Tag Archives: SEC

The Central Bank of Nigeria (CBN) has registered an additional 285 foreign exchange dealers, bureau de change operators, in the country between January and September this year. The Association of Bureau De Change Operators of Nigeria (ABCON) said the exercise would further deepen the retail foreign exchange segment of the market. According to the apex regulatory agency, as at September …

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Oando and its Joint Venture (JV) partners the Nigerian National Petroleum Corporation (NNPC) and Nigeria Agip Oil Company (NAOC), have given a boost to agriculture through training and giving assistance to farmers leading to greater awareness on what farmers should do to increase yield. As a result of the increased awareness on the agric sector’s growth potential, oragnisations such as …

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The National Bureau of Statistics on Wednesday released the Consumer Price Index  which measures inflation with the index dropping year-on-year from 15.98 per cent in September to 15.91 per cent in October. The bureau in the report which was made available said this is the ninth consecutive month since January this year that the index would be slowing down. The report …

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The Director General of Nigerian Securities and Exchange Commission (SEC), Mounir Gwarzo, said things are looking good for the capital market and the nation with the growth the market witnessed in the last quarter, which also coincided with a low general inflation as well as increased GDP and Foreign Reserve Nigeria has recorded. The DG maintained this position on Monday …

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Photo Caption: From Left: Area Manager, Public Sector, North East, Ecobank Nigeria, Umar Bako; Area Manager, Personal Banking, North East, Ecobank Nigeria, Babagana Kyari; Senior Teacher/Rep. Principal, Govt. Girls Unity College, Damaturu, Shehu Zakari; and overall best student of Govt. Girls Unity College and award recipient of Ecobank, Suhayya Suleiman Dan Azumi, during the World Saving Days lecture organized by …

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The former Minister of Finance and National Planning, Dr. Shamsudeen Usman has called for close collaboration between the executive and legislature to address the issue of lag in budget implementation. Usman who made the call at the 2018 budget seminar organized by the Securities and Exchange Commission (SEC), tagged the ‘Nigerian Capital Market and Budget 2017: Lessons for 2018’ said …

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Foremost industrialist and entrepreneur, Tony Elumelu, on Monday urged Nigerian and foreign investors to take advantage of the World Bank’s Ease of Doing Business ranking of Nigeria to invest in the country.  Speaking with Journalists after a visit to the Presidential villa, Elumelu said there is so much private global capital looking for investment destination, adding that this new ranking would attract …

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The Nigerian Stock Exchange (NSE) confirmed Wednesday that Mr. Ade Bajomo, Executive Director, Market Operations and Technology has resigned his appointment effective December 31, 2017 to pursue other challenges. Also, Mr. Haruna Jalo-Waziri, in light of his recent appointment as the Chief Executive Officer of CSCS Plc, has resigned his position as Executive Director, Capital Markets at The Exchange effective …

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Unity Bank Plc has lifted  the trophy of the 31st edition of Central Bank of Nigeria (CBN) sponsored Financial Institutions Football League after beating Securities and Exchange Commission (SEC)  1-0 at Lafia Stadium,  Nasarawa state. For emerging tops at the competition, Unity Bank got N2 million prize and a trophy as its reward for outperforming 12 other teams that participated in …

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Shareholders of Lafarge Africa Plc on Monday November 6, 2017 approved the proposed scheme of merger with United Cement Company of Nigeria Limited (Unicem) and Atlas Cement Company Limited (Atlas). The board of directors of Lafarge Africa received shareholders endorsement at a court ordered meeting in Lagos. According to chairman of Lafarge Africa Bolaji Balogun who addressed shareholders on the …

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