Listed below are the seven prime enterprise information it’s worthwhile to observe this week — September 5 to September 10
NIGERIA’S FIRST VIRTUAL FREE ZONE
The Nigeria Export Processing Zones Authority (NEPZA) says it’s looking for a partnership with Binance and Expertise Metropolis for Nigeria to harbour the primary Digital Free Zone in West Africa.
Adesoji Adesugba, NEPZA’s managing director, mentioned this on Friday in Dubai, United Arab Emirates, after conferences with officers of the 2 corporations.
Adesugba mentioned the partnership could be much like the Dubai Digital Free Zone.
If lastly sealed, the zone will probably be Nigeria’s first international metropolis for commerce in digital commerce by way of the digital financial system in blockchains.
OPEC+ MEETS ON OUTPUT POLICY
The Organisation of Petroleum Exporting Nations and its allies, often called OPEC+, is to carry its thirty second ministerial digital assembly on September 5 to debate its oil output coverage.
On the final assembly in August, the oil cartel added a minuscule 100,000 bpd to the market in September, citing low funding within the international oil sector, and unavailability of extra capability, amongst others.
Oil costs climbed two p.c on Friday on expectations that OPEC+ will reduce manufacturing.
AFRICA GREEN REVOLUTION FORUM (AGRF) 2022 SUMMIT
AGRF will host its twelfth annual summit from September 5 to September 9, 2022, in Kigali, Rwanda.
The summit will host leaders from governments, companies, civil society, and worldwide organisations alongside innovators, financiers, specialists, scientists, and entrepreneurs.
NBS TO RELEASE REPORTS ON FOREIGN TRADE STATISTICS, OIL AND GAS PRODUCTION
The Nationwide Bureau of Statistics (NBS) will launch a report on the Federation Account Allocation Committee (FAAC)’s June 2022 disbursement.
The Bureau may even launch a report on 2021 immigration knowledge in addition to pension asset and membership knowledge for the primary quarter of 2022.
Others embody a report on Nigerian gross home product (expenditure and earnings strategy) 2021, chosen petroleum statistics: oil and gasoline manufacturing report (2021) and international commerce in items statistics (Q2 2022).
JULIUS BERGER TO INAUGURATE CASHEW PROCESSING PLANT
This week, Julius Berger Nigeria Plc will inaugurate its cashew processing plant.
Julius Berger mentioned the processing plant could be its first agro-processing exercise and kind the cornerstone of its diversification actions.
AFRICA ADAPTATION SUMMIT — FRIENDS OF GCA HIGH-LEVEL DIALOGUE FOR COP27
The World Middle on Adaptation, in collaboration with the African Union, African Growth Financial institution, Worldwide Financial Fund, Africa Adaptation Initiative, and the Local weather Weak Discussion board, is convening the Africa Adaptation Summit to put the muse for an adaptation breakthrough for Africa at COP27.
The summit is about to happen on September 5, 2022, within the Netherlands.
NIGERIA’S DISPUTED OIL CONSUMPTION FIGURES AND SUBSIDY PAYMENTS
Doubts proceed to mount over Nigeria’s precise crude oil consumption. Final week, the Nigerian Customs Service (NCS) faulted the claims of the state-owned oil agency over the consumption of 60 million litres of petrol day by day.
On its half, NNPC Restricted mentioned it’s prepared for a strong forensic audit of its petroleum provide and subsidy administration framework.
