A New Era of Partnership: Tinubu, NASDAQ and NGX Group

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In a momentous collaboration between the Nigerian Exchange Group Plc (NGX Group), the United States Chamber of Commerce, and the Nigerian Investment Promotion Council (NIPC), the President of the Federal Republic of Nigeria, His Excellency Bola Ahmed Tinubu, is set to ring the Closing Bell at NASDAQ in New York, United States. This event marks a significant highlight of the Executive Business Dialogue scheduled for September 20, 2023.

The Executive Business Dialogue is a pivotal component of the Non-Deal Roadshow orchestrated by NGX Group, designed to bolster foreign capital interest in Nigeria’s economy under the stewardship of the new administration. The primary objective of this initiative is to rekindle foreign investors’ enthusiasm and position Nigeria for sustainable growth.

NGX Group emphasizes that the Non-Deal Roadshow is a platform to foster meaningful dialogue, reinforce economic bonds, and stimulate collaboration. It aligns seamlessly with the Federal Government’s (FG) agenda to attract foreign investment into the Nigerian economy.

The roadshow aims to showcase the resilience of the Nigerian capital market and leverage the transformative reforms spearheaded by President Tinubu’s administration, with the aim of making foreign investors recognize the burgeoning opportunities in the country.

Moreover, NGX Group has its sights set on enticing more companies to list on the Nigerian stock exchange by engaging prospective businesses and putting them in the spotlight before international investors.

This strategic move is poised to reignite foreign capital interest, cultivate crucial partnerships, and amplify deal flow into the capital markets.Prominent financial institutions like Stanbic IBTC Capital, CardinalStone Partners, and Chapel Hill Denham have thrown their support behind the roadshow as sponsors. The event will also showcase leading private enterprises such as Lagos Free Zone Company, Niger Delta Exploration and Production (NDEP), Flutterwave, and VFD Group.

In addition to the Closing Bell ceremony at NASDAQ, NGX Group has a comprehensive series of events scheduled from September 20 to 25. These include the Non-Deal Roadshow in New York and London, organized in collaboration with the Debt Management Office and headlined by Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy.

Another exciting event in the lineup is a tech-focused gathering themed “Invest in Africa’s Future,” organized in partnership with the Ministry of Communications, Innovation, and Digital Economy, and Future Africa. This event, led by Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy, will explore the potential of the newly established NGX Technology Board in supporting capital formation in the technology industry. It will also provide a platform for U.S. institutional investors interested in African ventures to connect with prominent African venture capital firms and tech founders.

This ambitious series of events showcases Nigeria’s commitment to opening its doors to global investment and fostering technological innovation, setting the stage for a promising future of economic growth and collaboration.

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