Three Nigerian companies have been listed by the London Stock Exchange Group in the inaugural edition of its “Companies To Aspire Africa” report.
In the report which showcases Africa’s success stories to international investors and policy makers, Nestoil, Energy Works Technology (EWT) and BFQ Dredging –all subsidiaries of a Nigerian company, Obijackson Group– were listed.
A statement released Wednesday by the company, quoted the World Bank Treasurer, Ms Arunma Oteh, as saying that all the companies profiled in the report not only provide vital employment opportunities but also contribute to sustainable economic growth in Africa which are the basics for good corporate governance.
According to the report, the high growth of private companies is fast becoming the bedrock and driving force of most African economies as they develop the necessary skills needed to acquire quality jobs.
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