Updates

Faroukgate: Dangote Takes Petition Against Ex-NMDPRA Boss to EFCC

January 9, 2026/Dangote Group The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition against former Managing Director of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission (EFCC). This move […]

SEC to Host Hybrid Event on Regulation S-P for Small Firms

January9, 2026/US SEC — The Securities and Exchange Commission today announced it will hold its third and final outreach event to help firms comply with amendments to Regulation S-P. The event, which is focused on small firms, is open to in-person or virtual attendance, and is scheduled for January 22, […]

Composite PMI Closes 2025 in Expansion Zone

January 8, 2026/CSL Update The Central Bank of Nigeria (CBN) has released its December 2025 Purchasing Managers’ Index (PMI) report for the agriculture, services, and industry sectors. The composite PMI rose to 57.6 points in December from 56.4 points in November, marking the strongest pace of activity in nearly five […]