1. Access Bank launches subsidiary in France
Entrepreneurng.com, Access Bank Plc, the flagship company of Access Holdings Plc, has officially launched its subsidiary in Paris, France. The bank said in a statement that its operations would focus on trade finance, initially capitalising on flows between Africa and France, particularly Francophone Africa.
Source: https://punchng.com/access-bank-launches-subsidiary-in-france/
2. Kogi, largest producer of cashew in Nigeria – Commissioner
The Kogi State Government said on Friday that the state had maintained a clear lead in the production of cashew in Nigeria, linking the feat to sound agricultural policies… Read more
Source: https://punchng.com/kogi-to-become-cashew-production-hub-government/
3. FG tells West African operators to reposition insurance industry
The Minister of Finance, Budget and National planning, Dr. Zainab Ahmed, has urged insurance operators in West Africa to reposition the industry for global competitiveness… Read more
Source: https://punchng.com/fg-tells-west-african-operators-to-reposition-insurance-industry/
4. UK economy records first quarter growth
Britain’s economy grew 0.1 percent over the first quarter despite weakening in March, official data revealed Friday, as output continues to be hit by high inflation and strikes… Read more
Source: https://punchng.com/uk-economy-records-first-quarter-growth/
5. Seplat files for stay of execution of interim orders
Indigenous energy company, Seplat Energy Plc, has said that it has taken steps against the ex parte interim orders against it and some of its officers granted by Justice I.E Ekwo of the Federal High Court sitting in Abuja… Read more
Source: https://punchng.com/seplat-files-for-stay-of-execution-of-interim-orders/
6. Buhari, Osinbajo, govs get N651m hardship allowance
As many Nigerians continue to wallow in hardship, the President, Major General Muhammadu Buhari (retd.), Vice President Yemi Osinbajo, state governors, and their deputies may have enjoyed about N651.2m hardship allowance in the last eight years the Buhari regime… Read more
Source: https://punchng.com/buhari-osinbajo-govs-get-n651m-hardship-allowance/
7. UN, EU back gender-based violence fund in Nigeria
Poised to combat gender-based violence with every tool in the box, the United Nations Women and the European Union Spotlight Initiative have pledged support in their various capacities during the launch of a private sector gender-based violence fund in Lagos.
Source: https://punchng.com/un-eu-back-gender-based-violence-fund-in-nigeria/
8. Debt servicing hit $112m in January – CBN
Data from the Central Bank of Nigeria’s Weekly International Payments showed that the amount spent in January was 146.17 per cent higher than the $45.64m spent in December 2022… Read more
Source: https://punchng.com
9. NDDC lauds Senate’s plan to probe N1tn spending
The Niger Delta Development Commission has lauded the Senate over moves to probe the agency’s account from 2021 to 2022 for illegal spending of N1.4tn. In a statement by the Director, Corporate Affairs, NDDC, Ibitoye Abosede, on Thursday, the agency appreciated the concerns expressed by the Senate during its plenary on Tuesday… Read more
Source: https://punchng.com/nddc-lauds-senates-plan-to-probe-n1tn-spending/
10. Emefiele urges institute to train risk management professionals
The Governor, Central Bank of Nigeria, Godwin Emefiele, has urged the Chartered Risk Management Institute of Nigeria to use its position to develop risk management professionals who will help to develop and implement effective risk management strategies in the economy… Read more
Source: https://punchng.com/emefiele-urges-institute-to-train-risk-management-professionals/