Category: Economy
SEC, NSE To Streamline Listing Modalities From June 1
The Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) on Thursday unveiled plans to make the modalities involving listing on the NSE more efficient and cost effective by streamlining the approval process between the SEC and the...
Emefiele In Benin, Assures On Single-Digit Interest For MSMEs
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has assured entrepreneurs set to commence operations at the Edo Production Centre, of the availability of favourable financing options. Emefiele, who spoke on Wednesday during a visit ...
Dakuku: Nigeria Long Overdue For National Fleet
The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that Nigeria is way overdue for an active national fleet that would properly position it in the comity of maritime nations.Dakuku stated thi...
SEC Boss To Nigerians: Beware, Loom Is A Ponzi Scheme
The Securities and Exchange Commission, SEC, has raised the alarm over the activities of some alleged online fraudsters, who are currently running an online investment scheme tagged ‘Loom Money Nigeria’.SEC explained that Loom Money Nigeria, is taking over...
Buhari Reappoints Emefiele As CBN Governor For Second Term
President Muhammadu Buhari has reappointed the Governor of the Central Bank of Nigeria, Godwin Emiefele, for a second and final term of five years.A letter to the Senate seeking Mr Emefiele’s confirmation was on Thursday read out by Senate Preside...
FAO Assures Nigeria Of Sustained Technical Support
The Food and Agricultural Organisation has promised Nigeria continued support in its drive toward ensuring food security and zero hunger in the future.FAO Country Representative in Nigeria, Suffyan Koroma, made the promise in an interview with the News Agency ...
Uwaleke To Investors: Leverage On Low Prices Of Stock
A Professor of Finance & Capital Market, Uche Joe Uwaleke has advised investors to take advantage of the prevailing low equities pricing in the Nigerian stocks market to boost their investment opportunities. Uwaleke, who is also the head, Banking ...
Financial Literacy Team Visits FIRS Boss, Explains Capital Market Studies Curriculum
There are indications that the proposed stand-alone curriculum on Capital Market Studies, CMS, will soon be infused into carrier subjects in Basic and Secondary Schools in Nigeria.This indication was given by the Chairperson of the Financial Literacy Technical...
Edo Production Centre Attains 95 Per Cent Completion
Manufacturers in Edo State are gearing to commence production at industrial scale with the assurance of stable power and other support structures as work at the Edo Production Centre has reached 95 per cent completion. The facility is a multipurpose,...
Nigeria’s Airlines Record 7,926 Delayed Flights In 2019 First Quarter
Domestic airlines operating in Nigeria recorded 7,926 cases of delayed flights between January and March 2019.The Consumer Protection Department of the Nigerian Civil Aviation Authority (NCAA) made this known in a document it issued and obtained by the News Ag...
SEC Receives MTN’s Application For Listing on Nigerian Stock Exchange
The Securities and Exchange Commission (SEC) on Monday disclosed that MTN Nigeria has formally applied for listing by introduction on the Nigerian Stock Exchange (NSE). SEC Head, Corporate Communications, Efe Ebelo, who confirmed the development explaine...
Textile Smuggling: CBN To Blacklist Banks, Firms, Individuals
To revive Nigeria’s moribund cotton, textiles and garments sector, the Central Bank of Nigeria (CBN) on Monday commenced the distribution of cotton seeds and other inputs to farmers in Katsina State.To encourage local textile production, the apex bank also t...
Edo, Uber Parley On Investment Partnership
Edo State Governor, Mr Godwin Obaseki, has met with the management team of global ridehailing platform, Uber, to strengthen ties and explore areas of investment in the state. The business meeting took place at the Government House, in Benin City, after...