NSE, WOOS ASIAN INVESTORS TO INVEST IN NIGERIA CAPITAL MARKET

AS part of efforts aimed at boosting foreign investors' participation in the Nigerian capital market, the Nigerian Stock Exchange (NSE) has concluded arrangements to embark on a roadshow to Asia from December 1 - 5, 2014.
The delegation, comprising listed companies, market operators and top Nigerian government officials will visit Singapore, Hong Kong and Beijing with the objective of developing partnerships and boosting investment flow into the Nigerian capital market.
According to Chief Executive Officer of the Exchange, Oscar N. Onyema, explained that the roadshow was part of the NSE's drive to increase participation of Asian investors in the Nigerian capital market.
"The event will highlight the robustness of our capital market as well as showcase The Exchange and its listed companies and market operators. In each destination, participants will have the opportunity to interact with the major institutional investors and fund managers, and explore business opportunities," he said.
He explained that the roadshow themed "Investing on the Nigerian Stock Exchange: Investing, Partnerships & Governance", would bring together African focused investors and fund managers to discuss ways to strategically position themselves, develop partnerships and expand into Nigeria in order to grow and gain competitive edge in the region's high growth market.

" Additionally, the meeting will explore the role of governance in facilitating trade and investment for businesses, and share insights on doing business successfully in Nigeria."
The Executive Director, Business Development, NSE, Haruna Jalo-Waziri, said "we are delighted to tell our story to this dynamic region. We are all familiar with major Asian direct investment into Nigeria, but our initial engagement with the Asian market also indicates considerable appetite for portfolio investment into our capital market, and we look forward to meeting their major financial institutions and corporates face to face".
Jalo-Waziri added that there is still widespread unawareness of Nigeria's potential. "The first challenge is to confront and overcome the perceptions that exist in the minds of some people outside Nigeria. Asia has a considerable pool of investible finds looking for attractive opportunities and we need to inform their investors of the opportunities available in the Nigerian stock market."
Some expected dignitaries for the occasion include: Ambassador Bashir Yuguda, Minister of State for Finance; Oscar N. Onyema, Chief Executive Officer, the NSE; , Henry Semenitari, Chief Executive Officer, Unity Bank; and Wale Tinubu, Group Chief Executive Officer of Oando Plc.