The Senate is in the process of subjecting the Office of the Auditor-General for the Federation (OAuGF) to independent financial audit by auditors appointed by the National Assembly as part of efforts to ensure greater transparency and accountability in the nation’s public sector financial system. This proposal is part of […]
Capital Market
Transcorp targets N289bn revenue in five years
Transnational Corporation of Nigeria Plc says it expects its revenue to rise from N18bn in 2013 to N289bn by 2018, following the progress in its business diversification and expansion plan. The Chief Executive Officer, Transcorp, Mr. Obinna Ufudo, said this on Monday when the company visited the Nigerian Stock Exchange […]
Foreign investment in Nigeria capital market hits N2.4trn
An Economist with the Lagos Business School has said the foreign portfolio investment in Nigeria’s capital market reached $15 billion (N2.36 trillion) in 2013. Dr Doyin Salami said Nigeria remains one of the fastest growing economies in the world due to increase in activities, international trading relations and reduction in […]
