Economy News Extra Investments/Capital Market Latest News

SEC Urges Investors To Update Accounts With Ownership Proofs

The Securities and Exchange Commission, SEC, has urged investors in the nation’s capital market to provide proofs of ownership to facilitate the regularization of their accounts and help curb the increasingly worrisome rate of unclaimed dividends in the market. The Acting Director General of the SEC, Ms Mary Uduk, gave the advice at a One-Day […]

Banking Economy News Extra Latest News

Banks To Pay N1Mn Fine For Clean Note Policy Infraction

The Central Bank of Nigeria (CBN) on Tuesday indicated its plan to release a new Clean Currency Policy and Banknote Fitness Guidelines and plans as part of its efforts to mop up all the mutilated naira notes in circulation nationwide. The apex bank’s Director, Currency Operations, Priscilla Eleje, while giving the hint on the planned  […]

Economy News Extra Latest News Revenue Taxation

FG, Others Shared N617.6Bn In March – FAAC

The Federation Account Allocation Committee (FAAC) reported on Tuesday that the three tiers of government shared a total sum of N617.566 billion in March from revenue accruals into the Federation Account. This figure was contained in a communique issued by the Technical sub Committee of the FAAC at the end of its meeting in Abuja. […]

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