NSE Signs Deal to Broadcast Stock Market Activities Live on TVC

By Dipo Olowookere

The management of the Nigerian Stock Exchange (NSE) has completed a broadcasting deal with Continental Broadcasting Service limited (CBS), the parent company of Television Continental (TVC), to transmit market activities live from the floor of the NSE on the television channel.

The deal, according to information gathered by Business Post, was signed last week between managements of both organisations.

It was further learnt that TVC, under the agreement, will run live daily commentaries of major developments on the NSE and the Nigerian capital market at large.

The station will in addition create a programme titled, ‘The Market This Week’, which will be aired every Friday.

Speaking at the signing of the deal, Deputy Director in charge of News at CBS, Mr Tunde Osho, described the partnership between the NSE and his organisation as a significant step forward in this day of high investment activities in Nigeria.

He said, “With our network of bureaus across the country, and our presence on Sky Channel 217 in the UK, broadcasting live updates from the floor of the Nigerian Stock Exchange will ensure that the investing public in Nigeria and abroad is fed with up to date information everyday on the NSE.

“This will ensure that the global investing public is open to the critical information we will provide so it would be adequately oriented to the important stock market information it needs to make critical investment decisions in the country.”

On his part, Head of Corporate Communications at the NSE, Mr Olumide Orojimi, remarked that, “We are delighted to forge this partnership with CBS.

“This will sustain the momentum we are receiving from media organisations, to collaborate with us towards projecting and promoting the capital market through timely dissemination of information that enables investors to make sound investing decisions.

“It further affirms the sustained relevance of the NSE as the destination for discerning issuers and investors to raise and access capital. We look forward to a robust coverage of our market across CBS’s growing pan-African and global audience platforms.”