UK reaffirms partnership with NGX

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The United Kingdom has assured The Nigerian Exchange Limited ;NGX) of continued collaboration with the market ecosystem.

Speaking at the sounding of virtual closing Gong to close the market at the weekend, the Depury British High Commissioner, Lagos, Mr Ben  Llewellyn-Jones explained that the relationship between the United Kingdom and The Exchange dated back to the commencement of The Exchange’s operations in its formative years as the then Lagos Stock Exchange.

Liewellyn-Jones stated that UK had always remained active in the Nigerian market being one of the largest in Sub-Saharan Africa and has remained a partner and supporting institutions.

He recalled that one of the recent shows of support for the NGX Limited was in 2020 International Women’s Day celebration which was graced by Harriet Thompson, British Deputy High Commissioner as the special guest of honour.

“ The history is always with us  in the sense that the UK is still very active in the Nigerian market, with Nigeria being the second-largest destination for investments and UK business in Sub-Saharan Africa. My role is to not only celebrate that but to grow, encourage and sustain this level of participation.

“Although it has been a difficult year economically and financially, I am encouraged by the resilience, creativity and positive performance of British businesses and investments here in Nigeria and I am grateful for this opportunity to talk about how much the UK will continue to do to support Nigeria and British businesses in Nigeria.”, he said.

The Chief Executive Officer, NGX, Mr Temi Popoola welcomed him to The Exchange and urged continued partnership between the market and the UK. 

“In the spirit of continued partnership, I welcome Mr. Llewellyn-Jones to the NGX as I look forward to deepening the partnerships between both organisations to further drive sustainable economic development for Nigeria and Africa as a whole.

“ NGX Limited has expressed that partnerships are a critical element of our strategy at the Exchange and it would continue to engage stakeholders whose support is essential to the achievement of its aspirations in the recently announced NGX era.”, Popoola said.



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