Sunday, September 25, 2022
CEM Report: The total assets under the Contributory Pension Scheme rose to N10.5tn between December 2019 and February 2020. This is according to the figures published on Tuesday by the National Pension Commission in their monthly report for the month of February. The report revealed that the funds grew by N289billion from...
Dr Olawale Anifowose is the General Manager, Programs and Partnerships with the Enterprise Development Centre of the Pan Atlantic University, Managing Director of Global Entrepreneurship Network (GEN) Nigeria and a member of the Executive Committee for GEN Africa and member of the executive advisory board for Nigeria Climate Innovation...
CEM Report, Lagos The Central Bank of Nigeria has disbursed the sum of N4.1billion to 5,868 successful beneficiaries out of the approved N10.9 billion to 14,331 beneficiaries under the N50 billion Targeted Credit Facility for households and SME's. The Apex Bank made this known in the communique released after the Monetary...
The Monetary Policy Committee (MPC) met on the 23rd and 24th March 2020, amidst heightened uncertainty in the global macroeconomic environment arising from major disruptions associated with the outbreak of the Coronavirus Disease (COVID-19) and the oil price war between Saudi Arabia and Russia. The Committee assessed the developments...
The Nigerian crude to the international market, Bonny Light has climb to a price of 62.71dpb as it currently sell since Tuesday November 5. This the highest in a thirty days roll staggering from all month low of 57.73dpb on Monday October 21 to 62.54dpb  Monday November 4 before...
CEM REPORT | The Eko Electricity Distribution Company has released a notice of a planned power outages in some parts of Lagos State for maintenance purposes, from 7th to 13th March 2022. The notice which was published on the company twitter handle reads: This is to notify you of a planned...
CEM Report, Lagos The N-Power 2020 recruitment portal re-open by 11.50 pm Friday, June 26, 2020. The portal became accessible as earlier announced by the government. The Federal Government had announced the reopening of the application portal of its social investment scheme, N-Power, for fresh registration of the June 2020 Batch...
CEM Report, Lagos As at March 31, 2020, the Total Borrowing by Nigeria from China was USD3.121 billion (N1,126.68 billion at USD/N361). This amount represents only 3.94% of Nigeria’s Total Public Debt of USD79.303 billion (N28.628 trillion at USD/N361). Nigerian Debt Management Office made the submission in a press release Thursday. DMO...
CEM REPORT Nigeria imported a total of 27.81bn litres of petroleum products into the country in 2019. Nigerian Bureau of Statistics stated this in the petroleum product import and consumption Statistics released Wednesday. A breakdown of the Petroleum  Products  Importation  Statistics  for  the full  year  2019  reflected  that  20.89bn litres  of...
CEM Insight, Lagos On Friday, May 29, Electricity distribution companies dragged the Federal Government to court to restrain it from further interfering in the corporate business activities of the power firms, as published by Punch Newspaper. According to the report, the firms claim the government, through the Nigerian Electricity Regulatory Commission...