Home News Top Business & Finance News Headlines For Today, Sunday, 16th April, 2023

Top Business & Finance News Headlines For Today, Sunday, 16th April, 2023

by Tolulope Akinruli

Top 10:

1. IMF lists reasons for Nigeria, and others, low FDI

As captioned by Entrepreneurng report, the International Monetary Fund says the recent slowdown witnessed in Foreign Direct Investment, especially in developing countries can be linked to the divergent trade patterns among countries, with flows increasingly concentrated among geopolitically aligned countries, particularly in strategic sectors… Read more

Source: https://punchng.com/imf-lists-reasons-for-nigeria-others-low-fdi/

2. Cashless policy will boost MSME loans – CBN

The Central Bank of Nigeria and stakeholders in the financial services sector have said a robust cashless policy system is capable of increasing Medium, Small, and Micro-scale Enterprises’ access to loans… Read more

Source: https://punchng.com/cashless-policy-will-boost-msme-loans-cbn/

3. FG promissory note debts rise by 60%, says DMO

According to Investopedia.com, a promissory note is a debt instrument that contains a written promise by one party (the note’s issuer or maker) to pay another party (the note’s payee) a definite sum of money, either on-demand or at a specified future date… Read more

Source: https://punchng.com/fg-promissory-note-debts-rise-by-60-says-dmo/

4. FG intervention crucial to reviving cocoa industry — CapitalSage CEO

In this interview with EDIDIONG IKPOTO, the Chief Executive Officer of CapitalSage Holdings, John Alamu, highlights some of the challenges bedeviling Nigeria’s cocoa industry. He also talks about the growth prospects of the tech sector… Read more

Source: https://punchng.com/fg-intervention-crucial-to-reviving-cocoa-industry-capitalsage-ceo/

5. FG’s poor policies responsible for Nigeria’s economic woes — World Bank

Poor Policies by the Federal Government are creating trade barriers that may worsen the nation’s economic growth this year, going by the World Bank’s projections… Read more

Source: https://guardian.ng/business-services/fgs-poor-policies-responsible-for-nigerias-economic-woes-world-bank/

6. BaigeWallet debuts to enhance financial planning

The app provides investors with the required flexibility to tie their savings and investment plans to a specific project or goal, while earning competitive interest rates, in the short and long term… Read more

Source: https://guardian.ng/business-services/baigewallet-debuts-to-enhance-financial-planning/

7. Sahara, Wecyclers, LSETF launch recycling hub in Lagos 

Sahara Group Foundation- the corporate sustainability vehicle for Sahara Group, Lagos State Employment Trust Fund (LSETF), and Wecyclers, a recycling social enterprise, has launched the first of 12 recycling hubs planned for Lagos State… Read more

Source: https://guardian.ng/business-services/sahara-wecyclers-lsetf-launch-recycling-hub-in-lagos/

8. SIFAX Group appoints Odeyemi group head legal

SIFAX Group has appointed Jesuyemisi Odeyemi as the new Group Head, Legal Services/Company Secretary. She will be responsible for all legal matters within the group as well as serve as company secretary for all the subsidiaries… Read more

Source: https://guardian.ng/business-services/sifax-group-appoints-odeyemi-group-head-legal-2/

9. ADVAN to unveil NMDT, GARM at 2023 Summit

The Advertisers Association of Nigeria (ADVAN) has concluded plans to unveil two key sub-bodies for the association namely the Nigerian Marketing Development Team (NMDT) and the Nigerian Chapter of Global Alliance for Responsible Media (GARM) at the 2023 ADVAN IGNITES scheduled for April 19, 2023, in Lagos… Read more

Source: https://guardian.ng/business-services/business/advan-to-unveil-nmdt-garm-at-2023-summit/

10. CBN approves George-Taylor as the new CEO of Heritage Bank

The Board of Directors of Heritage Bank has announced Mr. Akinola George-Taylor as the substantive Managing Director/Chief Executive Officer of the bank… Read more

Source: https://punchng.com/cbn-approves-george-taylor-as-new-ceo-heritage-bank/

 

 

 

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