The Nigerian Exchange Group (NGX Group) has officially launched its Net Zero Programme, known as N-Zero, in partnership with the German Investment and Development Company (DEG), a subsidiary of the German Government Investment Corporation.
The signing and launch ceremony was held at DEG’s headquarters in Cologne, Germany, representing a major milestone in NGX Group’s push to advance sustainable finance, responsible investing, and climate action across the African continent.
Dr Umaru Kwairanga, Chairman of the NGX Group, in a statement on Tuesday, described the partnership as a powerful symbol of a united vision for Africa’s economic and environmental transformation.
“This collaboration with DEG represents much more than the signing of an agreement.
“It symbolises our shared commitment to driving meaningful change by creating pathways for climate action, sustainable finance, and long-term economic resilience in Nigeria and across Africa,” he said.
According to him, the capital markets have a crucial role to play in achieving global climate targets, and NGX has positioned itself at the forefront of Nigeria’s transition to a green economy.
He described the N-Zero initiative as an ambitious platform aimed at helping listed companies move toward net-zero emissions while attracting global investment focused on environmental, social, and governance (ESG) standards.
“We see this partnership not just as a ceremony, but as the beginning of a long-term relationship that will unlock new sustainable financing models and boost investor participation,” he said.
Kwairanga also extended appreciation to DEG and other partners, including the African Foresight Group, for their support, which he said underscores Nigeria’s growing commitment to sustainability and climate responsibility.
He noted that NGX Group will be responsible for hosting and promoting the N-Zero platform, onboarding listed companies, and managing the programme with an emphasis on transparency and accountability.
The chairman further expressed optimism that the initiative would strengthen Nigeria’s position as a leader in sustainable finance and attract greater interest from global investors.
“I am confident that the NGX Net Zero Programme will not only deliver measurable environmental impact but also strengthen Nigeria’s competitiveness in the global investment landscape,” he said.
The event was attended by key stakeholders from across Europe and Africa, including development finance institutions, sustainability advocates, and dignitaries.
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