Invest in Nigeria (Beijing) Forum 2014 Concludes Successfully
Invest in Nigeria (Beijing) Forum 2014, jointly organized by the Nigerian Stock Exchange, University of International Business and Economics (UIBE), China-Africa Business Council (CABC), China International Entrepreneurship Network of UIBE and J. Streicher & Co. LLC (JS), a market maker on NYSE, concluded successfully in Beijing China World Hotel on December 5, 2014.
Over 120 delegates from China, Nigeria, the USA, Australia and Singapore attended the forum during which Nigerian Ambassador H.E. Mr. Sola Onadipe and Mr. Cao Jiachang, the Deputy Director General of Western Asian and African Affairs Department of Ministry of Commerce of China delivered keynote speeches. Representatives of China Investment Corporation, China Development Bank, China-Africa Development Fund, China CITIC Bank, China-Africa Lekki Investment Ltd., China National Technical Import and Export Corporation (CNTIC), China International Chamber of Commerce for the Private Sector (CICCPS), Chinese Research Society of African Affairs as well as other financial and investment institutions, associations and enterprises participated in the forum.
After Singapore and Hong Kong, Beijing is the third and last stop of the Nigerian Stock Exchange’s Asia Roadshow. Nigeria highly values Chinese investors and the cooperation with China. This high level delegation comprises dozens of people, including officials of Federal Ministry of Finance, Nigerian Investment Promotion Commission and Securities and Exchange Commission, and senior managers of Nigeria’s banks, Stockbrokers, investment banks and listing companies.
Consisting of three sessions, namely Nigeria-China Partnership Opportunities, Investment Opportunities in the Nigerian Capital Market and Investing in Nigeria: Essential Steps, the forum provided a detailed introduction of Nigeria’s business climate, investment overview, preferential policies, stock market and listing companies. It aims at promoting Nigeria, establishing a new platform for deepening comprehensive cooperation between China and Nigeria, expanding dialogue and exchanges, and facilitating the two countries’ cooperation on finance, investment, trade, etc.
Nigeria is a resource-rich country, Africa’s largest oil producer and most populous country with 180 million people. As an emerging country, Nigeria has a large market, strong purchasing power, and is becoming a middle-income country. Thanks to its considerable oil income and large population, Nigeria is regarded as the Giant of Africa and has great development potential.
Source: China-Africa Business Council (CABC)