NBCC forum lists benefits of NSE, LSE partnership to Nigeria

Nigerian-British Chamber of Commerce (NBCC) has lauded the new partnership between the Nigerian Stock Exchange (NSE) and London-Stock of Exchange (LSE) which promised to become major access to capital investment for Nigeria and Britain.

The NBCC President, Prince Adeyemi Adefulu, made this assertion at the Chamber’s Breakfast Meeting held in Lagos.

Delivering a paper titled: “The Nigerian/London Stock Exchange Collaboration: Unveiling a Trans-Atlantic Partnership for Economic Development” the President Nigerian Stock Exchange, Aigboje Aig-Imoukhuede explained that the partnership between NSE and LSE will increase openness in the capital market, improve market transparency, strengthen regulatory environment and increase capital flow for investment between Nigeria and Britain. Prince Adefulu described the opportunities between Nigeria and Britain as enormous, which he said was untapped.

He said the new partisanship between NSE and LSE would soon become one of the biggest accesses to capital investment in the country.

He said Nigeria was set to play a significant role in British public and corporate lives.

“The LSE and NSE tie-in can only help the healthy progression. It strikes a right cord with the NBCC vision as the kind of policy initiative which will release the untapped energy between Nigeria and Britain,” the NBCC boss stated.