CBN ISSUES NEW REGULATIONS FOR NON-SECURITY VIRTUAL ASSETS, SETS LICENSING REQUIREMENTS
The Central Bank of Nigeria (CBN) has issued new regulations governing the operations of non-security virtual assets in Nigeria
OMOSEHIN CHARGES INSURANCE DIRECTORS ON GOVERNANCE
Commissioner for Insurance Olusegun Ayo Omosehin has charged insurance directors to strengthen corporate governance, deepen board oversight and ensure the financial sustainability of their institutions.
CUSTOMS RELEASES 98 STRANDED POWER CONTAINERS
Electricity consumers across Nigeria are set to benefit from a stronger grid as the Federal Ministry of Power secured the release of transmission equipment stranded at the nation’s ports for up to 20 years.
NIGERIA MUST AVOID OIL ECONOMY MISTAKES WITH DATA, FINANCE MINISTER SAYS
Nigeria risks repeating the costly mistakes of its oil economy if it continues to rely heavily on foreign infrastructure for storing and processing its data, Minister of Finance and Coordinating Minister of the Economy Taiwo Oyedele said on Wednesday.
CAFA MARKS ONE YEAR OF AFRICAN FASHION INDUSTRY
One year after its signing, the African Fashion Industry Growth Charter has moved from a single Nigerian signature toward a continental instrument, the Confederation of African Fashion (CAFA) has said.
MOT!ON, ACTIONAID CONDEMN ATTACKS ON OPPOSITION FIGURES, DEMAND PROBE
The Movement for the Transformation of Nigeria (MOT!ON), ActionAid Nigeria, Centre for Leadership Strategy and Development (Centre LSD), and the Abuja School of Political and Social Thoughts have condemned recent attacks on opposition political figures, their supporters and campaign activities
NISO ATTRIBUTES LOW POWER GENERATION TO GAS SUPPLY CONSTRAINTS, REDUCED HYDROPOWER OUTPUT
The Nigerian Independent System Operator (NISO) has attributed the current decline in electricity generation on the national grid to constraints in gas supply to thermal power plants and reduced output from hydroelectric power stations.
FCCPC DIRECTS VEGETABLE OIL, SALT PRODUCERS TO COMPLY WITH FOOD FORTIFICATION STANDARDS
The Federal Competition and Consumer Protection Commission (FCCPC) has directed producers of inadequately fortified vegetable oil and salt to comply with national food fortification standards following findings that some products sold in Nigerian markets contain insufficient levels of essential vitamins and minerals.