July 2024

CAC unveils new guidelines for bank recapitalization

By Esther Agbo The Corporate Affairs Commission (CAC) has issued new guidelines for the recapitalisation of banks and other financial institutions, aiming to streamline processes and ensure compliance with regulatory standards. This development comes under the authority of Section 8(1)(e)…

Reps begin nationwide PMS quality investigation

The House of Representatives has disclosed plans to carry out a holistic probe into Nigeria’s petroleum products supply chain and the quality of imported and refined products around the country. The move may not be unconnected to the ongoing feud…