May 18, 2026/US SEC Commissioner Hester M. Peirce Today the Commission rescinded its decades-old no-admit/no-deny policy governing the settlement process.[1] Under this policy, settling defendants cannot publicly deny the allegations in a complaint or permit anyone else to do so. The Commission will no longer require and demand that defendants […]
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Dangote Refinery Reduces Jet Fuel Price to N1,650
May 18, 2026/Dangote Group Dangote Petroleum Refinery & Petrochemicals has reduced the price of aviation fuel (Jet A1) to N1,650 per litre from N1,750 per litre, in a move aimed at easing cost pressures on airlines and ensuring uninterrupted fuel supply across the country. This is in addition to a […]
Nigeria’s Core Reserves: Peeling Back the Layers
Summary Nigeria’s external reserves story in 2025 and early 2026 has been, on its face, remarkable. Gross reserves touched a 17-year high of $50.45 billion in February 2026. The CBN disclosed a Net Foreign Exchange Reserve (NFER) of $34.80 billion at end-2025, a figure that exceeds the country’s entire gross […]
