BREAKING NEWS

    Chief Executive Officer of Nigeria Stock Exchange has a Soothing Enticement in the Oil and Gas Sector

    Posted On 03 Aug 2020
    By :
    Comments: 20

    By Abdul Rahman Bangura–

    Nigerian Stock Exchange
    Photo Credit: The Free Zone Channel

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– The Chief Executive Officer of Nigerian Stock Exchange (NSE) – Oscar Onyema has asserted that, domestic investors are placid inclined to influence the Oil and Gas Sector. Nonetheless, Onyema pointed out that, the sector would proceed to tolerate outward tension throughout 2020 due to the Novel Coronavirus (COVID- 19) pandemic.

    The NSE Chief – Onyema enunciate at the Seplat Energy Summit 2020 with the theme: “Business Sustainability and Strategic Leadership in Africa,” where symposia were held on contributing useful understandings on the demanding circumstances on the function of energy systems by way of building a tolerable African economies. The first occurrence wielded basically on July 30th, 2020 had in attendance government officials, top and self regulatory organizations, capital market operators, investment bankers, policy makers, chief executive officers (CEOs), economists, researchers, analysts, academics, and private equity firms.

    New Africa Business News
    Africa’s Fastest Growing Global Newspaper. Forward www.newafricabusinessnews.com

    In addition, Oscar Onyema clarified that, the universal tempo of development and the passion of the trade adversities between the US and China would proceed to be a determine facets for enterprises. Erstwhile Director General – Arunna Oteh of Securities and Exchange Commission (SEC) – Arunma Oteh, raised a question on how to finance the Energy Sector in the African continent, energy companies to rigorously optimize their cash flow by strict cost cutting, but also rationalization investment portfolio. “They should try and divest non-performing assets, optimize investments in merge and acquisitions and explore other financial structures,” Oteh let out. Roger Brown, incoming CEO of Seplat, noted Africa as a continent required to build a base load for which it can build from and drive its gas agenda, which Nigeria can lead through renewable energy.

    Relating probability from government, that will allow Nigeria play a prominent role, Brown stated the government should subsidize oil firms through partnerships in joint venture agreement, better support in striving marketings and endorsements and obvious legislature.

     

     

    Invest in Modern Africa
    Africa Fastest Growing Continent. Six of the World’s Ten Fastest Growing Economies are in Africa. More than Half of Global Population Growth between now and 2050 is Expected to Occur in Africa. This Decade Belongs to Africa as Technology Ripples through the Continent. Africa the Untapped Market. Africa Great Continent to Invest & Grow Business. Africa the Last Frontier for Investment. Africa is the Future.

     

    New Africa Business News Person of the year 2020
    Start Voting for New Africa Business News Person of the year 2020. Nomination Starts July 04 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 50 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. New Africa Business News Person of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

    AFRICAN CONTINENTAL FREE TRADE AREA (AfCFTA)
    Accelerating Intra-African Trade and Boosting Africa’s Trading Position in the Global Market by Strengthening Africa’s Common Voice and Policy Space in Global Trade Negotiations. For More Information Contact: African Union Headquarters, P.O. Box 3243, Roosvelt Street W21K19, Addis Ababa  Ethiopia, Tel: +251 11 551 77 00  Fax: +251 11 551 78 44.

     

    Africa President of the year 2020
    Start Voting for Africa President of the year 2020. Nomination Starts February 01 & Ends December 15/ 2020. Please Submit your Nominee’s Name, Country, Brief Reason for the Nomination. Please Limit Submission to 50 words and One Submission per Person. Email all Nomination to info@newafricabusinessnews.com. Africa President of the year will be Announced January 01/ 2021. New Africa Business News. Africa’s Most Read and Fastest Growing Global Newspaper.  www.newafricabusinessnews.com 

     

    HELP FIGHT CLIMATE CHANGE
     United Nations Environment Programme (UNEP) Leading Global Environmental Authority that Sets the Global Environmental Agenda, Promotes Coherent Implementation of the Environmental Dimension of Sustainable Development within the United Nations System, and Serves as an Authoritative Advocate for the Global Environment.  Visit:  www.unenvironment.org  

     

     

    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

    Facebook: newafricabusinessnews.com

    Email: Info@newafricabusinessnews.com

    AFRICA’S MOST READ AND FASTEST GROWING GLOBAL NEWSPAPER – www.newafricabusinessnews.com

    About the Author
    New Africa Business News Staff Correspondent
    1. Precious August 3, 2020 at 1:27 am Reply

      Stock exchange is another way to finance the Energy Sector in the continent. Thanks for reporting. Benin City Nigeria. Precious

    2. Olabisi August 3, 2020 at 1:40 am Reply

      Thank you for reporting to this issue. Each of our countries should have Stock exchange markets. So our people can own piece of the continent’s businesses. It would lift many of us from poverty. Olabisi in Abuja Nigeria.

    3. Grace August 3, 2020 at 2:14 am Reply

      Thank you for signing me to your newsletter. Toronto Canada. Grace

    4. Molly August 3, 2020 at 2:18 am Reply

      Bangura thanks for reporting. I really enjoy reading your reports. Molly in Lagos Nigeria

    5. Oputa August 3, 2020 at 2:42 am Reply

      Is time and timing is everything for our countries in the continent to have stock exchange markets in each of our countries. Time for our citizens to buy stocks and own piece of our businesses. Love your great newspaper. Oputa in Abuja Nigeria.

    6. Imane August 3, 2020 at 3:09 am Reply

      Thank you for your reports. Fan of new Africa business news. Great reporting. Rabat Morocco. Imane

    7. Molly August 3, 2020 at 3:18 am Reply

      Stock Exchange is great idea. The market will determine buying piecee of companies. It could also help raise money for new business ideas. African great way. Molly in Nairobi Kenya

    8. Jendyose August 3, 2020 at 3:25 am Reply

      Lets get Stock Exchange markets all over Africa. Let us write our destiny and create great future for our Continent. Kampala Uganda. Jendyose

    9. Lethabo August 3, 2020 at 3:32 am Reply

      Just to say some of our countries in the Continent do have great Stock Exchange markets. But I think all our Countries should have Stock Exchange markets. So our Citizens be able to buy and sell stocks. Thank you for reporting. Johannesburg South Africa. Lethabo

    10. Yolan August 3, 2020 at 3:38 am Reply

      Yap, let get Stock Exchange markets all over and make us all easy to trade stocks. African way. Yolan in Lusaka Zambia

    Leave a Reply

    *

    Facebook

    Latest Posts

    The Chief Executive Officer of National Elections Watch (NEW) of Sierra Leone urged for Patience with the Public on Current Rarities in the ongoing Voter Registration Process

    Upon the Consent of the Board of Directors of Herritage Bank Plc and Central Bank of Nigeria Akinola George Taylor has been Promoted as Acting Managing Director for the Heritage Bank Plc

    Ghana Signs MoU With African Trade Insurance Agency to Increase Access to Utility

    Contact Form

    1. Name *
      * Please enter your name
    2. Email *
      * Please enter a valid email address
    3. Message *
      * Please enter message
    Copyright 2019 New Africa Business News, Inc. A Global International Company, Inc. All Rights Reserved.