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Nigeria: Programos Organises ICT W'shop for Capital Market Operators
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This Day (Lagos)
7 May 2008
Posted to the web 8 May 2008
James Emejo
Lagos
Worried by the challenges that may arise from the emerging recapitalisation of the Nigerian Capital Market, Programos Software Limited, Nigeria's foremost indigenous software developer has organised a one-day ICT-based Internal Control workshop for industry operators.
The programme, which holds on Thursday, May 22, 2008 at the Golden Gate Restaurant, is free of charge.
Speaking with newsmen in Lagos, Mr. Amos Emmanuel, Chairman/CEO of the company said Programos seeks to provide the platform for all stakeholders to adequately equip themselves with what it takes not only to play big, but also ensure sustainable endurance in a recapitalised era as mandated by the Securities and Exchange Commission (SEC).
The event is specifically going to address internal control problems. "We actually foresee the bulk of the problems we are going to witness in the emerging recapitalisation of the Nigerian capital market to be more of internal control issues. We are actually going to have more security threats and because we anticipate a lot more security threats is why we feel that CEOs of stock brokering firms, the registrar organisations, regulators and of course other stakeholders that matter should be able to partake in this workshop which is going to be free for them and to ensure that they properly plan their future", he said.
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Programous is a major player in the software development sector of the economy and has been servicing over 100 stock brokering firms in the Nigerian Capital Market for over a decade. It recently won the 2008 Titan of Tech award for "Nigeria's Best Software Company with Local Content"?.
He said the free training programme is one of the several ways by which the company has been exercising its social responsibility functions.
"As we transit into a recapitalised regime in the Nigerian Capital Market, in keeping with one of the mandates of government's ongoing economic reforms, the need for market leaders and operators to brace themselves up with acquisition of requisite education, knowledge and techniques to enable them successfully operate in relation to their sizes, structure and capital base becomes imperative"?, he said.
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