GDP: Nigeria stock market may end 2020 in red – Uwaleke
Uche Uwaleke, Professor of Finance and Capital Market, says the Nigerian Stock Exchange (NSE) will likely close 2020 in red, based on negative real GDP growth rate projections.
Experts seek removal of VAT, withholding tax on dividend, others
To spur stock market rebound post-COVID-19, experts have called for the removal of Value Added Tax (VAT), and stamp duty on capital market transactions.
SEC, ACMAN partner on capital market institute’s studies
The Securities and Exchange Commission (SEC) and Association of Capital Market Academics of Nigeria (ACMAN) have entered into a partnership to develop a curriculum for the Nigerian Capital Market Institute (NCMI).
Second green bond offer records 220% oversubscription, says DMO
The Debt Management Office (DMO), yesterday, said its second Sovereign Green Bond offering, where it sought to raise about N15 billion...
CBN tweaks 32-month-old policy rate, opts for growth
The Central Bank of Nigeria (CBN) yesterday took local and international investors by surprise, cutting the 32-month-old Monetary Policy Rate (MPR) by 0.5 per cent to 13.5 per cent...
SEC, stakeholders seek pro-capital market measures in national budget
The Securities and Exchange Commission (SEC), in collaboration with capital market stakeholders have urged the federal government to accelerate market growth by introducing pro-capital market measures into the national budget.
‘Why government must prioritise capital market issues’
Piqued by the non-inclusive approach of Nigeria’s economic growth in the past few years, capital market experts at the weekend, stressed the need for government to position the market at the centre of policy formulation in order to achieve a more vibrant and competitive market post-election. The stakeholders insisted that as the economy has returned…
Osinbajo should chair council for capital market master plan
It is no longer news that the Nigerian equities market, with a disappointing record of -18.84 per cent Year-to-Date return, was among the poor performing stock markets...
Government loses claims on efficiency with N4tr recurrent expenditure plan
If there is efficiency in Nigeria’s governance, it has not been in the last fours and would remain a pipe dream, until it is realised, possibly in distant future, as about N500 billion additional cost is projected this year, despite revenue shortfalls.