Home NewsBusiness News Top Business & Finance New Headlines For Today, Wednesday, 17th January, 2024

Top Business & Finance New Headlines For Today, Wednesday, 17th January, 2024

by Ikenna Ngere
Business Today

1. Customs sets N1.130trn revenue target for Tin-Can Command

THE Nigeria Customs Service, NCS has set N1.13 trillion as a revenue target for the Tin-can Island Port Command… Read more

SOURCE: https://www.vanguardngr.com/2024/01/customs-sets-n1-130trn-revenue-target-for-tin-can-command/amp/

2. Okitipupa Oil Palm focuses on re-engineering programme — Chairman

THE Chairman, Board of Directors Okitipupa Oil Palm (OOP Plc ), Mr Akinboye Oyewumi, has said the Board is fully focused on completing its re-engineering program which includes plantation  development and redevelopment, recapitalization program and stakeholders’ engagement in all its ramifications… Read more

SOURCE: https://www.vanguardngr.com/2024/01/okitipupa-oil-palm-focuses-on-re-engineering-programme-chairman/amp/

3. Stockbrokers’ Institute renews MoU with CISI, UK

THE Chartered Institute of Stockbrokers (CIS) has renewed its agreement with its strategic partner, the Chartered Institute for Securities & Investment in the United Kingdom through signing of Memorandum of Understanding (MoU)…Read more

SOURCE: https://www.vanguardngr.com/2024/01/stockbrokers-institute-renews-mou-with-cisi-uk/amp/

4. Investors should make projects attractive to attract funds — Report

Experts have charged African businesses to show strong capital efficiency and attractive value propositions in order to attract funds from the global financial market… Read more

SOURCE: https://www.vanguardngr.com/2024/01/investors-should-make-projects-attractive-to-attract-funds-report/amp/

5. Divestment: Shell reaches agreement to sell Nigeria’s onshore oilfields at $2.4bn

Shell, an International Oil Company, has reached an agreement to sell its Nigerian onshore subsidiary, The Shell Petroleum Development Company of Nigeria Limited (SPDC) to Renaissance at a total sum of $2.4 billion… Read more

SOURCE: https://www.vanguardngr.com/2024/01/divestment-shell-reaches-agreement-to-sell-nigerias-onshore-oilfields-at-2-4bn/amp/

6. N’Assembly raises works ministry budget to over N1tn

The National Assembly has raised budgetary allocation to the Ministry of Works from N657.3bn in the proposed budget to N1.03tn… Read more

SOURCE: https://punchng.com/nassembly-raises-works-ministry-budget-to-over-n1tn/?amp

7. NIDF posts N20bn profit

The Profit after tax of Chapel Hill Denham managed Nigeria Infrastructure Debt Fund grew by 97.99 per cent to N20.380bn at the end of 2023 from N10.293bn in 2022… Read more

SOURCE: https://punchng.com/nidf-posts-n20bn-profit/?amp

8. Demand for air travel surges by 22% – IATA

African airlines recorded a 22.1 per cent increase in Revenue Passenger Kilometers for November 2023 compared to the same period the previous year, according to data released by the International Air Transport Association… Read more

SOURCE: https://punchng.com/demand-for-air-travel-surges-by-22-iata/?amp

9. Customs set for salary review – CGC

The Comptroller General of the Nigeria Customs Service, Adewale Adeniyi, on Tuesday, said that the service was due for a salary review… Read more

SOURCE: https://punchng.com/customs-set-for-salary-review-cgc/?amp

10. Emirates to recruit 5,000 cabin crews

Emirates Airlines disclosed that it would be employing an additional 5,000 cabin crew members for its new fleet of Airbus A350s in 2024… Read more

SOURCE: https://punchng.com/emirates-to-recruit-5000-cabin-crews/?amp

 

 

 

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