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Central Bank of Nigeria has commended the country’s removal from the Financial Action Task Force grey list , describing it as a global vote of confidence in Nigeria’s ongoing financial reforms and anti-money laundering framework. Acting Director of Corporate Communications, Hakama Sidi Ali, in a statement made available to Newsmen on Saturday, in Abuja said…
…Cautions against excessive borrowing The 50Th President of the Institute of Chartered Accountants of Nigeria ( ICAN) Chidi Ajaegbu has urged government at all levels to embrace capital market in their long term infrastructural development , strengthen the judiciary, noting that lack of effective rule of law results to weak contractual enforcement and procurement capacity…
President Bola Tinubu has lauded Shell’s $2 billion Final Investment Decision (FID) on a new gas project in the shallow offshore HI Field, in OML 144, saying the move shows Nigeria is open for business. Presidential spokesman ,Bayo Onanuga,in a statement ,said the announcement brings the total significant upstream investment commitments through Final Investment Decisions…
Central Bank of Nigeria (CBN) says Nigeria’s gross official reserves rose by nearly $1.1 billion to $42.574 billion as of Friday, October 10, 2025, showing renewed investor confidence, improved export receipts, and more robust foreign exchange (FX) management. The reserve declined in June, when it was $1.2 billion largely due to external debt servicing, 6…
Enugu State Government in collaboration with a socio- cultural group, Ezeagu in Diaspora disclosed that over 1000 youth will be trained in different skills in the 2025 youth empowerment program organised by the Ezeagu in Diaspora International Association reiterating commitment to youth empowerment. Secretary to the State Government (SSG), Prof. Chidiebere Onyia, made this known …