1. Zungeru plant begins operation Dec, Mambilla suffers fresh setback
The Minister of Power, Adebayo Adelabu, has justified why the Mambilla Power project did not get any allocation in the ministry’s 2024 budget proposal… Read more
SOURCE: https://punchng.com/zungeru-plant-begins-operation-dec-mambilla-suffers-fresh-setback/
2. Over 6,000 jobs lost to foreign firms’ exit, MAN fumes
No fewer than 6,000 jobs are expected to be lost as five notable companies shut their production factories in Nigeria… Read more
Source: https://punchng.com/over-6000-jobs-lost-to-foreign-firms-exit-man-fumes/
3. CBN cancels large depositors’ fines amid naira scarcity
The Central Bank of Nigeria, on Monday, suspended the processing fees of two per cent and three per cent previously charged on all cash deposits above N500,000 for individuals, and N3m for corporates with immediate effect… Read more
Source: https://punchng.com/cbn-cancels-large-depositors-fines-amid-naira-scarcity/
4.2024 BUDGET: FG to rake in N298.5bn from privatisation
The Federal Government, FG, has proposed to rake in N298.486 billion from privatisation of government assets in 2024… Read more
Source: https://www.vanguardngr.com/2023/12/2024-budget-fg-to-rake-in-n298-5bn-from-privatisation/
5. FG may prepare supplementary budget, says Edun
The Federal Government has said that it may consider returning to the National Assembly to seek the federal lawmakers’ approval for a supplementary budget next year if the government surpasses its revenue projections… Read more
Source: https://punchng.com/fg-may-prepare-supplementary-budget-says-edun/
6. Banking stocks, MTN drive bullish run on NGX
The Nigerian Exchange Limited, on the first day of trading this week, opened on a bullish note as investors gained N70bn… Read more
Source: https://punchng.com/banking-stocks-mtn-drive-bullish-run-on-ngx/
7. NPA moves to disable trucks involved in call up ticket racketeering
IN a bid to sanitize the electronic call up system which has been enmeshed in controversy, the  leadership of the Nigerian Ports Authority, NPA, has commenced moves to penalize truck drivers involved in malpractices in the  call-up system… Reda more
8.Firm unveils product to support reduction in gas emission
Lumiere Group International, a commodity trading and finance company, has unveiled an enzyme fuel treatment named ‘EcoBoost’ in a bid to support Nigeria’s plan of achieving a 20% cut in greenhouse gas emissions by 2030… Read more
Source: https://www.vanguardngr.com/2023/12/firm-unveils-product-to-support-reduction-in-gas-emission/
9. IBCC launches startup fund for youths
The International Billionaire Christian Conference has announced the launch of a startup fund targeted at Christian youths with impressive business ideas… Read more
Source: https://punchng.com/ibcc-launches-startup-fund-for-youths/
10. CAC to delist over 91,000 companies over infractions
The Corporate Affairs Commission is set to delist 91,843 companies for failing to file their annual returns with it… Read more
Source: https://punchng.com/cac-to-delist-over-91000-companies-over-infractions/
