Tag Archives: SEC
Why Nigerians shun banks, keep money at home
Why Nigerians shun banks, keep money at home Some experts have identified greed, corruption and instability of the financial sector as reasons why people keep money at home. In South-West, a financial analyst, Mr. Rotimi Agboluaje, bemoaned the trend, saying this had impacted negatively on the economy. Agboluaje cited illiteracy, lack of financial education and lack of confidence …
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Lagos State Government Declaring Open The Lagos Trade Fair…Pix
Anambra gets N3bn CBN grant for Agric, SMEs
Anambra gets N3bn CBN grant for Agric, SMEs Governor Willie Obiano of Anambra State on Friday said the state had secured a N3 billion grant from the Central bank of Nigeria to invest in SMEs and agriculture. Obiano made the disclosure at the flag-off of training for the first batch of 150 youths at the Federal Youths Training Centre, Mgbakwu …
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Lagos Trade Fair Open’s Today
Lagos Trade Fair Open Today The Lagos Chamber of Commerce and Industry (LCCI), the premier Chamber of Commerce and a leading voice in the organised private sector (OPS) in Nigeria, is set to host the 30th edition of the Lagos International Trade Fair. The Opening Ceremony takes off today at the Tafawa Balewa Square, Onikan, Lagos. While the Closing Ceremony …
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$30bn: Borrowing more than 2016 budget is dangerous—Economist
$30bn: Borrowing more than 2016 budget is dangerous—Economist Leading Economist and analyst, Dr. Austin Nweze has expressed fears on why the federal government is scattering the nets of borrowing abroad considering the fact that the particular budget it intends to facilitate is lower than the target loans put together. In an interview Thursday, he queried the target sources of repayment …
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Securities and Exchange Commission Financial Literacy Week, Its Visit to Obasanjo
Q3: Diamond Bank Sustain low Earnings Performance …As Profit dips by N12bn
Q3: Diamond Bank Sustain low earnings performance …As Profit dips by N12bn Diamond Bank Plc, one of the tier two bank has sustained its low earnings performance as shown in its unaudited third quarter financial for the period ended September 30, 2016. Key highlight of the accounts shows that profit for the period went down by 78 percent from N15,967 …
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NSE Organises Capacity Building for Market Participants
NSE Organises Capacity Building for Market Participants The Nigerian Stock Exchange in partnership with the Exchange Traded Funds (ETFs) Issuers Vetiva Fund Managers Limited, Lotus Capital Limited and Stanbic IBTC Asset Management have concluded arrangement to organise its annual NSE Exchange Traded Funds Workshop on Monday. According to a statement from the NSE, the workshop is targeted at investor community, …
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Oando Eyes Profitability; Posts Increased Revenue of N330bn
Oando Eyes Profitability; Posts Increased Revenue of N330bn Oando Plc, Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, has announced unaudited results for the nine months period ended 30 September, 2016. The company’s turnover increased by 26 per cent to N330 billion, compared to N262 billion in YTD September 2015, while Gross Profit decreased …
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