A high-level delegation from the Nigerian Exchange Group Plc (NGX Group), led by Chairman Dr. Umaru Kwairanga, alongside Securities and Exchange Commission (SEC) officials headed by Director General Dr. Emomotimi Agama, recently visited the Johannesburg Stock Exchange (JSE) for strategic discussions.
This meeting aimed to enhance NGX Group’s governance and deepen institutional cooperation, reflecting its commitment to global partnerships and international standards.
Group CEO of JSE, Dr. Leila Fourie, welcomed the Nigerian delegation, highlighting African capital markets’ growing importance in the global investment landscape.
She noted South Africa’s capital market trends, including reduced outflows and improved investor sentiment.
GX Group Chairman Dr. Kwairanga expressed optimism about the visit’s mutual benefits, citing the significance of understanding JSE’s governance structure for NGX Group’s decision-making.
SEC Director-General Dr. Agama underscored the visit’s strategic importance, emphasizing its potential to elevate the Nigerian capital market.
GMD/CEO of NGX Group, Temi Popoola, reflected on the productive engagement, anticipating a synergistic partnership with JSE across areas like private markets, innovation, and technology.
Discussions centered on African exchanges collaborating to attract investors from the Chinese market, with Dr. Fourie emphasizing the need for synergy to bolster market appeal.
The meeting demonstrated NGX Group’s dedication to continuous development and alignment with international standards, fostering growth in Nigerian and African capital markets.
As NGX Group continues to explore global partnerships, its commitment to sustainability and market development is clear.
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