Sunday Michael Ogwu A new directive from the Securities and Exchange Commission (SEC) has triggered anxiety across Nigeria’s capital markets, as operators scramble to understand the scope and implications of newly imposed tenure limits for directors of Capital Market Operators (CMOs). In a circular released last Friday, the SEC announced that directors of CMOs …
Sunday Michael Ogwu The Manufacturers Association of Nigeria (MAN) has called on the Lagos State Government to reconsider its decision to ban selected single-use plastics (SUPs) starting July 1, 2025, warning that the move could trigger widespread economic and social disruptions without delivering meaningful environmental gains. In a strongly worded press statement issued on …
Ghana is losing billions of dollars in revenue annually to smuggling from its booming artisanal gold mining sector with much of the gold flowing to the United Arab Emirates, according to a report by nonprofit Swissaid. The report found a staggering 229 metric ton trade gap, equivalent to $11.4 billion, between Ghana's gold exports and …
By Sunday Michael Ogwu The Dangote Oil Refinery will in August begin direct supply of fuel to retail stations, manufacturers, telecoms firms, and other large users across Nigeria The move which is aimed at enhancing supply, will puts the biggest fuel refinery in Africa in direct competition with local petroleum marketers. Africa's biggest refinery …
