NSE Restates Commitment To Providing Access To Funding By Firms 

The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema, has restated the commitment of the exchange towards the provision of a platform for companies and other issuers to meet their strategic business objectives through access to funding and other services.

Onyema stated this during the ‘Facts Behind the Figures,’ presentation of Capital Hotels Plc, which was held virtually.

This marked the first virtual edition in the series since the exchange transitioned to remote trading in March 2020.

Speaking through the Head, Listing Business Division, NSE, Mr. Olumide Bolumole, the CEO said: “It is our pleasure to host Capital Hotels Plc and we commend the management for championing the maiden edition of this vital series given that the market is driven by timely, relevant and accurate information. “We recognise the efforts made by Capital Hotels Plc aimed at improving business operations and restoring investor confidence in the company despite the impact of the COVID-19 pandemic.

” At the exchange, we remain committed to providing a platform for the company and other Issuers to meet their strategic business objectives”, he said.

 According to him, in spite of the challenging business environment, Capital Hotels Plc has consistently delivered value to shareholders as evident in its dividend policy over the last three years and demonstrated by a final dividend of five kobo per ordinary share for 2019.