Home NewsBusiness News Top Business & Finance News Headlines For Today, Wednesday, 7th February, 2024

Top Business & Finance News Headlines For Today, Wednesday, 7th February, 2024

by Ikenna Ngere
Business and Finance news

1. Customs seized N854m vehicles, others in January – NCS­­­

The Nigeria Customs Service, Federal Operations Unit, Zone A, Ikeja has disclosed that it intercepted 11 imported used vehicles and other contraband worth N854m in January… Read more

Source: https://punchng.com/customs-seized-n854m-vehicles-others-in-january-ncs/?amp

2. NCC wants states to cut telecom taxes

The Nigerian Communications Commission has appealed to states and local government councils across the country to cut taxes imposed on telecom companies, asserting that excessive taxation will be counterproductive to the growth of the industry… Read more

Source: https://punchng.com/ncc-wants-states-to-cut-telecom-taxes/?amp

3. Nigeria-Niger Republic flights remain suspended, FG insists

The Nigerian Airspace Management Agency has aid the ban on flights between Nigeria and Niger Republic persists… Read more

Source: https://punchng.com/nigeria-niger-republic-flights-remain-suspended-fg-insists/?amp

4. Stakeholders advocate rice fortification to combat anaemia

Medical stakeholders have said that the fortification of rice would help deliver essential micronutrients to Nigerians… Read more

Source: https://punchng.com/stakeholders-advocate-rice-fortification-to-combat-anaemia/?amp

5. How to plan your inheritance

Inheritance planning is a crucial aspect of financial management that involves the strategic transfer of assets to heirs. This process encompasses a range of legal and financial considerations, including the creation of wills, the establishment of trusts, and navigating the intricacies of estate taxes… Read more

Source: https://punchng.com/how-to-plan-your-inheritance/?amp

6. Oshodi Interchange denies crisis amid commercial dispute

The management of Oshodi Transport Interchange in Lagos has refuted reports suggesting an ongoing crisis at the facility… Read more

Source: https://punchng.com/oshodi-interchange-denies-crisis-amid-commercial-dispute/?amp

7. Sachet alcohol ban will trigger loss of 500,000 jobs — NUFBTE

The Food Beverage and Tobacco Senior Staff Association, FBTSS,   and National Union of Food Beverages and Tobacco Employee, NUFBTE, have said over 500,000 workers will lose their jobs as a result of the   ban on     sale and consumption of alcohol in sachets and polyethylene terephthalate (PET) bottles… Read more

Source: https://www.vanguardngr.com/2024/02/sachet-alcohol-ban-will-trigger-loss-of-500000-jobs-nufbte/amp/

8. Cadbury Nigeria records 4,228% increase in operating profit

Cadbury Nigeria Plc has announced an operating profit of N8.397 billion for the full year ended December 31, 2023…Read more

Source: https://www.vanguardngr.com/2024/02/cadbury-nigeria-records-4228-increase-in-operating-profit/amp/

9. Standard Chartered projects further hike in CBN’s interest rate

Standard Chartered Bank Nigeria (SCBN) has projected that the Central Bank of Nigeria, CBN will further raise its benchmark interest rate, the Monetary Policy Rate, MPR by 300 basis points… Read more

Source: https://www.vanguardngr.com/2024/02/standard-chartered-projects-further-hike-in-cbns-interest-rate/amp/

10. Petrol queues emerge in Lagos, environs

Petrol queues, yesterday, emerged in Lagos and its environs as many motorists and other users make frantic efforts to buy the product… Read more

Source: https://www.vanguardngr.com/2024/02/petrol-queues-emerge-in-lagos-environs/amp/

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