The United Kingdom (UK) through its Foreign, Commonwealth and Development Office (FCDO) has said that it will continue to focus on building future investment links and collaborate with Nigerian Exchange Limited (NGX) to ensure Nigeria’s economic potential is unlocked.
This was even as the UK government announced the Mobilising Institutional Capital Through Listed Product Structures (MOBILIST) partnership with the Exchange which will facilitate increased investment in sustainable development in Nigeria through products listed on the Exchange. Rt Hon. James Cleverly, UK Secretary of State, FCDO disclosed these during the Closing Gong Ceremony held on the floor of the NGX on Tuesday.
Cleverly noted that NGX, through its activities have a gravitational and attractive force to attract investment noting that investment fuels the economic activity, generates profit and unlocks the economic potential and feeds through jobs and prosperity for ordinary people for here in Nigeria and outside Nigeria.
Commending the United Kingdom’s commitment to attaining Climate Neutrality by 2050 and its progress in transitioning to renewable energy sources, the Chairman, Nigerian Exchange Group Plc, Alhaji (Dr) Umaru Kwairanga said, “NGX remains fully committed to further strengthening its existing relationship with the UK by fostering even stronger partnerships and collaborations.”
On his part, the Chief Executive Officer, NGX, Temi Popoola, noted that the U.K’s inputs and importance is evident across the verticals of the Nigerian capital market.
