Nigeria’s President Bola Ahmed Tinubu, will on Wednesday, September 20, 2023, in New York, United States, ring the closing bell of the NASDAQ, as part of event organized for the Executive Business Dialogue by United States Chamber of Commerce, Nigerian Exchange Group Plc and the Nigerian Investment Promotion Council (NIPC).
The dialogue, according to a statement by the NGX, is part of a series of events in the Non-Deal Roadshow planned by NGX Group to support the new administration’s efforts at reigniting foreign capital interest in the Nigerian economy, thereby positioning the country for sustainable growth.
The Non-Deal Roadshow with a goal to display the robustness of the capital market and leverage the pace of reforms by the new administration of President Tinubu, the statement continued, is part of the Group’s drive to support FG’s agenda to elicit interest of foreign investors in the Nigerian economy.
It is aimed at enabling foreign investors recognize the value created by the changing landscape, as the NGX Group also seeks to attract more listings by engaging prospect companies and spotlighting them in front of international investors.
“it will spotlight NGX, pipeline of listings and blue-chip market operators. This window presents a unique opportunity to reignite the interest of foreign capital in our country, create vital partnerships, and promote increased deal flow into the capital markets, Stanbic IBTC Capital, CardinalStone Partners, and Chapel Hill Denham are sponsors for the Roadshow, which will feature prominent private companies like Lagos Free Zone Company, Niger Delta Exploration and Production (NDEP), Flutterwave and VFD Group,” it added.
Other events scheduled between September 20 and 25 by NGX Group include the Non-Deal Roadshow in New York and London organized in collaboration with Debt Management Office to be headlined by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; and a tech event themed Invest in Africa’s Future planned with the Ministry of Communications, Innovation and Digital Economy, and Future Africa.
It will be headlined by Dr Bosun Tijani, Minister of Communications, Innovation and Digital Economy.
The tech event will among other objectives explore how the newly created NGX Technology Board can support capital formation in the technology industry and provide an opportunity for US institutional investors interested in investing in Africa, to meet with prominent African venture capital firms and tech founders.