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Monday, January 24,
2022 / 08:57 AM / by NGX / Header Image Credit: Ecographics
Nigerian
Exchange Limited, through its specialized learning hub, X-Academy, is pleased
to announce its partnership with the Centre
for International Private Enterprise (CIPE). Through this partnership, NGX
and CIPE aim to fill the capacity gap in corporate compliance expertise and
knowledge in the African business environment and to provide effective
resources to help local companies translate their corporate ethics commitments
to a robust system of compliance that ensures that they can conduct business
with integrity.
X-Academy
will work with CIPE to provide companies of all sizes across Nigeria with
practical solutions that will promote ethical business practices and make the
Nigerian corporate landscape safer for conducting business. Through workshops
and advisory services, participating companies in the program will be empowered
to proactively reduce opportunities for fraud and other malpractice across
their business processes.
Speaking
about the collaboration, Ms. Ugochi Obi, Head, NGX X-Academy, said, "As a
training hub contributing immensely to deepening knowledge across the capital
and money markets in Nigeria, we consider it imperative to avail businesses and
organisations with the appropriate training and tools that will help them
attain globally acceptable transparency and accountability standards, which
will, in turn, help them to attract global investment opportunities. To this
end, NGX has partnered with CIPE, an organisation that has the pedigree and
demonstrable track record of helping its stakeholders to navigate the often
complex terrain of regulatory compliance and entrench good governance practices
in their key activities - two key elements to actualise our goal".
Mrs.
Lola Adekanye, Senior Program Lead for Africa, CIPE, said, "We are thrilled to
have a critical stakeholder in Nigeria's business ecosystem join us to lay the
foundation to create a more transparent and attractive business environment.
Enabling compliance with sound business integrity practices is at the core of
attracting investment and boosting growth in the country. CIPE is pleased to
welcome NGX to the Africa Business Integrity Network (ABIN) and we look forward
to leveraging our individual strengths to embed ethics and integrity in the
business culture, and ultimately bring value to the Nigerian economy".
This
partnership will help galvanise business-led efforts to reduce the risk of
corruption, boost shared prosperity in an economically sustainable manner and
promote market-oriented values by advancing business ethics and integrity
principles in companies and across the business environment. It will also
enable the academy to deploy compliance and board evaluation consultancy for
organisations.
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