Business
NSE Boss To Appraise Market Performance, January …As Trading Resumes Today
The Chief Executive Officer of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema, will on January 16, 2018 make a presentation on the floor of the exchange.
According to a release, made available to The Tide, Monday the CEO’s presentation would appraise the 2017 market performance at the floor of the NSE.
Onyema would also give a prognosis for the market in 2018 to prepare the minds of investors of the possible expectations of the 2018 market.
According to the release, the two faced presentation, “2017 market recap/2018 outlook”, would also afford the CEO the opportunity to intimate capital market stakeholders with the plans to re-position the Nigerian market for better performance in 2018.
The presentation is expected to take place at the 20th floor, NSE Event Centre by 10 am.
Meanwhile, the exchange will resume operations today at the floor of the house after two days public holidays that affected the market.
The Federal Government declared Monday 25th and Tuesday 26th December 2017 as public holidays to mark the Christmas and Boxing Day celebrations.
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
 
														“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
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