Tinubu, stockbrokers’ pain points and market reform

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 94%

Österreich Nachrichten Nachrichten

Österreich Neuesten Nachrichten,Österreich Schlagzeilen

The appointment of Mr Olawale Edun, a seasoned stockbroker and consummate banker with strong background in economics, as the Minister of Finance and Coordinating Minister of Economy can be described as a metaphor for turning around the Nigerian dwindling economy under the Administration of President Bola Tinubu.

I have known the unassuming Edun as a stockbroker since early 90s, when I was reporting the market for The Guardian during the Open Outcry trading system termed the Call-Over. As an Executive Director at Investment Banking and Trust Company Limited now, Stambic IBTC PLC, he was highly respected as a cerebral professional. His credentials as a former Commissioner for Finance in Lagos State remains a reference point.

One of the earliest pronouncements of President Tinubu was the plan by his administration to reform the Nigerian financial market: The reform aims at reactivating the economy. Annually, Chartered Institute of Stockbrokers holds National Workshop which brings many talents from the financial market to dissect the economy and advise the government on the medium and long term investment opportunities in the Nigerian capital market.

Barring unexpected glitch, the newly sworn-in Minister of Industry, Trade and Investment, Dr Mrs Doris Uzoka-Aniete and Minister if Marine and Blue Economy, Mr Adegboyega Oyetola are expected at the Workshop to gain insights from Stockbrokers on the revival of the economy.

Market reform under the new administration should be geared towards development of financial infrastructure and increase in effectiveness of the existing institutions.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 1. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Tinubu arrives India for G20 Summit, business meetings'On the sidelines of the summit, the president will participate in and deliver keynote addresses at both the Nigeria-India Presidential Roundtable and the Nigeria-India Business Conference.'
Herkunft: PremiumTimesng - 🏆 3. / 78 Weiterlesen »