Articles
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2 weeks ago |
allafrica.com | Peter Egwuatu
Analysts have warned stock market investors to trade cautiously as sentiments would depend on the Central Bank of Nigeria, CBN's monetary policy decision this week. Meanwhile, trading on the Nigerian Exchange Limited, NGX, extended its positive momentum last week, marking the fourth consecutive week of gains as investors reacted to the April inflation report and global trade developments.
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3 weeks ago |
nigeriaworld.com | Peter Egwuatu
NASD PLC has expressed its commitment to engaging with the Securities and Exchange Commission (SEC) to attract diaspora investors following the introduction of the Non-Resident Bank Verification Number (NRBVN) by the Central Bank of Nigeria (CBN). Speaking at a press conference in Lagos, Eguarekhide Longe, Managing Director/CEO of NASD PLC, praised the CBN for launching the NRBVN, describing it as a gateway to a borderless Nigerian capital market.
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3 weeks ago |
nigeriaworld.com | Peter Egwuatu
Berger Paints Nigeria (BPN) PLC shareholders have unanimously approved the proposed 100 kobo final dividend for the 2024 financial year, bringing the total dividend payout to N1.20 per Ordinary Share of 50 kobo each. This translates to a total distribution of N347.8 million, reflecting the company’s strong performance despite challenging market conditions.
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3 weeks ago |
nigeriaworld.com | Babjide Komolafe |Peter Egwuatu |Yinka Kolawole |Nkiruka Nnorom
Nigeria’s foreign exchange earnings have come under fresh threat following plans by the United States’ Congress to impose a five per cent tax on all diaspora remittances. The Bill, unveiled by the House Republicans on Monday, is aimed at curbing money transfers to foreign countries. The tax would be paid by the sender and collected quarterly by the US Treasury Department. Verified US citizens would be exempted from the levy and could claim it as a credit.
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3 weeks ago |
nigeriaworld.com | Peter Egwuatu
The Securities and Exchange Commission (SEC) has ramped up its fight against ponzi schemes in Nigeria, vowing to take decisive action against illegal fund operators while educating the public to prevent further incidences of collapse of illegal investment schemes.
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LlAbdulRazaq restates commitment to people’s welfare as cabinet okays completion of Igbaja, Offa, Ora, Banni, Lafiagi township roads, others – The News Now - https://t.co/Hm4dS2IGyy
"Act patriotically in the national interest. Don’t foist a disastrous presidency on Nigeria."
Our dear Governor, Sanwo-Olu, pls kindly come to our aid. We have not been having water supply for over a year in my area at Surulere, specifically Ijeshatedo. In my place at Oke Oloruntedo Street, we have not seen water and those who sell private water do exploit us the
