NSE: Minister calls for listing of more technology firms

The Minister of Science and Technology Dr. Ogbonnaya Onu has called on Nigerian Stock Exchange (NSE) to consider listing more technology firms that can help Nigeria to grow small and medium scale industry for enhance economic development. Speaking at the commissioning the NSE N500million Data Centre in Lagos, Dr. Onu stated that Nigerian should not […]

The Minister of Science and Technology Dr. Ogbonnaya Onu has called on Nigerian Stock Exchange (NSE) to consider listing more technology firms that can help Nigeria to grow small and medium scale industry for enhance economic development.

Speaking at the commissioning the NSE N500million Data Centre in Lagos, Dr. Onu stated that Nigerian should not just be satisfied with being the largest economy in Africa but should  aim much higher and one of the best in the world.

“I have seen that this stock exchange is aiming very high, higher than anybody can imagine, I am very convince that you can do very well to become the best in the world in not too far from now,” he noted.

Dr. Onu also disclosed that the Federal Ministry of Science and Technology has put up a number of initiatives and policies that will enable the country to look inward and be self-reliance.

Earlier the Chief Executive Officer of NSE Oscar Onyema  stated that the Data Centre comes with real time monitoring of active devices, resistance of all critical component, availability and cloud hosting capacities.

According to Mr.Onyema, “The Data Centers offers cloud services to market operators and anyone interested in low-cost, highly available services to their customer base. Data is replicated in real time offsite to a partner that is 25Km away from the production site.”

He said that as an Exchange, they strive to maintain 100 percent availability of all market platforms and have been very successful in this regard.