Business

AMCOSS, PEDI partner for 3-day management training

Published

2 weeks ago

June 18, 2024

A leading personnel consultancy, AMCOSS, is organizing “a 3-day leadership and management development retreat” for PEDI management staff.

The retreat which is scheduled to hold between Thursday 20th June and Saturday 22nd June 2024, will feature trending, emerging and solution-focused presentations, as well as interactive sessions by the participants.

The programmes of the event lined up are as follows:

Opening day, June 20 will start by 9:00am, and by 10:00am, the Managing Director/CEO will give a welcome address, which will be followed by a brief remark from the Managing Director of PEDI, Ilesa. An highlight of the event is a guided tour of places of historical importance in Ilorin.

By 2:30pm, there will be a presentations titled “Effective Leadership and Leadership Skills”, followed by the interactive session of questions and answers.

There will be three presentations on the second day June 21, tagged: “Managerial Skills and Personal Effectiveness”; Performance Management System” and “Health and Well-being”.

Likewise on the last day of the programmes, there will be two presentations: “Team Building and Effective Communication” and “Organisational Continuity, Sustainability and Succession Planning”.

The training starts each day by 9am, with provision for interactive sessions after each presentation and lecture, tea break/lunch, and ends approximately 4:30pm.

Business

Naira falls to 1520 to a dollar in parallel market

Published

2 days ago

June 28, 2024

Olakunle Adeniyi

Last Updated on June 28, 2024 by Fellow Press

The Naira yesterday depreciated in the parallel market to N1,520 per dollar from N1,510 per dollar on Wednesday. Similarly, the Naira depreciated to N1,510.1 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM.

Data from FMDQ showed that the indicative exchange rate for NAFEM rose to N1,510.1 per dollar from N1,507.83 per dollar on Wednesday, indicating N2.27 depreciation for the naira. The volume of dollars traded (turnover) in the market rose by 62.8 percent to $287.21 million from $176.39 million traded Wednesday.

Consequently, the margin between the parallel market and NAFEM rates widened to N10 per dollar from N2.17 per dollar on Wednesday.

Business

Nigeria’s public debt stock increases to N121.67trn in Q1 2024 – NBS

Published

5 days ago

June 25, 2024

Olakunle Adeniyi

Last Updated on June 25, 2024 by Fellow Press

Nigeria’s public debt stock increased from N97.34 trillion (108.23 billion dollars) in the fourth quarter of 2023 to N121.67 trillion (91.46 billion dollars ) in the first quarter of 2024.

The National Bureau of Statistics (NBS) said this on Tuesday in its Nigerian Domestic and Foreign Debt Report for Q1 2024 released in Abuja.

The report said Nigeria’s public debt stock, which included external and domestic debts, grew by 24.99 per cent on a quarter-on-quarter basis.

It said that External debt stood at N56.02 trillion (42.12 billion dollars) in Q1 2024, while domestic debt was N65.65 trillion (49.35 billion dollars).

“However, the share of external debt to total public debt stood at 46.05 per cent in Q1 2024, while domestic debt was recorded at 53.95 per cent.’’

In a breakdown by states, the bureau said that Lagos State recorded the highest domestic debt of N929.41 billion in Q1 2024, followed by Delta with N334.90 billion.

The report showed Jigawa recorded the lowest domestic debt at N2.07 billion, followed by Ondo at N16.40 billion.