Home NewsBusiness News Top Business & Finance News Headlines For Today, Tuesday, 26th December, 2023

Top Business & Finance News Headlines For Today, Tuesday, 26th December, 2023

by Ikenna Ngere
Business and Finance news

1. Discos install 504,729 meters, unmetered customers now 7.1million 

The number of power consumers without meters across the country is now 7,117,167, as a total of 504,729 meters were installed by electricity distribution companies between January and September 2023… Read more

Source: https://punchng.com/discos-install-504729-meters-unmetered-customers-now-7-1million/

2. Inter-state transport operators implementing 50% discount, says FG 

Drivers playing inter-state routes have been implements 50 per cent discount on transport fares following President Bola Tinubu’s directives in reference to the renewed hope agenda… Read more

Source: https://punchng.com/inter-state-transport-operators-implementing-50-discount-says-fg/

3. CBN investigator summons Lemo, others over Union Bank deal 

The Special CBN Investigator, Jim Obazee, has summoned the Chairman of Titan Trust Bank, Babatunde Lemo, in connection with the acquisition of Union Bank of Nigeria Plc by TTB… Read more

Source: https://punchng.com/cbn-investigator-summons-lemo-others-over-union-bank-deal/

4. Harmonise tax policies, Abuja chamber tells FG, states 

The Abuja Chamber of Commerce and Industry, on Monday, called on the federal and state governments to streamline the various tax policies being implemented in their respective domains… Read more

Source: https://punchng.com/harmonise-tax-policies-abuja-chamber-tells-fg-states/

5. UBS, Wells Fargo, other big banks cut over 60,000 jobs in 2023 

The latest financial crisis has forced 20 of the world’s biggest banks to shed 61,905 jobs in the outgoing year… Read more

Source: https://www.ripplesnigeria.com/ubs-wells-fargo-other-big-banks-cut-over-60000-jobs-in-2023/

6. WFE demands strict regulations for crypto trading

The World Federation of Exchanges has maintained that Crypto-Asset Trading Platforms should be subjected to strict regulations as existing regulated exchanges… Read more

Source: https://punchng.com/wfe-demands-strict-regulations-for-crypto-trading/

7. Growth board, oil & gas emerge best indexes on NGX 

In terms of year-to-date returns on the Nigerian Exchange Limited, the Growth Board and Oil & Gas have emerged as the top-performing indexes as of Christmas… Read more

Source: https://punchng.com/growth-board-oil-gas-emerge-best-indexes-on-ngx/

8. AfDB, DMO seek solutions to Nigeria, others’ debt 

The African Development Bank Group and the Debt Management Office have revealed that they are seeking to tackle Nigeria and the African continent’s debt challenges through the formation of a debt managers network.. Read more

Source: https://punchng.com/afdb-dmo-seek-solutions-to-nigeria-others-debt/

9. Lawyers advocate regional collaboration for maritime security 

Maritime lawyers have urged the Federal Government to encourage African countries within the Gulf of Guinea to set up deep blue projects as a way of intensifying the fight against maritime crimes… Read more

Source: https://punchng.com/lawyers-advocate-regional-collaboration-for-maritime-security/

10. Acquisition of Union Bank by Titan Trust Bank faces uncertainty as CBN investigator summons Lemo over deal

The acquisition of Union Bank PLC and Titan Trust Bank (TTB) which is still pending the required regulatory approval now appears to be faced with uncertainty… Read more

Source: https://www.ripplesnigeria.com/acquisition-of-union-bank-by-titan-trust-bank-faces-uncertainty-as-cbn-investigator-summons-lemo-over-deal/

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