The proposed initial public offering of Dangote Petroleum Refinery and Petrochemicals has drawn strong backing from prominent African and international leaders, who say opening the industrial giant to wider ownership could mark a new phase in African wealth creation, industrialisation and economic sovereignty.
The Central Bank of Nigeria (CBN) has strengthened terrorism financing supervision of banks and financial institutions as part of efforts to protect the country’s financial system from the activities of illicit actors.
President Bola Ahmed Tinubu has challenged Nigeria’s Deposit Money Banks (DMBs) to deploy more than ₦180 trillion in combined balance sheets following the industry’s recapitalisation exercise to finance businesses, boost investment and accelerate economic growth.
The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo; Chairman, Senate Committee on Gas Resources, Senator Jarigbe Agom Jarigbe; President, Nigerian Gas Association (NGA), Yetunde Taiwo; and Coordinating Director, Decade of Gas, Ed Ubong, are among experts who are expected to proffer strategies and…