The Nigerian Stock Exchange (NSE) has emerged the ‘Most Innovative Stock Exchange in Africa 2016’. The award was presented to NSE by The Business Year (TBY) Magazine on Monday at the Stock Exchange House, Lagos.
According to a statement by NSE and made available to the Nigerian Tribune on Monday, The Business Year Magazine Awards recognize different categories of players who have shown exemplary leadership, innovation, and entrepreneurship. These include stock exchanges, socially responsible companies, regulators, listed companies, investment banks, stockbroking companies, research teams and fund managers.
According to Andrea Bernaldo de Quiros, Country Manager Nigeria, TBY magazine “the Most Innovative African Stock Exchange in Africa award was given in recognition of NSE’s success in enhancing investor experience and transforming Nigerian market dynamics through the deployment of advanced technologies, innovative trading capabilities, and a new trading platform.”
Speaking on the award, Mr. Oscar N. Onyema, OON, Chief Executive Officer, NSE said, “We consider it an honour to be named the Most Innovative Stock Exchange in Africa. This 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”.
This award brings to three the number of awards received by the NSE so far in 2016. It was first named the 2016 Employer of Choice in the under 1,000 Employees category by the HR Peoples Magazine. Then received the “Corporate Achievement Award to a Financial Institution” at the inaugural annual Financial Literacy Excellence (FILEX) Awards.