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As the Coronavirus, COVID-19, pandemic continues to take a toll on the Nigerian economy, the Central Bank of Nigeria, CBN, has technically devalued the naira to reflect market conditions as analysts and market operators said they are not surprised.
Capital Market: MTN listing, NNPC privatisation will spur more participation of investors – ex-minister
The proposed listing of MTN, privatisation of Nigeria National Petroleum Corporation, NNPC, and the remaining power sector privatisation will attract more participation of investors in the capital market and thus enhance financial inclusion in the country, former Minister of National Planning, Dr. Shamshudeen Usman, has said.
Stakeholders in the Nigerian capital market have urged the federal government to concentrate more on policies that would improve living standards of the people.
Securities and Exchange Commission (SEC), Debt Management Office (DMO) and other stakeholders have said that for the nation’s capital market to grow, there must be mechanism for efficiency, accountability and transparency across major economy players including the Central Bank of Nigeria (CBN).
The United Kingdom High Commission has announced that its center’s across the country has reopened.
Most of the looted palliatives in warehouses across the nation were awaiting distribution to over 2 million vulnerable households, the private sector-led Coalition Against COVID (CACOVID) has explained.
Two minors and four other suspects were paraded on Monday by police in Ekiti State in connection with arson attacks on three police stations in the State.
The Ekiti State Judicial Panel of Inquiry on the Allegations of Human Rights Violations Against the Police, defunct SARS officers and other Persons has commenced its activities with a call on citizens of the State to start submitting petitions ahead of its November 2 inaugural sitting.
The British High Commission in Nigeria has asked the Federal Government of Nigeria led by President Muhammadu Buhari to investigate all killings and incidents associated with the #EndSARS protests.
The Chartered Institute of Bankers of Nigeria (CIBN) has suspended its 2020 Fellowship Investiture Ceremony earlier scheduled for Oct. 24, at Balmoral Convention Centre, Victoria Island, Lagos.
The Federal Road Safety Corps has lamented that its offices in Abia, Anambra, Delta, Edo, Imo, Lagos, and Enugu were attacked by hoodlums.
Akwa Ibom State Government has embarked on on-the-spot assessment of properties vandalized in Uyo, the state capital as an aftermath of the #EndSARS protest.
The Senate Public Accounts Committee has queried the Niger Delta Basin Development Authority (NDBDA) over N220 million unexecuted contracts.
Activities surrounding the #ENDSARS protest may mar the already documented Nigeria’s growth projection, the International Monetary Fund has said.