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Top Business & Finance News Headlines For Today, Tuesday, 11th July, 2023

by Ikenna Ngere
July 11, 2023
in Business News, Financial, News
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Key Business Stories to Watch This Week: MPC Meeting, ATM Fee Hikes, Nigeria Hits OPEC’s 1.5M BPD Oil Production and More
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1. IFC, NGX recognise Access Bank for women empowerment, gender equality

Access Bank Plc has received accorded the best  “Company Leadership in Gender Diversity” award;  Family-Friendly Workplace Excellence award, and  Gender Equality Champion award  at the Gender Leader Awards (GLA)… Read more

Source: https://www.vanguardngr.com/2023/07/ifc-ngx-recognise-access-bank-for-women-empowerment-gender-equality/

2. Arik Air needs investment to survive, not feud with AMCON, aviation workers cry out

The National Union of Air Transport Employees (NUATE) has stated that there’s a need to invest in Arik Air for the airline company to survive… Read more

Source: https://www.ripplesnigeria.com/arik-air-needs-investment-to-survive-not-feud-with-amcon-airline-owners-aviation-workers-cry-out/

3. Tony Elumelu to join King Charles, Biden at climate forum

The Chairman of Heirs Holdings, Tony Elumelu, will join King Charles III of the United Kingdom, and United States President, Joe Biden, at the Climate Finance Mobilisation Forum… Read more

Source: https://punchng.com/tony-elumelu-to-join-king-charles-biden-at-climate-forum/

4. FERMA to repair 50 failed roads

The Federal Road Maintenance Agency says it has commenced plans to fill up potholes and intervene in the repair of 50 failed federal roads across the country… Read more

Source: https://punchng.com/ferma-to-repair-50-failed-roads/

5. NNPC no longer write rules for petroleum industry, says Kyari

The Group CEO, of NNPC Limited, Mr Mele Kyari yesterday insisted that the company no longer write rules regulating the oil and gas industry in Nigeria, as it has become a commercial and competitive player… Read more

Source: https://www.vanguardngr.com/2023/07/nnpc-no-longer-write-rules-for-petroleum-industry-says-kyari/

6. Ecobank calls on FBN to reject Otudeko’s N106.37bn investment over debts owed

The Receiver Manager acting on behalf of Ecobank Nigeria Limited, Kunle Ogunba and Associates, has demanded that First Bank of Nigeria (FBN) Holdings reject the acquisition of its shares by Oba Otudeko… Read more

Source: https://www.ripplesnigeria.com/ecobank-calls-on-fbn-to-reject-otudekos-n106-37bn-investment-over-debts-owed/

7. Air fare up 34% in May — NBS

The average fare paid by air passengers in Nigeria for specified routes single journey rose year-on-year, YoY, by 34.06 percent to N74,948.78 in May 2022… Read more

Source: https://www.vanguardngr.com/2023/07/air-fare-up-34-in-may-nbs/

8. Organised private sector demands policy roadmap for non-oil exports

Members of the Organised Private Sector, on Monday, intensified calls for the formulation of policies to articulate a definite roadmap for non-oil export and non-traditional tradable goods and services… Read more

Source: https://punchng.com/organised-private-sector-demands-policy-roadmap-for-non-oil-exports-2/

9. OwletApp upgrades payment platform

Africa’s digital marketplace, The OwletApp, has relaunched its operations to ease shopping across the African continent… Read more

Source: https://punchng.com/owletapp-upgrades-payment-platform/

10. FMDQ Holdings acquires 21.6% equity in CSCS shares

FMDQ OTC Plc, has acquired substantial stake in the Central Securities Clearing System, CSCS Plc, amounting 1,080,641,902 units representing 21.6% of the total equity of the firm… Read more

Source: https://www.vanguardngr.com/2023/07/fmdq-holdings-acquires-21-6-equity-in-cscs-shares/

Tags: Finance News HeadlinesTop Business News
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