NGX Group and Listed Companies Seek Government Intervention to Ease Manufacturing Sector Challenges

  • 📰 vanguardngrnews
  • ⏱ Reading Time:
  • 21 sec. here
  • 10 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 75%

Business News

NGX,Nigerian Exchange,Manufacturing Sector

The Nigerian Exchange, NGX, Group and some listed companies have requested the intervention of the Federal Government to address the difficulties faced by the manufacturing sector. Foreign exchange losses and high financing costs have been major obstacles for manufacturers in recent months.

The Nigerian Exchange, NGX, Group and some listed companies have sought for the intervention of the Federal Government to ease the challenges faced by the manufacturing sector in the country.

Foreign exchange losses and high financing costs have become dominant adversity for players in the manufacturing sector of the economy in the last few months.Group, Dr Umaru Kwairanga, said it was essential for the government to engage players in the capital market, stating, “This is important, so that they can know the challenges and be able to proffer solutions to aid the listed companies.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

NGX Group commences strategic investment in Ethiopian Securities ExchangeNigerian Exchange Group, NGX Plc has announced a significant investment in the Ethiopian Securities Exchange (ESX).
Source: vanguardngrnews - 🏆 5. / 75 Read more »

NGX Group Announces Investment in Ethiopian Securities ExchangeNigerian Exchange (NGX) Group plc has made a significant investment in the Ethiopian Securities Exchange (ESX), marking its entry into East Africa and demonstrating its commitment to driving growth and innovation in African capital markets.
Source: thecableng - 🏆 2. / 80 Read more »