In this edition of the “Brief” Nigeria today marks 23 years of Democratic rule, since its return to the fourth republic in 1999.
The country has witnessed significant economic reforms, that has transformed the banking sector, pension industry, telecommunications, oil and gas amongst other sectors.
There is still need for strong institutions, inclusive economic development, fiscal restructuring, a strategic security architecture and a sustained focus on alleviating poverty and achieving an enabling business environment.
For the events to watch this week:
1.Africa CEO Forum June 13th, 2022
2.KPMG Social Media Tax Chat June 14th, 2022
3.Cadbury Plc AGM June 15th, 2022
4.Transnation-Wide Express Plc AGM June 15th, 2022
5.Dangote Sugar Refinery Plc AGM June 15th, 2022
6.AFREXIM Annual Meeting June 15th, 2022
7.IOD Nigeria 2022 Fellows Luncheon June 16th, 2022
8.Sterling Bank Plc AGM June 16th, 2022
For the economic and financial market events from last week:
1.According to DMO Nigeria’s Total Debt Stock hit N41.60trn
2.According to NBS, Nigeria’s FDI slumped by -56.74% to $155m in Q1 2022.
3.World Bank revised global growth to 2.9%
5.NGX ASI Week-on-Week recorded a +0.55% gain