The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has taken a significant step towards bolstering Nigeria’s domestic refining capacity by issuing licences for nine modular refineries. The move, announced…
CEM REPORT, CURRENCY| The Nigerian Naira is experiencing a remarkable turnaround, defying earlier predictions of a steep decline. On Tuesday, the Naira reached a high of ₦1,000 per US dollar…
The President of Compliance Institute, Nigeria (CIN), Pattison Boleigha and the Director General of Nigerian Financial Intelligent Unit (NFIU), Hajia Afsat Bakare, have unanimously underscored the need to embrace AI…
Glo with pride….| Ahead of the planned presentation of prizes to winners of Globacom’s Festival of Joy promotion in Lagos, the company on Wednesday, December 4, held a draw to…
The Nigerian Communications Commission (NCC) has announced that it will unveil a new simplified tariff plan for telecommunications operators on December 13, 2024. This move is part of the commission’s…
Ngozi Okonjo-Iweala, the WTO Director-General, confirmed for a second four-year term, starting September 1, 2025.. The WTO’s General Council decision on Friday solidifies Okonjo-Iweala’s leadership during significant economic and geopolitical…
Access Bank Plc, a subsidiary of Access Holdings PLC, has made significant strides in its expansion strategy across Africa. The bank recently announced the successful completion of the acquisition of…
United Bank for Africa (UBA) has made a significant stride in its global expansion strategy by securing a landmark business cooperation agreement with the French government. The deal, signed by…
The Central Bank of Nigeria (CBN) has taken a significant step to streamline and regulate the interbank foreign exchange (FX) market by introducing new guidelines for its Electronic Foreign Exchange…
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to a tight monetary policy stance as it continues to grapple with persistent inflationary pressures. In a bid to tame…
The Central Bank of Nigeria (CBN) has granted a much-needed reprieve to Bureau De Change (BDC) operators by extending the deadline for recapitalization. The new deadline, set for June 3,…
Nigeria stands to gain $7.5 billion annually from the removal of fuel subsidy. This revelation comes as part of the newly introduced “Tinubu Reforms Tracker,” a comprehensive initiative designed to…