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SEC Rolls Out Measures to Cool off Demand for Foreign Stocks


Festus Akanbi, with agency reports
As Nigerian investors’ patronage for foreign stocks surges, the Securities and Exchange Commission (SEC) has announced a tighter regulatory oversight of local brokers aimed at cooling off demand for foreign stocks.
The apex regulatory body in the nation’s capital market now plans to register brokers selling stocks of foreign companies as more Nigerians pile into the assets to hedge against inflation and currency weakness. An earlier effort last month met local resistance, backfiring after warnings alerting people of risks and threats to sanction local traders.
“The commission plans to actively monitor the local market in foreign stocks in furtherance of our mandate of ensuring investor protection and market transparency,” Dayo Obisan, executive commissioner for operations of the SEC, said in an interview. ....

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deepender hooda said bjp government should give job without discrimination to all players like Congress | दीपेंद्र हुड‍्डा बोले - कांग्रेस की तरह सभी खिलाड़ियों को बिना भेदभाव नौकरी दे भाजपा सरकार

deepender hooda said bjp government should give job without discrimination to all players like Congress | दीपेंद्र हुड‍्डा बोले - कांग्रेस की तरह सभी खिलाड़ियों को बिना भेदभाव नौकरी दे भाजपा सरकार
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Gov Ikpeazu to commission more road projects, Friday


Daily Post Nigeria
Published
Abia State Governor, Dr Okezie Ikpeazu will on Friday, 22nd January, 2021, commission some road projects executed by his administration.
A statement by the state Commissioner for Information, John Okiyi Kalu, said Gov Ikpeazu will commission the projects in company of His Eminence, Nzie Nzi Eke, Prelate and Moderator of the Presbyterian Church of Nigeria,
The roads to be commissioned in continuation of the Governor’s statewide project inspection and commissioning program tagged “Kinetic Abia Tours includes;
1. Reconstruction of Eziukwu Road, Aba South LGA
2. Reconstruction of Milverton Avenue, Aba South LGA
3. Reconstruction of Ojike Lane, Aba South LGA ....

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