Tinubu Is Not First African Leader To Ring Closing Bell At NASDAQ, Facts Reveal

The Presidency’s claim that Bola Tinubu is the first African head of state to ring the closing bell at the National Association of Securities Dealers Automatic Quotation System (NASDAQ) has been refuted by information that has surfaced online.

President Tinubu rang the NASDAQ Stock Exchange’s closing bell on September 20, according to Anaedoonline.ng.

Ajuri Ngelale, the Special Adviser to the President on Media and Publicity, stated in a statement on Thursday that Tinubu was the first African leader to ring the closing bell after he had done so.

Presidency Backtracks, Says Tinubu Not First African Leader To Ring NASDAQ Bell

Ngelale claimed that the President’s invitation to the second-largest stock exchange in the world was given in recognition of his steadfast efforts to aggressively entice foreign direct investment into Nigeria.

He claimed that when he was live in front of the financial markets at the renowned stock exchange, the President did not miss the chance to forcefully pursue his campaign for foreign investment.

However, online research revealed that Jakaya Kikwete, the former president of Tanzania, rang the NASDAQ closing bell on September 21, 2011, making Tinubu not the first African leader to do so.

Before the president of Tanzania rings the bell, an excerpt from the official NASDAQ website states that “Global Health Leaders will announce Global Health Commitments for Women’s Health and Women’s Cancers at the NASDAQ MarketSite in Times Square.

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“In honour of the occasion, President Kikwete of Tanzania, First Ladies and Health Ministers, and Global Health Leaders will officially ring The NASDAQ Stock Market Closing Bell.”

President Bola Tinubu is not the first African head of state to ring the NASDAQ closing bell, according to the information that is currently accessible.

 

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