Nairametrics

Can Dangote Sugar Refinery turn the tide and reclaim profitability by 2025? 💰🍬 Tune in to the latest episode of In Good Company as we dive deep into the sweet story of a sugar giant on the brink. Watch out for expert insights, bold predictions, and what this means for Nigeria’s economy. https://lnkd.in/d6F26CKe

FINANCIAL RESOLUTIONS FOR THE NEW YEAR 🎯 Start the year on a strong financial footing with these practical steps: 1️⃣ Create a budget to track your income and expenses. 2️⃣ Build an emergency fund with 3-6 months’ worth of living expenses. 3️⃣ Save for retirement by contributing to a retirement account. 4️⃣ Enhance your financial knowledge—read books, attend workshops, and listen to money management podcasts. 5️⃣ Tackle your debt—pay more than the minimum to clear it faster. What’s your top financial goal for the new year? Let us know in the comments! #FinancialResolutions #NewYearGoals #Budgeting #Savings #DebtFreeJourney #Nairametrics

Daily NGX Market Highlights 📊 (24th, DEC 2024) For more expert market analysis and stock insights, follow Nairametrics #NGXUpdate #StockMarketNews #FinancialUpdates #Nairametrics #StockWatch #GainersAndLosers

President Bola Tinubu has attributed cases of stampede at palliative distribution centers in Nigeria to poor planning, rather than economic hardship. Tinubu while speaking at a media chat in Lagos on Monday evening, argued that the multiple stampedes which have claimed over 60 lives were not a reflection of widespread hunger as claimed by many critics of his administration. He said there is hunger everywhere citing examples of food banks in the United States and the United Kingdom. Last week, stampedes in Oyo, Anambra, and Abuja at palliative distribution events organised by private individuals, claimed over 60 lives and left many severely injured. The first incident occurred in Ibadan, where 35 children were killed in a stampede that took place at a children’s party in the Basorun area of Oyo State on Wednesday. This was followed by another stampede on Saturday in Anambra when a crowd of people scrambled for bags of rice distributed by a philanthropist. This reportedly claimed about 20 lives. READ MORE: https://lnkd.in/d6JydP6V #nairametrics #news #finance #nigeria #economichardship #stampede #us #uk #palliative

President Bola Ahmed Tinubu has described his administration’s decision to raise the national minimum wage from ₦35,000 to ₦70,000 as a critical step in the fight against corruption. Speaking during his first presidential media chat on Monday, Tinubu explained that paying workers a living wage is a practical mechanism to deter corruption. “There are so many anti-corruption mechanisms that you can put in place that will help people not to be corrupt,” Tinubu stated. “Pay them good and living wages. I have moved from ₦35,000 to ₦70,000. To me, that is anti-corruption.” The President emphasized that providing adequate compensation to workers reduces the temptation to engage in unethical practices, thereby fostering integrity in both public and private sectors. Some Tinubu’s critics have maintained his administration has been lax in the fight against corruption. READ MORE: https://lnkd.in/d8rsCjnn #nairametrics #news #finance #nigeria #minimumwage #renewedhope #corruption

Global oil prices edged higher on Tuesday, recovering from the previous session’s losses, as a slightly optimistic market outlook provided a lift despite light trading ahead of the Christmas holiday. Brent crude futures gained 42 cents, from $72.63 or 0.6%, to settle at $73.05 a barrel, while U.S. West Texas Intermediate (WTI) crude futures rose by 38 cents, or 0.6%, reaching $69.62 a barrel as of 0742 GMT, Reuters reported. Analysts at FGE noted that benchmark prices are likely to remain stable around current levels in the short term due to reduced trading activity during the holiday season. https://lnkd.in/dAkvscvz

Daily Currency exchange rates update TUESDAY, 24TH, DECEMBER 2024.

Cancer care is becoming more tailored to individual needs, and it has continued to present a major health challenge in Nigeria with 127,763 new cases and 79,542 deaths, according to statistics by the World Health Organization (WHO)’s cancer agency, the International Agency for Research on Cancer (IARC). The five-year prevalent cases reached 269,109, showing the ongoing impact of the disease. Key challenges include inadequate healthcare infrastructure, limited access to specialized treatments, high costs, and workforce shortages. Addressing these gaps involves scaling up cancer treatment in Nigeria. Nairametrics had a candid discussion with Professor Francis Abayomi Durosinmi-Etti, a Clinical and Radiation Oncologist and the Chairman of Radiology and Nuclear Medicine Consult Nigeria Limited (RANMED), where he explored the concerning rise in cancer cases across Nigeria. Click the link below to read Nairametrics' Conversation with Prof. Francis Abayomi Durosinmi-Etti https://lnkd.in/dRdGE-ks

Are the banks behind this POS economy? Or this is financial inclusion 👀 Watch our latest episode of drinks and mics …. Click the Link below https://lnkd.in/dq7VHmzP #nairametrics #news #drinks&mic #videoalert #finance #nigeria #bank #cbn #pos #financialinclusion

No regret removing fuel subsidy, says President Tinubu President Bola Ahmed Tinubu has reaffirmed his administration’s stance on the removal of fuel subsidies, describing the decision as a necessary and forward-looking policy to safeguard Nigeria’s economic future. Speaking during his first presidential media chat on Monday night, Tinubu maintained that he has no regrets about taking the bold step, despite the controversies and challenges it has generated. “I have no regret removing the subsidy. Not just for us but for our children. Where is the inheritance?” Tinubu stated, emphasizing the long-term benefits of the policy over immediate relief. Read More 👇 https://lnkd.in/deajFmEC