Nigeria Offers Many Opportunities for Investments—London Stock Exchange

By Dipo Olowookere

The London Stock Exchange (LSE) says the Nigerian capital market has different opportunities investors can tap into.

Speaking at a event jointly organised with the Nigerian Stock Exchange (NSE) in Lagos, representative of the CEO of LSE, Mr Mani Gokul, who is the Head of Primary Markets at Middle East, Africa, India, stated that investors have to study the Nigerian market very well to make gains.

Mr Gokul said at the 5th edition of NSE-LSE Dual Listing Conference last Friday that Nigeria offers many opportunities for investments and expansion as an economy.

“We look forward to partnering with NSE to showcase the rapid developments in Nigerian capital markets and the Nigerian economy,” the investment analysts disclosed at the Wheat baker Hotel, Ikoyi, Lagos, venue of the event.

The conference which brought together companies keen to explore a London/Lagos dual listing, corporate finance experts, lawyers, capital market operators, regulators, government officials, media and thought leaders, featured key​notes addresses, presentations and panel discussions, on ‘Attracting Global Capital to Drive Nigeria’s Economic Reforms and Sustainable Growth Development.’

Other speakers at the event were Ms Mary Uduk, Acting DG of Securities and Exchange Commission (SEC), represented by Mr Emomotimi Agama; Ambassador Chiedu Osakwe, Nigerian Chief Trade Negotiator-Director-General Nigerian Office for Trade Negotiations; Tinuade Awe, Executive Director Regulations, NSE; Alex Okoh, Director General, Bureau of Public Enterprises; Haruna Jalo-Waziri, CEO, Central Securities Clearing System Plc; Tonye Cole, Co-Founder, Sahara Group Ltd; and Patience Oniha, Director General, Debt Management Office, represented by Afolabi Oladele, Director Portfolio Management.

Also at the event included Hajia Aisha Dahir-Umar, Acting Director General, National Pension Commission represented by Ehimeme Ohioma, Head, Investment Supervision; Eme Essien Lore, Country Manager, International Finance Corporation; Dr. Benedict Oramah, President- The African Export-Import Bank, represented by Elias Kagumya, Director, Risk Management; and Yvonne Ike, Head of Sub Saharan Africa- Bank of America Merrill Lynch.