Updates

Egypt Accedes to the Establishment Agreement for Afreximbank’s Fund for Export Development in Africa

The signing of FEDA’s Establishment Agreement opens avenues for strengthening trade relations between Egypt and other African nations February 29, 2024/Afreximbank The Fund for Export Development in Africa (FEDA), a subsidiary of the African Export-Import Bank (Afreximbank) dedicated to fostering development impact, is pleased to announce the Arab Republic of […]

SEC Says Public Companies to File Directors and External Auditors Reports on ICFR for FY 2023

February 29, 2024/SEC Nigeria Further to the Commission’s circular dated 8th November, 2021 on the compliance by Public  Companies with the requirements of Sections 60 to 63 of the Investments and Securities Act 2007 on Internal Control over Financial Reporting, the Commission hereby notifies the reporting entities that the Directors and External Auditors’ reports […]

CBN Resumes Dollar Sales to Bureau De Change Operators

February 29, 2024/CSL Research In the last few weeks, the Central Bank of Nigeria (CBN) has been revising the extant laws and regulations guiding Bureau de Change (BDC) operations in the country. Most recently, through a circular dated 27-Febraury-2024, the CBN approved the sale of US$20,000 to each eligible Bureau […]