Business
NSE Leads 15 Nigerian Firms To London Expo
The Nigerian Stock Exchange (NSE), last Friday said that 15 companies and some capital market operators would participate at the African and Caribbean 2012 Business Expo in London.
Exchange said that the Expo scheduled for Aug. 4 to Aug. 9 would afford the companies opportunity to showcase their potential to a global audience.
The Exchange in a statement said that the on-going London Olympics remains a veritable window for marketing quoted Nigerian companies.
The Expo which is a key business related event at the Olympics is organised by Urban Inclusion and Regenfirst,in collaboration with the African and Caribbean Chamber of Commerce and Enterprise(AACBE).
According to NSE, the Expo would provide participating companies the opportunity to exhibit their products, services, and investment opportunities in Nigeria as well as correct some negative impressions about the nation.
Mrs. Taba Peterside, , , General Manager and Head of Listings Sales & Retention, NSE, said “We are extremely excited about coming to London for the African and Caribbean Business Expo.
“At a time when Africa and Nigeria in particular are attracting so much global business interest, the Expo is a wonderful opportunity for The Nigerian Stock Exchange to showcase itself and a selection of its top listed companies and member stockbroking firms.”
She said that it would give listed companies, stockbroking firms and the Central Securities Clearing System (CSCS) the opportunity for networking with potential clients, investors, and partners. “
Peterside said that the Nigerian brand faced a number of hurdles that create issues for domestic products, but argued that “the first challenge is to confront and overcome the perceptions that exist in the minds of people outside Nigeria. “
Mrs Emem Ekong, Managing Director of the AACBE, said that the expo will enhance economic dialogue between African countries and the rest of the world at the Olympics.
She said the intention to market Africa brand beyond the general perception of war and poverty.
Ekong said that Nigeria’s huge market could tap from the Olympic platform on profits and goodwill repatriation.
“Only 1.2 per cent of Black businesses participate in UK based export, and outward missions compared to 14.6 per cent of their white counterparts.
“This project aims at addressing this gap and also recognises the importance of skills and knowledge transfer exported by Diaspora community,” she said.
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