Jonathan seeks NASS’ extention of 2010 budget to March 31, 2011
PRESIDENT Jonathan Goodluck Wednesday wrote the two chambers of the National Assembly asking for approval to extend the 2010 Appropriation Act to 31st December, 2011.
SEC seeks US SEC partnership to enhance market development
The Securities and Exchange Commission (SEC) has appealed to the United States of America (US) SEC to partner with it in order to build a world class capital market for Nigeria.
Dangote Group restates commitment to job creation
Despite the harsh operating environment in the domestic economy occasioned by dearth of adequate infrastructure, the Dangote Group has restated its commitment to job creation and poverty alleviation.
CMC approves extension of trading hours for NSE
The Capital Market Committee (CMC) on Monday approved the proposal of The Nigerian Stock Exchange (NSE) for extension of the trading hours on the floors of The Exchange by two hours from 9.30 am to 2.30 pm as against the current time of 9.30 to 12.30 pm. The extension takes effect from Wednesday, December 01, 2010.
Bullish trend persists, investment up by N31bn
The upward trend recorded in key indices of the Nigerian Stock Exchange (NSE) continued Tuesday, as the value of listed equities, appreciated by N31.66 billion.
CBN can’t midwife sale of rescued banks, says Labour
ASSOCIATION of Senior Staff of Banks, Insurance and Financial Institutions, ASSBIFI, has declared that the Central Bank of Nigeria, CBN, has no moral ground to midwife the sale of rescued banks The Union said it “strongly contests the position of the Central Bank of Nigeria, CBN, in mid_wiving the sale of the eight banks which were granted N 620 billion bailout last year”.
