Opinion

Debt Management Office, DMO

Investors interest in the FGNSB weakens by 88 pct in Nov.: analysis

Investors appetite for the newly introduced Federal Government of Nigeria, FGN, Savings Bond (FGN-SB or Savings Bond) has eroded by 88 percent as at November, 2017. But the Debt Management Office (DMO), the issuers of the bond, and market analysts are divided over the performance. Vanguardngr analysis of the allotment results of the Bond from […]

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INTERVIEW: Billionaires make money in Nigeria, evade tax but pay abroad –Adeosun, finance minister

The Minister of Finance, Mrs Kemi Adeosun, has once again read the riot act to tax evaders in the country. According to her, the Federal Government would come hard on the tax dodgers from next April when the grace period for voluntarily assets and income declaration would have been over. In this interview, she explained […]

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world news, trump, u.s., business news, stock market, entertainment news, business news, company news, market, commodities, commodity, Africa news

We’re changing Nigeria from import oriented country – Alok Gupta, CEO, African Industries Group

Alok Gupta is the Group Managing Director, African Industries Group. In this interview, he discusses the challenges of exporting steel from Nigeria and a variety of issues affecting the steel industry in Nigeria. Excerpt. By Franklin Alli How long have you been operating in Nigeria and how much you have invested in the economy? African […]

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Mukhtar TSA boss tells why they want Wale Tinubu Oando CEO removed

Alhaji Mukhtar is the National Chairman of Trusted Shareholders Association of Nigeria. The shareholder activist recently spoke to Daily Sun on some of the major development on the Nigerian capital market and lamented that regulators have allowed some of the problems in the market to fester. Excerpt: My views on controversy surrounding Oando Plc It […]

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Tony Elumelu and the AFRICAPITALISM campaign to eliminate poverty in in Africa

Few Africans have talked about pan Africanism and made it happen. And one of such people is Tony Elumelu, the self appointed champion of AFRICAPITALISM -Afrocentric entrepreneurship aimed at stimulating economic growth towards the elimination of poverty in the continent of Africa. The banker turned entrepreneur through his HEIRS holding-a diversified conglomerate, has in the […]

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Aisha Buhari

Aisha Buhari making most of the ‘Freedom of Information’ Act

When the Freedom of Information Act was enacted in 2011, many citizens mostly activists and journalists assumed that the nation had achieved a near revolution because through the Act the days of secrecy in governance ought to be over. According to Vanguardngr, although it was expected that the Act would make Nigerians know everything about […]

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Nigeria, South Africa struggles for ‘Africa’s Biggest Economy’ title

Nigeria and South Africa, which emerged from recession in the second quarter of this year, are vying for the title of Africa’s biggest economy. Deciding which African economy will be the biggest at the end of this year will depend on which exchange rate used, Bloomberg showed on a chart. While the International Monetary Fund […]

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INTERVIEW: Nigeria to ensure safe drone operations – Dunoma, FAAN boss

Saleh Dunoma, the Managing Director of the Federal Airports Authority of Nigeria (FAAN) has 37 years of cognate experience in the aviation sector. A 1979 graduate of Building Engineering from Ahmadu Bello University, Zaria, Dunoma had a brief stint in the public and private sectors before being employed in the Civil Engineering Department of the […]

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Analyst explains differences between Sukuk and FGN Bond

A bond, according to Nairametrics is a fixed income debt instrument issued by the government (federal or state government) or corporate institutions with a definite date of maturity and a fixed interest payment (known as coupon) payable either semi-annually or annually. The government usually issue bonds at the primary market to raise domestic funds to […]

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‘Lagos emerges third world’s worst cities for drivers’

(FORBES) You may think traffic is bad and motorists are rude where you live, but if you’ve ever traveled abroad and rented a car, you know there’s more than just language barriers to surmount while traversing international roads. After, say, about the fifth or sixth time spent circling the Arc de Triomphe de l’Étoile in […]

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The Nigerian Stock Exchange (NSE)

Prices on NSE may trade around, above current level in H2: analysis

Investment analysts in the capital market have said that prices on the Nigerian Stock Exchange, NSE, may trade around current levels and even higher towards the end of the year. Analysts at Cowry Asset Management Limited expressed this view in a Report titled “H1 2017 Review and Outlook for H2 2017”. They projected a positive […]

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What is Stamp Duty and why do we have to pay for it?

Nairametric define Stamp Duties as taxes paid to the Federal or State Government on documents such as Conveyances on sale, Bills of Exchange, Promissory notes, Agreements, Contracts, or even documents such as Letters and certificates of admission, Instruments of Apprenticeship, Insurance Policies etc. Any written document that is not stamped is not allowed to be […]

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