Home Financial Top Business & Finance News Headlines For Today, Sunday, 2nd April, 2023

Top Business & Finance News Headlines For Today, Sunday, 2nd April, 2023

by Tolulope Akinruli

Top 10:

1. Lagos, Delta top states’ N5.33tn domestic debts

The domestic debt owed by state governments and the Federal Capital Territory administration rose to N5.33tn as of the end of December 2022… Read more

Source: https://punchng.com/lagos-delta-top-states-n5-33tn-domestic-debts/

2. Lafarge, MTN, six others vote N744bn dividends

Some investors in the Nigerian Exchange Limited are due to receive over N744bn in dividend as announced by at least eight listed companies… Read more

Source: https://punchng.com/lafarge-mtn-six-others-vote-n744bn-dividends/

3. Nigeria to save $1.3bn eliminating fake products – UN

Nigeria is going to save about $1.3bn annually by stopping the use of air conditioners and refrigerators with energy efficiency ratios that are below globally acceptable Minimum Energy Performance Standards, the United Nations Environment Programme has said… Read more

Source: https://punchng.com/nigeria-to-save-1-3bn-eliminating-fake-products-un/

4. Nigerian payment system needs upgrade to blockchain – Convexity COO

Mr Adedeji Owonibi is a techpreneur, blockchain solutions advocate, digital assets investor and Founder/Chief Operating Officer of Convexity. In this interview with FELIX OLOYEDE, he speaks on how blockchain can be used to solve some of the challenges currently facing the country’s payment system… Read more

Source: https://punchng.com/nigerian-payment-system-needs-upgrade-to-blockchain-convexity-coo/

5. Why naira scarcity won’t end soon

As Nigerians grapple with the multidimensional hardship in daily lives occasioned by the persistent Naira scarcity, financial experts have encouraged them to brace up for more difficult times as the crises might not abate soon… Read more

Source: https://guardian.ng/business-services/why-naira-scarcity-wont-end-soon/

6. Security votes: Govs meet EFCC, CBN Tuesday

The 36 Governors in Nigeria have planned to meet with officials of the Central Bank of Nigeria and the Economic and Financial Crimes Commission, among others to iron out issues surrounding states’ security votes… Read more

Source: https://punchng.com/security-votes-govs-meet-efcc-cbn-tuesday/

7. FG rakes $4.5b taxes, royalties from Shell

Shell’s report on payments to governments has indicated that the Federal Government earned $4.5b from the oil multinational in the 2022 fiscal year. The amount is made up of the money paid as production entitlement, taxes, royalties, and fees in 2022… Read more

Source: https://guardian.ng/business-services/fg-rakes-4-5b-taxes-royalties-from-shell/

8. FBRA, UNIDO unite to train plastic manufacturers, recyclers

The Food and Beverage Recycling Alliance (FBRA), has partnered the United Nations Industrial Development Organization (UNIDO), to equip plastic manufacturers and recyclers with required skilled to reduce leakage of plastics into the environment… Read more

Source: https://guardian.ng/business-services/plastic-manufacturers/

9. Verve, Alcineo launch SoftPOS to boost e-payment in Nigeria

Verve has partnered with Alcineo, a provider of payment software and services, to deploy a software point-of-sale (SoftPOS) SDK solution to ease e-payment in the country… Read more

Source: https://guardian.ng/business-services/softpos/

10. Schneider Electric aids FNSB with solar facility

Schneider Electric has reiterated its commitment to driving sustainability, with the official commissioning of a new solar energy system at the Federal Nigeria Society for the Blind (FNSB), which was donated in partnership with renewable energy engineering manufacturer, Eauxwell Nigeria Limited… Read more

Source: https://guardian.ng/business-services/schneider-electric/

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