President Tinubu to Ring NASDAQ Closing Bell in New York as Nigeria Gears Up for Foreign Investment Boost

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The President of Nigeria, H.E. Bola Ahmed Tinubu, is set to ring the Closing Bell at NASDAQ in New York, USA, as part of the Executive Business Dialogue hosted by the United States Chamber of Commerce, NGX Group, and NIPC. This event, scheduled for September 20, 2023, is a key component of NGX Group’s Non-Deal Roadshow, aimed at attracting foreign capital interest in Nigeria’s economy and facilitating sustainable growth.

NGX Group emphasizes that this Roadshow will encourage dialogue, strengthen economic relationships, and enhance collaboration to support the Federal Government’s efforts to engage foreign investors. It aims to showcase the resilience of the capital market and leverage the reforms initiated by President Tinubu’s administration to demonstrate the value of the evolving landscape.

Furthermore, NGX Group seeks to attract new listings by engaging prospective companies and showcasing them to international investors. Sponsors for the Roadshow include Stanbic IBTC Capital, CardinalStone Partners, and Chapel Hill Denham. Notable private companies like Lagos Free Zone Company, Niger Delta Exploration and Production (NDEP), Flutterwave, and VFD Group will be featured.

Additional events scheduled by NGX Group between September 20 and 25 include the Non-Deal Roadshow in New York and London, in collaboration with the Debt Management Office, featuring Mr. Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. There is also a tech event themed “Invest in Africa’s Future,” planned in partnership with the Ministry of Communications, Innovation, and Digital Economy, and Future Africa, to be headlined by Dr. Bosun Tijani, the Minister of Communications, Innovation, and Digital Economy. This tech event will explore how the newly established NGX Technology Board can support capital formation in the technology industry and provide an opportunity for US institutional investors interested in Africa to connect with prominent African venture capital firms and tech founders.

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