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Foreign Investments Down By N61.58bn -NSE

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Foreign investments in the
Nigerian capital market depreciated by N61.58 billion as at the end of July.
In a document obtained from the Nigerian Stock Exchange (NSE) on Friday by our correspondent, the total investment by foreigners stood at N118 billion by June.
According to the document, an analysts  attributed the decline to the  withdrawal of some foreign investors from the market  due  to  fears and concerns of uncertainty  trailing  the forthcoming 2015 elections.
The analyst also attributed part of the reasons for the reduced foreign  investment to increase security concern,  as well as tight monetary policies of the Central Bank of Nigeria (CBN).
NSE’s statistics on the other hand, showed, that domestic investors increase  their investment in the period under review  as the figure rose from N107.51 billion in June to N167.77 billion in July.
The document disclosed  that this was the second time since the beginning of the year that domestic investors had recorded increased investments  compared to their  foreign  counterparts.

The reduction of foreign investments, according to experts, has led to a major depression in the capital market as the NSE’s All-
Share Index, which measures the performance of the equities on the Exchange, has recorded significant decline.
The Managing Director, Highcap Securities Limited, Mr. David Adonri, said the reduced investments by the foreign investors, who had before now been driving investment in the NSE, was largely as a result of insecurity and the political risk attached any business initiated in the face of the 2015 elections.
He said, “The decline in foreign investment from July to date has led to a general depression of the equities market. Now, the All-Share Index is negative.
“Some of the factors behind the decline include the heightening insecurity in Nigeria, tight monetary policy of the CBN, tapering of quantitative easing by the United States Feds.
“Also, the decline in the price of crude oil has contributed to the reduced investments of the foreign investors in our market. “
Adonri pointed out that there was increasing political risk in the economy as the 2015 elections got closer.’
He added that all these issues had combined to increase the country’s risks, which foreign investors were reacting to.
The President, Association of Stockbroking Houses of Nigeria, Mr. Emeka Madubuike, said that the market usually responded to the factors in the environment.
This, he said, was not out of place, adding that even though foreign investments were drooping as a result of insecurity and the upcoming elections, there was no cause for alarm.
He said, “We know that next year is an election year and these investors usually adopt a ‘wait-and-see’ approach, to see how things will turn out, hence the reduced investment.
“But, I don’t think there is any need for panic yet, because every market responds to factors within the environment. It is expected that as the fourth quarter approaches, they may begin to take position for the coming year. “

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NPA Assures On Staff Welfare 

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The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, has said the management will continue to accompany its port infrastructure  and equipment  modernization drive  with the development of the welfare of its personnel.
Dantsoho made the disclosure recently while responding to the commendation by the Maritime Workers Union (MWUN) and the senior Staff Association of Statutory Corporations and Government-Owned Companies (SSASGOC) on the  clearing  of the age-long problem of employee stagnation, when the union paid him a courtesy visit at the Authority’s headquarters in Lagos.
A Statement by NPA’s General Manager Corporate & Strategic Communications, Mr. Ikechukwu Onyemekara, quoted Dantsoho as saying,  “our Port infrastructure and equipment modernization drive will go hand-in-hand with continuous staff welfare improvement”.
The NPA MD disclosed that human capital development constitutes the key strategy for creating and sustaining superior performance under his watch, adding that “talent development constitutes a critical success factor for the actualization of the big hairy audacious goals we have set for ourselves especially in the area of Port competitiveness.
“The only way we can meet and indeed exceed stakeholders’ expectations is to deepen the competencies of our human resources assets and boosting their morale.”
Speaking further, Dantsoho commended the Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola, for approving the strategic proposal of the Dantsoho-led Management team that solved the over a decade-long problem of lack of promotion that had fuelled industrial disharmony.
“I must specially appreciate our amiable Minister for graciously approving the multi-pronged stratagem we deployed that cleared all outstanding cases of employee stagnation by conducting examinations in one fell swoop and instituted timelines to forestall a recurrence of such anomaly”, he sad.
Speaking on behalf of the joint maritime labour unions, the President  of Senior Staff Association of Statutory Corporations & Government-Owned Companies (SSASCGOC), Comrade Bodunde stated, “In addition to clearance of the backlog of stagnated promotions, we also wish to express our appreciation for the increase in productivity bonuses, provision of end-of-year welfare packages for staff, and the revision of the Financial Guide to the Condition of Service, which now addresses our members’ concerns about inflationary pressures.”
Nkpemenyie Mcdominic, Lagos
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ANLCA Chieftain Emerges FELCBA’s VP

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National Secretary of the Association of Nigerian Licensed Customs Agents (ANLCA), Elder Olumide Fakanlu, has been elected Vice President of the Federation of ECOWAS Licensed Customs Brokers Association (FELCBA).
The election took place during the FELCBA Congress, held from Tuesday, June 17th to Thursday, June 19th, 2025, in Freetown, Sierra Leone.
Fakanlu’s emergence as Vice President marks a significant achievement for Nigeria within the regional customs brokerage community.
Apart from Fakanlu, Secretary of the Seme Chapter of ANLCA, Austin Nwosu, was also elected, securing the role of Secretary of Relations with Institutions.
The Nigerian delegation played an active role in the congress, with Michael Ebeatu nominated as a member of the electoral officer team, ensuring a fair and transparent election process.
The three-day congress concluded with delegates undertaking a visit to the Sierra Leone Port, offering insights into the host nation’s maritime operations, followed by a recreational trip to the Tokeh Beach.
The newly elected executives are expected to lead FELCBA in its efforts to harmonize customs brokerage practices, promote trade facilitation, and advocate for the interests of licensed customs brokers across the ECOWAS sub-region.
Nkpemenyie Mcdominic, Lagos
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NSC, Police Boost Partnership On Port Enforcement 

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In a bid to enhance more enforcement in the nation’s Port, the Nigerian Shippers’ Council (NSC) has reaffirmed its commitment to stronger inter-agency collaboration with the Nigeria Police Force (NPF).
The Council said the collaboration is aimed at enhancing stronger enforcement, compliance and improve operational efficiency across Nigeria’s ports.
Executive Secretary/Chief Executive Officer of  NSC, Dr. Pius Akutah, made this known during a visit to the  Inspector-General of Police, Dr. Kayode Adeolu Egbetokun, at the Force Headquarters, Abuja.
The visit, which he said, focused on strengthening institutional synergy, comes in the wake of growing responsibilities for the NSC under the newly created Ministry of Marine and Blue Economy.
Akutah emphasized the critical role of security agencies in supporting port operations and ensuring regulatory compliance.
He called for the posting of police officers to assist the Council’s monitoring and enforcement teams at key port locations including Lagos, Warri, Onne, Port Harcourt, and Calabar.
“The posting will complement the activities of our revived task teams and enhance our ability to enforce standards across the maritime logistics chain”, he said.
Earlier, the Inspector-General of Police, Dr. Egbetokun, assured the Council of the Force’s readiness to continue supporting the growth of the maritime sector.
The IGP acknowledged that compliance enforcement is essential to the successful implementation of Nigeria’s Blue Economy objectives.
“The NSC and NPF are expected to deepen collaboration in the months ahead, with a shared focus on building a secure, efficient, and competitive port environment”, to the IGP emphasized.
Chinedu Wosu
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