1. Nigeria’s trade surplus rises 47% to N1.88trn in Q3’23
Nigeria’s trade surplus improved further in the third quarter, Q3’23, rising 47 per cent, quarter on quarter, QoQ, to N1.88 trillion from N1.28 trillion in Q2’23… Read more
Source: https://www.vanguardngr.com/2023/12/nigerias-trade-surplus-rises-47-to-n1-88trn-in-q323/amp/
2. Spotify to sack 17% staff members
Music streaming giant Spotify said Monday it will reduce the number of its employees by around 17% in a bid to cut costs amid “dramatically” slower economic growth… Read more
Source: https://punchng.com/spotify-to-sack-17-staff-members/
3. Nasarawa, C’River get lion share as states receive N135bn aid
The Federal Government has disbursed N135.4 billion to states and the Federal Capital Territory following the second Independent Assessment of Results obtained under the Nigeria COVID-19 Action Recovery and Economic Stimulus… Read more
Source: https://punchng.com/nasarawa-criver-get-lion-share-as-states-receive-n135bn-aid/
4. Subsidy: FG to disburse grants to SMEs
The Federal Government says it will soon commence disbursement of funds under its Presidential Palliative Programme, targeted at alleviating the impact of the fuel subsidy removal… Read more
Source: https://punchng.com/subsidy-fg-to-disburse-grants-to-smes/
5. Nigeria’s economy begins major shift as oil sector rebounds
There are indications that Nigeria’s economy is reversing back to oil-sector led development while the gains made in non-oil sector is now reversing… Read more
6. Lawyers demand special police to tackle land grabbing
Lawyers for Reform Group and Centre for Human and Socio-economic Rights have called for the establishment of a Special Anti-Land Grabbing and Fraud Task Force Unit in the Nigeria Police Force… Read more
Source: https://punchng.com/lawyers-demand-special-police-to-tackle-land-grabbing/
7. Facility management contributes 2.3% to global GDP – AFMPN
The Group Chief Executive Officer, Global Properties and Facilities International, Dr. Mohammed Balogun, has decried the small contribution of facility management to the World’s gross domestic product… Read more
Source: https://punchng.com/facility-management-contributes-2-3-to-global-gdp-afmpn/
8. Investors gain N1.01trn in Nov, position for seasonal trends
Stock market investors raked capital gains amounting to N1.013 trillion in the month of November this year, just as they are positioning for the seasonal trends this month… Read more
Source: https://www.vanguardngr.com/2023/12/investors-gain-n1-01trn-in-nov-position-for-seasonal-trends/amp/
9. Maritime operators lament as tariff hikes worsen business
With just a few weeks left until Christmas, the prices of goods have surged due to the high exchange rate for cargo clearance imposed by the Central Bank of Nigeria… Read more
Source: https://punchng.com/maritime-operators-lament-as-tariff-hikes-worsen-business/
10. Nigeria’s trade surplus rises 47% to N1.88trn in Q3’23
Nigeria’s trade surplus improved further in the third quarter, Q3’23, rising 47 per cent, quarter on quarter, QoQ, to N1.88 trillion from N1.28 trillion in Q2’23… Read more
Source: https://www.vanguardngr.com/2023/12/nigerias-trade-surplus-rises-47-to-n1-88trn-in-q323-2/amp/
