1. Internet users in Nigeria rose to 154m in Q4 2022
The National Bureau of Statistics has disclosed that Nigeria’s internet users grew to 154.8 million in the fourth quarter of 2022. The bureau disclosed this in its latest data released Saturday. The increase portrayed 9.07 per cent from 141,971,560 in Q4 of 2021… Read more
Source: https://punchng.com/internet-users-in-nigeria-rose-to-154m-in-q4-2022/
2. SON reiterates commitment to Halal products standards
The Standards Organisation of Nigeria has reiterated its commitment to continually drive initiatives that promote the development of Halal products standards… Read more
Source: https://punchng.com/son-reiterates-commitment-to-halal-products-standards/
3. Subsidy: Oil marketers demand energy transition plan
Oil marketers have asked the Federal Government to implement a transition plan in preparation for fuel subsidy removal after May 29… Read more
Source: https://punchng.com/subsidy-oil-marketers-demand-energy-transition-plan/
4. Unify multiple exchange rates, World Bank tells Nigeria
The World Bank has advised the Federal Government to unify the nation’s multiple exchange rate windows and carry out a number of other reforms to strengthen the economy and restore macroeconomic stability… Read more
Source: https://punchng.com/unify-multiple-exchange-rates-world-bank-tells-nigeria/
5. African countries invest N2tn in Nigeria’s telecom, banking sectors
African countries have invested $4.23bn (N1.95tn at the Central Bank of Nigeria’s exchange of N460.93 to a dollar) in Nigerian firms and businesses in the last three years… Read more
Source: https://punchng.com/african-countries-invest-n2tn-in-nigerias-telecom-banking-sectors/
6. Subsidy regime funding inefficiency, corruption – NECA DG
The Director General of the Nigeria Employers’ Consultative Association, Mr Wale Oyerinde, was recently appointed a member of the governing board of the International Labour Organisation. In this interview with ANOZIE EGOLE, he speaks on the Nigerian economy and other issues… Read more
Source: https://punchng.com/subsidy-regime-funding-inefficiency-corruption-neca-dg/
7. Developers building mass housing projects on waterways – Adebayo, HDAN boss
Executive Director, Housing Development Advocacy Network, Festus Adebayo shares his thoughts with DAMILOLA AINA on why estate developers sell houses in flood-prone areas, among other related issues… Read more
Source: https://punchng.com/developers-building-mass-housing-projects-on-waterways-adebayo-hdan-boss/
8. FG, NLNG plan 1.2 million gas cylinders annually
Discussions are currently ongoing between the Nigerian Content and Development Monitoring Board and the Nigerian Liquefied Natural Gas Limited for the production of 1.2 million gas cylinders every year… Read more
Source: https://punchng.com/fg-nlng-plan-1-2-million-gas-cylinders-annually/
9. Nigeria wobbles to regain Africa’s top crude oil producer spot
With a production capacity of 1.2 million barrels per day (bpd), Nigeria wobbled to emerge the top crude oil producer in March 2023, despite it’s the country’s lowest production recorded so far this year, according to data from the Nigerian Upstream Regulatory Commission (NUPRC)… Read more
Source: https://guardian.ng/business-services/nigeria-wobbles-to-regain-africas-top-crude-oil-producer-spot/
10. Kuda wins 2023 AFTSS ‘Excellence in Digital Banking’ award
Kuda, the money app for Africans, has emerged the winner of the 2023 Africa Fintech Summit (AFTS) Excellence In Fintech award presented by the Africa Fintech Summit (AFS) in Washington, DCs. Kuda beats four other major African fintechs – TymeBank, Moniepoint, FairMoney and MNT-Halan – to clinch the award… Read more
Source: https://guardian.ng/business-services/kuda-wins-2023-aftss-excellence-in-digital-banking-award/
