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Tinubu Rings NASDAQ Closing Bell, Urges Investment In Nigeria ‘Without Fear’ 

Excerpt: “You’re free to take in your money and bring out your money. I count on you to invest in Nigeria.”

Nigeria President Bola Tinubu on Wednesday marked the end of trading at the National Association of Securities Dealers Automated Quotations (NASDAQ) Stock Market, in New York, United States (US), by ringing the closing bell.

This event was a significant component of the Executive Business Dialogue, a collaborative effort between the United States Chamber of Commerce, Nigerian Exchange Group Plc, and the Nigerian Investment Promotion Council.

Tinubu, prior to ringing the bell, stated, “It’s a great honour for me to be here. I am happy to bring Nigeria to your doorsteps and honoured that we’re here today with a bubbly market that will evolve in the West Africa sub-region.

“The greatest economy is Nigeria, there is an immense opportunity in Nigeria that you can invest your money without fear.”

He mentioned that his government has addressed numerous impediments, eliminated corrupt subsidies, and adjusted the exchange rate to a stable and trustworthy level, allowing the Naira to fluctuate freely in the market.

“You’re free to take in your money and bring out your money. I count on you to invest in Nigeria,” he added.

Scott Eisner, the president of the US-Africa Business Center, conveyed his optimism about the fresh trade connections and collaborative partners established within the chambers. 

He also expressed eagerness for the chambers to participate in shaping the future of the relationship between the US and Nigeria.

He said, “At the chamber, we stand for small and medium-sized enterprises, the actual pillar of what Nigeria is built on.

“With the president’s vision and his compassion for those that are investing in his community, I think we share in a very bright future to achieve everything that he and our country have in the future.”

The US Chamber of Commerce, on September 11, had extended an invitation to President Tinubu, inviting him to participate in the ceremonial act of ringing the closing bell at NASDAQ.

The bell-ringing event with Tinubu took place in conjunction with the 78th session of the United Nations General Assembly (UNGA).

NASDAQ, a prominent stock exchange, stands as the most active trading platform in the US in terms of trading volume and is the second-largest market by market capitalization, following the NYSE.

Frances Ibiefo

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