CEM REPORT, MARKET| The Nigerian Securities and Exchange Commission (SEC) has signaled its intention to provide direction for the capital market regarding the upcoming bank recapitalization exercise. This announcement comes…
CEM REPORT, ECONOMY| The Chartered Institute of Taxation of Nigeria (CITN) has made a strong call to action, urging all levels of government – federal, state, and local – to…
CEM REPORT, FINANCE| The recent directive by the Corporate Affairs Commission (CAC) mandating the registration of all Point-of-Sale (PoS) operators in Nigeria has sparked controversy, with the Association of Mobile…
CEM REPORT, BUSINESS| Nigeria’s e-commerce landscape is about to experience a seismic shift with the launch of GiDDi, a groundbreaking platform designed to offer a secure, seamless, and efficient marketplace…
Nigeria’s fight against inflation intensified today as the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) raised the benchmark interest rate, the Monetary Policy Rate (MPR), by 150 basis…
CEM REPORT, ECONOMY| In a move aimed at taming soaring inflation, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has increased the benchmark interest rate, known as the…
The Nigerian Education Loan Fund (NELFUND) has announced the launch of its student loan application portal, starting this Friday, May 24th, 2024. According to Akintunde Sawyerr, Managing Director/Chief Executive Officer…
CEM REPORT, ADVISORY| The Association of Enterprise Risk Management Professionals (AERMP) has called on government at all levels to take precautions and beef up measures against the resurgence of COVID-19…
CEM REPORT, CURRENCY| The Nigerian Naira experienced a significant blow on Thursday, May 16th, 2024, as its exchange rate against the US Dollar plummeted by a staggering 4.89%. This sharp…
CEM REPORT, CURRENCY| The Nigerian Naira is experiencing renewed depreciation, reaching a six-week low against the US Dollar on the official NAFEX window. On Tuesday, May 14, 2024, the exchange…