To encourage more listings, SEC, NSE simplify terms and conditions
The joint management of the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) have reviewed of listing process on the Exchange to drive more efficiency and cost effectiveness by streamlining the approval process between the SEC and…
‘Why presidential taskforce to clear Apapa of articulated vehicles can’t work’
Following the 72 hours ultimatum handed down on truckers and tanker drivers to vacate all highways in and around the Lagos port city of Apapa, investigations by Business Hilights have revealed that lack of functional Truck Loading Bay within may…
Just in: Africa now has a corporate history to behold, build upon—Elumelu
…As discussants seek return of history to Nigeria, African educational curriculum Africapitalism crusader and chairman of United Bank for Africa (UBA), Mr Tony Elumelu, today, averred that “African corporate narrative is not only changing but has changed the growth narrative,…
How come MTN sealed N200bn facility with banks just after listing on Exchange?
… NSE provides certain clarifications on Premium Board membership More issues and questions are beginning to crop up since the leading telecoms group, MTN Nigeria Plc listed on the floor of the Nigerian Stock Exchange (NSE). Though it had been…
Experts hit anti-graft agencies as SPIP exposes Unity Bank’s TSA breaches
Barely hours after the Special Presidential Investigation Panel For The Recovery Of Public Property (SPIP) came up with revelations on breaches and trapping of government funds meant for Treasury Single Account (TSA) in Unity Bank, financial analysts have started raising…
Just in: CBN ends MPC meeting, retains rates amidst fears of fragile economy
The Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) today, voted to maintain status quo that was reviewed during the previous meeting. Today’s meeting was the 267th meeting and third this year which came barely few days after the…
After Gambia, Kenya, Ethiopia line up to understudy how TSA works in Nigeria
Following the observed success so far recorded by the Federal Government accounting system powered by the introduction of Treasury Single Account (TSA), more African governments are lining up to understudy and adopt the regime to drive spending transparency and efficiency….
Expert explains why it’s difficult for CBN to bring down Monetary Policy Rate
More reasons why the Central Bank of Nigeria (CBN), has been maintaining apparently high side of Monetary Policy Rate (MPR) emerged Monday when latest growth statistics showed a drop in Gross Domestic Product (GDP) to 2.01 per cent, a scary…
Joining NSE Premium Board raised Seplat’s access to deep pocket investors—Orjiako
The Board Chairman of Seplat Petroleum Development Company Plc, Dr ABC Orjiako, has said that the strategic step taken in 2018 by the company in migrating to the Premium Board of the Nigerian Stock Exchange (NSE) remains a strong boost…
Avoid domestic borrowing to escape killer servicing bills—Nwankwo, ex-DMO DG
Even as the Federal Government and the current leadership at the Debt Management office (DMO) continue to insist that Nigeria’s debt profile is yet to hit alarming height, former Director General of the Office, Dr Abraham Nwankwo has given fresh…
