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Nigeria, UK Hold Strategic Meeting To Boost Capital Market, Trade Activities

The British High Commissioner to Nigeria, Andrew Pocock, last weekend, held a strategic meeting with the President of the Nigerian Stock Exchange (NSE) Aigboje Aig-Imoukhuede on dual market activities.

This meeting was in an effort to bolster economic cooperation, promote mutual development and trade between Nigeria and the United Kingdom.

The meeting was sequential to an earlier pact signed between the NSE and London Stock Exchange (LSE) that took place in Lagos last November, on how to mutually support both markets.

NSE Boss, who spoke with some newsmen at the end of the closed-door meeting over the weekend, noted that the meeting was expedient as the was launched at a time when global factors and forces are making huge impacts on economies.

Aig-Imoukhuede said in part: “We have determined the roles and responsibilities and how they would be apportioned and shared. This month, the lawyers on both sides, that is, the UK Law Society and the Capital Market Solicitors Association of Nigeria would be meeting in the UK.

“In March or April, we intend to have a one-day workshop where all the stakeholders from the Nigerian side meet our counterparts in the UK for one day and formerly sign up the initiative.

He added that in terms of the MoU that was signed between the LSE and the NSE, for market expansion, the meeting with the High Commissioner signals the importance of the initiative to all stakeholders.

 

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