CBN, Financial System and Regulatory Balance, By Arize Nwobu
The financial system is one of the major ‘engines’ which drives the economy towards achieving its growth potential. It is broadly segmented into the capital market and money market…
Court orders arrest of Tanimu Turaki, PDP factional National Chairman
An Abuja High Court on Thursday issued a bench warrant for the arrest of the factional National Chairman of the Peoples Democratic Party (PDP), Sen. Tanimu Turaki, SAN. Justice Peter…
Cleric asks judge to vacate order of final forfeiture on N70m Abuja house
A cleric, Mr. Nuhu Muhammed, has prayed Justice James Omotosho of the Federal High Court in Abuja to set aside the order of final forfeiture made, forfeiting an Abuja property…
CERAWEEK Nigeria sees more interest from LNG buyers for cargoes, NNPC says
Nigeria is seeing stronger demand for its liquefied natural gas cargoes as energy disruptions from the war in the Middle East have opened commercial opportunities for the West African producer,…
Trade ministers meet in Cameroon for critical WTO reform talks amid deep divisions
Trade ministers will meet in Cameroon on Thursday for crucial discussions on reforming the World Trade Organization, as some diplomats and trade officials warn that without an agreement, countries may…
CBN Ends Mandatory Holding Period; IOCs Cleared to Repatriate 100% of Oil Earnings
…Move will liberalise FX Rules to Boost Market Confidence The Central Bank of Nigeria (CBN) has officially removed the requirement for International Oil Companies (IOCs) to temporarily retain a portion…
Setting the record straight on Chatham House’s misreading of Tinubu’s UK state visit
“He who thinks he has caught a tiger may discover, too late, that he was only clutching his own shadow.” That is the problem with the Chatham House commentary…
OPL 245: Atiku has a hidden agenda; Nigerians should ignore critics – FG
The attention of the Attorney-General of the Federation and Minister of Justice has been drawn to media reports attributed to the Atiku Abubakar Media Office, which contain misrepresentations concerning the…
Edo Court Jails Man for $19,400 Bitcoin Fraud
The Benin Zonal Directorate of the Economic and Financial Crimes Commission has secured the conviction and sentence of Osamudiamen Philip Ikilo for fraud. The convict was arraigned on one -count…
NUPRC seals landmark Exploration License agreement
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Petroleum Exploration Licence (PEL) No 5 agreement with SeaSeis Geophysical Limited (SeaSeis), to boost Nigeria’s offshore exploration. The agreement authorises…