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SEC Sets N5Trn Market Cap Target From Shari’ah-Compliant Products
The Securities and Exchange Commission (SEC) Nigeria has reiterated its commitment to achieve 50 listing of Shari’ah-compliant products in the capital market with a combined market capitalisation of at least N5 trillion by 2025. The commission’s Director-General, Mr. Lamido Yuguda, who restated the commitment at a “Capacity Building Workshop for local Shariah Talent for Non-interest […]
Afam Power Boss Seeks Adequate Budgetary Allocation For GenCo
The Managing Director, Afam Power Plc, Mr Olumide Obademi, on Friday appealed to the Federal Government for adequate budgetary provision to enable the company remain competitive in the nation’s power generation market. He made the appeal in Afam, Rivers State when principal officials of the Federal Ministry of Power, Works and Housing embarked on a facility inspection […]
SARS Shifts Enforcement Of CFCs Reporting Rules To June
The South African Revenue Service (SARS) has announced that it would temporarily allow taxpayers to report information on controlled foreign corporations (CFCs) under the old filing rules, which were replaced last February. The SARS had on 26 February 2018, replaced the old IT10B Adobe PDF schedule with a simplified MS Excel IT10B schedule. The new […]