adminNMDPRA launches gas trading market, licenses JEX markets
Barbara Bako, Abuja Nigeria on Thursday took a major step toward creating a fully transparent and investment-ready gas market as the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) presented…
Nigeria advances toward T+1 settlement as SEC announces sweeping market reforms
Barbara Bako, Abuja. Nigeria is moving closer to a T+1 and eventually T+0 settlement cycle as the Securities and Exchange Commission (SEC) rolls out a broad set of reforms aimed…
CBN approves 82 new BDCs under revised 2024 guidelines
Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureau De Change (BDC) operators following the implementation of the revised Regulatory and Supervisory…
Jaiz Bank leads Africa as first IILM primary dealer
Barbara Bako, Abuja. Jaiz Bank has made history as the first financial institution in Africa to be admitted into the International Islamic Liquidity Management Corporation’s (IILM) global network of primary…
ECOWAS slams Benin’s foiled coup attempt
The Economic Community of West African States (ECOWAS) has condemned an attempted military takeover in the Republic of Benin, describing the move as a “subversion of the will of the…
16 Rivers State assembly members, including speaker, switch to APC
Sixteen members of the Rivers State House of Assembly have defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC).… Their defection was announced by Martin Amaewhule,…
Ogunjimi urges strategic leadership in Africa’s accounting profession
Barbara Bako, Abuja. The Accountant-General of the Federation and Chairman of the Association of Accountant-Generals of Africa, Dr. Shamseldeen Babatunde Ogunjimi, has said accountants have moved beyond traditional recordkeeping to…
NDIC, NIESV Deepen ties on failed bank asset valuation
Barbara Bako, Abuja. The Nigeria Deposit Insurance Corporation (NDIC) has called for deeper collaboration with the Nigerian Institution of Estate Surveyors and Valuers (NIESV) to ensure accurate valuation of assets…
NNPCL reports a N5.4 trillion profit for 2024
The Nigerian National Petroleum Company (NNPC Limited) has declared a profit after tax of N5.4trn for its 2024 financial performance… Speaking during a press briefing on Monday, the Group Chief…
Bollywood star Dharmendra passes away at 89
Bollywood legend Dharmendra Kewal Krishan Deol has died at the age of 89. Dharmendra died Monday in a hospital in the Indian city of Mumbai…. The Indian Prime Minister, Narendra…
J.P. Morgan index return to attract fresh funds to Nigeria
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