capital

NECA raises alarm over surge in capital flights, business closures

NECA raises alarm over surge in capital flights, business closures

Nigeria Employers’ Consultative Association, NECA, has raised the alarm over increasing cases of divestments, capital flights, and business closures in Nigeria, pleading with the Federal Government to urgently address anti-growth, ill-timed, or not-well thought-out policies weighing down businesses.
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94 capital market operators risk certificate cancellation

94 capital market operators risk certificate cancellation

SECURITIES and Exchange Commission, SEC, is set to withdraw the licenses of about 94 capital market operators, CMOs, operating in different categories of the market for failing to render statutory returns and complying with the new minimum capital requirement.