FG to track poverty, incomes to assess impact of reforms — Oyedele
By Yinka Kolawole The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has disclosed plans by the Federal Government to publish indicators tracking poverty, incomes and inequality to assess the impact of the government’s economic reforms on the living standards of Nigerians. He said the move is aimed at addressing criticism of the […]
Lagos deep off-shore can generate N1.5bn annually —NEPZA
Optimum ultilisation of Lagos Deep Off-Shore Logistics (LADOL) will save the economy about N1.5 billion ($10 million) annually and create thousand of jobs , said
Capital market operators applaud banks for margin loans write off
Capital market operators have commended some banks operating in the country for the bold step to write off their margin loans and re-start on a clean slate in line with the Central Bank of Nigeria (CBN) policy of total disclosure.
Blue chips’ loss further depresses market value by N102bn
By Michael EbohBy Michael Eboh Occasioned by losses on the share prices of majority of the listed equities, the value of listed equities on the Nigerian Stock Exchange (NSE) dipped, Tuesday, by N102.18 billion. Particularly, the value of listed equities, represented by the market capitalisation, dropped by 1.93 per cent to close at N5.195 trillion […]
NACCIMA endorses short-term cement import
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), said it endorsed short-term or temporary importation of bagged cement, stressing the policy would help to bring the price down, create availability and regular supplies at fair prices to consumers.
BOI should not monopolise N500bn IRF —ABUCCIMA boss
The Bank of Industry (BOI) should not be allowed to monopolise the sourcing and disbursing of the proposed N500 billion Industrial Revival Fund (IRF), according to Abuja Chamber of Commerce, Industry Mines and Agriculture (ABUCCIMA).
