News & Insights

The Calabar Port Complex, located in Cross Rivers State has received its maiden Marguisa Shipping Line’s container vessel, several years after its concession.  The port has suffered patronage of container liners due to draft limitations on the channel. Currently, Calabar channel has a draft of 6.4 meters at high tide, […]

The strength of the Rule of Law in a country ranks among the top three considerations when multinationals make decisions about where to locate foreign direct investment – above considerations such as the cost of doing business and access to national and regional markets.  In its simplest form, the Rule […]

SECURITIES and Exchange  Commission, SEC, has disclosed that 3.4 billion shares have been consolidated since the Commission commenced the consolidation of multiple shareholder accounts and electronic Dividend Mandate Management System (e-DMMS). SEC The Acting Director-General, SEC, Mary Uduk, stated this in a chat with market operators in Lagos, stressing that […]

The African Development Bank (AfDB), has sworn-in new sanctions and alternate sanctions commissioners in its bid to check allegations of corruption, fraud and associated wrongful practices in the Bank Group. The AfDB on September 10, swore-in two experts, Justin Wanjala and Justice Niyungeko, with more than 35 years of combined […]

              BITS, BLOCKS AND THE NIGERIAN BAR Kolapo Femi-Oyekola While it’s easy to conceptualise AI drafting documents, processes, and even researching, the nearer blockchain technology and its benefits are still alien to a good number of lawyers, and even to most people. Blockchain technology […]

              The National Insurance Commission (NAICOM) has approved the recapitalisation work plans of 26 insurance companies trying to raise more funds in their bids to meet its June 2020 deadline for players in the sector to shore up their capital. Announcing the result of […]

The federal and state governments have been advised to address grey arears in the nation’s tax policies in order to increase the country’s non-oil revenue. The Director, Fin Insurance Company Limited/Union Insurance Brokers Limited, Mr. Afolabi Elebiju, said there was need to simplify Nigeria’s tax system in a way that […]

            Investors staked N6.777 billion on 427.228 million shares in 2,178 deals yesterday, showing an increase of 140 per cent, compared with the N2.825 billion invested in 154.034 million shares in 2,922 deals the previous day. Despite the high value of investment, the Nigerian Stock […]

Ugo Aliogo writes on the opportunities in Nigeria’s steel and solid mineral industry and what government needs to enhance revenue from the sector Nigeria is currently a net importer of steel with negative trade balance of $1.27 billion in 2018 a report by the International Trade Center (ITC) has revealed. […]

The Managing Director/Chief Executive Officer, FBNQuest Trustees Limited, Mr. Adekunle Awojobi, spoke to Goddy Egene on the 40th anniversary of the company and developments in the trusteeship industry. Excerpts: What are some of the key changes the Trusteeship industry in Nigeria has recorded over the last 40 years? The Trusteeship […]