Home NewsBusiness News Top Business & Finance News Headlines For Today, Wednesday, 24th January, 2024

Top Business & Finance News Headlines For Today, Wednesday, 24th January, 2024

by Ikenna Ngere
Business Today

1. New policy to address maritime challenges on the way

The Federal Government will soon release a new maritime  policy  aimed at tackling challenges faced by operators in the Marine and Blue Economy, especially   in the port environment… Read more

SOURCE: https://www.vanguardngr.com/2024/01/new-policy-to-address-maritime-challenges-on-the-way/amp/

2. Stable FX rate, higher demand will spur domestic manufacturing in 2024 — CBN 

The Central Bank of Nigeria, CBN, has expressed optimism of improved macroeconomic conditions in 2024, adding that stable exchange rate, FX and higher demand for goods and services will spur domestic manufacturing activities… Read more

SOURCE: https://www.vanguardngr.com/2024/01/stable-fx-rate-higher-demand-will-spur-domestic-manufacturing-in-2024-cbn/amp/

3. How FG, others gain N1.05trn from Naira depreciation 

The three tiers of government recorded N1.05 trillion income from exchange rate gains into the Federation Account,   in nine months to September 30th, 2023, triggered by the 71 per cent   depreciation of the naira during the period… Read more

SOURCE: https://www.vanguardngr.com/2024/01/how-fg-others-gain-n1-05trn-from-naira-depreciation-2/amp/

4. Oil for loan deal: EITI seeks full disclosure of repayment terms

ABUJA- GLOBAL Extractive Industries Transparency Initiative, EITI, has called on the Federal Government to make full disclosures of the terms of the deal struck with African Export-Import Bank, AfreximBank, for the $3.3 billion cash loan that was guaranteed by future oil production in the country… Read more

SOURCE: https://www.vanguardngr.com/2024/01/oil-for-loan-deal-eiti-seeks-full-disclosure-of-repayment-terms/amp/

5. Marketers kick as NNPCL delays fuel supply

Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria have berated the Nigerian National Petroleum Company Limited for alleged delay in the supply of petroleum products… Read more

SOURCE: https://punchng.com/marketers-kick-as-nnpcl-delays-fuel-supply/?amp

6. Declare your share in Dangote refinery, global body tells NNPCL

The Extractive Industries Transparency Initiative, a global transparency body, on Tuesday, charged the Nigerian National Petroleum Company Limited to provide further details on its 20 per cent equity in the Dangote Petroleum Refinery… Read more

SOURCE: https://punchng.com/declare-your-share-in-dangote-refinery-global-body-tells-nnpcl/?amp

7. ‘Private jet owners risk losing licenses for non-compliance’

The Nigeria Civil Aviation Authority has said that all private jet owners operating commercial services risk losing their licenses for non-compliance… Read more

SOURCE: https://punchng.com/private-jet-owners-risk-losing-licenses-for-non-compliance/?amp

8. One in five workers experience workplace harassment — ILO

A new International Labour Organisation report has revealed that more than one in five people in employment has experienced violence and harassment… Read more

SOURCE: https://punchng.com/one-in-five-workers-experience-workplace-harassment-ilo/?amp

9. Inflation, corporate earnings to drive equity market – Ex-CIS president

A former President of the Chartered Institute of Stockbrokers, Tunde Amolegbe, has said that galloping inflating and the corporate earnings of listed companies are factors that may drive the equity market to outperform the fixed income market this year… Read more

SOURCE: https://punchng.com/inflation-corporate-earnings-to-drive-equity-market-ex-cis-president/?amp

10. Flight cancellations not deliberate, says NCAA

The Acting Director-General of the Nigeria Civil Aviation Authority, Chris Najomo, has stated that no airline deliberately cancels flights or delays passengers… Read more

SOURCE: https://punchng.com/flight-cancellations-not-deliberate-says-ncaa/?amp

 

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