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Nigerian Exchange Limited Calls For Regulatory Reforms To Boost Listings
Nigerian Exchange Limited Calls For Regulatory Reforms To Boost Listings....KINDLY READ THE FULL STORY HERE▶
Against the backdrop of recent delistings from the Nigerian Exchange Limited (NGX), Dr. Umaru Kwairanga, Chairman of the NGX GROUP, has called upon the Federal Government to lead legislative adjustments and reforms aimed at enhancing the appeal of stock market listings. He made this statement during the NASDAQ Closing Bell ceremony in New York, which was organized by the United States Chamber of Commerce in partnership with Nigerian Exchange Group Plc (NGX GROUP) and the Nigerian Investment Promotion Council (NIPC).
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The ceremony was part of the NGX Roadshow, supported by Stanbic IBTC, CardinalStone Partners, and Chapel Hill Denham. Kwairanga also encouraged the U.S. business community to explore additional partnership opportunities with Nigeria.
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The chairman highlighted the need for reforms in the capital market that can stimulate increased economic prosperity in Nigeria. He emphasized the importance of deepening pension reforms and making amendments to government free zones to facilitate easier access to the capital market through stock listings.
Furthermore, he stated, “The removal of fuel subsidies and the liberalization of the foreign exchange market have boosted confidence in our capital market, with the Nigerian Exchange Limited’s All-Share Index surging by 29.04% since President Bola Tinubu’s inauguration.”
The African Democratic Congress (ADC) has welcomed the intervention of the Nigerian Bar Association (NBA) in its ongoing leadership dispute, describing the legal body’s position as a validation of its long-standing claims of judicial abuse.....KINDLY READ THE FULL STORY HERE▶
In a statement signed by Mallam Bolaji Abdullahi, the party said the NBA’s caution against forum shopping and abuse of court processes supports its stance that attempts to challenge its leadership in court are legally flawed.
The ADC said the NBA had clarified that courts do not have jurisdiction over internal affairs of political parties and that seeking interim or interlocutory orders in such matters contravenes the Electoral Act.
According to the party, this position aligns with its belief that the legal process is being manipulated for political purposes rather than genuine dispute resolution.
It described the situation as a coordinated attempt to weaponise the judiciary, which the NBA had reportedly condemned as abuse of court process driven by forum shopping and malicious litigation.
The ADC further linked the crisis to broader political tensions, alleging that it reflects anxiety within the ruling party amid insecurity, economic hardship, and declining public trust ahead of the 2027 elections.
The party warned that any court orders obtained contrary to due process would be legally defective and unenforceable.
While commending the NBA for urging disciplinary action against erring legal practitioners and judicial officers, the ADC called on the Independent National Electoral Commission (INEC) to remain strictly neutral.
It stressed that INEC must not take any action that could legitimise what it described as unlawful judicial interference in party affairs.
The party added that the matter goes beyond internal politics and concerns the integrity of Nigeria’s democracy, vowing to pursue all lawful means to defend its position.
An aspirant for the 2027 Lagos governorship election under the All Progressives Congress (APC), Abdul-Azeez Adediran, popularly known as Jandor, has said the party has not adopted any consensus or anointed candidate.....KINDLY READ THE FULL STORY HERE▶
In a statement issued by his spokesman, Gbenga Ogunleye, Jandor aligned with the official position of the Lagos APC leadership, stressing that no aspirant has been selected ahead of the party’s primary election.
He insisted that all interested aspirants will participate in a credible and competitive primary to determine the party’s flagbearer.
However, he noted that if the party leadership eventually opts for a consensus arrangement, he would respect and fully support the decision regardless of who emerges.
According to the statement, Jandor reaffirmed his commitment to the race, saying he is actively strengthening his grassroots support base and engaging widely with party stakeholders across Lagos State.
He also cautioned against mistaking individual campaigns or group endorsements as the official position of the APC leadership.
Jandor maintained that only an official pronouncement from the party leadership would determine its final choice of candidate for the 2027 governorship election.
The Senator representing Oyo North Senatorial District and a 2027 governorship aspirant under the All Progressives Congress (APC), Buhari Abdulfatai, has urged Nigerian women to support President Bola Ahmed Tinubu’s re-election bid in 2027.....KINDLY READ THE FULL STORY HERE▶
He said Tinubu’s continuity in office was necessary to sustain ongoing reforms and promote equity, justice, and fairness across the country.
Buhari made the call while speaking with journalists at the end of a three-day women’s capacity-building programme held in Oyo North.
He commended the President for creating an enabling environment that allowed lawmakers to initiate empowerment programmes targeting women, especially in small and medium-scale enterprises within agricultural value chains.
The senator disclosed that 120 women from across Oyo State benefited from the training, with each receiving ₦100,000 to support their businesses.
He urged beneficiaries to use the funds wisely to improve their livelihoods and continue supporting the administration’s policies.
Buhari also encouraged participants to pray for the President, describing him as committed to improving the welfare of women and youths.
He explained that beneficiaries were drawn from all three senatorial districts in Oyo State, expressing confidence that Tinubu would emerge as the APC presidential candidate in 2027.
According to him, both he and the President recognise the crucial role of women in securing electoral victory for the party.
He added that more empowerment and capacity-building programmes would be rolled out in the near future to further support women and small business owners.
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