By Taiye Olayemi
The Group Chairman of Nigerian Exchange Group (NGX Group), Dr Umaru Kwairanga, has called for stronger Nigeria-UAE capital market cooperation.
Kwairanga made the call during a visit to the Abu Dhabi Securities Exchange (ADX) on Friday.
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He held discussions with the board and management of the exchange on investment opportunities.
In a statement to News Agency of Nigeria (NAN), Kwairanga said both markets could explore knowledge sharing and training programmes.
He added that partnerships in product development and cross-border listings could strengthen market integration.
“This is to strengthen market integration between Africa and the Middle East,” he said.
The NGX chairman said Nigeria’s capital market had recorded significant growth in recent years.
He noted that market capitalisation and the benchmark index had more than doubled.
According to him, the development reflects renewed investor confidence in Nigeria’s capital market.
Kwairanga disclosed that Nigeria was preparing for the
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