October 09, 2018 6.15PM / Proshare WebTV
The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg today hosted the fourth edition of the NSE-Bloomberg CEO Roundtable on Tuesday, October 9, 2018 at Stock Exchange House, Lagos.
The event themed, “Reshaping the Nigerian Economy for Sustainable Growth: Leveraging the Fourth Industrial Revolution as a Catalyst for Advancement”, focused on the topical issues around the fourth industrial revolution and its implication for the Nigerian economy.
It brought together business leaders across multiple sector as well government officials to examine the present state of the Nigerian economy in light of the unfolding fourth industrial revolution and chart a way forward.
Speaking at the event, Oscar N. Onyema, Chief Executive Officer, NSE, said “This year’s edition of the CEO Roundtable is more forward looking, as it is designed not only to discuss frameworks for economic turnaround, but explore how to position the Nigerian economy for sustained growth”.
According to him “Today most of the world's developed economies have begun to adapt to the Fourth Industrial Revolution, which has integrated digital, physical and even biological technologies, with clear impacts on unlocking latent economic value, with far-reaching effects that have led to disruption of certain industries and creation of new ones.
“At the Exchange, we consider ourselves to be a forward-thinking securities exchange, and have since begun the advancement of our offerings with the assistance of technology. In 2013, we launched X-Gen, our next generation trading platform and catalyst for boosting trading in Africa. On the back of this, we introduced TradeSmart, a mobile trading technology that enables investors to conveniently buy, sell and monitor their investments”.Onyema said.
The NSE CEO shared that the exchange was exploring various areas to the market potential of key emerging technologies in order to deploy solutions which will achieve the following:
1.Empower a larger proportion of the populace to access the capital market
2.Unlock efficiencies in product and service delivery for capital market operators.
Panelists harped on using technology such as blockchain and cryptocurrency in other to bring more money in the market and provide access for people to participate the capital market.
They also made a strong case for the adoption of technology in businesses and the digitization of processes in the market.
The annual NSE Bloomberg CEO Roundtable is a platform that ensures continuous dialogue with key stakeholders and provides strategic solutions to economic issues for follow up implementation by The Exchange in its capital market advocacy role.