Economy Archives — Page 217 of 235

January 26, 2017 No Responses

How to grow liquidity in emerging markets, by WFE

The World Federation of Exchanges (WFE) on Wednesday hosted a roundtable in London for exchanges and the buyside, to discuss how best to grow liquidity in emerging markets. The session, held with Oliver Wyman, and titled Enhancing Emerging Market Liquidity – follows...

January 25, 2017 No Responses

Guinness Nigeria shareholders approve N40b Rights Issue

Guinness Nigeria Plc, on Tuesday in Lagos, secured shareholders approval for its proposed N40 billion Rights Issue. Speaking at the Extra-Ordinary General Meeting (EGM), Babatunde Savage, Chairman, Guinness Nigeria Plc, said: “Guinness Nigeria has been i...

January 24, 2017 No Responses

Nigeria’s goal is to ensure stronger, more robust African Union, says Osinbajo

Nigeria will continue to work together with other African countries to ensure that the African Union becomes a stronger and more robust organization for the benefit of the continent and its people, the Vice President, Yemi Osinbajo,has said. Osinbajo, who...

January 24, 2017 No Responses

BPE boss seeks concession of 380,000 hectre of River Basin Authority land

The only way to check the encroachment of the over 380,000 hectres of arable land belonging to the 12 River Basin Development Authorities (RBDAs) in the country by unauthorized persons is to concession or lease such land to top flight...

January 24, 2017 No Responses

WFTU President arrives in Nigeria, to interact with trade union leaders

The President of World Federation of Trade Unions (WFTU), Comrade Mzwandile Michael Makwayiba arrived in Lagos, Nigeria on Monday on a three day working visit. On Tuesday, 24th January, Makwayiba is scheduled to meet with Nigerian affiliates and other lead...

January 23, 2017 No Responses

Exchange rate tops agenda as MPC holds first meeting in 2017

Foreign exchange crisis will top the agenda Monday and and Tuesday as the Central Bank of Nigeria’s Monetary Policy Committee (MPC) holds its first meeting in 2017. Members of the committee are also expected to come up with more measures...

January 20, 2017 No Responses

SEC, EFCC seal partnership on efficient investigation, training

To ensure an effective policing of the capital market, the Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have signed a Memorandum of Understanding (MoU). A statement issued by SEC explained that the ceremony t...

January 20, 2017 No Responses

Obaseki inaugurates Agric committee, targets 80,000 jobs

Governor Godwin Obaseki of Edo on Thursday inaugurated an ad hoc committee under the Agriculture Empowerment Initiative to revamp agriculture in the state. Obaseki, while inaugurating the committee at the Government House in Benin, said that the ad hoc committ...

January 19, 2017 No Responses

Dangote at WEF, canvasses genuine efforts at tackling power deficit in Africa

Foremost industrialist and President of Dangote Group, Aliko Dangote has told the audience at the World Economic Forum (WEF)in Davos, Switzerland that a joint effort between government and private sector to tackle the power deficit remained a key element in...

January 18, 2017 No Responses

LADOL joins world business leaders to promote $12 tri economic development targets

The Lagos Deep Offshore Logistics base (LADOL), has joined notable world business promoters in quest of developing a sustainable business outlook that is expected to unlock over US$12 trillion in new market value as well as repair the global economic...

January 17, 2017 No Responses

Investors get N30b unclaimed dividends as SEC extends free registration period

Over N30 Billion has so far been paid to investors in the Nigerian capital market from the backlog of unclaimed dividend, the Securities and Exchange Commission (SEC) has said. Meanwhile, to further reduce the unclaimed dividends profile and curb its...

January 16, 2017 No Responses

FG warns against sales of SIP forms

No scheme under the Federal Government’s Social Investment Programmes (SIP) attracts an application fee. Also on Sunday, the Federal Government advised Nigerians to refuse paying anyone money, adding that five more states would be joing in the implementa...

January 16, 2017 No Responses

Kaduna targets N50.2b IGR in 2017

The Chairman of the Kaduna State Internal Revenue Service (KDIRS), Muktar Ahmed, said the state government generated more than N17 billion as Internally Generated Revenue (IGR) in 2016. He told the News Agency of Nigeria in Kaduna on Sunday that...

January 15, 2017 No Responses

Osinbajo to visit oil-producing communities

In further demonstration of President Muhammadu Buhari’s readiness and determination to comprehensively address the Niger Delta situation, Vice President Yemi Osinbajo, SAN, will be visiting a number of oil communities across some Niger Delta States star...