Dogara to ring bell at Nigerian Stock Exchange Friday

Speaker of the House of Representatives, Yakubu Dogara will on Friday ring the bell at the Nigerian Stock Exchange (NSE) in Lagos.

A statement issued by the Special Adviser on Media and Public Affairs to the Speaker, Turaki Hassan, said Dogara, will ring the bell to close activities on the floor of the Nigerian Stock Exchange by 2pm on Friday.
The speaker was invited to the NSE in recognistion of his contribution and that of the House of Representatives in deepening of the market through legislation.
Dogara has been championing calls for the deepening of the exchange  and recently, while declaring open a conference organised by the House Committee on capital market, said the House may pass laws that will compel multinational oil, gas and telecommunucations companies doing business in the country to list a certain percentage of their value on the NSE.
He had stated further that large companies in the listed sectors must be compelled to list on the capital market in order to deepen the market and make capital available for investors and create employment.
The speaker has also called for severe sanctions against fraudulent stock market players as part of measures to strengthen the country’s financial market.
The House of Representatives had initiated legislation to effectively regulate the stock market to ensure the safety of investors’ funds.
While expressing confidence that the stock market could provide the needed platform to revamp Nigeria’s economy, the speaker had also said the House of Representatives was ready to contribute its quota, to check the drift in the sector.
The House Committee on Capital Market and Institutions led  Tajuddeen Yusuf (PDP, Kogi) last month held a conference on the Capital Market and Nigeria’s Economy in Abuja.

Comments

Post a Comment

Popular posts from this blog

Get Rid of Fats

Image
 Aju Mbaise is a fat burning traditional medicine, a combination of leaves, roots and trunk of a medicinal tree wrapped together. Who Can Use the Herbs? Nursing mothers: These herbs are taken by women who just put to bed. It helps to detoxify, cleanse and sanitise the stomach after delivery. Women with big tummy who have given birth before uses it. Women who wants to slim down. Men with potbelly. Single and married uses it. Those having menstrual problems. Importance of Agu Mbaise: 1. It gets rid of the stale and bad blood in the womb, the excess water and every post natal substances that may be left, hence allowing the stomach to return to its normal size. 2. Irregularity in menstruation: It also helps the woman’s cycle to normalize and be ready for conception. Stops painful and scanty menstruation. 3. For detoxification: A woman who just miscarried can take it too to clear off dead particles. 4. It enhances fertility in women. 5. It’s also used by th
Read more

Photos from the birthday party of Runtown’s son with US video vixen, Selena Leath

Below are photos from the first birthday party of Zamir, son to Nigerian singer Runtown and US video vixen, Selena Leath. The both of them welcomed their son on June 13, 2017. According to reports, the Mad Over You crooner was super excited at the birth of his son. He excitedly announced on all his […] The post Photos from the birthday party of Runtown’s son with US video vixen, Selena Leath appeared first on Kemi Filani News .
Read more