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Leverage technology to boost services, NSE tasks operators

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By Peter Egwuatu & Blessing Oyakhire

The Chief Executive Officer, Nigerian Stock Exchange, NSE, Mr. Oscar Onyema, yesterday, urged market operators and the media to leverage technology for improved productivity.

Speaking on the role of the media in market data at the Nigerian Stock Exchange, NSE Data Workshop 2017, Onyema said: “Leveraging on the strides achieved in the maiden edition held in 2016, this year’s NSE Market Data workshop has been designed to provide participants with more insights into the importance of Market Data in making robust and informed investment decisions.

In his remarks as one of the panellists at the NSE Workshop, the Editor of Vanguard Newspapers, Mr. Eze Anaba, canvassed for synergy in the area of stock market data availability and accessibility to the media in order to achieve a robust capital market development in the country.

Speaking on the role of the media in market data, Anaba said: “Investors look at us (media) for market intelligence, but we have limited access to data to provide the needed information for investors to make investment decision.  Therefore, there should be a way that the NSE and other market operators should work closely to get the much needed data that will help investors take decisions that would further contribute to the development of the market and economy in general.”

 

 

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