The Securities and Exchange Commission (SEC) has expressed its determination to raise the participation of retail investors in the Nigerian Capital market as that is one of the critical ways of deepening the market. Director General of SEC, Mounir Gwarzo stated this when the Management of the Commission visited the Federal Radio Corporation of Nigeria (FRCN) on an advocacy visit on the 10 year Capital Market …
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FG charged to ensure just tax regime
Against the multiplicity of tax regime in the domestic economy, speakers at the 8th Wole Soyinka Centre Media Lecture Series have charged the Federal Government on the need to ensure an inclusive, simplified and automated tax regime in the country. The lead speaker, Adebimpe Balogun, who was the first female president of the Chartered Institute of Taxation of Nigeria (CITN), …
Read More »FG explains why capital releases are delayed
The Federal Government said, yesterday, that procurement procedure and low revenue were responsible for the delay in capital releases to service the 2016 Budget. The Minister of Budget and Planning, Senator Udoma Udoma, disclosed this, in Abuja, while briefing the Sen. Danjuma Goje-led Senate Committee on Appropriations, on the 2016 budget implementation. He lamented the level of performance …
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