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Saturday, July 11, 2020

Car dealers call for policies to encourage Nigerians to patronise locally assembled vehicles

Some car dealers in Abuja have called on the Federal Government to reduce customs duties of imported cars and to formulate policies to encourage Nigerians to patronise locally assembled vehicles.! The dealers told the News Agency of Nigeria (NAN) on Monday that high customs duties...

Belgium parleys Nigeria on investment

The Belgian Ambassador to Nigeria, Mr Stephane De Loecker, on Monday said that it was imperative for Nigeria to create a more friendly investment environment to sustain herself as an investment destination. Loecker told the News Agency of Nigeria (NAN) in Lagos that his government...

New Telegraph Newspapers sack Five editors as Sun downsizes

Five senior staff of New Telegraph and Sun Newspapers have lost their jobs in on going efforts by management of the publication to cut cost of operation. In New Telegraph, three Managing Editors got letters of disengagement from the company last week. The editors included Yemi...

Despite Nigeria’s Capital Control Regime, Pockets of Opportunities exist for individual stocks and Individual companies – Odukoya

LAGOS, JANUARY 16, 2017 – LAST year, the Nigerian Stock Exchange, NSE, index underperformed most of its peers in Africa. What are we likely to see this year It is too early to tell. However, in my view, to the extent that we still have...

Reelforge Partners Nigeria PR Measurement Agency, P+ Measurement Services.

  Lagos, Nigeria – In a bid to foster partnerships and address the ever-increasing demand for a comprehensive media monitoring and measurement service to brands in the African market, P+ Measurement services has entered into a strategic partnership with Reelforge Media monitoring, one of Africa’s...

Why We Shut Down Efritin.com in Nigeria – CEO, Nils Hammar

According to news reports this week, online classifieds marketplace, Efritin.com has closed shop in Nigeria due to Nigeria’s economic conditions, 16 months after its launch. “It basically has to do with the fact that we didn’t get desired returns on our investment, so we decided...

Manufacturer cautions CBN over sale of dollar to BDCs

As the Central Bank of Nigeria (CBN) concludes arrangement to resume sale of dollar proceeds of international money transfer (IMT) to bureau de change (BDC) operators doing business in Nigeria next week, some manufacturers are calling on the apex bank to put a monitoring...

SME Investment: What Can We Expect In 2017?

Against a backdrop of political and economic uncertainty, 2016 saw small and medium-sized enterprises (SMEs) facing a number of challenges, with many concerned with how the state of the economy may affect their success in attracting investment. But now that hopefully the Buhari administration...

MMM: SEC warns Nigerians against investing in Bitcoins, other digital currencies

Nigerians have been warned against investing in digital currencies such as Bitcoin, Swisscoin and OneCoin. The Securities and Exchange Commission, SEC, disclosed this in a public notice on its website on Thursday, stating that none of the individuals or companies promoting the use of the...

FRCN’s corporate governance suspension won’t affect investment inflows— NSE

The Nigerian Stock Exchange, NSE, yesterday, expressed confidence of market rebound, saying the suspension of the Financial Reporting Council of Nigeria, FRCN, corporate governance code by the Federal Government will not affect foreign investment inflow into the capital market and the economy in general. It...
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