February 3, 2023

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NGX, US Consulate to accomplice on driving commerce, bilateral investments


America Consulate and Nigerian Trade Restricted (NGX) have agreed to collaborate on boosting investments and commerce between Nigeria and the US.

The US Consul Basic, Mr Will Stevens, who disclosed this in his remarks on the Closing Gong Ceremony held to commemorate his courtesy go to to NGX stated that the US is dedicated to facilitating its strategic pursuits of which growing US investments to Nigeria; Nigerian investments to the US; and commerce between the US and Nigeria is paramount.

“It’s an honour and I’m very excited to be right here at this time. Our purpose is to work with the Trade to create transparency and accessibility for Nigerian firms to worldwide traders. I’m wanting ahead to doing every little thing I can to extend commerce between our nations, US investments in Nigeria, and Nigerian investments within the US,” he added.

The Chief Government Officer, NGX, Mr Temi Popoola on the occasion, famous that the longstanding relationship between the US Mission and NGX over time, underscoring the crucial function the Consulate performs in driving the cooperation and assuring the Consul Basic of NGX’s dedication to its sustenance.

He stated, “The US Consulate performs a commendable function in driving sustainable investments in Nigeria’s know-how, agriculture and vitality sectors by way of strategic partnerships with American corporates and traders which have considerably aided Nigeria’s financial progress and additional entrenches the significance of sustaining our cooperation. NGX, by way of our function as a frontrunner for sustainable finance and enterprise practices for the Nigerian capital market, will proceed to champion initiatives that stir the ecosystem alongside the trail to realize financial restoration and inclusive growth.

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Popoola said that NGX is eager on exploring avenues by way of which it could possibly be the purpose of contact between Nigerian traders seeking to entry the US market and US institutional and retail traders eager to strategy the home market.

“NGX is effectively positioned to leverage its partnerships for personal sector advocacy, constructing capability of market gamers, technological progress and digital transformation of markets.”

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