Nigeria primed to be Africa’s industrial powerhouse— Ex-UNIDO DG
By Yinka Kolawole A former Director-General of the United Nations Industrial Development Organisation (UNIDO), Dr Kandeh Yumkella, has said Nigeria has the essential foundations to become Africa’s industrial powerhouse but must translate its huge market, natural resources and entrepreneurial capacity into competitive production and exports. Yumkella, who identified Nigeria’s financial depth and strategic position within […]
NSE consolidate losing streak as Eterna, Equity Assurance lead losers
The downtrend in the stock market, which started in the equities last week, continued today as a total of 36 companies recorded price losses.
SEC yet to receive application from MTN on Initial Public Offering
The Securities and Exchange Commission (SEC) on Monday said that it was yet to be notified by the MTN Group on plans to raise about 500 million dollars from the Nigeria’s capital market.
LCCI decries indiscriminate valuation queries on imports
The Lagos Chamber of Commerce and Industry (LCCI) has decried the indiscriminate valuation queries of invoice of imported items by the Nigeria Customs Service (NCS).
Passage of 2018 budget will be stormy — Source
FOUR months after President Muhammudu Buhari presented before a joint session of the National Assembly a budget proposal of N8.612 trillion for the 2018 fiscal year, strong indications have emerged that its passage by lawmakers will be stormy.
More companies flout NSE’s post listing requirements
THE number of companies flouting the post listing requirement of the Nigerian Stock Exchange, NSE, regarding timely disclosure of financial performance rose by 37.5 percent in 2017, prompting shareholders to call for sanctions on directors of the companies.
