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Nigeria in 1min: Economic, Business and Financial Headlines - 241122

Nov 24, 2022   •   by   •   Source: Proshare   •   eye-icon 324 views

PROSHARE ECONOMY

EA’s Q4 2022 One Day Conference on Nigeria’s Economic Prospect to Hold December 8th, 2022 - Participation is by prior reservation, subject to confirmation by EA. Confirmed participants will receive conference materials ahead of the day. Please complete online reservation form at www.econassociotes.com, or call Comfort 0816 S55 2681, or e-mail [email protected] for more information. Source Economic Associates Read More

Paris Club Refund: Governors Stop Deductions, Consultants Head for French Court - The Nigeria Governors Forum says it has stopped the planned payment of $418 million and the promissory notes issued to the Paris Club consultants by the Federal Ministry of Finance and the Debt Management Office. Source Punch Read More

FEC Approves Additional N14bn For Road Project in Kano — Budget Now N36bn - The federal executive council (FEC) has approved an additional N14 billion for the construction of the Kano western bypass road. Source TheCable Read More

 

PROSHARE MARKETS

Proshare, NGX and Other Key Stakeholders to discuss “Online Trading in the Age of Distributed Ledger Technology (DLT): Improving Investors Trading Experience” on November 29, 2022 - The webinar will enable stakeholders to discuss various topics around the use of technology in securities trading and how the objective of improving investors trading experience can be achieved. It would equally afford participants the opportunity to engage different stakeholders and address concerns around digital online trading. Click HERE https://bit.ly/2022OnlineTradingRankingReportWebinar to register for the event. Source Proshare Research Read More

Investors Gain N709.73bn as NGXASI Advances Further by 2.90%; Overnight Rate Closes Flat at 17.25%; BDC Depreciates to 777 - The NGX All-Share Index advanced by 2.90% to close at 46,232.37 basis points as against 0.60% gain recorded previously to close at 44,662.96 basis points at the end of the last trading session. In Naira terms, the NGX Market CAP records N709.73bn gain. YTD, the NGXASI Stands at +8.23%. Source Proshare Research Read More

 

PROSHARE REGULATORS

President Buhari Unveils Redesigned N200, N500 and N1,000 Notes - Today, President Muhammadu Buhari, GCFR, unveiled the redesigned N200, N500 and N1000 notes at the Executive Chambers of the Presidential Villa, Aso Rock, Abuja. Source WebTV Read More

 

PROSHARE BUSINESS

CEO Remuneration 2022: The Next Five Highest Salaried CEOs (Basic Perks) - Khaled El Dokani of Lafarge was the 6th highest paid CEO in 2021 with a base salary of N288.6m, cutting it close to CEO in the 5th position. Khaled El Dokani replaced Michel Purcheros as CEO in January 2020. There was a +30.46% increase in his base remuneration from N221.12m in 2020 to N288.61m in 2021. Source Proshare Research Read More

COP27: African Businesses Urged to Operate on New Strategies for Sustainable Growth - As the 27th Conference of the Parties of the United Nations Framework Convention on Climate Change (COP 27), ended on Sunday November 20 in Sharm el-Sheikh in Egypt, African business owners have been urged to leverage the opportunities offered by the conference, to operate new strategies that would drive sustainable business growth and address the effects of climate change across Africa. Source ThisDay Read More

Oil Drops as Russian Price Cap Proposal Eases Tight Supply Fears - Oil trickled down on Thursday, hovering around two-month lows, as the proposed price cap on Russian oil from Group of Seven (G7) nations was considered higher than the current trading levels, alleviating concerns over tight supply. Source Reuters Read More

How to Implement Successful Learning Initiatives in your Organisation - One of the most pressing issues for Learning Professionals is securing executive commitment to investing in learning and development initiatives. People are every organisation’s most important asset and investing in them significantly increases the likelihood of business success, giving the organisation a competitive edge in its industry. Source Phillips Consulting Read More

 

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