1. FG plans affordable homes for 80% low-income earners
THE Minister of Housing and Urban Development, Ahmed Dangiwa, has communicated plans to develop cost-effective housing designs and promote the construction of quality and affordable housing for Nigerians… Read more
Source: https://punchng.com/fg-plans-affordable-homes-for-80-low-income-earners/
2. High cost of borrowing: FG targets domestic market to fund N9.05trn budget deficit
The apparent high cost of borrowing internationally, following the massive fall in the value of the naira, may have forced the federal government to reverse its borrowing plan to fund the N9.05trillion deficit budget from the domestic financial market as indicated in the Medium Term Expenditure Framework, MTEF, 2024-2026, released at the weekend… Read more
3. SBM Intelligence rates Nigeria as stable
Nigeria has been rated as ‘stable’ by research and risk consultancy firm, SBM Intelligence, in its latest “Africa Country Instability Risk Index”, which assesses political stability risks in 47 sub-Saharan African nations… Read more
Source: https://punchng.com/sbm-intelligence-rates-nigeria-as-stable/
4. Enabling policies, infrastructure key to attracting foreign investments — KPMG
KPMG, an audit, tax and advisory firm, said Nigeria needs an enabling policy framework and solid infrastructure to attract foreign investments… Read more
5. Lagos trains agencies to block revenue leakages
Lagos State Government says it has commenced training initiative aimed at enhancing revenue collection, and boosting transparency across all revenue-generating agencies in the state… Read more
Source: https://punchng.com/lagos-trains-agencies-to-block-revenue-leakages/
6. Unilever grows revenue by 26% to N81.57bn in nine months
Consumer goods manufacturer, Unilever Nigeria Plc, grew its revenue by 25.95 per cent to N81.576bn in the period ending September 30, from N64.768bn recorded within the same period in 2022… Read more
Source: https://punchng.com/unilever-grows-revenue-by-26-to-n81-57bn-in-nine-months/
7. Petroleum institute completes modular refinery, to commercialise output
The Petroleum Training Institute, an agency of the Federal Ministry of Petroleum Resources, has announced the completion of its modular refinery with a target to scale up its capacity for commercial purposes… Read more
Source: https://punchng.com/petroleum-institute-completes-modular-refinery-to-commercialise-output/
8. Slums hit 169, eight earmarked for regeneration – LASURA
The Lagos State Urban Renewal Agency has disclosed that 169 slums have been identified in Lagos, and 8 of them are earmarked for regeneration… Read more
Source: https://punchng.com/slums-hit-169-eight-earmarked-for-regeneration-lasura/
9. ABCON presents pathway to exchange rate stability, forex market liquidity
Achieving stable, strong and virile exchange rate in Nigeria would require full participation of Bureaux De Change (BDCs) in the retail segment of the foreign exchange (forex) market, President, Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji (Dr) Aminu Gwadabe, has said… Read more
10. FG to construct 34,500 homes nationwide
President Bola Tinubu has approved the construction of 34,500 homes nationwide to boost access to decent, quality, and affordable housing for all Nigerians… Read more
Source: https://punchng.com/fg-to-construct-34500-homes-nationwide/
