News & Insights

      Stories by Goddy Egene The Securities and Exchange Commission (SEC) has said the decision to regulate digital assets is part of determination to protect investors, explaining that it has the capacity to achieve the objective. SEC had last week unveiled guidelines that would lead to regulation of […]

      Nigerian National Petroleum Corporation (NNPC) would in the first quarter of 2021 unveil the list of successful bidders among the 78 companies that submitted bids to rehabilitate its critical downstream pipelines, associated depots and terminal infrastructure.     The corporation, in a statement issued yesterday in Abuja, […]

      Goddy Egene The market capitalisation of the Nigerian equities market has grown by 70.7 per cent or N5.594 trillion from N7.91 trillion to N13.51 trillion in the last nine years under Mr. Oscar Onyema as the Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE) amidst […]

      •Stallion Nigeria, Interswitch, Flour Mills, Promasidor Nigeria affected Obinna Chima In order to ensure that the country’s forex resources are prudently managed and used for the importation of priority goods, the Central Bank of Nigeria (CBN) has further beamed its searchlight on more bank customers and unauthorised […]

      …all agreements to approved by NASS before implementation   Worried by the draconian clauses discovered in the Chinese loan agreements, especially those ceding sovereignty of the country, the House of Representatives has commenced moves to subject all agreements entered into by the Nigerian government with foreign countries […]

  The European Commission said on Thursday that hundreds of international agreements it has already signed with third parties testify to a “rather splendid” track record of carrying out negotiations in good faith, a spokesman told reporters. The Commission’s comment comes after Boris Johnson on Wednesday said he didn’t believe […]

      By Emma Okonji A new report that explores the state of digital rights and privacy in Nigeria that was launched by Paradigm Initiative, a Pan-African Digital Rights and Inclusion organisation, is seeking for the repeal and re-enactment of the Cybercrime Act 2015, among others. The report, which […]

  The European Commission will revise its antitrust rules to keep up with global changes and invest a fifth of its 750-billion-euro ($890 billion) COVID-19 recovery fund in digital projects to ensure it takes the lead in technology, its head said on Wednesday. European Commission President Ursula von der Leyen’s […]

  The COVID-19 pandemic threatens hard-won gains in health and education over the past decade, especially in the poorest countries, a new World Bank Group analysis finds. Investments in human capital—the knowledge, skills, and health that people accumulate over their lives—are key to unlocking a child’s potential and to improving economic growth in every country.  The World Bank […]

  OPEC and allies such as Russia are unlikely to announce further curbs to oil output this week despite a price drop, sources told Reuters, and will extend the period for countries like Iraq and Nigeria to compensate for earlier overproduction. OPEC and allies, a group known as OPEC+, have […]