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UK - Nigeria to strengthen trade and investment ties

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July 2019
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Thursday, 05 July 2018

UK - Nigeria to strengthen trade and investment ties

Armed with the objectives of advancing the ties and fine-tuning trade opportunities existing between the United Kingdom and Nigeria, Charles Bowman, Lord Mayor of London embarked on a three-day visit which ended at the Nigerian Stock Exchange (NSE) on Thursday. During his visit to the NSE, Bowman said the meetings he’s had over the last three days with business and government leaders have been to build financial partnerships between Nigerian and London. The visit is a move to further cement the long robust relationship between both countries. The Mayor had earlier hinted that his visit would highlight how London’s booming FinTech sector can partner with Nigerian businesses of the future. Expressing delight at his meeting with emerging business leaders of Fintechs such as Paga, Flutterwave, among others in Yaba on Wednesday, Bowman said, “you have got some extraordinary talent bursting out, which is a great success story. Bowman explained that in the UK following the global financial crisis, growth in the sector was based on a strategic direction supported by the government, a healthy regulatory environment and good private investments, which he said has helped in really growing the hive of expertise London has now. “A large part of the expertise is the Fintech services and as we move forward the financial services are gaining from it, it is largely about collaboration, and that sense of collaboration between this great country and our own, I see as a huge opportunity, ” he said.

Source: businessamlive.com