Home NewsBusiness News Top Business & Finance News Headlines For Today, Monday, 12th February, 2024

Top Business & Finance News Headlines For Today, Monday, 12th February, 2024

by Ikenna Ngere
Business Today

1. Nigeria facing worsening economic crisis, says IMF

The International Monetary Fund has said stalled per-capita growth, poverty and high food insecurity have exacerbated the ongoing cost-of-living crisis in Nigeria… Read more

Source: https://punchng.com/nigeria-facing-worsening-economic-crisis-says-imf/?amp

2. NAFDAC, MAN disagree over sachet alcohol ban

The Manufacturers Association of Nigeria has countered claims by the National Agency for Food and Drug Administration and Control that the recent implementation of the ban on sachet alcoholic drinks was a collective decision… Read more

Source: https://punchng.com/nafdac-man-disagree-over-sachet-alcohol-ban/?amp

3. Equity market sheds N1tn amid sell-offs

Equity market investors lost about N1.42tn in one week, on the back of waning sentiments and sell-offs, particularly by institutional investors… Read more

Source: https://punchng.com/equity-market-sheds-n1tn-amid-sell-offs/?amp

4. FMBN strengthens operations to meet housing demands

The Federal Mortgage Bank of Nigeria has expressed its readiness to revamp and transform its operational activities to meet the housing demands of Nigerians… Read more

Source: https://punchng.com/fmbn-strengthens-operations-to-meet-housing-demands/?amp

5. Real estate firm trains 350 youths

A real estate firm, Adozilion Homes and Realty, has trained 350 young men and women in real estate entrepreneurship… Read more

Source: https://punchng.com/real-estate-firm-trains-350-youths/?amp

6. CIS marks 30th anniversary with book presentation

The Chartered Institute of Stockbrokers has launched a book and a documentary on the capital market to mark its 30th anniversary… Read more

Source: https://punchng.com/cis-marks-30th-anniversary-with-book-presentation/?amp

7. Politicians weakening town planning laws, say operator

Operators in the built industry have voiced their discontent over how politicians are negatively impacting town planning laws… Read more

Source: https://punchng.com/politicians-weakening-town-planning-laws-say-operators/?amp

8. FG eyes 1million housing jobs in two years

The Federal Government is aiming to create 1.2 million jobs for through the construction of 3,112 housing units under the Renewed Hope Initiative… Read more

Source: https://punchng.com/fg-eyes-1million-housing-jobs-in-two-years/?amp

9. FTN Cocoa earned zero revenue in 2023

One of Nigeria’s oldest cocoa companies, FTN Cocoa Processors, recorded zero earnings in 2023 due to its inability to engage in production because of working capital adequacy concerns… Read more

Source: https://punchng.com/ftn-cocoa-earned-zero-revenue-in-2023/?amp

10. Tame inflation, Senate committee tells CBN

Senate Committee on Banking, Insurance & other Financial Institutions has urged the Central Bank of Nigeria to tame inflation in the country… Read more

Source: https://punchng.com/tame-inflation-senate-committee-tells-cbn/?amp

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