The Nigerian Stock Exchange (NSE) was named Africa’s Most Innovative Stock Exchange in 2016 by The Exchange by The Business Year Magazine for successfully enhancing investor experience and transforming the market’s dynamics.
The award winners included stock exchanges, socially responsible companies, regulators, listed companies, investment banks, stockbroking companies, research teams and fund managers, which were picked for exhibiting exemplary leadership, innovation, and entrepreneurship.
According to Andrea Bernaldo de Quiros, Country Manager Nigeria, TBY magazine, the NSE’s transformation has been driven “through the deployment of advanced technologies, innovative trading capabilities, and a new trading platform.”
Commenting, Oscar Onyema, NSE’s chief executive, said the award “is evidence of the reforms we have been implementing to create an environment that makes the NSE an attractive capital market for companies seeking new sources of capital and one that inspires the trust and confidence of domestic and foreign investors.
“I would like to dedicate this award to the great team at the NSE and other capital market stakeholders who are making significant contributions to the development of the Nigerian capital market and Africa at large,” he added.
This award brings to three the number of awards received by the NSE so far in 2016, beginning with the “2016 Employer of Choice” in the under 1,000 Employees category by the HR Peoples Magazine, followed by the “Corporate Achievement Award to a Financial Institution” at the inaugural annual Financial Literacy Excellence (FILEX) Awards.
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