The partnership will also provide effective resources to
help local companies translate their corporate ethics commitments to a robust
system of compliance that ensures that they can conduct business with
integrity.
X-Academy will work with CIPE to provide companies of all
sizes across Nigeria with practical solutions that will promote ethical
business practices and make the Nigerian corporate landscape safer for
conducting business. Through workshops and advisory services, participating
companies in the program will be empowered to proactively reduce opportunities
for fraud and other malpractice across their business processes.
Speaking about the collaboration, Ms Ugochi Obi, Head, NGX
X-Academy, said, “As a training hub contributing immensely to deepening
knowledge across the capital and money markets in Nigeria, we consider it
imperative to avail businesses and organisations of the appropriate training
and tools that will help them attain globally acceptable transparency and
accountability standards, which will, in turn, help them to attract global
investment opportunities. To this end, NGX has partnered with CIPE, an
organisation that has the pedigree and demonstrable track record of helping its
stakeholders to navigate the often complex terrain of regulatory compliance and
entrench good governance practices in their key activities – two key elements
to actualise our goal.”
Mrs Lola Adekanye, Senior Program Lead for Africa, CIPE,
said, “We are thrilled to have a critical stakeholder in Nigeria’s business
ecosystem join us to lay the foundation to create a more transparent and
attractive business environment. Enabling compliance with sound business
integrity practices is at the core of attracting investment and boosting growth
in the country. CIPE is pleased to welcome NGX to the Africa Business Integrity
Network (ABIN) and we look forward to leveraging our individual strengths to
embed ethics and integrity in the business culture, and ultimately bring value
to the Nigerian economy.”
This partnership will help galvanise business-led efforts to
reduce the risk of corruption, boost shared prosperity in an economically sustainable
manner and promote market-oriented values by advancing business ethics and
integrity principles in companies and across the business environment. It will
also enable the academy to deploy compliance and board evaluation consultancy
for organisations.
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