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

Stanbic IBTC Reinforces Capital Markets Leadership Through Dangote Refinery IPO

Stanbic IBTC Holdings Plc has reinforced its position as...

CBN Bags NES Distinguished Organisation Award for Economic Reforms

The Central Bank of Nigeria (CBN) has received the...

Leadway Assurance Backs ISSP Initiative to Deepen Insurance Penetration, Consumer Trust

Leadway Assurance, Nigeria’s leading insurance services provider and a...

RMB Nigeria Advises on BOI’s N274.18bn Domestic Bond Issuance

L-R: Head, Debts Capital Markets, RMB Nigeria, Laju Atake;...

LG Electronics Highlights Seven Home Appliances at IFA 2026

As routines and lifestyles evolve across Europe, consumers are...

Topics

Market Statistics: Wednesday, 11th October 2017

Market Cap (N'bn)              12,616.5 Market...

Reinsurance: The Safety Net for Sustainable Insurance Growth in Africa

Insurance business has its elements of risk just as...

AITEO Wins Big in Court Against Money Laundering Charges

The High Court sitting in the Federal Capital Territory,...

Gokada Secures $5.3m Series A Funding

Gokada, the Lagos-based on-demand motorcycle taxi app, has secured...

Sovereign Trust Insurance: ‘We’re Committed to Excellent Service for Customers’

The Management of Sovereign Trust Insurance Plc has reiterated...

Making Sense of a Manual ‘Digital’ Directive

By Elvis Eromosele The COVID19 pandemic is not letting up....

Heritage Bank: 1st Institution to Win CBN’s Best Supporting Bank with ABP Information

Heritage Bank Plc, one of Nigeria’s most innovative service...