Updates

2016: Dangote ends Nigeria’s Cement importation…exports 0.4m metric tons cement to neighboring countries

February 28, 2017/Dangote Group Following continuous increase in its production capacity, foremost cement manufacturer, Dangote Cement Plc (www.Dangote.com) has finally ended the era of Nigeria’s dependence on importation as the company exported 0.4 million tons of the product to other countries in 2016. In its 2016 full year audited results […]

Harmonisation of the Unique Transaction Identifier, guidance issued by CPMI-IOSCO

February 28, 2017/CPMI/IOSCO A new report provides technical guidance to authorities to enable them to set rules on assigning uniform global Unique Transaction Identifiers (UTIs) to over-the-counter (OTC) derivatives transactions. The report, entitled Harmonisation of the Unique Transaction Identifier, is a joint effort of the Committee on Payments and Market […]

Overall 2016 GDP Figures Show Growth in Agric, as FG Efforts Set Economy on an Upward Trajectory

February 28, 2017/Press Release There are now indications that the Nigerian economy is well on its way out of recession considering the 2016 overall and last quarter Gross Domestic Product reports. A review of the recent GDP figures released today by the National Bureau  of Statistics, NBS, show a contraction […]