NESG calls for economic reforms as it unveils theme of 27th annual summit

3 bank directors resign from NESG in protest to CBN immunity letter

The Nigerian Economic Summit Group (NESG) has unveiled the theme of the 27th edition of its annual summit, which is ...

NIRSAL, The National Information Technology Development Agency has kick-started a job and wealth creation programme where 130 farmers will each receiv, e seed funding of N100,000Border Closure: Nigerian rice farmers are struggling to feed a rice-hungry nation. CBN to give Niger Delta rice farmers single-digit loan

Insecurity suppressing improved agricultural production – NESG

June 21, 2021

The NESG has stated that improved agricultural production would be insufficient to ease inflationary pressures, except the issue of insecurity was ...

Unemployment: FG should address the constraints towards value chain development – NESG

by William Ukpe

June 21, 2021

The NESG has urged the FG to collaborate with relevant stakeholders in a bid to fight the unemployment problem.

Insecurity, biggest threat to investment in Nigeria – NESG

by William Ukpe

May 14, 2021

The NESG cited insecurity as the biggest threat to investment in Nigeria.

AfCFTA: NESG advises FG to strengthen domestic value chains

by William Ukpe

February 6, 2021

The NESG has urged the FG to maximize the AfCFTA agreement by directing its efforts into strengthening the domestic value ...

FG to buy only locally assembled vehicles for its use

by Chike Olisah

November 24, 2020

The FG has disclosed plans to buy only locally assembled cars rather than imported foreign ones.

UBA Records 13% Earnings Growth and Delivers N111billion Profit

Bank CEOs ‘explain’ why they resigned from NESG

by Victor Enengedi

September 11, 2020

MDs of three commercial banks who resigned from the NESG 'provided' further comments explaining the reason for their actions.

Military located bandits in kankara, Q1 2020 National Debt report, Buhari finally speaks on NDDC probe, urges NA to act with a sense of urgency,National Human Rights Commission,Presidency bows to pressure, agrees to demand made by EndSARS protesters, Our economy is too fragile to bear another round of lockdown-Buhari, Zarbarmari: Massacre by Boko Haram is nothing short of senseless, barbaric, gruesome and cowardly- Buhari

COVID-19: Short-term reforms needed to reduce impacts on the Nigerian economy -NESG

by Chike Olisah

April 9, 2020

The Nigerian Economic Summit Group said the Government needs to develop some short-term reforms and take actions to reduce the impact of ...

Bismarck Rewane, Nigerian Economic Summit Group raise concern over Nigeria’s debt

Bismarck Rewane, NESG raise concern over Nigeria’s debt

by Fakoyejo Olalekan

February 3, 2020

Bismarck Rewane and the Nigerian Economic Summit Group have countered the claim of Zainab Ahmad that Nigeria doesn’t have a debt ...

First Bank Adesola Adeduntan, Global transactions get easier with Firstbank’s Card Offerings, FBNQuest Trustees Marks 40th Anniversary of preserving legacies in Nigeria, Ellah Lakes Plc announces close period for H1 2019 results The Board of Directors of Ellah Lakes Plc has announced that the company would be meeting on the 22nd October 2019 to consider, among other matters, the audited financial statements of the Company for the financial year ended 31 July, 2019. The Company also announced the commencement of a closed period with effect from 7 October 2019, until 24 hours after the Company’s Audited Financial Statements is filed with The Exchange. Top executives, directors, advisers, and many others at Ellah Lakes Plc have been barred from trading in the company’s shares ahead of the meeting of board of directors of Ellah Lakes. This was disclosed in a notification which was sent to the Nigerian Stock Exchange (NSE). https://www.nse.com.ng/Financial_NewsDocs/27720_ELLAH_LAKES_PLC._CORPORATE_ACTIONS_OCTOBER_2019.pdf The announcement is in line with rule 17.18 of Part 2 (Issuer’s Rules) of the NSE’s Rule Book (2015) which states that, “The period of closure shall be effective from fifteen (15) days prior to the date of any meeting of the Board of Directors proposed to be held to consider any of the matters referred to above or the date of circulation of agenda papers pertaining to any of the matters referred to above, whichever is earlier, up to twenty-four hours after the price-sensitive information is submitted to the Exchange. The trading window shall thereafter be opened. Every issuer shall notify the Exchange in advance of the commencement of each closed period.” Why this matters: The close period will allow the board to consider the company’s unaudited financial statements for the third quarter. Other company issues will also be discussed during the meeting of the Board of Directors. What is a close period? A close period is a period before the release of a company’s result or financial statement when of course, those with sensitive information are not allowed to trade on the stock. These individuals may include company directors, audit committee members, persons discharging managerial responsibility, employees and consultants with sensitive information. About the company: Ellah Lakes Plc is a fish farming company., FBN processed 237 million transactions in two weeks, amid COVID-19 lockdown, First Bank Holdings declares a Profit after Tax of N26 billion in Q1 2020

First Bank partners NESG, hosts 25th Nigerian Economic Summit

by NM Partners

October 7, 2019

First Bank of Nigeria Limited has partnered with The Nigerian Economic Summit Group to host the 25th Nigerian Economic Summit, ...

Tag: Nigerian Economic Summit Group