OPINION/EDITORIAL

Letters of Credit Drop in Q1 2024

May 30, 2024/CSL Research In its updated International Payments Data, the Central Bank of Nigeria (CBN) announced that the value of Letter of Credit (LCs) declined by 62.77% y/y and 15.61% q/q in Q1 2024 to US$204.47m in comparison to US$549.22m and US$242.29m in Q1 2023 and Q4 2023 respectively. […]

The Five Principles of Effective Cooperation in SEC Investigations

May 30, 2024/US SEC Gurbir S. Grewal Director, Division of Enforcement Bruce [Carton, founder/editor of Securities Docket], thank you not just for the introduction, but also for the invitation to join you today. This event, together with its East Coast and now Midwest counterparts, offers regulators like me a unique […]

The “Economic Emergency Plan’’

May 29, 2024/CSL Research Based on news reports, Wale Edun, the Minister of Finance and Coordinating Minister of the Economy announced plans by the Federal Government to unveil an ‘economic emergency plan’ aimed at stabilizing the nation’s economy and fostering continued growth. According to Edun, the plan, which is pending […]