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Day: October 12, 2023

Nigeria Achieves Highest Crude Oil Output in 2023 at 1.35 Million Barrels/Day
Local

Nigeria Achieves Highest Crude Oil Output in 2023 at 1.35 Million Barrels/Day

Nigeria’s crude oil production reached an all-time high of 1.35 million barrels per day in September 2023, marking the country’s…

byEkeminiOctober 12, 2023October 12, 2023
Insurers Prepare for Transition to IFRS17 Reporting
Local

Insurers Prepare for Transition to IFRS17 Reporting

As the December 31, 2023 deadline approaches, insurers are gearing up for the transition from the IFRS4 model to the…

byEkeminiOctober 12, 2023October 12, 2023
Citigroup Advises CBN to Remove Forex Restrictions on 43 Items
Local

Citigroup Advises CBN to Remove Forex Restrictions on 43 Items

Citigroup has recommended that the Central Bank of Nigeria (CBN) should lift restrictions on foreign exchange provisions for 43 items…

byEkeminiOctober 12, 2023October 19, 2023
Deployment of N50bn Modular Floating Dock to Prevent N300bn Capital Flight and Generate N1bn Monthly
Local

Deployment of N50bn Modular Floating Dock to Prevent N300bn Capital Flight and Generate N1bn Monthly

Stakeholders in the maritime industry are advocating for the deployment of a N50 billion modular floating dock, which has remained…

byEkeminiOctober 12, 2023October 12, 2023
Manufacturing Sector in Kenya Faces Challenges with Over 30 Plant Shutdowns
Africa

Manufacturing Sector in Kenya Faces Challenges with Over 30 Plant Shutdowns

More than 30 manufacturing companies in Kenya have shut down production plants within a decade, indicating the impact of an…

byEkeminiOctober 12, 2023October 12, 2023

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