NGX Chairman Calls for Deeper Nigeria-UAE Market Ties Ahead of Dangote Refinery IPO

Dr Umaru Kwairanga, Group Chairman of the Nigerian Exchange Group, has urged stronger collaboration between Nigeria and the UAE’s capital markets. During a visit to the Abu Dhabi Securities Exchange, he discussed knowledge sharing, product development and cross-border listings to boost integration between Africa and the Middle East. Kwairanga highlighted Nigeria’s market growth, noting that capitalisation and the benchmark index have more than doubled. He also revealed plans for roadshows and a possible dual listing for the upcoming Dangote Refinery IPO. He pointed to Federal Government economic reforms and initiatives like the African Exchanges Linkage Project as drivers of renewed investor confidence and future partnerships.

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