At the end of its 2-day policy meeting, in a unanimous vote of all members, the Monetary Policy Committee (MPC) voted to leave key monetary policy rates unchanged.
The Federal Government has said that consultations will begin at all levels on the review of the Value Added Tax, (VAT) from 5 per cent to 7.2 per cent, just as it is ready to begin deductions to recover bailout funds given to states.
Following successive decline in the previous five trading sessions, the Nigeria equity market Wednesday saw positive reaction from investors, as the market performance indicators grew by 0.39% amid bargain hunting on some middle and large capitalized stocks.
Acting Director General, Securities and Exchange Commission, Deputy Vice Chancellor Academic Unilag, Prof Oluwole Familoni , SEC, Ms. Mary Uduk, Deputy Vice Chancellor Academic Unilag, Prof Oluwole Familoni; and Prof Wilfred Iyiegbuniwe of the Department of Finance at the opening of a Two-day international conference on the Capital Market held in Unilag, on Wednesday in Lagos
Nigeria might be facing another financial crisis as a result of government failing revenues, BudgIT has warned.
The market was informed of the success recorded at the Lagos State Probate Registry and it was intimated of the need to extend it to Probate Registries across the Country.
Following the successful award of a Super-Agent License, Y’ello Digital Financial Services, “YDFS,” a subsidiary of MTN Nigeria has opened its doors, announcing the launch of its super-agent network service named ‘MoMo Agent’ at an event in Abuja on Friday, August 29, 2019.
In a bid to step up its financial literacy and investor education initiatives, the Securities and Exchange Commission (SEC) has organised a one-day enlightenment outreach for officers of the Armed Forces, Police, and other Para-military and other agencies on the investment initiatives in the Capital Market, and how to protect their sundry investments.
In an impassioned key note speech, delivered before global leaders, at the 7th Tokyo International Conference on African Development (TICAD) in Yokohama, Japan, African investor and philanthropist Tony O. Elumelu CON, challenged the Government of Japan to invest 5% of its $50billion commitment to Africa, in empowering African entrepreneurs.
Nigeria’s equity market halted a bearish trend that began on Monday, August 26, to record a marginal growth of 0.02%.