Oscar N. Onyema, CEO NGX Group has been recognised by the West African Securities Regulators Association (WASRA) for his contribution and support in shaping the integration of capital markets in the region and for being the first Chairman of the West African Capital Markets Integration Council (WACMIC).

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Onyema was given the recognition at the recently completed West Africa Capital Market Conference held in Lagos on the 25th and 26th of October 2023. The Group CEO of NGX Group was the President of the African Securities Exchanges Association (ASEA) between 2014 and 2018. During his tenure as the pioneer chairman of WACMIC, he led the design of the journey map for Phase 1 to 3 of capital markets regional integration.

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This period also saw the council securing funding partnership with African Development Bank (AfDB) for the project. The Phase 1 sponsorship access was implemented, and the first cross border transaction happened during his chairmanship.

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As the Chief Executive Officer of Nigeria Stock Exchange (NSE), Onyema is also credited for his leadership role in the transition of the Exchange into a demutualised, for-profit entity limited by shareholding from its previous mutual, limited by guarantee structure.

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By Iheanyi Nwachukwu • October 30, 2023

Iheanyi Nwachukwu, is a creative content writer with almost two decades journalism experience writing on banking, finance, capital markets, and tax. 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). Other trainings Iheanyi attended include: Economic/Political Risk Analysis (By Thomson Reuters Foundation); International Financial Journalism (IFJ) (By PMA Media Training, UK); Effective Business Writing Skills (By Phillips Consulting); Reporting on Corporate Governance (By International Finance Corporation (IFC) & Thomson Reuters Foundation UK); etc. In addition, he has participated in high-level economy & markets events in Dubai, South Africa, Morocco, and other African countries like Zambia, Ghana and Gambia.

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