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Lower inflation figure still temporal, not stability — LCCI

By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has stated that the latest inflation data released by the National Bureau of Statistics (NBS) indicates a temporary easing of inflationary momentum, not yet a convergence toward a low and stable inflation regime. Recall that NBS, on Monday, reported that Nigeria’s headline inflation rate dropped to […]

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Nigeria set to adopt digital sustainable financial reporting

As FRC, SALI, RCRA sign MoU By Progress Godfrey Nigeria has taken a decisive step towards modernising corporate disclosure with the adoption of digital sustainable financial reporting, following the signing of a Memorandum of Understanding (MoU) between the Financial Reporting Council of Nigeria (FRC), SALI Technologies and Regulatory Compliance Readiness Advisors (RCRA), Limited. The concession agreement […]

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INEC unleashes EFCC, ICPC on vote buyers ahead of FCT Poll

The Independent National Electoral Commission (INEC) has warned against electoral malpractice, giving an “express mandate” to the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to apprehend vote buyers during Saturday’s Federal Capital Territory (FCT) Area Council elections.

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Naira rises to N1,380/$ in parallel market

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,380 per dollar in the parallel market from N1,385 per dollar on Tuesday. However, the naira depreciated to N1,340 per dollar in the Nigerian Foreign Exchange Market, NFEM. Data from the Central Bank of Nigeria, CBN, showed that the indicative exchange rate for the naira rose to […]

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KNDC tasks NJC to investigate court alleged persecution of dissent voices in Kwara

By Demola Akinyemi Ilorin The Kwara North Development Commission (KNDC) has called on National Judicial Council (NJC)to investigate what it described as a clear case of judicial overreach and executive interference in the judiciary in the state. Recall that the trio of Hon. Iliasu Ibrahim, Shola Muse, and Adesomowo Adegogo were remanded by Justice E.B […]

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