News & Insights

The Avocats Sans Frontières France (ASF France), also known as Lawyers Without Borders, France, has reiterated its determination to provide legal aid for victims of human rights violations in Nigeria. The Head of ASFF in Nigeria, Angela Uwandu, made this known in Abuja, during a training session for lawyers on […]

                    The Organisation of Petroleum Exporting Countries (OPEC) has said it does not believe in repeated predictions that the end was near for oil as a major energy source of the world, stating that contrarily oil has a bright future. OPEC’s […]

The acting Director General of the Securities and Exchange Commission (SEC), Ms. Mary Uduk, has said the capital market can serve as a key catalyst for Nigeria’s economic growth and development because it offers a credible platform for obtaining long- term financing. Uduk, stated this during the opening ceremony of […]

                  As the Federal Government mulls filing an application before the African Court of Human and Peoples’ Rights against the South African government over the xenophobic attacks against Nigerians, the court says it will be a test case in inter-state applications. In […]

The Managing Director/Chief Executive Officer, Financial Derivatives Company Limited, Mr. Bismarck Rewane, in this interview says steps taken so far to reduce the divergence in exchange rates in the country will has helped to reduce market abuse and sharp practices. Peter Uzoho presents the excerpts: In your opinion, what are the […]

The Central Bank of Nigeria (CBN) has urged financial technology companies (fintechs), payment service providers and banks in the payment system to ensure that they adhere to policy framework and standards that guide their operations. The Director, Payment Systems Management Department, CBN, Mr. Samuel Okojere, stated this Thursday in Lagos, […]

An English Court on 16th August 2019 gave a ruling against the Federal Government of Nigeria to the tune of 9bn USD of FGN Assets. This judgment was delivered in London in favour of Process and Industrial Development Limited (P&ID). The background of this dispute is predicated on a 20 years Gas […]

The Technical Committee of the National Tax Policy Implementation Committee will soon present a bill to the Minister of Finance and National Planning, Mrs Zainab Ahmed, that will harmonise all taxes to enhance ease of doing business in the country. The Deputy Chairman of the committee, Dr Bode Oyetunde, said […]

The Nigerian Stock Exchange on Thursday announced the reclassification of Oando Plc from Medium-Priced Stock to Low-Priced Stock. A statement by the Exchange said the reclassification became effective Thursday. This is in compliance to Rule 15.29: Pricing Methodology, Rulebook of The Exchange, 2015 (Dealing Members’ Rules), the NSE said.   […]

A former Cross River State Governor Donald Duke on Monday told a Federal High Court in Lagos that he would pay his N537, 334,360.77 debts to Asset Management Corporation of Nigeria (AMCON) in less than 12 hours. Duke, through his counsel, Mr Edoigiawerie Omoruyi, told Justice Nicholas Oweibo that he […]