NGX, CIS, ASHON Partner MOFI On Market Development, Listings

NGX, CIS, ASHON Partner MOFI On Market Development, Listings

Nigerian Exchange Limited (NGX), Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria (ASHON), have demonstrated their willingness to collaborate with the Federal Government through the Ministry of Finance Incorporated (MOFI) in facilitating market development and listings....
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CBN: New FX Policy Will Lead To Losses For Speculators

CBN: New FX Policy Will Lead To Losses For Speculators

The acting Governor of the Central Bank of Nigeria (CBN) Fola Shonubi, on Monday warned speculators of potential losses as they implement a new policy to stabilize the exchange rate regime.    Shonubi explained that the CBN has come up with...
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NGX Partners CSCS, Euroclear On Dollar Settlement Platform For Fintechs

NGX Partners CSCS, Euroclear On Dollar Settlement Platform For Fintechs

Nigerian Exchange Limited (NGX) has disclosed that it is working with the Central Securities Clearing System (CSCS) Plc and Euroclear to create a dollar settlement platform that will enable tech startups to raise in dollars.  The Exchange stated that this...
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Plastic Pollution: NSML Unveils Clean Waterways Initiative

Plastic Pollution: NSML Unveils Clean Waterways Initiative

NLNG Shipping and Marine Services Limited (NSML) has launched its Clean Waterways Initiative, a programme to raise awareness of the dangers of plastic pollution and to advocate for action to address the issue.  Speaking on the initiative, the Chief Execut...
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Committee Projects FIRS As Sole Revenue Collection Agency For FG

Committee Projects FIRS As Sole Revenue Collection Agency For FG

Barring last-minute adjustment, a proposal by the Presidential Committee on Tax Policy and Fiscal Reforms may stop about 63 Ministries, Department and Agencies (MDA) from collecting revenue on behalf of the Federal Government. Some of the agencies are the Nige...
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SEC, PENCOM, NGX Reiterate Commitment To Deepening Securities Lending

SEC, PENCOM, NGX Reiterate Commitment To Deepening Securities Lending

With the aim of enhancing investor participation and securities lending transactions in the Nigerian capital market, the Securities and Exchange Commission (SEC), National Pension Commission (PENCOM) and Nigerian Exchange Limited (NGX) have reaffirmed their co...
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NPA Partners Agencies On Accelerated Import, Export

NPA Partners Agencies On Accelerated Import, Export

The Nigerian Ports Authority (NPA) is working closely with other government agencies such as Customs, Shippers’ Council and Nigerian Maritime Administration And Safety Agency (NIMASA) to ensure that imports and exports are cleared out of the port f...
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Hard But Necessary Reforms, Imperative To Ramp Up Tax Revenues, Says Muhammad Nami, Chairman Joint Tax Board

Hard But Necessary Reforms, Imperative To Ramp Up Tax Revenues, Says Muhammad Nami, Chairman Joint Tax Board

For Nigeria to attain optimum tax revenue collection capacity across the Federal, States and Local Government tax authorities, the country must make hard but necessary reforms that would yield long term benefits. This was the position stated by the Chairman...
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World Bank To Fund 1,000 Solar Power Grids In Nigeria

World Bank To Fund 1,000 Solar Power Grids In Nigeria

The World Bank is aiming to help fund construction of 1,000 mini solar power grids in Africa’s biggest economy Nigeria in partnership with the government and private sector, the lender’s president Ajay Banga said on Saturday. Nigeria, with a popula...
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SEC, PENCOM, NGX To Host Webinar On Securities Lending

SEC, PENCOM, NGX To Host Webinar On Securities Lending

In line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilization to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities a...
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NSIB, LASEMA Sign MoU

NSIB, LASEMA Sign MoU

By citybusinessnews@yahoo.com  — As part of measures to enhance safety in Lagos State, the Nigerian Safety Investigation Bureau (NSIB) has signed a Memorandum of Understanding (MoU) with the Lagos State Emergency Management Agency (LASEMA). Signing the...
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NDDC Trains Finance, Audit Staff

NDDC Trains Finance, Audit Staff

The Niger Delta Development Commission, NDDC, says that training is crucial in upscaling its management processes to enhance efficiency and transparency in its service delivery to the people of the Niger Delta region.Speaking during a two-day in-house training...
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Deepen Partnership With Africa, Tinubu Urges UK

Deepen Partnership With Africa, Tinubu Urges UK

President Bola Tinubu has urged the United Kingdom to strengthen its partnership with Nigeria and the African continent through increased investments across various sectors.  He made the call on Wednesday when he received the United Kingdom’s ...
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NIMASA Set To Deploy Modular Floating Dock

NIMASA Set To Deploy Modular Floating Dock

The Nigerian Maritime Administration and Safety Agency, NIMASA has taken over areas leased to it by the Nigerian Ports Authority (NPA) at the Continental Shipyard for the operations of the Modular Floating Dock. According to NIMASA, the areas include but...
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