In a bid to meet the demand for foreign exchange transactions, the Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible bureau de change …
Read More »Business
Against criticisms, Nigerian govt makes case for imported fuel, carpets Dangote refinery, others (Video)
In a damning verdict, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has described the quality of petroleum products from the Dangote Refinery, as well as those from other …
Read More »NGX: Equities market recovers as investors gain N262bn
The Nigerian equities market rebounded from previous losses on Thursday with investors gaining N262 billion at the close of the trading. This followed an increase in the share prices of …
Read More »NGX delists Niger Insurance, two others from platform
The Nigerian Exchange Limited (NGX) has delisted the shares of Niger Insurance Plc and two other companies from its platform for non-compliance with standards. The other affected firms are – …
Read More »UK appoints Mark Smithson, country director, UK-Nigeria trade, investment relations
The United Kingdom (UK) has appointed Mark Smithson as the country director for the UK’s department for business and trade (DBT) in Nigeria. This was disclosed in a statement on …
Read More »Dangote Refinery insists IOCs frustrating crude purchase
The management of Dangote Industries Limited (DIL) has refused to back down over claims that International Oil Companies (IOCs) are frustrating its quest to purchase crude feedstock for the Dangote …
Read More »Policies of Bola Tinubu’s administration towards Nigeria economic growth
Since taking office, President Bola Tinubu has initiated several policies aimed at driving Nigeria’s economic growth. Here are the key economic policies of the Tinubu administration: 1. Fuel Subsidy Removal …
Read More »Stakeholders demand 10% benefit for solid minerals host communities
Stakeholders in the solid minerals sector have called for the payment of 10 per cent benefits to host communities as part of measures to build an environment that would …
Read More »Lagos extends amnesty for buildings lacking permits
The Lagos State Government has extended the provision of amnesty for owners and developers of existing buildings without planning approvals in the state by three months. The Commissioner for …
Read More »SEC’s ERM directive aligns with banking standards – CRMI
The Chartered Risk Management Institute of Nigeria has expressed support for the Securities and Exchange Commission’s directive for capital market operators to implement an Enterprise Risk Management framework. In …
Read More »