NGX Group Chairman, Umaru kwairanga, Visits Dubai Exchanges for Partnerships

The Group Chairman of NGX Group Plc, Alhaji Umaru kwairanga, visited the Dubai Gold and Commodities Exchange (DGCX) and the Dubai Financial Markets (DFM) to discuss potential areas of collaboration with the two Exchanges in the areas of dual listings, technology and knowledge sharing and training.

At the DFM, he was received by Hamed Ahmed Ali, the MD/Chief Executive Officer, Aysha Al Falasi, Vice President and Maitha Yousif Almaazmi, Senior Specialist in the Listing Affairs Operations Division.

At the DGCX, Alhaji Kwairanga met with Louis Hems, Commercial Director and Tymoor Khan, Head of Global Sales.

Alhaji Kwairanga extolled Nigeria as the next frontier for discerning investors given its young vibrant population, huge natural resources and business minded political leadership.

He commended the two Dubai Exchanges for their leadership in the Middle East capital markets and their efforts to deepen the market with a diverse array of products ranging from Commodities to shariah compliant financial assets.

Kwairanga stated that Nigeria and the NGX Group was looking for strategic partners who will invest in and develop areas such as power, oil and gas and technology in Nigeria and the sub-Saharan market.

Hot this week

Guinea Insurance Surpasses ₦15bn Minimum Capital Requirement in Recapitalisation Milestone

Guinea Insurance Plc has achieved a significant milestone in...

NAICOM Reaffirms Support for Takaful, Microinsurance Growth as Noor Takaful Nears 10th Anniversary

L-R: Dr. Usman Jankara Jimada, Deputy Commissioner Technical, NAICOM;...

BUA Foods Delivers Double Digit Profit as Margin Discipline Drives Growth

  Company advances long term expansion strategy with significant...

Leadway Sounds Alarm on African Swine Fever, Urges Farmers to Strengthen Biosecurity

As concerns grow over recent outbreaks of African Swine...

Ecobank Nigeria Launches Scaling Up!!! Podcast to Champion African Entrepreneurship, Business Growth

Ecobank Nigeria has launched Scaling Up!!!, its flagship business...

Topics

NIA Chairman, Eddie Efekoha, Elected IoD Fellow

Mr. Eddie Efekoha, Chairman, Nigerian Insurers Association (NIA) is...

Train 7 Hits 90% Completion, Generates 16,000 Jobs as NCDMB, NLNG Advance Local Content

The leadership of the Nigerian Content Development and Monitoring...

Africa, ME PC Market Faces 7.2% Decline in H2 2021

The Middle East and Africa (MEA) personal computer (PCD) market,...

FG to Appeal Judgment Directing it to Investigate Attacks on Journalists

Nearly two years after a Federal High Court in...

Sustainability of CPS Key to Thriving Pension Sector – Absa

Absa, a leading pan-African bank with a strong footprint...

Exploring Trust, Authenticity, Engagement in a Saturated Digital Space 

By Elvis Eromosele Humans are naturally biased. This makes changing...

Investors in Data Centers in Africa Head to Monaco for 1st Summit

In the first event of its kind, an exciting...

Leadway Partners NBA to Deepen Insurance Coverage for Lawyers

Leadway Assurance has reiterated its commitment to providing insurance...