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All posts tagged "headline"

  • SEC warns Capital Market operators against infractions

    The Securities and Exchange Commission (SEC) has won operators in the nation’s capital market against infraction, saying persons who violate the provisions of the Investment and Securities Act and the Rules and Regulations made pursuant thereto would...

    • Posted September 23, 2015
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  • Foreign investors withdraw N410bn from stock market

    The dwindling attraction and returns in the country’s stock market caused foreign portfolio investors to pull out N410.49bn from the equities segment of the Nigerian Stock Exchange between January and August this year. Data obtained from the...

    • Posted September 23, 2015
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  • Oil price decline permanent – DMO DG

    The Director-General, Debt Management Office, Dr. Abraham Nwankwo, on Monday said the decline in the prices of crude oil was a permanent phenomenon. Nwankwo said this in a paper entitled: ‘Deploying public debt management operations to enhance...

    • Posted September 23, 2015
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  • BDCs support FG’s stance against naira devaluation

    The Association of Bureau de Change Operators of Nigeria (ABCON) have condemned the clamour for further depreciation of the naira by some analysts and investors. The association stated this at the end of a forum it held...

    • Posted September 23, 2015
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  • ABCON suspends Amazon BDC over unethical practices

    The Association of Bureaux De Change Operators of Nigeria (ABCON) has suspended indefinitely, Amazon BDC, its directors and staff members over their involvement in unethical practices, pending the outcome of investigations by law enforcement agencies and the...

    • Posted September 23, 2015
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  • World Bank appoints new Country Director for Nigeria

    The World Bank monday announced Rachid Benmessaoud as the new Country Director. He is also Coordinating Director for West Africa Regional Integration Programme. Benmessaoud joined the World Bank in 1990 as an Energy Planner in the then...

    • Posted September 23, 2015
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  • Power Ministry in talks with CBN, PenCom over funding

    The Permanent Secretary in the Federal Ministry of Power, Ambassador Godknows Igali has said the ministry is currently discussing with the Central Bank of Nigeria (CBN) and the National Pension Commission (PenCom) on the possibility of raising...

    • Posted September 23, 2015
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  • Equities Market gains N277billion as investors ignore JP Morgan’s plan

    The Nigerian equities market gained N277 billion in the last two weeks despite the plan by JP Morgan to remove Nigeria from its Government Bond Index (GBI-EM) by the end of the year. Although the threat directly...

    • Posted September 22, 2015
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  • Analysts expect equities to sustain positive trend

    Capital market analysts have said they expect equities to build on the recent positive momentum this week. “We expect the NSE ASI to bounce back into the green at week open, considering the positive market breadth across...

    • Posted September 22, 2015
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  • CBN urges operators to take advantage of N220bn MSME Fund

    The Central Bank of Nigeria (CBN) has expressed its commitment to bridging the N9.6 trillion financing gap in the micro, small and medium scale enterprises (MSMEs) sub-sector of the economy. CBN Director of Corporate Communication, Alhaji Ibrahim...

    • Posted September 22, 2015
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