BY JONAH NWOKPOKU

The Nigerian Stock Exchange, NSE and Nigerian Institute of Management, NIM have commenced negotiations for a capacity building partnership for all operators in the Nigerian Stock Exchange. This was made known when the President and Chairman in Council, NIM Dr. Nelson Uwaga paid a courtesy visit to the Chief Executive Officer of NSE, Mr. Oscar Onyema in Lagos.

The NIM boss said the institute is desirous of running collaborative customised courses with the Exchange for the management staff of all listed companies and that NIM is equally soliciting the Exchange to support NIM by marketing its sundry local and foreign training programmes to listed companies. He said: “The Institute requests the Exchange to encourage the management staff of its listed companies to take up partnership of NIM by recommending the possession of the Institute’s professional management certificate as a prerequisite for the purpose of employment and promotion to certain managerial positions in listed companies.

“The Institute is willing to organise an accelerated membership training programme for members of staff of listed companies. Thereafter, the beneficiaries will be admitted into the institute’s membership through a special induction programme.” He added: “As part of the collaborative arrangement between our organisations, the NIM will support the Exchange by encouraging the unlisted companies to get listed with the Exchange knowing the huge benefits.

The institute is willing to sign memorandum of understanding with the Exchange to cover all areas of proposed collaboration.” In response, the CEO of NSE, Mr. Oscar Onyema said: “This visit is very relevant to us. We look forward to collaborating in areas where we have common interest in terms of building managerial capacity to grow the businesses in Nigeria and enhance corporate governance as well.