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Media Highlights 23-11-2022
(Source: CardinalStone Research, Date: 23-Nov-2022)

 

Global Market News

 

UK to be the second weakest performer of world's big economies next year "" OECD "" The Guardian

The UK will be the second weakest performer of the world's big economies next year as the global economy continues to suffer the knock-on effects of the biggest energy shock in four decades, a leading international institution has warned. Click UK to be second weakest performer of world's big economies next year "" OECD | OECD | The Guardian for more.

 

Treasury Department released guidelines for Russian oil transport ahead of planned price cap "" CNBC

The Treasury Department issued new guidance on Tuesday about policies on the maritime transport of Russian oil ahead of a planned price cap in early December. Click Russian oil transport targeted due to Ukraine invasion (cnbc.com) for more.

Political News

 

At separate meetings with CAN, Atiku, Obi, and Adebayo discuss restructuring, economy, and security "" This Day

Three presidential candidates "" Atiku Abubakar of the People's Democratic Party (PDP), Peter Obi of the Labour Party (LP), and Adewole Adebayo of the Social Democratic Party (SDP) "" met yesterday in Abuja with the leadership of the Christian Association of Nigeria (CAN). The meeting discussed extensive issues, such as restructuring, the economy, and security, among others. Click At Separate Meetings with CAN, Atiku, Obi, Adebayo Discuss Restructuring, Economy, Security "" THISDAYLIVE for more.

 

Atiku, Okowa move to wade into Imo PDP Crisis "" This Day

Presidential candidate of the People's Democratic Party (PDP), Atiku Abubakar, and his running mate, Ifeanyi Okowa, have been mandated by the party leadership to wade into the crisis plaguing the Imo State chapter of the party ahead of next year's election. Click Atiku, Okowa Move to Wade into Imo PDP Crisis "" THISDAYLIVE for more.

 

Macroeconomic News

 

President to unveil new Naira banknotes today "" This Day

President Muhammadu Buhari is expected to unveil the newly redesigned N200, N500, and N1,000 banknotes at the presidential villa today, earlier than December 15, 2022, the date that was previously announced. Click President to Unveil New Naira Banknotes Today "" THISDAYLIVE for more.

 

Buhari kick-starts oil drilling in North as $3 billion Kolmani river oil wells take off "" This Day

Prominent Nigerians, including President Muhammadu Buhari, a retinue of governors from the northern region, ministers, the presidential candidate of the All Progressives Congress (APC), Bola Tinubu, and oil industry operators, yesterday, expressed optimism over the opportunities presented by the drilling of first oil in the north. Click Buhari Kick-starts Oil Drilling in North as $3bn Kolmani River Oil Wells Take Off "" THISDAYLIVE for more.

 

Nigeria, Canada push gas as transition fuel "" Leadership

With a focus on improving trade, deepening ongoing educational collaboration, and continuing dialogue on the global energy transition issues and climate change, Vice President Yemi Osinbajo, SAN, and Canadian Deputy Prime Minister, Chrystia Freeland, have agreed on the need for deepening bilateral relations between Nigeria and Canada. Click Nigeria, Canada Push Gas As Transition Fuel (leadership.ng) for more.

 

Fuel queues resurface in Lagos, marketers blame depots "" Punch

Long queues surfaced in Lagos on Tuesday as motorists spent hours at filling stations while waiting to buy the product. Click Fuel queues resurface in Lagos, marketers blame depots (punchng.com) for more.

 

BPE pre-qualifies six firms for the concessions of Calabar, Kano FTZs "" This Day

The Bureau of Public Enterprises (BPE) has pre-qualified six firms and issued them with the Request for Proposal (RFP) for the concessions of the Calabar and Kano Free Trade Zones (FTZs). Click BPE Pre-qualifies Six Firms for Concessioning of Calabar, Kano FTZs   "" THISDAYLIVE for more.

 

NPA targets full automation of ports operation by 2024 "" Guardian

The Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, has said the agency is working towards a fully automated port system, where the vehicular and human interface will be reduced by 2024. Click NPA targets full automation of ports operation by 2024 | The Guardian Nigeria News - Nigeria and World News "” Business "” The Guardian Nigeria News "" Nigeria and World News for more.

 

Lawmakers approve Buhari's request for N27.8 billion reimbursement for the debt owed Yobe, Kebbi, Taraba "" This Day

The House of Representatives at plenary, yesterday, approved President Muhammadu Buhari's request for the issuance of N27.8 billion in promissory notes to settle outstanding claims and liabilities of the Yobe, Kebbi, and Taraba states governments. Click Lawmakers Approve Buhari's Request for N27.8bn Reimbursement for Debt Owed Yobe, Kebbi, Taraba "" THISDAYLIVE for more.

 

 

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