NIM Lauds NSE, Seek Collaboration on Capacity Building

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Nigerian Institute of Management (NIM) has commended recent progressive strides by the Nigerian Stock Exchange (NSE), in its contribution to the development of the nation’s economy.

The top management and staff of NIM led by their President Dr. Nelson Uwaga made this known on a visit to the NSE in Lagos. The visit was aimed at fostering a collaboration between the two bodies.

Uwaga, the 19th President of the NIM expressed his excitement at the proposed partnership which had been in the pipeline since last year.

He praised the new Stock Exchange in its strides and achievements and expressed optimism in the collaboration which he foresees as a bridge towards further economic development. He stated that: “We have quite a lot in common, here at the Nigerian Stock Exchange (NSE), we find people who are highly intellectual and contribute to the development of this country. With the current Stock Exchange, the development of the economy is assured.”

Sam Willie Ndata; a Doyen of the Nigerian Stock Exchange (NSE), urged the Nigerian Institute of Management (NIM) to extend their tentacles of training Executives in blue chip companies to companies that are presently struggling on the floor of the Nigerian Stock Exchange (NSE).

Dr. Uwaga noted that for the companies that are not doing well, NIM can always offer customised training to them, because success of any organisation boils down to good management, discipline and capacity building of which the Institute has.

In closing, Executive Director, Market Operations and Technology, NSE;Mr Ade Bajomo expressed their willingness to the partnership. “We look forward to collaborating in areas where we have interest in terms of building managerial capacity to grow the businesses in Nigeria and to enhance corporate governance in the country as well”, he stated.

NIM is notable for training of top company executives and alliance with the Nigerian Youth Service Corp (NYSC) used the closing ceremony on the trading floor to announce the prospective partnership between the Institute and NSE.

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