attracting more private businesses to the Nigerian Exchange through incentives rather than forcing them to list. The government aims to expand its capital market to $1tn within the next decade, surpassing the Securities and Exchange Commission's target of growing the market from approximately N250tn to N750tn by 2036.",
  "summary": "The Federal Government plans to increase retail investors in Nigeria’s capital market from six million to 20 million by 2036, says Finance Minister Taiwo O Read More: https://punchng.com/fg-targets-20-million-investors-250-listed-companies-by-2036/",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Punch Nigeria",
        "title": "FG targets 20 million investors, 250 listed companies by 2036",
        "url": "https://urgent.news/2026/10/19/fg-targets-20-million-investors-250-listed-companies-by-2036",
        "published": "2026-10-19T18:00:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}