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NASD Launches Enterprise Portal

By Modupe Gbadeyanka
The management of NASD Plc last week formally launched the NASD Enterprise Portal (NASDeP).

The initiative is expected to improve the overall representativeness of capital flows in Nigeria, by promoting financial reporting, transparency, and corporate governance across board.

It will also ease the often prolonged due diligence process of private equity investors.

Business Post reports that the launch was well attended by key stakeholders from the Federal Government, Economy, Business and Capital Markets community.

Addresses and remarks were received from the Representative of the Director-General, Securities and Exchange Commission, Minister of Industry, Trade & Investments, Dr. Okechukwu Enelamah and the Chairman, House Committee on Capital Markets & Other Institutions, Mr Tajudeen Yusuf.

Other speakers at the event were Mr Ayo Bajomo (representing the Managing Director, Bank of Industry), Mr Adeshina Emmanuel (representing Nigerian Investment Promotion Council), Mrs Ayotunde Owoigbe (representing Banwo & Ighodalo), Mr Kunle Amida (representing PwC), Ifeyinwa Ugochukwu (representing Tony Elumelu Foundation), Mr Dipo Davies (representing Fate Foundation).

During the programme, the speakers noted the timeliness of this portal, and its relevance in driving economic growth and entrepreneurship in Nigeria.

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Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

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