ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Finance

SEC executive seeks unified rate to attract foreign capital

Business 360 by Business 360
July 20, 2022
in Finance
0
Nigeria’s rising debt servicing, an economic threat – SEC –

The Central Bank of Nigeria (CBN) needs to harmonise exchange rates to boost foreign portfolio investment, the Securities and Exchange Commission (SEC) has advised.

Speaking during Nairametrics Economic Outlook webinar themed: “Resetting Nigeria’s economic growth trajectory’’, Executive Commissioner (Operations) at the SEC, Dayo Obisan, said more foreign capital would be attracted to the economy when the exchange rates are harmonised.

The panelists include Partner fiscal policy and Africa tax leader, PwC, Taiwo Oyedele; Managing Director/CEO FITC, Chizor Malize, and Managing Director/CEO Cowry Asset Management Ltd/Chairman,

Fidelity Pension, Johnson Chukwu. Obisan said he was confident that the apex bank was working towards achieving a unified exchange rate policy. Obisan, who represented the Director-General of the SEC, Lamido Yuguda, called for the floating of the naira and allowing the forces of demand and supply to determine the exchange rate for the naira. According to him, the implementation of the National Development Plan would help to achieve economic growth in the country.

“The task before the authorities is the proper implementation of the National Development Plan. We should work very hard towards import substitution. There should be sustainable productivity to give the country a leap in its quest for economic growth,” he stated.

Previous Post

New NNPC to list Shares on Stock Exchange

Next Post

US Futures Up, Stocks Extend Rally as Dollar Dips

Business 360

Business 360

Next Post
Asia Stocks Steady as Fed Meets; Oil Extends Rally

US Futures Up, Stocks Extend Rally as Dollar Dips

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

June 5, 2025
Asian Stocks Dip as Investors Await Key US Payrolls Data

Asian Stocks Dip as Investors Await Key US Payrolls Data

June 5, 2025
Nigeria-China Partnership to Revive Ajaokuta Steel Under Zero-Cost Investment Model

Nigeria-China Partnership to Revive Ajaokuta Steel Under Zero-Cost Investment Model

June 5, 2025
Internet Subscribers Hit 141.9 Million as GSM Dominates Connectivity

Internet Subscribers Hit 141.9 Million as GSM Dominates Connectivity

June 5, 2025
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

Oil Prices Dip After U.S. Inventory Build and Saudi Price Cuts for Asia

June 5, 2025
Asian Stocks Dip as Investors Await Key US Payrolls Data

Asian Stocks Dip as Investors Await Key US Payrolls Data

June 5, 2025
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!