Home NewsBusiness News Top Business & Finance News Headlines For Today, Tuesday, 28th March, 2023

Top Business & Finance News Headlines For Today, Tuesday, 28th March, 2023

by Ikenna Ngere

1. Rivers: Customs rake in N54.9bn in three months

The Nigeria Customs Service, Area 2 Command in Onne, Rivers State said it generated a total sum of N54, 992, 123, 687.15 billion revenue between January and March, 2023… Read more

Source: https://punchng.com/rivers-customs-rake-in-n54-9bn-in-three-months/

2. NNPC Releases Additional 418m Litres of Petrol in Seven Days

The Nigerian National Petroleum Company Limited (NNPC) released 418 million litres of petrol between March 18 and 24, new data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has indicated.. read more

Source: https://www.thisdaylive.com/index.php/2023/03/28/nnpc-releases-additional-418m-litres-of-petrol-in-seven-days-3/

3. Agency ready for food business operations in Kano

The Nigerian Council of Food Science and Technology on Tuesday in Kano State commenced the process of sensitizing stakeholders to the necessity of processing and packaging agricultural products to conform to global standards.. Read more

Source: https://punchng.com/agency-ready-for-food-business-operations-in-kano/

4. Rector Cares Foundation Charges Government on Clean Water Accessibility

As the nation observed the World Water Day recently, Rector Cares Foundation, a non-profit organisation whose goal is to provide water to rural communities in Nigeria, has urged the government to prioritise making clean water accessible to every citizen.. Read more

Source: https://www.thisdaylive.com/index.php/2023/03/28/rector-cares-foundation-charges-government-on-clean-water-accessibility/

4. Dangote Cement to pay N340 dividend to shareholders

Dangote Cement Plc has revealed that its shareholders will receive about N340 billion dividend for the financial year 2022.. Read more

Source: https://www.vanguardngr.com/2023/03/dangote-cement-to-pay-n340-dividend-to-shareholders/amp/

5. Access Bank Holdings gets regulatory approval on Zambian bank acquisition

Access Holdings Plc has announced that Access Bank Zambia Limited, a subsidiary of its flagship subsidiary, Access Bank Limited, has received final regulatory approval from the Central Bank of Zambia for the acquisition of African Banking Corporation Zambia Limited.. Read more

Source: https://www.vanguardngr.com/2023/03/access-bank-holdings-gets-regulatory-approval-on-zambian-bank-acquisition/amp/

6. Commodity terms of trade falls 0.55 basis point

The National Bureau of Statistics (NBS) said that all commodity terms of trade (ToT) fell by 0.55 basis points in the fourth quarter of 2022 (Q4’22).. Read more

Source: https://www.vanguardngr.com/2023/03/commodity-terms-of-trade-falls-0-55-basis-point/amp/

7. Poor corporate governance worsens small business woes

In Nigeria, the business environment is usually challenging. It is even worse for small businesses that have barely survived their first five years of operations.. Read more

Source: https://punchng.com/poor-corporate-governance-worsens-small-business-woes/

8. Cash rationing persists amidst improved supply to banks

Banks yesterday continued to ration cash withdrawal even as supply from the Central Bank of Nigeria, CBN, improved by over 1000 per cent last weekend… Read more

Source: https://www.vanguardngr.com/2023/03/cash-rationing-persists-amidst-improved-supply-to-banks/amp/

9. Nigerians in Diaspora worry hardship may reduce remittances – Report

Nigerians in Diaspora cannot currently transfer a lot of funds home because of a harsh global economic condition, a report from Western Union has revealed.. Read more

Source: https://punchng.com/nigerians-in-diaspora-worry-hardship-may-reduce-remittances-report/

10. Court set to rule on suspended Seplat CEO’s suit

A Federal Court of Appeal, sitting in Lagos, has set March 30, 2023 as the date to rule on the application seeking to set aside the interim ex-parte order previously made by the court, stopping Mr Roger Brown, from parading himself as the Chief Executive Officer of Seplat Energy Plc… Read more

Source: https://punchng.com/court-set-to-rule-on-suspended-seplat-ceos-suit/

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