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SEC publishes rules on capital market holding companies, others for exposure

The following are proposed rules/amendments for exposure to stakeholders/general public for comments and input.All comments should be forwarded to rulescommittee@sec.gov.ng or through the DG, SEC not later than two (2) weeks from the date of this publication.Capital Market Holding Companies Rules Definition of terms Capital Market Holding Companies (CMHC) means a financial group of companies

$40b more Chinese investment coming

China is to invest $40 billion more in Nigeria.Chinese Foreign Affairs Minister Wang Yi broke the news yesterday during a bilateral meeting with his Nigerian counterpart, Mr Geoffrey Onyeama, in Abuja.He said China had already invested up to $45 billion in Nigeria.“Nigeria and China are strategic partners; our relations have

Emirates Employs 130 Nigerians

Emirates employs more than 130 Nigerian nationals across the Emirates group, of which over 60 are employed in Nigeria and not 10 as reported in some local media, the airline has said.According to the biggest Middle East carrier, its operation also supports many more jobs in Nigeria’s aviation services supply

Another Initiatives Against the Economic Recession

On Monday, the Senate President, Dr. Abubakar  Bukola Saraki, announced the “Made-in-Nigeria Challenge” - an offshoot of his campaign to stimulate the public’s appeal for Nigerian-made goods. Basically, the aim of the “Challenge” is to encourage local manufacturers by giving them the necessary incentive and support needed to grow and compete with

FG Initiates Investor Match -Making Platform to Drive FDI, Commends Saraki’s effort on #MadeinNigeria

The Federal Government has mulled the establishment of a match-making database to aid international business interconnectivity and stress-free investments into the country.According to the Foreign Affairs Minister, Geoffrey Onyeama, the 119 Nigeria missions abroad would serve as one-stop shops to spur investments through information sharing and elimination of bottlenecks.He said

Aero Resumes Full Flight Operations

After close to four month of self-imposed suspension, which was embarked upon as a strategic business realignment to reposition the airline and return it to the part of profitability, Aero Contractors Airlines is to resume scheduled services across the country from Wednesday, December 21 and full flights  operations Thursday, December

Lagosians rush to get Lake Rice

Many Lagos residents yesterday flocked centres where the “Lake Rice” is being sold for N12,000 per bag. Lake Rice is a product of the joint agricultural venture between Lagos and Kebbi states designed to ensure food security and showcase the country’s ability to become a rice producing nation. The name Lake Rice

Lagos is The Ideal Destination For Investors from Germany

Lagos is The Ideal Destination For Investors From Your Country, Lagos Speaker Obasa Tells Delegation Of German Parlamentarians.The Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Ajayi Obasa, has stated that Lagos State remains the best destination for foreign investors, particularly those from Germany, with iits improving

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