Dr. Umaru Kwairanga, the Group Chairman of the Nigerian Exchange Group, has alluded to the forthcoming dual listing plans with the Saudi Exchange. He emphasized that the economic reforms spearheaded by President Bola Tinubu have opened up opportunities for investment in Africa’s largest economy. During his address at the recent Saudi-Africa summit in Riyadh, Kwairanga expressed that the summit provided a valuable platform to explore collaboration between the Saudi government and the Nigerian business ecosystem. He said, “We believe with our population, and many other advantages, we have opportunities to showcase to Africans, Arabs based out of Saudi Arabia.” He expressed optimism over opportunities in the NGX amid foreign exchange (FX) scarcity. “One of the discussions we had was on dual listing between the Saudi Stock Exchange and the NGX. We had a discussion with the minister of environment and his officials, looking at how our biggest companies quoted on NGX are going to leverage this. “We are going to take companies like Aramco to be listed on the NGX. We intend to replicate what we did on the London Stock Exchange (LSE) with the Saudi Stock Exchange regarding dual listings,” he said.