21

Aug

Stock Market Review: August 21, 2023

The Nigerian stock market last week closed on a bearish note as the All Share Index declined by 0.93% week on week. Year to date, the market has returned 26.28% with the All Share Index and Market Capitalisation at 64,721.09 points and N35.442 trillion. In a stock market review with the MD/CEO of Global View Capital Limited, Aruna […]

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21

Aug

President Tinubu reassigns portfolio, appoints Abubakar Momoh as Niger Delta Minister

President Tinubu has reassigned the former Osun State Governor, Adegboyega Oyetola, from the Federal Ministry of Transportation to the Federal Ministry of Marine and Blue Economy. The president also approved the appointment of Abubakar Momoh as the Minister of Niger Delta development. Mr Momoh was redeployed from the Federal Ministry of Youth. According to the Special Adviser[…]

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21

Aug

CBN advises against illegal financial operators

The Financial Services Regulation and Coordinating Committee (FSRCC), in collaboration with National Broadcasting Commission (NBC), wishes to draw the attention of the public to the worrisome increase in the activities of Illegal Financial Operators (IFOs) which portends grave risk to the public confidence and stability of the Nigerian Financial System. The FSRCC and NBC in their continuing[…]

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