Nigerian Stock Exchange Highlights Capital Market As Viable Funding Source For SMEs Date
03/02/2021
In recognition of SMEs as critical agents of economic development and transformation in Nigeria, the Nigerian Stock Exchange (NSE or The Exchange) continues to support the growth and development of small businesses in Nigeria. The most recent of these efforts was the webinar hosted by The Exchange on Wednesday, 3 February 2021 themed,
Capital Raising for SMEs through the Stock Exchange.
The webinar was hosted in collaboration with various Trade Groups/Chambers of Commerce in the Northern region of the country, and was headlined by the President, The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA), Hajia Saratu Iya Aliyu.
COVID-19 vaccine: Nigeria’s procurement suffers setback over budget delay
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KAYODE OYERO
The Federal Ministry of Health has yet to submit a budget proposal to the National Assembly for the procurement of COVID-19 vaccines over one month after the legislative arm of government asked the ministry to do so,
Sunday PUNCH has learnt.
This has, however, begun to spark fears that the delay may affect the procurement of the much-awaited vaccines.
The Minister of Health, Dr Osagie Ehanire, had on December 22, 2020 told the Senate that the Federal Government would need about N400bn to vaccinate 70 per cent of Nigeria’s population. The Senate leadership subsequently asked Ehanire to bring a budget while they promised to give it quick consideration.
â¢New policy will herald Nigerian-made cars, NECA, LCCI insist
Dike Onwuamaeze
Members of the organised private sector (OPS) have expressed divergent views on the move by the federal government to begin the implementation of the reduction in the import levies on automobiles as contained in the 2020 Finance Act.
The Comptroller-General of the Nigeria Customs Service (NCS), Col. Hameed Ali, had on Tuesday stated that the service would start the implementation next week.
Ali, however, added that the NCS is awaiting official communication from the Ministry of Finance to fully commence the implementation.
According to him, the vehicle tariff reduction is contained in the 2020 Finance Act and initiated by the NCS to ease the cost of transportation in Nigeria.
Vanguard News
Organised Private Sector backs Lagos Economic Summit
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ECONOMY
The Organised Private Sector (OPS) has reaffirmed commitment to continued deployment of the Lagos Economic Summit (Ehingbeti) as a channel for setting developmental agenda for Lagos State.
The Summit which will hold virtually for the first time is scheduled to hold from Tuesday 16 to Thursday 18 February, 2021. Speaking at a recent stakeholders’ conference on the Summit, the organised private sector (OPS) stressed the need for the government to focus on infrastructural development, job creation, waste management and social issues.
Other areas listed for government’s consideration by the OPS are investment in technology and innovation, security, while the government was also advised to enable the large population of entrepreneurial youth domiciled in the state to take advantage of their skills and talents.
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