During the 30th Nigeria Economic Summit in Abuja, Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), stated that increasing financial inclusion for women is a top priority. 

Recapitalisation: Five Banks’ Shares Oversubscribed — SEC DG   The Director-General of the Securities and Exchange Commission (SEC) Dr Eromomotimi Agama, has stated that the five banks that tapped the market to raise fresh capital were oversubscribed. This was disclosed in a report by Bloomberg on Monday...

Unpaid Import Duty: FG Grants Private Jets Owners 30-day Extension   The Federal Government has rescinded its decision to ground 60 private jets owned by various individuals in Nigeria over unpaid import duty running into several billions of naira. It was reported on Monday that the government...

Forex Crisis Halts Completion of Four Inland Dry Ports Projects   Maritime operators have blamed the non-completion of four out of the seven approved inland dry ports on the foreign exchange crisis in Nigeria and other issues. The immediate past Managing Director of the Kaduna Inland Dry...

NNPC Sells PMS to IPMAN at N995 per Llitre   The Nigerian National Petroleum Company Limited (NNPC) has agreed to sell Premium Motor Spirit (petrol) to members of the Independent Petroleum Marketers Association of Nigeria at N995 per litre. This followed the intervention of the Department of...

'How Six Offshore Licences Were Developed Over The Years'   The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has disclosed that only six out of the 42 deep offshore licences it granted in the last 30 years have been developed. This was revealed by the Head of the...