Home Financial Top Business & Finance News Headlines For Today, Tuesday, 9th May, 2023

Top Business & Finance News Headlines For Today, Tuesday, 9th May, 2023

by Ikenna Ngere
Business and Finance news

1. PZ Cussons Nigeria Announces Dimitris Kostianis as New CEO

The Board of Directors of PZ Cussons Nigeria Plc has approved the appointment of Mr. Dimitris Kostianis as a member of the Board and as the Chief Executive Officer (CEO) of the Company with effect from June 1, 2023… Read more

Source: https://www.thisdaylive.com/index.php/2023/05/09/pz-cussons-nigeria-announces-dimitris-kostianis-as-new-ceo/

2. CBN’s ‘RT200’ policy boosts fund repatriation by 40 per cent – Emefiele

The Governor of the Central Bank of Nigeria, Godwin Emefiele, said that the ‘Race to USD200bn In FX Repatriation’ programme of the bank had boosted the repatriation of funds into the country by 40 per cent… Read more

Source: https://punchng.com/cbns-rt200-policy-boosts-fund-repatriation-by-40-per-cent-emefiele/

3. NCC approves MTN’s spectrum lease transaction from NTEL

The Nigerian Communications Commission, on Tuesday, grants MTN Nigeria a spectrum lease transaction from the Natcom Development and Investment Limited… Read more

Source: https://punchng.com/ncc-approves-mtns-spectrum-lease-transaction-from-ntel/

4. Why Nigeria shouldn’t be selling crude oil in dollars – Falana

Human rights lawyer and Senior Advocate of Nigeria, SAN, Femi Falana, has justified why  Nigerians should not be selling its crude oil in dollars… Read more

Source: https://www.vanguardngr.com/2023/05/why-nigeria-shouldnt-be-selling-crude-oil-in-dollars-falana/

5. Conoil leads gainers, Unity Bank tops losers in Nigerian stock market

Nigerian bourse ended trading on Tuesday with 0.04 per cent or N14.09 billion increase in market capitalisation… Read more

Source: https://www.ripplesnigeria.com/conoil-leads-gainers-unity-bank-tops-losers-in-nigerian-stock-market/

6. Firm seeks public-private partnership on low cost housing solution

A foremost real estate firm in Nigeria, Terra Developers Limited, has appealed to the government and stakeholders with the public and private sectors on the need to establish a working partnership on low cost housing for all Nigerians… Read more

Source: https://www.vanguardngr.com/2023/05/firm-seeks-public-private-partnership-on-low-cost-housing-solution/

7. Invest in maritime, NIMASA advises Nigerians in diaspora

The Director General of the Nigerian Maritime Administration and Safety Agency, Dr Bashir Jamoh, has urged Nigerians in diaspora to invest in the country’s maritime sector… Read more

Source: https://punchng.com/invest-in-maritime-nimasa-advises-nigerians-in-diaspora/

8. Africa to Be Biggest Loser If Global Tensions Mount, IMF Warns

Africa could suffer a permanent economic hit if tensions splinter the global economy into opposing trading blocs around the US and China, the International Monetary Fund (IMF) has said… Read more

Source: https://www.thisdaylive.com/index.php/2023/05/09/africa-to-be-biggest-loser-if-global-tensions-mount-imf-warns/

9. Unilever Nigeria Shareholders Approve N1.44bn Dividend for FY ‘22

Shareholders of Unilever Nigeria Plc have approved the payment of N1.44 billion as a dividend for the Financial Year ended 31st December 2022 at the 98th Annual General Meeting (AGM) of the company held in Lagos recently… Read more

Source: https://www.thisdaylive.com/index.php/2023/05/09/unilever-nigeria-shareholders-approve-n1-44bn-dividend-for-fy-22/

10. Polaris Bank trains 5,000 NYSC members in digital skills

Polaris Bank in partnership with the National Youth Service Scheme and NerdzFactory has commenced a capacity-building workshop in digital skills targeted at 5,000 National Youth Service Corps members across 12 states in Nigeria… Read more

Source: https://punchng.com/polaris-bank-trains-5000-nysc-members-in-digital-skills/

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