November 16, 2016/Reuters By Hideyuki Sano | TOKYO A pause in both the sell-off in global bonds and sharp rise in the dollar following Donald Trump’s election victory, together with Wall Street’s record high overnight helped Asian shares steady on Wednesday. U.S. President-elect Trump’s plans to cut taxes and boost […]
Updates
Foreign Investment in Equities Falls to Nine – Year Low
16/11/2016/Thisday Goddy Egene The foreign investment in Nigerian equities in the third quarter of 2016 fell to nine – year low as investors seek safety in less risky and high yielding fixed income securities. The capital importation data supplied by the Central Bank of Nigeria (CBN) and recently released by the […]
FG to recover N450bn from CBN, PTDA, SEC, others
16/11/2016/Punch Ifeanyi Onuba The Federal Ministry of Finance on Tuesday announced the constitution of a committee to recover about N450bn unremitted operating surpluses from some agencies of the government. The committee headed by the Accountant-General of the Federation, Alhaji Ahmed Idris, is to reconcile the operating surpluses of 31 revenue-generating […]
