The Nigerian Stock Exchange over the weekend emerged the ‘most innovative Stock Exchange’ in Africa.
The award was presented by the Country Manager of the Business Year Magazine, Mr. Andrea Bernaldo de Quiros, to the Chief Executive Officer, NSE, Mr. Oscar Onyema, in Lagos.
Information obtained by The Point showed that The Business Year Magazine Awards recognises different categories of players who have shown exemplary leadership, innovation, and entrepreneurship.
These include stock exchanges, socially responsible companies, regulators, listed companies, investment banks, stockbroking companies, research teams and fund managers.
Andrea Bernaldo explained that the Most Innovative African Stock Exchange in Africa award was given to the NSE, in recognition of success in enhancing investor confidence and transforming the Nigerian market through the deployment of advanced technologies, innovative trading capabilities, and a new trading platform.
Speaking on the award, Mr. Onyema said, “We consider it an honour to be named the Most Innovative Stock Exchange in Africa. This is evidence of the reforms we have been implementing to create an environment that makes the NSE an attractive capital market for companies seeking new sources of capital and one that inspires the trust and confidence of domestic and foreign
investors.
“I would like to dedicate this award to the great team at the NSE and other capital market stakeholders who are making significant contributions to the development of the Nigerian capital market and Africa at large,” adding, “The award now brings to three, the number of awards received by the NSE so far in three years.”
