News
Tinubu Not First African Leader To Ring NASDAQ Closing Bell – Presidency Issues Apology
The ceremony held at the Nasdaq headquarters in New York marks the end of a trading session
The Presidency has issued an official apology after a recent National Association of Securities Dealers Automated Quotations (NASDAQ) bell-ringing ceremony involving President Bola Tinubu.
VerseNews reports that initially, President Tinubu was celebrated as the first African leader to partake in this tradition.
The ceremony held at the Nasdaq headquarters in New York marks the end of a trading session at the bourse regarded as the most active stock trading venue by volume in the United States.
It is also ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange (NYSE).
However, it was later discovered that a former African leader had previously rung the bell at NASDAQ, contradicting the initial claim.
The State House Media and Publicity Unit released a brief statement expressing regret for the error.
The statement reads: “we inadvertently referred to President Bola Tinubu as the first African leader to ring the bell at NASDAQ on Wednesday in New York, based on the information provided by a third-party event organiser.
“We have since found out that this information was/is incorrect as a former African leader has indeed had the privilege.
“This error is sincerely regretted.”
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