The Nigeria Stock Exchange is studying the use of innovative technologies such as blockchain to build a fundraising platform.

The Nigerian Stock Exchange (NSE) is now delving into innovative technologies such as blockchain and distributed ledger technology (DLT) as a new means of raising funds as part of an effort to collaborate on capital markets and emerging financial technologies. NSE CEO Oscar Onyema said the exchange is considering a platform to raise funds for alternatives and innovations through the use of new technologies such as blockchain and DLT.