Induction: NGX charges brokers to uphold ethics, embrace learning

Nigerian Exchange Limited (NGX) has encouraged its newly inducted brokers to continue to uphold the high standard of ethics in the capital market and embrace a culture of continuous learning to keep up with the fast pace of developments and innovation in the financial space.

At the induction ceremony for the 91 newly authorised dealing clerks held at the Exchange Friday, the Chief Executive Officer NGX, Mr Temi Popoola while delivering his opening remarks, advised the newly inducted brokers to be advocates of integrity and impeccable character, with the penchant to place the market first in their decision making.

Stating that NGX had enforceable rules, he noted that the Exchange had signed a Memorandum of Understanding with the Economic and Financial Crimes Commission (EFCC) in the bid to implement its zero-tolerance policy on infractions.

Emphasising NGX’s technological drive, Popoola said, “Technology is increasingly going to drive our business operations and activities going forward. Over the years, The Exchange has demonstrated its readiness for the digital transformation as evinced by our seamless transition to virtual trading following the incursion of the COVID-19 pandemic.

“Our trading platform and real-time data service remains a game changer in the capital market. Through these platforms, we have improved market order flow, sustained increase in the number of trades, provided high availability and enabled direct market access and remote trading.”

He urged the inductees to embrace a culture of continuous learning and take advantage of NGX’s specialised learning platform, X-Academy to gain more knowledge and maximise opportunities to stay up to date on market developments.

Army promotes 122 senior officers

The Army Council has approved the promotion of 122 senior officers to

senior officers to the ranks of Major General and Brigadier General in recognition of their meritorious services to the nation.

The promotion, comprising 52 brigadier generals to the rank of major general and 70 colonels to the rank of brigadier general respectively, was approved at the council’s sitting on Thursday.

The Director, Army Public Relations, Onyema Nwachukwu, made this known in a statement on Friday in Abuja.

According to Nwachukwu, among those promoted to the rank of Major General are AA Ayanuga of the Department of Army Transformation and Innovation and BrEH Akpan of Theatre Command Operation HADIN KAI.

Others are NM Jega of the Defence Headquarters, JO Ugwuoke of the Department of Army Logistics, PAO Okoye of the Department of Army Operations.

They also include EF Oyinlola of the Department of Special Services and Programmes; AA Adekeye of 21 Special Armoured Brigade, AE Edet of the Nigerian Army School of Electrical and Mechanical Engineers and AB Mohammed of Army Headquarters Operations Monitoring Team.

Also promoted are the Commander Guards Brigade, Muhammed Usman, as well as IM Abdullahi of Headquarters 35 Brigade, AO Agboola of the Department of Army Training and EE Emekah of the Nigerian Defence Academy.

They also include HE Nzan of the Department of Army Standards and Evaluation, LA Lebo of the Department of Army Training, UT Otaru of the Nigerian Army School of Supply and Transport

and AU Obiwulu of 1 Base Workshop, amongst others.

Nwachukwu said that some of the colonels elevated to the rank of brigadier general are, AO Ajagbe, JO Ogbobe, MG Hammawa, SS Bello and SOG Aremu.

They also include NG Mohammed, OI Odigie, CA Osuagwu, MO Eteng and ED Idima amongst others.

“The Chief of Army Staff, Lt.-Gen. Faruk Yahaya congratulates all the promoted officers and their families.

“He has also charged them to remain focused, selfless and loyal in their service to the nation to justify the confidence and trust reposed in them by the Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, President Muhammadu Buhari, the Nigerian Army and indeed all Nigerians,” he said.

(NAN)