Announcement

NCAC Recognizes Farooq Oreagba as Honorary Global Ambassador for Arts and Culture

We are proud to announce that Mr. Farooq Oreagba, our MD/CEO Designate, has been recognized as an Honorary Global Ambassador for the National Council for Arts and Culture, under the leadership of Chief Obi Asika.

This recognition follows the viral pictures of him at the 2024 Ojude Oba festival, which captured the hearts and minds of many. At the festival, Mr. Oreagba showcased his deep connection to cultural traditions as he rode in honor of his family heritage.

As the CEO of NG Clearing, Nigeria’s central counterparty (CCP), Mr. Oreagba is passionate about unlocking Nigeria’s economic potential through the derivatives market. The overwhelming attention garnered by his participation at the 2024 Ojude Oba festival has shown that there is immense economic value to be unlocked through our arts and cultural festivals.

Commenting on the recognition, Mr. Oreagba enthused that “Our arts and cultural festivals are vital parts of our identity and heritage. They tell our stories, celebrate our diversity, and connect us to our roots. This recognition is a testament to our collective efforts in keeping our cultural heritage alive and vibrant. Together, we should continue to celebrate and preserve the rich diversity of Nigerian culture.”

Please join us in celebrating Mr. Farooq Oreagba on this remarkable honor.