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

by Ikenna Ngere
November 28, 2023
in Business News, Financial, News
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Key Business Stories to Watch This Week: MPC Meeting, ATM Fee Hikes, Nigeria Hits OPEC’s 1.5M BPD Oil Production and More
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1. Flight diversion: NCAA may suspend United Nigeria Airlines leased planes

The Nigeria Civil Aviation Authority has begun an investigation into the circumstances surrounding United Nigeria Abuja-bound flight which was diverted to the Asaba International Airport… Read more

Source: https://punchng.com/flight-diversion-ncaa-may-suspend-united-nigeria-airlines-leased-planes/

2. It’s wrong for Nigeria to export crude and not supply Dangote refinery — Rewane

Prominent economist Bismarck Rewane said it is wrong for Nigeria to export crude on forward contract and not supply Dangote refinery… Read more

Source: https://www.vanguardngr.com/2023/11/its-wrong-for-nigeria-to-export-crude-and-not-supply-dangote-refinery-rewane/amp/

3. Fintech, partners eye acquisition of Union Bank’s loans

A German-Nigerian fintech firm, BFREE, and some of its international financing partners have revealed the possibility of acquiring some of the distressed loan portfolios of Union Bank of Nigeria… Read more

Source: https://punchng.com/fintech-partners-eye-acquisition-of-union-banks-loans/

4. NGO seeks government support to drive road safety

The Automobiles and Road Safety Initiative on Monday called on the Federal Road Safety Corps to extend support for its mission of ensuring safety on Nigerian roads… Read more

Source: https://punchng.com/ngo-seeks-government-support-to-drive-road-safety/

5. CIS, stakeholders seek to boost economy

The President of the Chartered Institute of Stockbrokers, Oluwole Adeosun, and other stakeholders in the economy have suggested that the deployment of Public-Private Partnerships model and increasing revenue from tax, as well as the provision of liquidity, will enhance the growth and development of the Nigerian Gross Domestic Product… Read more

Source: https://punchng.com/cis-stakeholders-seek-to-boost-economy/

6. LFZ attracts Nordic Investors to Nigeria

The Lagos Free Zone, a subsidiary of Tolaram, says it has attracted investors from the Nordic countries to boost foreign direct investment into the country… Read more

Source: https://punchng.com/lfz-attracts-nordic-investors-to-nigeria/

7. Accion MfB, Justrite launch credit purchase for customers

Accion Microfinance Bank and Justrite Superstore, an e-commerce firm, are partnering to enable customers to purchase goods from the store and pay back later… Read more

Source: https://punchng.com/accion-mfb-justrite-launch-credit-purchase-for-customers/

8. Ogun, aviation ministry discuss agro-cargo airport concession

The Ogun State Government, Federal Ministry of Aviation, and other stakeholders will, this week, meet on the planned concession of the Gateway Agro-Cargo International Airport… Read more

Source: https://punchng.com/ogun-aviation-ministry-discuss-agro-cargo-airport-concession/

9. NGX cap drops by N132bn as Union Bank delists shares 

The delisting of the shares of Union Bank of Nigeria from the Official Daily List of the Nigerian Exchange Limited, on Monday, resulted in a N132bn loss from the market capitalisation… Read more

Source: https://punchng.com/ngx-cap-drops-by-n132bn-as-union-bank-delists-shares/

10. Zenith Bank signs MoU to establish subsidiary in France 

Zenith Bank Plc has signed a Memorandum of Understanding with the French Government to establish a subsidiary in France… Read more

Source: https://punchng.com/zenith-bank-signs-mou-to-establish-subsidiary-in-france/

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