CHEMICAL and Allied Products, CAP Plc, has said it is poised to take advantage of the structural reforms that will be undertaken by the federal government in the housing and real estate sector this year to boost revenue and returns to its shareholders.

FOLLOWING the four days bear run on the Nigerian Stock Exchange, NSE, last week, investors lost N78 billion as market capitalisation declined to N13.154 trillion from N13.232 trillion penultimate week

THE declining trend of stop rates in    the monthly FGN bond offer is expected to persist this week when the Debt Management Office, DMO, conduct the June offer of  N100 billion.

MEMBERS of the Monetary Policy Committee, MPC, of the Central Bank of Nigeria have called for development of a strong consumer credit system in the country, stressing that this is a requirement for boosting economic growth.

RAND Merchant Bank, RMB, Nigeria will this week hold its economic and business conference with the focus on catalysts for an inclusive real sector growth in Nigeria.

THE Nigerian Stock Exchange, NSE, in partnership with REDmoney Group, is set to hold the inaugural edition of the IFN Nigeria Forum themed, “Harnessing the Islamic Finance Sector for Infrastructure Development and Economic Growth”. The forum, according to the NSE, is aimed at promoting the growth and development of the Nigerian Islamic Finance industry and facilitate the growth of a new asset class in the capital market.

THE downward trend of cost of funds  in the interbank money market is expected to persist this week following anticipated inflow of N123 billion from maturing treasury bills and statutory allocation funds disbursement by the Federation Accounts Allocation Committee, FAAC.

FIRST City Monument Bank, FCMB, has said that its comprehensive capacity building programme, tagged, “Business Enterprises and Sustainability Training, BEST,” for Small and Medium Scale Enterprises, SMEs, is to lay a solid foundation for their long-term success.

AGAINST inflationary pressures and other operational challenges, corporate organisations in Nigeria appear to be focused on cost containment with the first quarter 2019, Q1’19, financial results indicating that growth in overhead has been significantly below inflation rate. But the strategy may have failed to support the bottom-line.

NASCON Allied Industries Plc, one of the subsidiaries of Dangote Group, is targeting more market share in the food sector through increased product range and innovation.