I’m bringing on this post because
of my love for good news from Nigeria.
Our own NSE being among the top 10
in the world.. WOW!! That’s a big hit!
Read details as reported by Daily
Indepenent:
All Share Index of the
Nigerian Stock Exchange (NSE) has been ranked among the top 10 best performing
indices in the world in 2013.
Outgoing President of the NSE,
Aliko Dangote, disclosed this on Wednesday at the 2013 Annual General Meting
(AGM) of the Exchange in Lagos.
He said despite challenges, the NSE
emerged with a strong financial position, as its market data and value-added
services became and remained highly sought after, while its technology platform
is a leading benchmark in the region.
“At the bourse, we centred our
attention on executing our transformation agenda and on further development of
the capital market.
“We focused our priorities on
enforcing the rules that govern the marketplace, we succeeded in providing an
enabling platform to operate an efficient market, and we delivered on our
promise to achieve a higher level of transparency in the market.
“In March 2013, the Exchange
launched the first-ever electronic issuers’ portal for the Nigerian capital
market, enabling issuers to submit financial reports, corporate actions, and
other material information to the market, quickly, efficiently and remotely.
“This breakthrough
development encourages transparency, builds accountability, and expedites
the discharge of issuers’ post-listing obligations, as they relate to
structured and continuous disclosure,” Dangote said.
Also on Wednesday, the National Council
of the NSE elected Aigboje Aig-Imoukhuede as the new President of the Exchange.
He emerged president of the
National Council following the decision of Dangote to step down as president of
the council at the 2013 AGM.
However, Dangote will continue to
serve on the national council as an ex-officio member pursuant to the
Exchange’s Article of Association.
Aig-Imoukhuede has been the first
Vice President of the council since May 2013.
From 2002 until his retirement in
2013, he was the Group Managing Director of Access Bank Plc, and during his
tenure the bank was transformed to rank among Nigeria’s top five banks.
His banking career has spanned 25
years of which 10 were spent at the Guaranty Trust Bank where he resigned as
Executive Director in March 2002.
He was the Board, Chairman of FMDQ
OTC until August 2014, and is the Chairman of WAPIC Insurance Plc.
He is a member of the National
Economy Management Team and a foundation board member of the Africa Finance
Corporation.
As chairman of Friends of Africa, a
partner organisation of the Global Fund to fight HIV, Malaria and Tuberculosis,
he led the Gift from Africa campaign, which has raised millions of dollars for
the Global Fund.
He is co-chairman of the board of
GBC Health and is a founding member of the Private Sector Health Alliance of
Nigeria.
Aig-Imoukhuede is an alumnus of
Harvard Business School having attended its Executive Management Programme and
also an Honorary Fellow of the Chartered Institute of Bankers of Nigeria.
Aig-Imoukhuede holds an LLB degree
from the University of Benin and is qualified to practice as a barrister and
solicitor of the Supreme Court of Nigeria.
In the same vein, Abimbola
Ogunbanjo, Managing Partner at Chris Ogunbanjo & Co (Solicitors), a leading
international law firm, and a director and the country legal adviser of
ConocoPhillips, was elected as first Vice Chairman, while Abubakar Balarabe
Mahmoud, Managing Partner and one of the founding partners of the law firm of
Dikko % Mahmoud was elected as second Vice Chairman.
Meanwhile, Muhammed Daggash, Finmal
Finance Services Limited represented by Umaru Kwairanga, Greenwich Securities
Limited represented by Kayode Falowo, ICMG Securities Limited represented by
Michael Osime, Meritem Securities Limited represented by Oluwole Abegunde,
Sigma Securities Limited represented by Dunama Balami and Signet Investment and
Securities Limited represented by Oladapo Aina were elected as members of
national council.
No comments:
Post a Comment