August 18, 2021/Presidency President Muhammadu Buhari has commenced implementation of the newly signed Petroleum Industry Act (PIA) by approving a steering committee to oversee the process. The steering committee is headed by the Honourable Minister of State, Petroleum Resources, Timipre Sylva. Other members are: Permanent Secretary, Ministry of Petroleum Resources, […]
Updates
Political Upheaval: IMF Says Afghanistan Can’t Access SDRs, Other Resources
August 18, 2021/IMF “As is always the case, the IMF is guided by the views of the international community. There is currently a lack of clarity within the international community regarding recognition of a government in Afghanistan, as a consequence of which the country cannot access SDRs or other IMF […]
CBN Freezes FINTECH Accounts
August 18, 2021/CSL Research In a clean swoop that took the Nigerian investing community by surprise yesterday, the Central Bank of Nigeria (CBN) obtained and implemented an order of the court to freeze for 180 days the account of Financial Technology (FINTECH) Companies in the country. For the short term […]
