NSE Targets Diaspora Investors with Forum

In keeping with its mandate of promoting and influencing the economic growth and development of Nigeria, The Nigerian Stock Exchange (NSE) has concluded plans to organize its first investor forum for Nigerian Diaspora.

The forum which is expected to take place on Monday, January 19, 2015, at Hilton Zurich Airport Hotel, Switzerland, is targeted at Nigerian Diaspora in Switzerland and across Europe.

Mr. Oscar N. Onyema, chief executive officer of The NSE, explained that the Exchange recognizes Nigerian Diaspora as a rich resource with unlimited investment potential. “Diasporas present wonderful opportunity to help the development of the Nigerian economy by investing through The Nigerian Stock Exchange, as they can help attract sufficient and stable access to international investment. The main objective of the forum is to facilitate portfolio investments and inspire Diaspora-led investment for sustainable economic growth, by encouraging the Diaspora to actively participate in investment efforts in the Nigerian capital market”.

Onyema added that the forum will impress upon the Diaspora that there are attractive opportunities available in the Nigerian stock market for them to make investments. “We have the companies that can help to grow wealth, as well as give businesses and owners the capital they need to continue this growth”.

According to Mr. Bola Adeeko, head, Corporate Services Division, NSE, the event is in collaboration with the Embassy of Nigeria, Switzerland, Nigerians in Diaspora Organization (NIDO) and Capital Bancorp Plc. He noted that the forum which will be hosted as a side event to the 2015 World Economic Forum (Davos), in Zurich, Switzerland, will provide a platform for participants to constructively engage in capital market issues and gain an in-depth understanding of capital market investments options, challenges and opportunities.

Economic Outlook for Nigeria in 2015, investment opportunities in Nigeria’s capital market, investor protection efforts by The NSE, capital market cycles and asset balancing through diversification are some of the topics that will be addressed.

Mr. Olusegun Aganga, minister of trade and investment  is expected to give a keynote address at this forum.