How Fiscal Commission’s Project Verification Can Bridge Nigeria’s Infrastructure Deficit
By Awassam Bassey Nigeria’s infrastructure deficit has hit a whooping $2.3 billion (approximately three trillion Naira), a World Bank statistics...
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NIES 2024 organisers unveil speakers scheduled for the global energy summit
Distinguished speakers confirmed to participate in the forthcoming Nigeria International Energy Summit (NIES) 2024 have been unveiled. The Summit, which...
Why Shell’s plan to sell its shares in some oil, gas assets to Nigerian firms is yet to receive regulatory consent – NUPRC
The alleged plan by Shell Petroleum Development Company (SPDC) to sell its shares in some oil and gas assets to...
No plan to convert $30bn domiciliary deposits into Naira
The Central Bank of Nigeria (CBN) says it has no plans to convert $30bn deposits in domiciliary accounts to Naira....
CBN issues modified guidelines on implementation of cash reserve requirement
The Central Bank of Nigeria (CBN) has introduced a modified mechanism for the implementation of the cash reserve requirement (CRR)...
CBN confirms completion of settlement of all outstanding verified FX claims by foreign Airlines
In continuation of its effort to clear the backlog of foreign exchange in key sectors of the economy, the Central...
UPDATED: ALSCON: Implications of the Supreme Court’s ruling and the way forward
By Bassey Udo On Friday, January 26, 2024, the Supreme Court sent the former Director-General of the Bureau of Public...
FX market distortion: CBN warns against reporting inaccurate, misleading data
The Central Bank of Nigeria (CBN) on Monday warned authorised dealers in foreign e, change and their customers against reporting...
CISLAC, 49 other groups demand end to mass atrocities, security for Nigerians
Civil Society Organizations under the auspices of the Civil Society Joint Action Group, Community of Practice Against Mass Atrocities, and,...
CBN injects $500m to settle confirmed cumulative FX liabilities in key sectors
To offset cumulative foreign exchange liabilities weighing down growth in the country’s economy, the Central Bank of Nigeria (CBN) on...
