The scheduled meeting between the organised labour and Federal Government today, over the 30-day ultimatum to meet the demands of the former as contained in a signed Memorandum of Understanding, has been postponed. A top official of the Nigeria Labour Congress, who spoke with The PUNCH, said the meeting will …
Read More »SEC blames forex scarcity for low foreign investments
The Director-General of the Securities and Exchange Commission, Lamido Yuguda, has blamed the dwindling level of Foreign Portfolio Investments in the country on scarcity of foreign exchange. Based on data from the National Bureau of Statistics, the Foreign Portfolio Investment (including equity, bonds and money market instruments) dropped by 27.86 …
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