1. Investors’ interest soars in highly capitalised stocks
The positive trend persisted for the third consecutive week in the Nigerian stock market, with investors showing interest in highly capitalised stocks… Read more
Source: https://www.vanguardngr.com/2023/11/investors-interest-soars-in-highly-capitalised-stocks/amp/
2. CBN postpones MPC meeting again
The Central Bank of Nigeria has again postponed the meeting of its monetary policy committee despite the surge in inflation… Read more
Source: https://punchng.com/cbn-postpones-mpc-meeting-again/
3. Businesses battle low patronage amid rising operating costs
The unification of the foreign exchange rates and removal of fuel subsidy have worsened the operating environment and consumer market for Nigerian businesses.. Read more
Source: https://punchng.com/businesses-battle-low-patronage-amid-rising-operating-costs/
4. Rice price skyrockets as local production declines
Rice consumption in the country has been on a steady rise, beyond the reach of local supply, leading to a supply gap of about two million metric tonnes annually, a new report has disclosed… Read more
Source: https://punchng.com/rice-price-skyrockets-as-local-production-declines/
5. NSIA unveils $500m renewable energy investment platform
The Nigeria Sovereign Investment Authority has launched a $500 million Renewables Investment Platform for Limitless Energy dedicated for the development of renewable energy projects across the entire value chain… Read more
Source: https://punchng.com/nsia-unveils-500m-renewable-energy-investment-platform/
6. Akwa-Ibom, Jigawa lead as states record $910m forex gain
No fewer than 13 state governments recorded significant Foreign exchange revaluation profits worth N71.59 billion in three months… Read more
Source: https://punchng.com/akwa-ibom-jigawa-lead-as-states-record-910m-forex-gain/
7. Sun Africa pledges $2.2bn for Nigeria’s power sector devt
Sun Africa LLC, an international organisation that supports Africa’s energy needs, has pledged to commit about $2.2bn for the development of Nigeria’s power sector… Read more
Source: https://punchng.com/sun-africa-pledges-2-2bn-for-nigerias-power-sector-devt/
8. Stock market literacy boosts women’s financial future – NGX RegCo
NGX Regulations Limited, the regulatory arm of the Nigerian Exchange Group, has said that stock market literacy has the ability to secure women’s financial future.. Read more
Source: https://punchng.com/stock-market-literacy-boosts-womens-financial-future-ngx-regco/
9. 222,141 workers dump PFAs, transfer N908bn – PenCom
No fewer than 222,141 workers have changed their Pension Fund Administrators and moved N908.363bn from their Retirement Savings Accounts since the National Pension Commission opened the window of transfer… Read more
Source: https://punchng.com/222141-workers-dump-pfas-transfer-n908bn-pencom/
10. FG inaugurates BUA’s N1bn innovation hub in Borno
President Bola Tinubu has inaugurated the Abdul Samad Rabiu (ASR) International Centre for Innovations and Entrepreneurship at the University of Maiduguri, Maiduguri, Borno State… Read more
Source: https://punchng.com/fg-inaugurates-buas-n1bn-innovation-hub-in-borno/
