Discourse on Deepening the Nigerian Capital Market

Proshare

Tuesday, September 11, 2018/ 05.15 PM / Proshare WebTV

 At a recent forum Dr Tayo Orekoya President/CEO of the Pearl Awards shared his perspective on deepening the Nigerian Capital market. 

He said, “The truth is that Pearl Awards can only ensure to maintain the standard that we have, So that there could be healthy competitiveness among core tech companies. 

Also, “the companies will aspire to outdo one and other objectively, reasonably and we do what we keep doing by rewarding excellence, then shareholders wealth will be first”. Said Dr Orekoya 

He noted that Pearl Awards would continue to make suggestions to government on macroeconomic policies. 

The CEO opined that due to the economic and political issues related to the election year, definitely there will be uncertainties and up until the end of this year and next. But for us we will do what we have to do and I can see it in the new board that we are actually going to try to take these beyond, like we want to see the African continent as our playing field. 

The President explains further that, one of the reasons why the members of the new board have been chosen is to drive that initiatives, to see the continent of Africa actually being better economically. 

In an interview with Dr Tayo Orekoya President/CEO of the Pearl Awards, he said the solution to provide to companies that are not performing well is to start from providing a level playing ground, providing infrastructure, and ensuring that companies are able to compete with other organizations. 

He noted that the cost of doing business in Nigeria is extremely high, in other to improve on the Ease of Doing Business, the small and medium scale companies must operate at level that can be profitable, compete internationally and globally, so the government and the regulatory authorities have a lot to do in terms of sustainable and  stable macroeconomic policies.

Proshare Nigeria Pvt. Ltd.

 

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Proshare Nigeria Pvt. Ltd.

Discourse on Deepening the Nigerian Capital Market

 

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