Thursday, November 24, 2022
CEM REPORT, ADMINISTRATION |  The Independent National Electoral Commission (INEC) has been ordered by a Federal High Court sitting in Abuja to resume the continuous voter registration (CVR) exercise.  Justice Inyang Ekwo ruling on the case on Tuesday held that the constitution provides for 90 days before the election before...
CEM REPORT, FINANCE | The Central Bank of Nigeria (CBN) has been advised to halt further intervention in the private sector. The International Monetary Fund (IMF) in a statement published recently recommended policies which it claims are measures that will effectively tighten the monetary policy stance of the nation. Similarly, the...
CEM REPORT, ECONOMY | Nigeria’s projected GDP growth for 2022 has been lowered by 0.4% to 3% by the International Monetary Fund (IMF). IMF revised its earlier projection from 3.4% as a result of Nigeria’s inab6to meet its oil production obligations and the recent flooding which has affected agriculture production. A...
CEM REPORT, ENTREPRENEURSHIP | Priscilla Asonibare, CEO and Founder of Creatives Auction has emerged the N1 million first price winner of the 2022 edition of the GEN Nigeria Creative Business Cup. She will proceed to Denmark next year to represent Nigeria at the global level of the competition She emerged...
CEM REPORT, SERVICES | An immediate gain and a sharp reduction in unemployment amongst affordable services to the poor will be bestowed if Nigeria develops its sanitation economy. According to United Nations Executive Director of the Sanitation and Hygiene Fund (SHF), Dominic O’Neill, developing the sanitation economy will have multiple...
CEM REPORT, SPORTS | The Federation of the International Football Association (FIFA) has said the sale or consumption of alcoholic beer would not be allowed at Qatar’s World Cup stadiums. The world football governing body in a statement on Friday said, the sale of alcoholic beverages at the FIFA Fan...
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 | The Debt Management Office (DMO) raised a sum of N269.15 billion from its November 2022 FGN Savings Bond issuance. The Savings Bond which was issued across three tranches, saw a total subscription of N344.01 billion as against the initial offer of N225 billion, representing a subscription...
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, AGRICULTURE | To further boost rice production in the country the Federal Government in collaboration with the International Fund for Agricultural Development-Value Chain Development Programme (IFAD-VCDP), has distributed rice farm inputs worth more than N25m to farmers in Enugu. This is as the state received additional 43 hectares...