Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


U.S. envoy lauds NSE’s performance

17 April 2014, 18:56

Lagos - The U.S. Ambassador to Nigeria, James Entwistle on Wednesday lauded the management of the Nigerian Stock Exchange (NSE) on its accountability and transparency standards.

Entwistle, who gave the commendation during his visit to NSE’s trading floor in Lagos, described the organisation as one of Nigeria finest institutions.

“The NSE is today one of Nigeria’s finest institutions and an increasingly important part of the Nigerian economy.

 “A healthy, well-run and well regulated stock exchange allows citizen shareholders to participate in Nigeria’s economic success.

“I therefore, want to applaud the leading role the NSE has taken in promoting high corporate accountability and transparency standards,’’ he said.

The envoy said the U.S. was ready to partner the Nigerian government in promoting policies that would lead to sustainable economic growth.

According to Entwistle, the partnership is also expected to improve trade relations between the two countries.

The envoy noted that companies like Dangote Group, Transcorp, Honeywell and Seplat had made remarkable growth in recent years.

“These firms are driving Nigeria’s economy forward. Their development is good for both Nigeria and the United States.

“They are creating opportunities for trade and investment that creates wealth, as well as promote job creation in the two countries,’’ he said.

Sam Ndata, the Doyen of NSE, called on the U.S. government to assist in the development of the market.

Ndata said the market would need the partnership of the U.S. government to fully realise its objectives.

He urged Entwistle, to use his office to invite President Barrack Obama, to visit the NSE in Lagos.

-  NAN

For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.



Read News24’s Comments Policy

Comment on this story
1 comment
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...