United Kingdom says it is still very active in the Nigerian capital market, with the latter being the second largest destination for investments and United Kingdom businesses in Sub-Saharan Africa.
This is according to the Deputy British High Commissioner, Ben Llewellyn-Jones.
Llewellyn-Jones said this at the Nigerian Exchange Limited’s virtual Closing Gong Ceremony to engage capital market stakeholders on Friday.
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The commissioner said, “It gives me great pleasure to be here today, especially given the shared history between the UK and the Exchange. History is always with us, in the sense that the UK is still very active in the Nigerian market, with Nigeria being the second largest destination for investments and UK businesses in Sub-Saharan Africa.
“My role is to not only celebrate that, but to grow, encourage and sustain this level of participation. Although it has been a difficult year economically, I am encouraged by the resilience, creativity and positive performance of British businesses and investments here in Nigeria and I am grateful for this opportunity to talk about how much the UK will continue to do to support Nigeria and British businesses in Nigeria.”
On his part, NGX Limited’s Chief Executive Officer, Mr Temi Popoola, said, “I am particularly pleased to be hosting the British Deputy High Commissioner, Lagos, Ben Llewellyn-Jones, as my first Closing Gong Ceremony in this NGX era. Since the birth of the Lagos Stock Exchange, the British High Commission has remained a partner and supporting institution throughout our journey. One of the recent shows of support was in our 2020 International Women’s Day celebration which was graced by Harriet Thompson, British Deputy High Commissioner as the special guest of honour.
“In the spirit of continued partnership, I welcome Mr Llewellyn-Jones to the NGX as I look forward to deepening the partnerships between both organisations to further drive sustainable economic development for Nigeria and Africa as a whole.”
The NGX Limited has expressed that partnerships are critical elements of its strategy at the Exchange and it would continue to engage stakeholders whose support is essential to the achievement of its aspirations in the recently announced NGX era.
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