The Securities and Exchange Commission, Nigeria has been advised to rethink its strategy on investor education in the country, with the focus of decentralizing it and making it inclusive. Mr. Ambrose Omordion, the CEO of Invest Data emphasized this while exploring the opportunities for achieving a vibrant Nigerian capital market that could attract retail investors across the country.
The latest inflation report published by the National Bureau of Statistics (NBS) showed that December's headline inflation reading unexpectedly increased by 23bps to 15.63% y/y. The rise in the headline reading is the first after eight consecutive months of slowdown, mostly driven by favourable base effects.
The Management of BUA Foods Plc ("BUA Foods" or the "Company") will today be honored with a closing gong ceremony at the Nigerian Exchange (NGX) Limited to mark a successful listing by introduction following the consolidation of it's five food businesses under a single entity -BUA Foods; a statement by the company has confirmed.