Stock exchange supports Nigeria growth – Mr Onyema reports


Chief Executive Officer of Nigeria Stock Exchange, NSE, Mr.Oscar Onyema has stated that stock exchange has supported Nigeria for economic growth.

This statement was contained in report presented by CEO, Nigeria stock exchange during National economic council NEC, meeting on Thursday, 22 August, 2019.


Vice president, Prof. Yemi Osibanjo presided over the NEC meeting on thursday.


Mr Onyema stated that since 2016, NSE has actively supported Nigeria economic growth immensely.


According to him, he presented that capital market is greatly connected to economical development of the country.


The CEO also claimed that NSE has a capitalization of about 25.7 trillion naira that make it one of Africa’s top exchange market.


In his report, the capital market has helped the nation for $100 billion infrastructural challenge so far.


Mr. Oscar Onyema equally reported that solving Nigeria infrastructure challenges will help to actualize economic capacity of the nation.


However, some of agendas discussed in NEC meeting were updates on NEC committee on export promotion, polio eradication in Nigeria, and report on special National accounts.

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