• Thursday, November 21, 2024
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Onyema, other CEOs of global securities exchanges to discuss capital markets in pandemic

Nigerian stock exchange remains resilient despite macroeconomic headwinds – Onyema

The Nigerian Stock Exchange (NSE) will on Wednesday June 10, 2020 host a special webinar on the impact of COVID-19 on the global capital market and the resilience of securities exchanges in supporting economies.

The webinar, themed, “Capital Markets in a Pandemic”, will feature a panel session to be headlined by the Chief Executive Officer (CEO) of NSE, Oscar N. Onyema; CEO, Luxembourg Stock Exchange (LuxSE), Robert Scharfe; CEO, London Stock Exchange (LSE), Nikhil Rathi; and CEO, World Federation of Exchanges (WFE), Nandini Sukumar, and moderated by notable Correspondent of Cable Network News (CNN), Eleni Giokos.

During the panel session, these high profile speakers will dimension the expectations and future of securities exchanges as they transition to the new normal necessitated by the COVID-19 pandemic. In particular, they will highlight key initiatives around business innovation and digital transformation of exchanges; investors’ protection strategies; capital raising opportunities; social bonds, and ESG considerations in product development; as well as global partnerships in a pandemic.

Read also: Olam set to deepen local rice production to curb post COVID-19 food crisis

“The COVID-19 pandemic has created unprecedented disruption in the global economy with varying degrees of volatility. Regardless, financial markets, particularly, capital markets around the world have shown resilience in supporting their economies. The NSE on its part has been resolute in its commitment to ensuring that there are no disruptions to its operations. With countries now gradually opening up and most economies resuming activity, it is important to sustain important dialogues around business innovation and partnership in order to capitalize on the opportunities presented in this challenging time. We are, therefore, pleased to create a platform to highlight the activities of exchanges in maintaining an enabling environment for stakeholders to continue to save and access capital during any crisis,” Onyema said.

​​This event is part of The Exchange’s thought leadership series designed to synthesize effective strategies that will enhance stakeholders’ experience in Nigeria and the world over. Since the activation of its Business Continuity Plan on 23 March 2020 which saw the transition to remote trading and working, the NSE has remained fully functional, delivering on its mandates to deepen market activity with new listings; engage its various stakeholders through ongoing virtual sessions, and perform its regulatory functions by providing a plethora of relevant guidance documents.​

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).

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