By Aderogba George The Chartered Institute of Treasury Management (CITM) has called on oil and gas companies in Nigeria to strengthen their financial management systems and adopt prudent treasury practices to avoid insolvency. The call follows the recent receivership of Nestoil Limited, whose Lagos headquarters was sealed after a FederalContinue Reading
By Emmanuel Oloniruha The Chartered Institute of Treasury Management (CITM) has commended the Federal Government for projecting a revenue surplus in 2025. Mr Olumide Adedoyin, Registrar of CITM, said this in a statement on Wednesday in Abuja, saying the surplus was an opportunity to finance development without resorting to additionalContinue Reading
By Aderogba George The Chartered Institute of Treasury Management (CITM) on Friday called on Nigeria’s monetary authorities to consider partially backing the Naira with gold reserves as a means of stabilising the currency. The Institute’s Registrar, Mr Adedoyin Olumide, who made the call during an interview with the News AgencyContinue Reading
