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Operators renew call for CIS investment option

Operators in the capital market have renewed their call for local investors, especially retail ones, to access capital using the Collective Investment Scheme, CIS, as an option. They noted that leveraging the collective investment scheme would reduce the level of exposure to risks and ensure that their investments are managed professionally.

Six candidates for position of IMO Secretary-General

By the established deadline of 31 March 2015, the International Maritime Organization (IMO) has received the nominations of six candidates, nominated by their Governments for the position of Secretary-General of IMO.

SEC out with new rules on capital market

The Securities and Exchange Commission, SEC has released six new rules to the capital market as one of these rules is rule on trading in unlisted securities. Unlisted securities are those private and public companies’ shares that are not quoted on the Nigerian Stock Exchange, NSE. The unlisted securities seek to ensure that all securities of unlisted public companies are traded within securities exchanges that are registered with the commission.

Nasarawa State Budget as metaphor for unrealistic state budgets

The report by Umar Muhammed disclosed that “The budget which was christened the budget of “sustainability” would be funded with resources from the Federation Account, internally generated revenue [IGR] Value Added Tax, and SURE-P.” Commissioner Danazumi, for Local Government and Chieftaincy Affairs, who delivered the budget on behalf of ailing Governor Al-Makura, could be forgiven for not realizing that he had delivered the most unrealistic and unsustainable budget in the state’s history.

Gunmen kill prominent chief in Egbada community

PORT HARCOURT—Unknown gunmen Saturday night reportedly assassinated a prominent chief in Egbada in Ogba Egbema Ndoni local government area of Rivers State and the Ochi Ohia, Chief Okwu Osia.

Post-election: ICAN wary of undue pressure on naira

We are more like a pressure group, if we advise government, send letters to them on what we think is the right way to and they decide not to accept our advise, there is automatically nothing we can actually do, advocacy is about participating in the policy making process ensuring good governance, we do not have power to insist that we feel is right should be implemented.But it is our responsibility to keep taking about what we think is right whether government accepts or not.

Dickson urges Christians to imbibe virtues of Christ

Yenagoa—AS Christians the world over celebrate the death and resurrection of Jesus Christ, Governor Seriake Dickson of Bayelsa State, has called on adherents to see Easter as a period for sober reflection on the real import of Easter and the positive virtues Christ stood and died for.

Olumirin waterfalls: Nature’s gift to Erin-Ijesha

A visit to the State of the Living Spring, Osun state , is not complete for a tourist without a visit to Erin-Ijesa in Oriade local government. You might be wondering why a tourist will need to take such trip from the state capital, Osogbo, which is home to the popular Osun Osogbo festival and culture. The answer is not far fetched as Erin Ijesha is host to the popular Olumirin Waterfalls.

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