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Innovation Drives Growth in Nigeria's Capital Market, Says Coronation Registrars CEO

Oluseyi Owoturo highlights the role of technology in enhancing investor experience.

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By NigerianNewsFeed NewsDesk Admin
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Innovation Drives Growth in Nigeria's Capital Market, Says Coronation Registrars CEO
Photo: Punch Newspapers

The Chief Executive Officer of Coronation Registrars Limited, Oluseyi Owoturo, has underscored the importance of purposeful innovation in fostering the growth of Nigeria’s capital market. Speaking after the company received three prestigious international awards in 2026, Owoturo stated that technology-driven solutions are vital for addressing operational challenges and enhancing the overall experience for investors.

Coronation Registrars was recently honoured with two accolades at the Global Economics Awards, including the Most Innovative Registrar for Unclaimed Dividend Resolution and Leading Registrars for Capital Market Services. Additionally, the firm secured the Gazet International Annual Award for Excellence in Shareholder Services and Capital Market Administration – Nigeria 2026. These recognitions highlight the company’s commitment to transforming shareholder services through innovative practices and operational excellence.

Owoturo remarked, "These recognitions reflect our commitment to redefining shareholder services through innovation, operational excellence, and a deep understanding of our clients’ evolving needs." He further emphasized the necessity of building trust and simplifying processes to create lasting value for shareholders, issuers, and the broader capital market ecosystem.

Over the years, Coronation Registrars has expanded its operational capabilities by implementing digital platforms that streamline dividend administration, manage corporate actions, track shareholder registries, and facilitate online investor self-service. The award for unclaimed dividend resolution is particularly significant, as it addresses one of the persistent challenges faced by the Nigerian capital market.

The firm has made strides in simplifying the dividend recovery process for retail investors by employing digital verification tools and efficient e-mandate onboarding. This innovation is crucial in a market where unclaimed dividends have been a longstanding issue, often stemming from outdated paper-based registration systems and missing bank verification details.

As capital market operators in Nigeria increasingly embrace technology to modernize legacy processes, Coronation Registrars is committed to deepening its digital transformation strategy. The company aims to enhance corporate governance support and align its infrastructure with the evolving frameworks of the Nigerian financial ecosystem.

Owoturo noted that maintaining modern, technology-enabled registrar operations is essential for corporate issuers to ensure smooth corporate actions, regulatory compliance, and sustained investor trust. By creating digital touchpoints that facilitate automated identity verification and seamless data reconciliation, registrar firms like Coronation Registrars play a pivotal role in unlocking dormant investor capital in the Nigerian Exchange Limited ecosystem.

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