Sunday, January 29, 2023
CEM REPORT | The Federal Government has deployed an initiative to make health care available to the vulnerable Nigeria in the country. Funds to finance the free healthcare for the Vulnerable Group in Nigeria through the initiative would be sourced from telecommunication companies. This is according to the National Health Insurance...
CEM REPORT | The 57th President of the Institute of Chartered Accountants of Nigeria, Mrs Comfort Olu. Eyitayo, has called on members of the Institute to stand up to their expectation by creating values for their organization in the face of financial crisis. Mrs Comfort Olu Eyitayo made this call...
CEM REPORT | TotalEnergies SE, has advanced the Sale of its Stake in the Nigerian Petroleum Industry. The French Firm has launched the sale of its 10% stake in Nigerian joint venture SPDC and appointed Canada's Scotiabank to lead the sale as financial adviser, Reuters have reported citing a sale...
CEM REPORT | The Chief Executive Officer, Nigerian Breweries (NB) Plc, Mr Hans Essaadi, said that Nigerian beer market fundamental remained strong with a high growth potential in spite of the foreign exchange challenges, News Agency of Nigeria has published Speaking at the company’s pre- Annual General Meeting (AGM) media...
CEM REPORT | President of Premium Bread Makers Association of Nigeria, Emmanuel Onuorah while speaking with Daily Trust in Lagos Thursday, urged the government to reverse the price of diesel or face a shutdown. Onuorah said all their machines such as the mixer, oven and other machines are powered by...
CEM REPORT | The Central Bank of Nigeria has issued Switching and Processing license in principle to AppZone. AppZone, while making the announcement stated that the license will enable it further expand its transaction switching and processing services currently offered to banks and fintech’s through its blockchain-based payment network, Speaking about...
The Chartered Institute of Stockbrokers, CIS and Association of Enterprise Risk Management Professionals, AERMP recently signed MOU on JOINT CERTIFICATION in ENTERPRISE RISK MANAGEMENT & COMPLIANCE, training & other capacity building initiatives. This is as contained in the AERMP weekly newsletter, Risk Alert. This collaboration indeed represents a new dawn...
CEM NEWS | The Nigeria Union of Petroleum and Natural Gas (NUPENG) workers has declared its support for the imminent industrial action by the Petroleum Tanker Drivers branch of NUPENG and announced that it had started mobilising members of the union for the sudden strike. According to Channels, NUPENG claimed...
CEM REPORT | The Nigerian Communications Commission (NCC) has stated that communication service providers shall not conduct SIM replacement for flagged Bank Verification Number (BVN) generated NIN. NCC stated this in a new comprehensive document titled, ‘Business Rules and Operational Processes for Implementation of the SIM Replacement Guidelines 2022’ NCC stated...
The aggregate Manufacturers CEO’s Confidence Index (MCCI) indicators fell to 44.4 points from 51.9 points recorded in the fourth quarter of 2019. This below 50 percent benchmark for the first quarter of 2020. This is as contained in a report made available to newsmen by the Manufacturers Association of Nigeria...