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Financial experts on Saturday said the hasty postponement of the general elections by the Independent National Electoral Commission would create uncertainty and affect inflow of foreign investments.
Financial experts on Monday called for speedy passage of the 2019 budget saying incessant delay in the approval of budgets over the years contributed to the downturn in the economy.
The year 2018 was not so rosy for the Nigerian Stock Exchange (NSE) as its crucial indicators depreciated by 19.77 per cent due to uncertainties surrounding the forthcoming general elections.
Zainab Ahmed, Minister of Finance, said on Thursday that the Federal Government will be releasing new revenue initiatives which will include a new set of taxes and excise duties.
Some financial experts on Monday expressed decried the low level of awareness on green bonds investment in Nigeria.
Investors’ net worth on the Nigerian Stock Exchange dropped by N581bn in November, amid ‘sell pressure’ ahead of the 2019 general elections and Yuletide celebrations.
Cement Company of Northern Nigeria (CCNN) has dominated other companies to emerge as best performing stock in percentage terms on the Nigerian Stock Exchange (NSE) for the half year ended June 30, 2018, according to data from the exchange.
Financial experts on Thursday advised the Federal Government to avoid bureaucratic bottlenecks and ensure quick release of funds for optimal performance of the 2018 budget.
Investors on the Nigerian Stock Exchange on Wednesday failed to react positively to the 2018 budget signed by President, Muhammadu Buhari, as the major market indicators declined further.
Some financial experts on Thursday said the Federal Government must change its approach towards the implementation and disbursement of the annual budget for it to impact positively on Nigerians.
Transactions on the Nigerian Stock Exchange (NSE) maintained a downward trend on Tuesday, with the All-Share Index declining by 0.04 per cent.
The Nigerian Stock Exchange (NSE) on Wednesday lifted the technical suspension placed on Oando shares with the Securities and Exchange Commission (SEC), ordering a reversal three hours later.
Financial experts on Thursday expressed optimism that the Monetary Policy Committee (MPC) would review the interest rate at its subsequent meetings when the 2018 budget would have been passed.
Transactions on the Nigerian Stock Exchange (NSE) on Wednesday extended downward trend with the All-Share Index losing 441.16 points in one trading day.
Many penny stocks posted price depreciation on the Nigerian Stock Exchange (NSE) for the month of February, with Consolidated Hallmark emerging the worst performing stock in percentage terms.
Transactions on the Nigerian Stock Exchange ended on a cautious note on Wednesday with the All-Share Index increasing marginally by 0.02 per cent.
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At least nine persons including a police officer, have been reportedly killed by gunmen at different locations in three local government areas of Rivers State.
Former Governor of Plateau State and Senator representing Plateau North, Dr Jonah David Jang, has accused the All Progressives Congress (APC) of manipulating the Independent National Electoral Commission (INEC) to enable them rig the rescheduled Presidential and National Assembly Elections.
The Labour Party governorship candidate in Kwara state, Issa Aremu, has said the postponement of the general elections by the Independent National Electoral Commission (INEC), was accompanied with mixed feelings.
The Chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, has ruled out political influence in the postponement of the Presidential and National Assembly elections earlier scheduled to hold on February 16 and March 2, 2019.
The National Chairman of the All Progressives Congress, Adams Oshiomhole, has condemned the postponement of the general elections by the Independent National Electoral Commission.
Some residents of Anambra have expressed sadness over the postponement of the general elections by the Independent National Electoral Commission (INEC), describing it as `unfortunate’.
Two bus conductors, Peter Ayodele, 20, and Chibuzor David, 21, were arraigned in Lagos on Tuesday for allegedly stealing three underwears belonging to a housewife.
The National Industrial Court, Abuja, on Thursday ordered the Nigeria Deposit Insurance Corporation (NDIC), to pay a former Deputy General Manager of the defunct Hallmark bank, Eze Okorocha, N27.9 million, being his benefits within 30 days.
Manchester City manager Pep Guardiola has apologised to Riyad Mahrez for the winger’s lack of game time in recent weeks, saying the Algerian’s form is not to be blamed.
The Court of Appeal sitting in Sokoto has dismissed the appeal challenging the judgment of the lower court which upheld the primaries of the All Progressives Congress in Zamfara State.