Nigeria: Stockbrokers Urge FG to Resolve SEC, Reps Face-Off

[Vanguard]The Association of Stock broking Houses of Nigeria (ASHON) has urged the Federal Government to resolve the conflict between the House of Representatives and the Securities and Exchange Commission (SEC). This is contained in a statement issued by ASHON President, Mr. Emeka Madubuike, made available to newsmen in Lagos.

Nigeria: 'No Compromising On Budget Implementation, U.S.$80 Per Barrel Benchmark'

[Vanguard]Akure -Speaker of the House of Representatives, Aminu Tambuwal, has said the House will neither treat the issue of the implementation the budget with the President as a "family issue" nor rescind the decision to use $80 per barrel as the benchmark for the 2013 appropriation.

Nigeria: National Assembly Buries Hope for N5,000 Note

[Vanguard]Abuja -The Senate and the House of Representatives joined forces, yesterday, as they resumed from their two-month recess and asked President Goodluck Jonathan to stop the Central Bank of Nigeria, CBN, Governor, Mallam Sanusi Lamido Sanusi from going ahead with the restructuring of the Naira and the introduction of N5000 note, describing it as illegal and unconstitutional.