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NGX, LCCI partner to advocate listing, capacity development for broader economy

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Nigerian Exchange Limited (NGX) has announced a collaboration with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, listings, and capacity development for the broader economy. 

 This was disclosed by the Chief Executive Officer, NGX, Temi Popoola during the Closing Gong Ceremony marking the 135th Anniversary of LCCI on August 31, 2023.

Popoola said the partnership between NGX and LCCI will promote the advantages of listing for non-listed corporates while urging LCCI to work with NGX Regulation on regulatory compliance, governance, and knowledge sharing.

He added that NGX plans to leverage technology to engage millions of Nigerians in the market for retail participation.

“This commitment drives the Exchange to continuously seek strategic partnerships with key stakeholders,” he said. 

Also speaking, the President, of LCCI, Michael Olawale-Cole, expressed enthusiasm for the collaboration.

“We will work on signing an MoU; including developing action plans and timelines for a more vibrant partnership for the sustainable development of the Nigerian capital market”.

He commended NGX for its achievements and reiterated LCCI’s commitment to working together to enhance the exchange’s operations.

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