The Nigerian Stock Exchange has been named the African Regulator of The Year at the 6th African Business Leadership Forum & Awards which took place on July 25, 2015 in London, United Kingdom (UK). The Exchange was also presented with a Special Commendation Award by the US Georgia Legislative Black Caucus.
According to the organisers of the award, African Leadership magazine, UK, this award is being conferred on The Nigerian Stock Exchange for its effective regulatory policies and programs implemented across national, regional and international levels which have encouraged actions beyond compliance with applicable laws. “We at African Leadership Magazine UK, recognize your efforts in enhancing stakeholder’s engagement while contributing to the growth of the National and Regional brand through practical impact on the people. Your unflinching passion for creating a reliable, efficient and an adaptable exchange hub in Africa cannot be overemphasized”.
Recipients of the award emerged from a survey of over 480,000 readers and fans who were asked to nominate their outstanding business leaders and institutions.
Commenting on the award, the Chief Executive Officer, NSE, Mr. Oscar N. Onyema, OON said, “This award is a strong affirmation of the audacious reforms we have been implementing to create a fair and orderly market that inspires the trust and confidence of domestic and foreign investors.
“The journey has brought about major reviews of our governance, market structure and operations to create a stronger regulatory environment whilst implementing innovations required for delivering a robust, efficient and sustainable capital market. We thank the African Leadership magazine for following our success stories; according us this great recognition and my profound gratitude goes to the great team at The Nigerian Stock Exchange, who are making significant contributions to the development of the Nigerian capital market and Africa at large”.