Home Financial Top Business & Finance News Headlines For Today, Sunday, 26th March, 2023

Top Business & Finance News Headlines For Today, Sunday, 26th March, 2023

by Tolulope Akinruli

Top 10: 

1. UK advocates strong infrastructure to tackle climate change

The United Kingdom has reiterated its commitment to mitigating the effects of climate change in Nigeria. According to a statement, British Deputy High Commissioner, Ben Llewellyn-Jones, said this at a climate action event in the celebration of Commonwealth Day which was held at Lufasi Park in Lagos… Read more

Source: https://punchng.com/uk-advocates-strong-infrastructure-to-tackle-climate-change/

2. NOA begins census sensitisation, advocacy

The National Orientation Agency has begun a nationwide sensitisation and advocacy to educate Nigerians about the forthcoming National Population and Housing Census… Read more

Source: https://punchng.com/noa-begins-census-sensitisation-advocacy/

3. FG executes 1,375 rural power projects with N45.89bn

The Federal Government completed a total of 1,375 rural power projects in various communities across the country with the sum of N45.89bn within a period of three years, the latest figures obtained from the Rural Electrification Agency, showed… Read more

Source: https://punchng.com/fg-executes-1375-rural-power-projects-with-n45-89bn/

4. African cities neglecting housing needs for middle class – Report

The continued market activity in major African cities to deliver residential developments within the luxury and deluxe category has created a huge gap between the demand and supply for low-income earners, a report by Estate Intel has stated… Read more

Source: https://punchng.com/african-cities-neglecting-housing-needs-for-middle-class-report/

5. Tackling menace of fake estate developers, fraudsters

DAMILOLA AINA writes on the increasing rate of land and housing scams in the country, the modus operandi used by illegal developers and ways to end the menace… Read more

Source: https://punchng.com/tackling-menace-of-fake-estate-developers-fraudsters/

6. Global Money Week: Stakeholders canvass improved financial literacy

As Global Money Week comes to an end, personal finance experts have reiterated the importance of financial literacy among Nigerians… Read more

Source: https://punchng.com/global-money-week-stakeholders-canvass-improved-financial-literacy/

7. Faster Internet expected as broadband hits 50%

Broadband penetration is set to hit 50 per cent before the end of 2023, expanding fast Internet access to Nigerians. In the Nigerian National Broadband Plan (2020 – 2025), the Federal Government set a 50 per cent broadband penetration target for 2023. In its policy document, the government set a broadband penetration target of “50 per cent of eligible individuals with provision for physically challenged,” for 2023… Read more

Source: https://punchng.com/faster-internet-expected-as-broadband-hits-50/

8. Rate hikes ineffective against inflation, LCCI tells CBN

The Lagos Chamber of Commerce and Industry has called on the Central Bank of Nigeria to explore viable options to tackle the country’s surging inflation as the frequent interest rate hikes were not producing the desired result… Read more

Source: https://punchng.com/rate-hikes-ineffective-against-inflation-lcci-tells-cbn-2/

9. Gender equality will improve GDP by 50% – NITDA

The National Information Technology Development Agency said that gender equality in the digital space could increase the Gross Domestic Product of the country by over 50 per cent… Read more

Source: https://punchng.com/gender-equality-will-improve-gdp-by-50-nitda/

10. New Naira notes diminish in circulation, as CBN directs banks to operate weekends

Few months after the introduction of new naira notes, the currency has continued to diminish in circulation, leaving Nigerians to scramble for the old tattered notes… Read more

Source: https://guardian.ng/business-services/new-naira-notes-diminish-in-circulation-as-cbn-directs-banks-to-operate-weekends/

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