Business News of Friday, 17 February 2023

Nigerian stocks see second-biggest plunge of the year as investors take profit

New naira notes: Lagos banks shut, as Nigerians besiege CBN

Amount spent on subsidy now above N400bn monthly - NNPCL

Ogun to revoke C of O of companies, stores rejecting old notes

CBN’s naira redesign policy may frustrate elections – Reps

Naira Redesign: Cash crunch may worsen forex shortage — FITCH

PoS operators deny selling naira notes as Lagos warns over high charges

Over N5bn, 7 banks branches lost to attacks — ASSBIFI

FG mulls unbundling Nigerian Railways for optimal performance

Naira scarcity disrupting flow of goods, manufacturers lament

Dangote canvasses increased engagement to boost trade

Union Bank, firm back farmers

NECA calls for investment, protection of Diaspora remittances

NLC gears up for new minimum wage

Economic challenges may close down more businesses’

FG plans to repair Warri, Kaduna refineries

Banks lose N5bn to destruction on facilities over naira scarcity

Nigeria’s oil output rises by 31m barrels - OPEC