By Michael Eboh
As part of efforts aimedÂ at assisting the Nigerian capital market to attain full recovery to sustain its pivotal role in the nationâ€™s economic development, The Nigerian Stock Exchange (NSE) has concluded arrangements to host the Chief Executive Officers (CEOs) of all its quoted companies.
According to a statement by the spokesperson of the NSE, Mr. Sola Oni, the meeting tagged â€œThe Nigerian Stock Exchangeâ€™s Town Hall Meeting with Chief Executive Officers of Quoted Companiesâ€ is scheduled to hold Tuesday, July 7, 2009 at the premises of the NSE.
He disclosed that the forum is designed to help stakeholders examine the current economic climate, especially as it affects the capital market; taking into consideration their effects on the various stakeholders in the market.
He noted that the Director-General/CEO of the NSE, Professor (Mrs.) Ndi Okereke-Onyiuke, would brief the chief executives on current trends in the market with special emphasis on the NSEâ€™s critical success factors.
He said, â€œThe forum would provide a top level interactive session whereby CEOs would discuss the efforts being put in place to improve shareholder value. It is also expected to strengthen the relationship between The NSE and listed companies.Â In recent time, The NSEâ€™s performance indicators have been rising while investorsâ€™ confidence is also on the upswing. This has been largely due to impressive corporate performance and the NSEâ€™s dynamic risk management approach, among others. As the market has embarked on effective path to full recovery, captains of industries should come together to harmonize their thoughts on the short, medium and long term measures needed to reposition the market for its historic role as the heart beat of Nigeriaâ€™s economy.