Finance Archives — Page 9 of 21

July 24, 2018 No Responses

Osinbajo Implores Capital Market On Economic Growth, Development

Vice President Yemi Osinbajo has said that for investors to take advantage of government’s incentives and improved business environment, there needs to be availability of medium to long term capital in the form of bonds, equity and loans. The necessity...

July 23, 2018 No Responses

CIS Partners SEC On Capital Market Studies

The Chartered Institute of Stockbrokers (CIS) has pledged to work with the Securities and Exchange Commission (SEC) in its desire to infuse Capital Market Studies (CMS) into the curriculum of schools in the country. Already, the apex regulator of...

July 19, 2018 No Responses

GTBank, Okomu Oil, FBN Holdings, Oando, Others Sustain Sliding Profile

More firms on the floor of Nigeria Stock Exchange (NSE) sustained sliding profile on Wednesday as Bears maintained dominance for the third consecutive trading days. At the end of the day’s trading, the All-Share Index lost 215.52 points or 0.58...

July 18, 2018 No Responses

Nigeria Explains N228.9b For 2019 Polls

President Muhammadu Buhari has forwarded a letter to the National Assembly seeking N228,854,008,215 from the N9.12 trillion 2018 budget to fund the 2019 general election and other critical projects. According to Buhari, the N228.9 billion from N578,319, 9...

July 18, 2018 No Responses

NBS Implores Respondents On MSMEs Survey

The Statistician-General of the Federation, Dr Yemi Kale has appealed to all selected respondents to provide information for the ongoing Micro, Small and Medium Enterprises (MSMEs) survey in the country. The survey is being carried out by the National ...

July 18, 2018 No Responses

Capital Market Forum Explores Strategies, Best Practices To Tackle Cyber Threat

The Nigerian Stock Exchange (NSE) has announced its bi-annual Nigerian Capital Market Information Security Forum (NCMISF), themed, “Social Engineering, The Neglected Human Factor”, will hold on Wednesday, July 25, 2018, at the NSE Event Center, 2/4 Custo...

July 16, 2018 No Responses

SEC Reiterates Support For Capital Market

The Securities and Exchange Commission, SEC has restated its dedication to collaborate with relevant stakeholders to further develop and deepen the capital market. The Ag. Director General of the Securities and Exchange Commission, SEC, Ms Mary Uduk ...

July 14, 2018 No Responses

FIRS Generates N2.5Tri In Six Months

The Federal Inland Revenue Service has announced that it realized a total of N2, 529,615,174,601.25 (Two trillion, five hundred and twenty-nine billion, six hundred and fifteen million, one hundred and seventy-four thousand, six hundred and one naira, twenty-...

July 13, 2018 No Responses

Nigeria Reconstitutes Tax Appeal Tribunals

The Federal Government has reconstituted the Tax Appeal Tribunals in the six geo-political zones as well as Lagos and Federal Capital Territory. The reconstitution of the Tribunals is in accordance with Section 2(1) of the Fifth Schedule of the...

July 13, 2018 No Responses

Buhari Implores Lending Banks On Stronger Partnership

President Muhammadu Buhari Thursday in Abuja called for stronger partnership with lending banks to reduce the nation’s infrastructure deficit, assuring of his administration’s full commitment to implement all agreements. Receiving the Board of African Ex...

July 10, 2018 No Responses

NIMASA Engages CBN On Special Interest Rate

The Director General of Nigerian Maritime Administration and Safety Agency (NIMASA) Dr Dakuku Peterside has disclosed that the Agency is engaging the Central Bank of Nigeria to create a special interest rate for maritime assets acquisition in Nigeria stating t...

July 9, 2018 No Responses

Shareholders fault Oando’s 2017 Result, Seeks Forensic Audit

Shareholders under the aegis of Proactive Shareholders Association of Nigeria (PROSAN), at the weekend, faulted the 2017 full year result of Oando Plc. The group also lamented the inability of the company to pay dividend to its shareholders for...

July 6, 2018 No Responses

“NNPC Pays $1b Out Of $5b Cash Call”

The Nigerian National Petroleum Corporation (NNPC) has paid $1billion out of its $5billion cash call. The Group Managing Director, Dr. Maikanti Baru stated this in Abuja while addressing the corporation’s workers via a mail broadcast to commemorate his two-y...

June 23, 2018 No Responses

Investors Stake N4.85B On UBA, Zenith, FBN Holdings In Four Days

For the week ended June 22, 2018, trading in the shares of United Bank for Africa Plc (UBA), Zenith International Bank Plc and FBN Holdings Plc accounted for 325.580 million shares worth N4.854billion in 3,381 deals, contributing 29.68% and 31.37%...