TheCable

The United States Chamber of Commerce has invited President Bola Tinubu to ring the closing bell of the NASDAQ on Wednesday, September 20. 

NASDAQ is an acronym for National Association of Securities Dealers Automated Quotations.

It is a stock exchange market based in New York, US.

NASDAQ is the most active stock trading venue in the US by volume and is ranked second behind the New York Stock Exchange (NYSE) on market capitalisation.

The ringing of the closing bell signifies the end of a trading session on a particular day.

In a statement on Monday, the US Chamber of Commerce said the bell-ringing ceremony with Tinubu will take place on the sidelines of the 78th session of the United Nations General Assembly (UNGA).

The organisation said the ceremony “symbolises the significance of the economic ties between the United States and Nigeria”.

The ceremony will take place at NASDAQ headquarters, in New York.

“We hope this celebration and the discussion as part of the U.S.-Nigeria Executive Business Dialogue serve to further strengthen economic ties and enhance collaboration between the U.S. and Nigerian business communities,” the statement reads.

The US Chamber of Commerce is the world’s largest business organisation, representing companies of all sizes across every sector of the economy.

Members range from small businesses and local chambers of commerce to leading industry associations and large corporations.