The Minister of Budget and National Planning, Senator Udoma Udo Udoma is optimistic that the Nigerian economy will continue to maintain its recovery in 2019 as the real GDP growth is expected to increase from 0.8% in 2017 to 2.1% in 2018 and 3.01% in 2019, with the sustained implementation of the ERGP. The Minister…
The Securities and Exchange Commission, SEC, has urged stakeholders in the capital market to steps to attract and retain both local and foreign investments to stimulate economic growth and develop critical infrastructure necessary for the country’s development. Acting Director General, SEC, Ms. Mary Uduk, gave this charge yesterday at the formal launch of the book…
Seasoned Nigerian Investment Banker Mrs Toyin Sanni today at the Nigeria Stock Exchange (NSE) launched her book “Riding the Eagle: A Guide to Investing in Nigeria”. The event brought together stakeholders in the financial services sector and the capital market. Giving his opening remarks the Chief Executive of the NSE, Mr Oscar Onyema, noted that the…
The Naira, yesterday, appreciated to N358 .5 per dollar in the parallel market. According to naijabdcs.com, the live exchange rate platform of the Association of Bureaux de change Operators of Nigeria (ABCON), the parallel market exchange rate fell to N358 per dollar yesterday from N360 per dollar the previous week, indicating N2 appreciation for the…
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Members of the House of Representatives on Tuesday set the new National Minimum Wage as N30,000. They reached the decision a day after conducting a public hearing on the bill for a new national minimum wage. The lawmakers at the Tuesday plenary considered the report of the ad hoc committee that looked at the bill…
Despite the approaching elections, which has seen foreign portfolio investors exit Nigeria, some others apparently hold a contrarian view. Sources familiar with the transaction, revealed $1 billion in fresh funds was channelled to buying treasury bills last week. While foreign portfolio investors holding equities may have largely pulled out, regardless of who wins the elections,…
We are grateful and excited you made it into the new year.
Our doors are opened for 2019 and we are ready for outstanding moments. .
Let’s get started together. Welcome to 2019 – A call for increased commitment… .
In its drive to enhance members’ businesses, the Nigeria-British of Chambers and Commerce (NBCC) has disclosed plans to fully engage the Information Technology (IT) sector in the coming year. With this, the chamber said it has initiated plans through strategic collaborations with the Nigerian and British business communities to add value to its members with…
Some real estate investors/developers and speculators are raising stake in land purchase in Ibeju-Lekki communities, home of Lekki Free Trade Zone (LFTZ), Lagos, New Telegraph has learnt. According to investigation, more than 200 property firms, business owners and home seekers are jostling for space in the corridor, acquiring large expanse of lands, while others have…