​ NSE Commemorates 2019 International Women’s Day

Friday, March 8, 2019 

The Nigerian Stock Exchange (NSE), joined the rest of the world on Friday, March 8, 2019, to commemorate the International Women’s Day (IWD) by organising a half-day symposium at the Exchange in Lagos. Themed “Balance for Better”, the event was designed to galvanize efforts in line with The Exchange’s objective to accelerate progress towards bridging gender parity.

This event, organized in partnership with International Finance Corporation (IFC), UN Women, United Nation Global Compact (UNGC), World Federation of Exchanges (WFE) and Sustainable Stock Exchange Initiative (SSEI), brought together male and female thought leaders from emerging industries who took a more holistic look at gender balance and its reality to businesses.

The symposium was headlined by Ms Eme Essien, Country Director, International Finance Corporation (IFC) who discuss opportunities for women in key industries and share insights on how technology can bridge the gender gap. The event also featured panel discussion by experts across different, including, Serah Makka-Ugbabe, Country Director, ONE Campaign; Olukemi Awodein, Managing Director, Chapel Hill Denham; Olusola Amusan, Philanthropies Lead, Microsoft Nigeria; Lady Sandra Aguebor, Founder, Lady​ Mechanic Initiative; Dr. Ola Brown, Managing Director, Flying Doctors Nigeria and Debola Williams, Founder, Red Media Africa.​

In his welcome address, Mr Oscar N. Onyema OON, Chief Executive Officer, NSE, ably represented by Ms Tinuade Awe, Executive Director, Regulation, NSE stated that "at The Exchange, International Women’s Day is an important day in our calendar. It is a day we pause to recognize women and girls’ achievements, take stock of the progress made in achieving Gender Equality and Women’s Empowerment and discuss how we can accelerate gender parity". 

"Although the Global Gender Gap Report 2018 by the World Economic Forum shows some evidence of progress amongst the 149 countries that were indexed, the progress to close the gender gap is slow, as it will take 108 years to close the gender gap and 202 years to achieve parity in the workforce. To me, these timelines are not encouraging, especially when you recognize that it will take incredible scientific advancements in age longevity for any of us in this room and quite possibly our children to be around when the gender gap becomes a thing of history, based on current trajectories".   

Onyema noted that NSE’s gender-focused initiatives are all in line with the WEPs. "For Principle 1 which concerns establishing high-level corporate leadership for gender equality, we have improved the representation of women on our Council by 27%. Women representation in the Executive Management committee is at 20%.  Women constitute 17.3% for senior management positions. The Exchange has a ratio of 1:2 for the female to male employees".

The NSE International Women’s Day Symposium provides an opportunity for participants, men and women alike, to partake in sharing stimulating stories of women’s achievements as well as inspire other women to live up to their true potential. It is also an avenue to showcase the NSE and its partners’ commitment to supporting the aspirations of women and girls as an essential component for building a more sustainable world. 

This year’s event was supported by Nasdaq, House of Tara, Shuga Plum, Modara Natural Beauty Products, Coco Ribbon and Olori Cosmetics.