Governance
Explore in-depth coverage of governance in Nigeria at Spectra. Stay updated on policies, regulations, and key insights shaping our world. Informative content for all.
CBN Orders Banks to Seek Approval for Core Software Changes
Commercial banks must now get permission from the Central Bank of Nigeria (CBN) to modify their core banking system software...
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Court Prohibits Central Bank from Allocating Funds to Rivers State Over Budget Dispute
A recent ruling by the Federal High Court in Abuja has directed the Central Bank of Nigeria (CBN) to halt...
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Nigeria Plans to Double VAT to 15%
The Nigerian government has announced plans to gradually raise the Value Added Tax (VAT) rate from the current 7.5% to...
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New CJN Faces Urgent Task to Rebuild Public Trust in Judiciary – Agbakoba
In a recent statement, renowned legal expert Dr. Olisa Agbakoba, SAN, emphasized the urgent need for reform in Nigeria's judiciary...
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President Tinubu Set to Return to Abuja After Official Visit to China and Stopover in London
President Bola Ahmed Tinubu is set to return to Abuja on Sunday, following an official visit to China and a...
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Nigeria Secures $1 Billion Iron Ore-to-Steel Project to Enhance Local Industry
Dele Alake, Nigeria’s Minister for Solid Minerals Development, has lauded a new $1 billion iron ore-to-steel initiative planned for Kogi...
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President Ramaphosa Defends Chinese Investments as Strategic Partnerships
South African President Cyril Ramaphosa expressed confidence on Thursday that Chinese investments in Africa do not place the continent in...
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NIA Director-General Ahmed Rufai Abubakar Resigns, Submits Letter to President Tinubu
Ahmed Rufai Abubakar, the Director-General of the National Intelligence Agency (NIA), has officially tendered his resignation to President Bola...
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Nigeria to Begin Crude Oil Sales to Dangote Refinery in Naira by October 2024
The Nigerian government will start selling crude oil to the Dangote Refinery in naira from October 1, 2024. Wale Edun,...
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President Bola Ahmed Tinubu Approves Interim Dividend Utilization to Offset Petrol Subsidy Costs
President Bola Ahmed Tinubu of Nigeria has authorized the Nigerian National Petroleum Company (NNPC) to use interim dividends owed...
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