1. BREAKING: CBN raises interest rate to 18%
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 50 basis points to 18. per cent, The PUNCH reports.. Read more
Source: https://punchng.com/breaking-cbn-raises-interest-rate-to-18/
2. Investment firm acquires controlling stake in Infrastructure Bank
An investment firm, Norrenberger group, has taken over a controlling equity stake of 60 per cent in The Infrastructure Bank.. Read more
Source: https://punchng.com/investment-firm-acquires-controlling-stake-in-infrastructure-bank/
3. N1trn Debt Payment, Gas Supply, Others Top Gencos’ Agenda for Incoming Govt
Power Generation Companies (Gencos) have listed some issues affecting operators and investors in the Nigerian Electricity Supply Industry (NESI), which they want the next president to pay priority attention to.. Read more
4. Nigeria’s Oil Rigs Count Stagnates, Despite February Crude Production Growth
Despite adding about 48,000 barrels per day in February, Nigeria’s oil rigs count stagnated at 13 during the month, THISDAY analysis of the latest data released by the Organisation of Petroleum Exporting Countries (OPEC) has revealed.. Read more
5. Africa accounts for 55% of world’s poor – ECA
The Chief Economist at the Economic Commission for Africa, Hanan Morsy, says Africa currently accounts for more than half of the World’s poor at 54. 8 per cent.. Read more
Source: https://punchng.com/africa-accounts-for-55-of-worlds-poor-eca/
6. How to manage your budget
When the word ‘budget’ is mentioned, the first thing that comes to mind is creating a financial list for where your money should go to.. Read more
Source: https://punchng.com/how-to-manage-your-budget/
7. Universal Insurance CEO Wins Leadership Excellence Award
Managing Director/ CEO, Universal Insurance plc, Dr. Benedict Ujoatuonu, was among the eminent personalities recently decorated with Insurance Personality Leadership Excellence Award.. Read more
8. Shell Reports Sharp Fall in Nigeria Oil Spills After Shutdown
Shell reported a sharp fall in oil spilled as a result of sabotage in Nigeria’s oil-rich Delta in 2022 reflecting closure of operations for six months in the wake of attacks.. Read more
9. Poultry firms may collapse before June, operators warn
The continued scarcity of the naira has crashed many poultry businesses and the industry may collapse before the incoming administration takes over the government by May ending if nothing is done to salvage the situation, operators in the sector warned on Monday… Read more
Source: https://punchng.com/poultry-firms-may-collapse-before-june-operators-warn/
10. Agric Stakeholders, Farmers’ Agenda for New Administration
In less than three months from now, a new administration would take charge of Nigeria’s economy. Agric stakeholders, in this article have unveiled a set of targets for the incoming president to latch on in order to bring about significant growth in Nigeria’s food sector.. read more
