Economy – Page 272 – City Business News

March 13, 2018 No Responses

Financial Fraud: Group Seeks Protection For Ageing Investors

The Board of the International Organization of Securities Commissions on Monday published a report that examines the growing vulnerability of ageing investors to financial fraud and other risks and identifies sound practices for enhancing their protection. The report Senior Investor...

March 13, 2018 No Responses

NSE Market Capitalisation Drops By N105B

Trading on the Nigerian Stock Exchange (NSE) opened for the week on Monday with a drop of 0.26 per cent due to price depreciation of some blue chips. The All-Share Index dipped 111.35 points or 0.26 per cent to close...

March 12, 2018 No Responses

Nigerians To Pay More For Alcoholic Drinks, Cigarettes

President Muhammadu Buhari has approved an amendment to the excise duty rates for alcoholic beverages and tobacco with effect from Monday, 4th June, 2018. Under the newly approved excise duty rates for tobacco, in addition to the 20 per...

March 2, 2018 No Responses

WFE, 59 Stock Exchanges To Ring Gender Equality Bell

For the fourth year, a global collaboration across 59 stock exchanges around the world on Fridayconcluded plan to ‘Ring the Bell for Gender Equality’ to celebrate International Women’s Day onThursday, March 8, 2018. The events are a partnership b...

March 2, 2018 No Responses

Adeosun: FG to name, shame, prosecute tax evaders from March 31

The Federal Government is ready to prosecute, name and shame tax evaders that fail to utilise the tax amnesty programme, the Voluntary Assets and Income Declaration Scheme (VAIDS), to regularise their tax profiles, the Honourable Minister of Finance, Mrs. Kemi...

March 1, 2018 No Responses

Reps To Probe Alleged Malpractice In Nigerian Capital Market

The House of Representatives on Wednesday resolved to investigate the alleged stagnation of some publicly-quoted companies, especially insurance firms listed on the Nigerian Stock Exchange (NSE). This followed a motion by Rep. Femi Fakeye (Osun-APC), who ex...

March 1, 2018 No Responses

Odundo, CEO, Nairobi Securities Exchange Unveils Agenda For Green Bonds, Derivatives In 2018

The World Federation of Exchange (WFE) in Its February Publication is pleased to feature a Q&A with Geoffrey O. Odundo, CEO, Nairobi Securities Exchange (NSE), one of the WFE’s newest members. QUESTION: The WFE welcomed NSE as a full...

March 1, 2018 No Responses

Akwa Ibom Approves N573m To Boost Cassava Production

The Akwa Ibom Executive Council has approved N573 million for the production and processing of cassava to boost food production in the state. The State’s Information and Strategy Commissioner, Mr Charles Udoh, disclosed this on Wednesday in Uyo while briefin...

March 1, 2018 No Responses

‘Importance Of Money Matters For Children, Youth

Global Money Week (GMW), a CYFI initiative, is an annual money awareness campaign built to inspire children and young people to learn about money matters, livelihoods and entrepreneurship. The event started as a Child Finance Day & Week in 2012...

February 27, 2018 No Responses

FG To Train 100 Rice Farmers In Kebbi

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, says the Federal Government will train 100 rice farmers in Kebbi, as part of efforts to boost rice production in the country. The minister said this on Monday in...

February 26, 2018 No Responses

VAIDS: El-Rufai, Adeosun meet Kaduna business leaders, tax payers

Executive Governor of Kaduna State, Mallam Nasir el-Rufai and the Honourable Minister of Finance, Mrs. Kemi Adeosun, will on Thursday, March 1, meet with business leaders, business owners and tax payers in Kaduna over the Voluntary Assets and Income Declaratio...

February 24, 2018 No Responses

Agriculture Think Tank: Nigeria’s Future Looks Brighter with IITA Innovations

Research and innovations being developed at the International Institute of Tropical Agriculture (IITA) hold promise, and could transform Nigeria’s agricultural narrative, says Nigeria’s agricultural think-tank, the Nigeria Agribusiness Group (NABG). The th...

February 23, 2018 one Response

Nigeria To Boost Agriculture, Diversify Economy With $1billion

The Council of State on Thursday approved a fresh one billion dollars to further boost the nation’s agricultural sector. Briefing Journalists after the meeting, , Governor Ibikumle Amosun of Ogun explained that the amount would enhance the Federal Gove...

February 19, 2018 4 Responses

‘Label tax evasion, malpractices by Multinationals as foreign corrupt practices’

Nigeria’s Minister of Finance, Mrs. Kemi Adeosun, has called for the designation of tax malpractices by Multinational Corporations in Nigeria and other developing countries as ‘foreign corrupt practices’. She made the call at the Platform for Collabor...