Home Financial Top Business & Finance News Headlines For Today, Friday , 21st April, 2023

Top Business & Finance News Headlines For Today, Friday , 21st April, 2023

by Tolulope Akinruli

Top 10:

1. France extends electricity subsidies to 2025

According to an entrepreneurng report, the French government will continue subsidising electricity bills into 2025 as prices suffer from Russia’s invasion of Ukraine, and part of the country’s nuclear reactor fleet remaining offline, the finance minister said Friday… Read more

Source: https://punchng.com/france-extends-electricity-subsidies-to-2025/

2. Oil firms selling assets to escape justice, accountability – Niger Delta group

A Non-Governmental Organisation under the aegis of We the People has faulted the rush by oil companies to divest their onshore oil and gas assets, describing it as a ‘criminal flight’ to abdicate responsibility for several years of poisoning the environment and the people… Read more

Source: https://punchng.com/oil-firms-selling-assets-to-escape-justice-accountability-niger-delta-group/

3. Poultry farmers seek FG’s intervention to save industry

The Poultry Association of Nigeria, South-West Zone, has appealed to the Federal Government, Central Bank of Nigeria and other developmental agencies to save the industry from total collapse… Read more

Source: https://punchng.com/poultry-farmers-seek-fgs-intervention-to-save-industry/

4. Nigeria can earn N1tn from mushroom

A mushroom plant scientist, Prof. Sami Ayodele, has urged the Federal Government to create an opportunity for farmers to embrace mushroom cultivation to serve as alternative means of farming and income generation for the country… Read more

Source: https://punchng.com/nigeria-can-earn-n1tn-from-mushrooms-annually-don/

5. NBS to release new unemployment figures May

The National Bureau of Statistics has said it will release new unemployment and employment figures for the country by May 2023. It disclosed this in a report titled ‘Nigeria Labour Force Framework Re-design 2023’… Read more

Source: https://punchng.com/nbs-to-release-new-unemployment-figures-may/

6. Forex scarcity, energy costs, others hurting manufacturers — LCCI

The Lagos Chamber of Commerce and Industry has said that growth in manufacturing remained subdued due to high inflation, continuous rise in interest rates, forex scarcity, high energy cost, and weakening purchasing power… Read more

Source: https://punchng.com/forex-scarcity-energy-costs-others-hurting-manufacturers-lcci/

7. NEPC trains Plateau coffee farmers in export

In an effort to improve the production and exportation of coffee, the Nigerian Export Promotion Council has trained around 200 coffee farmers in Plateau State… Read more

Source: https://punchng.com/nepc-trains-plateau-coffee-farmers-in-export/

8. CBN dormant account policy triggers anxiety in banking sector

Banks and their customers have raised concerns over the Central Bank of Nigeria’s proposed plan to mop up funds from dormant accounts. While the proposal is not new, stakeholders argue that it could potentially have unintended consequences on the banking sector, reports Oluwakemi Abimbola… Read more

Source: https://punchng.com/cbn-dormant-account-policy-triggers-anxiety-in-banking-sector/

9. Pharmaceutical firm promotes school sports

Dexa Medica, an Indonesian pharmaceutical company, has stated that it will sponsor the inter-house sports competitions of three Nigerian schools… Read more

Source: https://punchng.com/pharmaceutical-firm-promotes-school-sports/

10. Shareholder groups advise Otedola on Transcorp stake acquisition

Some shareholder groups have hailed the acquisition of a 5.52 per cent stake in Transcorp Corporation Plc by billionaire businessman, Femi Otedola. They also advised the business mogul to work with the existing shareholders to move the conglomerate forward… Read more

Source: https://punchng.com/shareholder-groups-advise-otedola-on-transcorp-stake-acquisition/

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