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The Chairman of the Nigerian Exchange (NGX) Group, Alhaji Umaru Kwairanga, has emphasized the importance of fostering strong economic ties between Nigeria and the United States.
Speaking at the maiden 2026 US-Nigeria Council dinner held at Eko Hotel in Lagos, Kwairanga highlighted the potential for mutual benefits in areas where the interests of both countries intersect.
Kwairanga further expressed his organization’s interest in facilitating closer ties between Nigerian and US companies.
He noted that genuine partnerships with strong organizations and leading countries guarantee access to capital, resources, and markets, which are essential drivers of growth for listed companies.
The NGX Chairman emphasized the role of bodies like the US-Nigeria Council in fostering good relationships between Nigerian and American business entities.
He extended an invitation to the Council to visit the trading floor of the Nigerian Exchange at an appropriate future date to discuss areas of cooperation between the two organizations.
Kwairanga’s remarks underscore the Nigerian capital market’s potential for growth and its desire for increased collaboration with international partners. In recent times, the NGX has been working towards strengthening its market and attracting more foreign investment.
Key Takeaways:
- Economic Cooperation: Kwairanga emphasized the potential for mutual benefits in areas where the interests of Nigeria and the US intersect.
- Partnerships: He highlighted the importance of genuine partnerships with strong organizations and leading countries in driving growth for listed companies.
- Market Growth: The NGX Chairman expressed optimism about the potential for growth in the Nigerian capital market.
