Friday, November 25, 2022
CEM REPORT, RETAIL | SPAR has been ordered to cease all activities related to its proposed Black Friday sales. An interim order issue against the retail company restrains it from holding its SPAR Black Friday sales scheduled to hold from the 18th to the 27th of November in Port Harcourt. The...
CEM REPORT, FINANCE | Loan Apps in Nigeria are now required to present licensing documents before they can be hosted on Google Play Store. According to Google’s new policy guideline apps that offer loans directly and those that connect consumers with third-party lenders who do not possess or present relevant...
CEM REPORT, FINANCE | The Annual Bankers Dinner of the Chartered Institute of Bankers of Nigeria, (CIBN) will hold on Friday, November 25, 2022 at Eko Hotels & Suites, Victoria Island, Lagos from 5.00 p.m. Christened ‘’The CBN Governors Day’’ the event provides the Governor of Central Bank of Nigeria,...
CEM REPORT, AGRICULTURE | A Memorandum of Understanding (MoU) that will facilitate the processing and sale of rice domestically and abroad have been signed between the Rice Farmers Association of Nigeria (RIFAN) and the Tiamin Rice Company. The MoU which will be operational for two years will see the cultivation...
CEM REPORT, FINANCE | Following a covert operation, a fake dollar syndicate has been apprehended in the Karu Local Government Area of Nasarawa State. The syndicate which is believed to be in operation for years before their apprehension specialises in the printing, sales and distribution of fake United States Dollar...
CEM REPORT, FINANCE | The fear of uncertainty in the parallel market has driven Bureau de change operators in Adamawa State to reject foreign currencies from customers This is as operators say they were apprehensive over the sudden and continued crash of the dollar which destabilized the parallel market. According to...
CEM REPORT, MEDIA | Newspaper vendors in Anambra State are protesting the alleged of displaying paper in public places. The vendors said the ban was an infringement on citizens’ rights to freedom of the press. According to reports by Daily Trust, government agents have been sending vendors off newsstands, urging them...
CEM REPORT,  HEALTH | Ten days after been declared wanted, operatives of the National Drug Law Enforcement Agency (NDLEA) have successfully apprehended Alhaji Ademola Afolabi Kazeem (a.k.a Alhaji Abdallah Kazeem Muhammed) over offences bordering on exportation and trafficking of illicit drugs as well as money laundering. NDLEA Director of Media...
CEM REPORT, FINANCE | Nigeria is expected to take the lead as smartphone usage has been identified as a key propellant in the adoption of Fintech. This is as Fintech revenue growth is projected to grow to about $40 billion by 2025. Smartphone adoption is projected to rise to 75% in...
CEM REPORT, FINANCE | To checkmate the activities of online financial loan companies that are currently defrauding vulnerable Nigerians the National Data Protection Bureau (NDPB) has disclosed that working with several agencies of government has launched an investigation into their activities. The investigation is aimed at finding out their mode...