Buhari’s systemic decimation of judicial supremacy in Nigeria scaring away foreign investors – Ekpo, registrar IIHEL

Cyprian Edward-Ekpo is the registrar of International Institute for Humanitarian and Environmental Law, Nigeria. He took a critical examination of all the non-adherence by the President Muhammadu Buhari administration to court orders and rulings in his now vilified corruption fight, and came up with the conclusion that this decimation of the judiciary is largely contributory […]

Stock market in decline, falls by 0.14% as investors begin profit taking

Nigeria’s stock market reversed a two-day positive performance as investors began taking profit in some key stocks. The All Share Index declined by 0.14 percent to 32,568.66 points following profit taking in International Breweries (-9.5%), Zenith Bank (-1.9%) and Dangote Flour (-2.5%). As a result, market capitalisation decreased by N16.9 billion to settle at N12.1 trillion while year-to-date […]

 SEC approves Africa’s 1st corporate green bond by Access Bank

Access Bank Plc has revealed that Africa’s first corporate green bond, to be issued by the bank has secured the approval of the Securities and Exchange Commission (SEC). The bank in a notice to the Nigerian Stock Exchange (NSE) on Thursday explained that having secured the SEC’s approval, a book building process will be opened […]

Nigeria MPC members express concerns over banks’ low credit to private sector

Members of the Central Bank of Nigeria Monetary Policy Committee (MPC) have raised concerns over the persistent low level of credit by financial institutions to the private sector, regardless of the improvement in all financial system indicators (FSI). In their personal statements at the January MPC meeting released on Tuesday, members stressed the need for […]