August 4, 2023/Source: S&P Global Ratings Overview On May 29, 2023, Nigeria inaugurated former Governor of Lagos State, Bola Tinubu, as its 16th president, after he won the presidential elections. The new administration has announced reforms, including exchange-rate liberalization and the end of fuel subsidies, which will benefit public finances. […]

August 4, 2023/CAC The Corporate Affairs Commission (CAC) has commenced the de-registration of companies that have not complied with the provisions of the Companies and Allied Matters Act 2020, from the register in accordance with the requirement of the Act. According to the CAC, names of the companies to be […]

August 4, 2023/United Capital Anglophone West Africa (WAEMU) Nigeria Currency in circulation hits N2.26tn, says CBN Currency outside banks rose to N2.26tn at the end of June 2023, according to the latest figures from the Central Bank of Nigeria. According to figures obtained from the CBN, the currency outside banks […]