February 11, 2021/SEC Nigeria The Securities and Exchange Commission (SEC) has received several comments and inquiries from the public on a perceived policy conflict between the SEC Statement on Digital Assets and their Classification and Treatment of September 11, 2020 and the Central Bank of Nigeria (CBN) Circular of February 5, 2021. We see no such contradictions or inconsistencies. In […]
Updates
AfDB, Mozambique LNG Area 1 Project win Multilateral Deal of the Year Award for $24 billion global syndicated finance
The project will exploit Mozambique’s immense offshore natural gas reserves, which can potentially transform global energy markets February 11, 2021/AfDB The Mozambique Liquefied Natural Gas (LNG) Area 1 Project and the African Development Bank (www.AfDB.org) have jointly received the prestigious Global Multilateral Deal of the Year 2020 award by the […]
FAAC Disbursed N601.11 Billion in December 2020 – NBS
February 11, 2021/NBS The Federation Account Allocation Committee (FAAC) disbursed the sum of N601.11bn to the three tiers of government in December 2020 from the revenue generated in November 2020. The amount disbursed comprised of N436.46bn from the Statutory Account, N7.87bn from FOREX Equalisation Account and N156.79bn from Value Added Tax. Federal Government received a total […]
