Nigeria's Minister Of Finance Kemi Adeosun Opens London Stock Exchange. {Photos}

Kemi Adeosun, minister of finance, on Friday opened the London Stock Exchange (LSEG) to celebrate the business ties between Nigeria and UK, while promoting the 3rd ‘London and Lagos Capital Markets in Partnership’ conference.

The minister, who was joined by Greg Hands, a member of the UK parliament and the UK minister of state for international trade, said Nigeria is good for business...


Adeosun, who explained how Nigeria intends to fund its budget deficit, said Nigeria’s low-interest lending rate remains on course. She said the country has a headroom for borrowing, since it has a low debt-to-GDP ratio.

Speaking on Nigeria, Hands said: “I know from my own time in Nigeria that the UK and Nigeria have long enjoyed a close and prosperous business relationship.

“The UK is one of Nigeria’s largest investors and the government is committed to boosting trade between our two countries.

“We are actively helping British companies export to Nigeria and Nigerian businesses to locate and expand in the UK. I welcome this initiative as a further step to deepen the commercial links between our nations.”

Amina Mohammed, minister of environment, gave a keynote address discussing the Nigerian government’s green agenda.

The event, hosted in collaboration with the Nigerian Stock Exchange (NSE), was attended by senior Nigerian policymakers, including Chinelo Anohu-Amazu, director-general, Nigerian Pension Commission; Oscar Onyema, chief executive officer of the Nigerian Stock Exchange (NSE); and Roger Brown, CFO of Seplat Petroleum.