Category: BUSINESS

Securities and Exchange Commission (SEC) has cautioned members of  the public against conducting business with Marino FX Ltd., saying the company is not registered or licensed to operate in Nigeria’s capital market. The commission gave the warning in a notice on Wednesday in Lagos. The notice reads:  “We hereby notify the public that Marino FX…

Enugu state Government has held a workshop on domestication of  Nigeria Startup Act (NSA) to create a conducive legal and operational environment for startups in Enugu State,. Speaking at the event Organised by the Enugu State Government through the Enugu SME Center in conjunction with the National Information Technology Development Agency( NITDA) through its Office…

International Finance Corporation (IFC) and Central Bank (CBN) of Nigeria have signed a strategic agreement to boost Nigerian private Sector through financing priority projects thereby strengthening local currency. Through this partnership, IFC plans to increase its investment in Nigerian naira across priority sectors, such as agriculture, housing, energy, infrastructure, small businesses, and the youth economy,…

Minister of Aviation and Aerospace Development Festus Keyamo, Monday, 7th July 2025, inaugurated the Enugu state -owned commercial airline ,”Enugu Air”, with a charge on the management of the Airline to run the Airline professionally, embrace Public private partnership, adding that they should not allow bureaucracy to kill Enugu Air. Speaking at the inauguration ceremony…

Nigerian National Petroleum Company Limited (NNPCL), Akwa Ibom State government and Gas Aggregator Company Nigeria Ltd/GTE (GACN) have signed a  $3.5 billion Memorandum of Understanding on gas industrialisation in Akwa Ibom State. The agreement was signed on Monday during the inaugural session of the South-South Gas Utilisation Forum 2025, taking place in Uyo. The ceremony drew…

In this write- up an Economist, Policy Expert, and Public Finance Consultant, Prof Chiwuike Uba, Ph.D, X- rayed issues surrounding the the Nigeria’s monetary policy and proffered solutions. Read on: In its July 2025 Monetary Policy Committee (MPC) meeting, the Central Bank of Nigeria (CBN) opted to retain its existing monetary parameters—maintaining the Monetary Policy…

IBy Prof Chibuike Uba,Ph.D n this write up, Prof Chibuike Ubah observed issues surrounding President Bola Tinubu ‘s mega borrowing plans and suggests Nigeria must enact a Debt Sustainability Framework Law that limits future borrowing to projects with positive economic returns and mandates legislative and public consultation. President Bola Ahmed Tinubu’s recent loan request, approved…

Central Bank of Nigeria (CBN) has directed all commercial banks, microfinance banks, mobile money operators, and other licensed stakeholders in the payments ecosystem to fully migrate to the ISO 20022 standard for payment messaging by October 31. The directive was contained in a circular signed on Tuesday by the  Director of the Payments System Supervision…

Federal Government Friday , in Abuja,  validated the Nigeria Industrial Policy (NIP), saying  it as a framework to drive inclusive growth, job creation and national competitiveness. Minister of State for Industry, Sen. John Owan Enoh, at the event,  said the policy marked a new covenant to reposition the economy on productivity and resilience. He explained…

…….Advises NUPENG , Dangote to dialogue South East zone of the Independent Petroleum Marketers Association of Nigeria,IPMAN led by it’s National Ex-officio, Hon Chukwudi Fred Ezinwa, Monday , in Enugu, urged members of the association  to ignore the call by “an imposter chairman”, Prince Bobby Dick on them to embark on strike as directed by…