NSE Partners LSE
From Benjamin A Ameh, Lagos
The Nigerian Stock Exchange (NSE) has concluded arrangements, to lead corporate finance experts, lawyers, capital market operators, regulators and companies keen to explore a London and Lagos dual listing, to an investor road show at London Stock Exchange Group (LSEG), as part of efforts aimed at promoting dual listing and showcasing the potential of quoted companies on The NSE to global markets.
Scheduled to be held on June 22, 2015, the event themed London – Lagos: Capital Markets in Partnership, is in furtherance to the agreement signed in November 2014 between the NSE and LSEG to strengthen cooperation and promote mutual development between the two exchanges.
According to the CEO of The Nigerian Stock Exchange, Oscar N. Onyema, the event will bring together key market stakeholders to discuss opportunities for dual listing in the London and Nigerian capital markets. “It is an opportunity for engagement between the UK and Nigerian capital markets with a view to deepening domestic and regional markets; enhancing liquidity and identifying institutional and capacity building initiatives needed to develop both markets and create long term value for respective stakeholders. The plans to get local firms to list both on The NSE and London Stock Exchange is part of our strategy of transforming Nigeria into an international financial centre that serves not only the Africa region but also the global market”, he noted.
Xavier Rolet, CEO, LSEG said: “This event is a reflection of the global investment community’s strong desire to be a part of the Nigeria story via the increasingly strong partnership being forged between Nigeria and London. As the world’s most international exchange, LSEG looks forward to building on the success of existing dual listings in Nigeria and London and partnering with the NSE to showcase developments in Nigeria’s economy and capital markets.”
Several high level Nigerians will join Oscar Onyema, CEO, NSE, to the event including: Aig Aigboje-Imokhuede, President of the NSE Council, Mounir Gwarzo, Director General, Securities and Exchange Commission, , Dr. ABC Orjiako, Chairman, Seplat Petroleum, Chinelo Anohu-Amazu, Director-General, Nigerian Pension Commission, and Haruna Jalo-Waziri, Executive Director, Business Development, NSE
