Home Financial Top Business & Finance News Headlines For Today, Monday, 29th May, 2023

Top Business & Finance News Headlines For Today, Monday, 29th May, 2023

by Ikenna Ngere
Business News

1. OjaNow Launches 24/7 App for Under-30-Minute Delivery in Lagos

OjaNow, the tech solutions company behind Nigeria’s next-generation essentials delivery, has launched its innovative OjaNow App in Lagos. With the OjaNow App, residents can now get a wide range of daily essentials delivered to their doorstep 24/7, in under 30 minutes… Read more

Source: https://www.thisdaylive.com/index.php/2023/05/29/ojanow-launches-24-7-app-for-under-30-minute-delivery-in-lagos/

2. Airtel Employees Offer Students with Access to Digital Education

Employees of Airtel Nigeria, under its Corporate Social Responsibility (CSR) initiative and Employee Volunteer Scheme Initiative, paid a visit to Kuramo College, a government secondary school in Lagos, and donated modern routers, each equipped with 100GB of data and a two-month roll-over access fee… Read more

Source: https://www.thisdaylive.com/index.php/2023/05/29/airtel-employees-offer-students-with-access-to-digital-education/

3. Finance, Insurance Sectors Gain 26% YoY Growth to Boost GDP in Q1 2023

Despite Nigeria’s tough operating business environment, the finance and insurance sectors gained 26 per cent Year-on-Year (YoY) in real Gross Domestic Product (GDP) growth in the first quarter (Q1) 2023… Read more

Source: https://www.thisdaylive.com/index.php/2023/05/29/finance-insurance-sectors-gain-26-yoy-growth-to-boost-gdp-in-q1-2023/ 

4. Conoil: Operating Expenses Decline as Inflationary Pressure Drives Profit

Conoil Plc reported a marginal increase in revenue and a decline in total operating expenses that impacted positively its profits in audited financial year that ended December 31, 2022… Read more

Source: https://www.thisdaylive.com/index.php/2023/05/29/conoil-operating-expenses-decline-as-inflationary-pressure-drives-profit/

5. NAHCO Chairman Calls on FG to Release Airlines’ Trapped Funds

The Chairman of the Board of Nigerian Aviation Handling Company Plc, Dr. Seinde Fadeni, has called on the Federal Government to release funds belonging to foreign airlines trapped in the vaults of the Central Bank of Nigeria (CBN)… Read more

Source: https://www.thisdaylive.com/index.php/2023/05/29/nahco-chairman-calls-on-fg-to-release-airlines-trapped-funds/

6. CBN Vows to Promote Adoption of e-Naira, Sensitises Women on Benefits at UNILAG

The Central Bank of Nigeria (CBN) has taken the sensitisation drive of e-Naira to women during the Law Ladies Day programme at the University of Lagos (UNILAG), Yaba Lagos… Read more

Source: https://www.thisdaylive.com/index.php/2023/05/29/cbn-vows-to-promote-adoption-of-e-naira-sensitises-women-on-benefits-at-unilag/

7. Firms groan as Buhari hands over struggling economy

The current regime inherited a frail economy. Despite Nigeria’s economy growing by over six per cent in 2014, economic growth slowed to about three per cent by 2015 – reported as the lowest in the democratic era. When Buhari was elected in 2015, Nigerians remained hopeful that the bringer of change would get to work immediately in stabilising the economy while plotting for the future… Read more

Source: https://punchng.com/firms-groan-as-buhari-hands-over-struggling-economy/

8. Coy expresses commitment to CSR

Livestock Feeds Plc has donated children’s equipment and hand instrument to Orile-Agege General Hospital as part of continuing efforts to support healthy living and the realisation of Sustainable Development Goals… Read more

Source: https://punchng.com/coy-expresses-commitment-to-csr/

9. FG must invest in youth to drive growth — AfDB president

The President of the African Development Bank, Akinwumi Adesina, has urged the Federal Government needs to stop its youth empowerment programmes and invest in the youth people of the nation on a sustainable basis… Read more

Source: https://punchng.com/fg-must-invest-in-youth-to-drive-growth-afdb-president/ 

10. NGO empowers career women to re-enter workplace

CareerLife Nigeria, a renowned NGO dedicated to fostering career success, says it conducted the second cohort of its career moms mentorship programme… Read more

Source: https://punchng.com/ngo-empowers-career-women-to-re-enter-workplace/

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