The global crude oil market witnessed a slight uptick on Wednesday, June 26th, 2024, fueled by concerns over a potential escalation of the ongoing conflict between Israel and Hezbollah in…
The Central Bank of Nigeria (CBN) is taking a proactive step to address naira liquidity challenges and attract more diaspora remittances through formal channels. In a recent circular, the bank…
Nigeria has made a significant stride in bolstering its foreign reserves, thanks to its burgeoning National Gold Purchase Program (NGPP). The Minister of Solid Minerals Development, Dele Alake, announced over…
Nigeria’s foreign exchange (FX) reserves have shown signs of recovery in recent months, rising to a three-month high of $33.53 billion as of June 19, 2024. This represents a 2.19%…
With the Securities and Exchange Commission’s (SEC) adoption of Enterprise Risk Management (ERM), capital market operators (CMOs) and other market players now have the means to proactively identify, assess, and…
Nigeria’s dreams of replacing declining oil revenue with LNG exports might be short-lived, according to a new report by the International Institute for Sustainable Development (IISD). While the country pushes…
The Nigerian Securities and Exchange Commission (SEC) has issued a new directive mandating all Capital Market Operators (CMOs) to implement a standardized Enterprise Risk Management (ERM) framework. This initiative, effective…
CEM REPORT, MARKET| Nigeria is facing a growing food crisis, with the prices of staple foods like rice, beans, and garri becoming increasingly unaffordable for the average Nigerian. This surge…
CEM Report, Energy | Nigeria’s power sector is facing a significant challenge: a vast metering gap that leaves millions of consumers reliant on estimated billing. This often leads to disputes…
CEM REPORT, ENERGY| Nigeria’s gas sector witnessed a transformative development with the official commissioning of the 300 million standard cubic feet per day (MMscf) Kwale Gas Gathering (KGG) Facility and…