Home Financial Top Business & Finance News Headlines For Today, Wednesday, 22nd March, 2023

Top Business & Finance News Headlines For Today, Wednesday, 22nd March, 2023

by Ikenna Ngere

1. Nike’s third quarter profit falls

United States sporting goods company, Nike, on Tuesday declared a fall in its third quarter profit though it beat Street estimates… Read more

Source: https://punchng.com/nikes-third-quarter-profit-falls/

2. First Bank Calls for Application to 3rd Edition of FMAP

First Bank of Nigeria Limited has announced the call for participation in the third season of its FirstBank Management Associate Programme (FMAP). .. Read more

Source: https://www.thisdaylive.com/index.php/2023/03/22/first-bank-calls-for-application-to-3rd-edition-of-fmap/

3. Investors Purchase N2.61trn FG Bonds in Q1 2023 as Yield Fall Below Inflation Rate

Domestic investors purchased N2.61trillion worth of FGN Bonds in the first quarter of (Q1) 2023 out of which N1.89 trillion was eventually allotted amid yield on 10-Year Bond falling below the inflation rate.. Read more

Source: https://www.thisdaylive.com/index.php/2023/03/22/investors-purchase-n2-61trn-fg-bonds-in-q1-2023-as-yield-fall-below-inflation-rate/

4. LAPO MfB rewards customers

Lapo Microfinance Bank has rewarded its customers with cash prizes in its raffle draw promo.. Read more

Source: https://punchng.com/lapo-mfb-rewards-customers/

5. NEXIM Bank, NIWA boost regional trade

The Nigeria Export-Import Bank says its efforts to improve regional trade and promote bulk movement of commodities through the Nigerian water ways has received a boost with the unveiling of navigational charts of the lower River Niger in Abuja.

Source: https://punchng.com/nexim-bank-niwa-boost-regional-trade/

6. NIPC Rallies Chinese, Foreign Firms on Value-Chain Addition

The federal government has called on Chinese companies as well as other foreign investors to play a stronger role in adding value to Nigeria’s raw commodity exports.. Read more

Source: https://www.thisdaylive.com/index.php/2023/03/22/nipc-rallies-chinese-foreign-firms-on-value-chain-addition/

7. Airport concession: Experts fault unions court action

Some experts have criticised the aviation workers’ unions for dragging the Minister of Aviation, Hadi Sirika and the Federal Airport Authority of Nigeria to court over the planned airport concession.. Read more

Source: https://punchng.com/airport-concession-experts-fault-unions-court-action/

8. Marketing communications industry leaders to get awards

The organisers of the Industry Summit/Awards have said that the Chairman of STB-McCann Limited, Steve Omojafor and the Group Chief Executive Officer, X3M Ideas, Steve Babaeko, alongside other marketing communications professionals in the country would be conferred with awards this year’s event scheduled to be held on Friday, March 31… Read more

Source: https://punchng.com/marketing-communications-industry-leaders-to-get-awards/

9. FG removes 5% tax on calls, data

The Federal Government has announced the removal of its proposed five per cent excise duty on telecommunication services.. Read more

Source: https://punchng.com/fg-removes-5-tax-on-calls-data/

10. Leadway Pensure Emerges W’Africa’s Most Outstanding PFA Brand

Leadway Pensure PFA Limited, one of the licensed Pension Fund Administrator (PFA) has been named West Africa’s Most Outstanding PFA Brand of the Decade at the 2023 edition of the West Africa Brands Excellence Awards.. Read more

Source: https://www.thisdaylive.com/index.php/2023/03/22/leadway-pensure-emerges-wafricas-most-outstanding-pfa-brand/

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