Breaking business news today in nigeria as at 14 00

I'm happy to provide you with the latest breaking business news in Nigeria as of 14:00 hours. Please note that the news may be subject to change as new developments emerge.

Top Business News in Nigeria as of 14:00 hours

  1. Nigeria's Inflation Rate Rises to 17.71%: The National Bureau of Statistics (NBS) has announced that Nigeria's inflation rate has risen to 17.71% in June 2022, up from 16.63% in May 2022. This is the highest inflation rate in over 17 years.
  2. CBN Introduces New Guidelines for Digital Payments: The Central Bank of Nigeria (CBN) has introduced new guidelines for digital payments in Nigeria, aimed at promoting financial inclusion and reducing the risk of fraud.
  3. Nigerian Stock Exchange (NSE) Index Falls 0.45%: The NSE All-Share Index has fallen by 0.45% to 43,114.42 points, as market capitalization declined by N44.4 billion to N21.4 trillion.
  4. Dangote Cement Reports N155.4 Billion Profit: Dangote Cement Plc has reported a profit after tax of N155.4 billion for the half-year ended June 30, 2022, up from N114.4 billion in the same period last year.
  5. Nigeria's External Reserves Fall to $35.4 Billion: Nigeria's external reserves have fallen to $35.4 billion, according to the CBN, due to a decline in foreign exchange earnings and a rise in imports.
  6. FG to Launch New National Carrier: The Federal Government has announced plans to launch a new national carrier, Nigeria Air, which is expected to boost the country's aviation sector and create jobs.
  7. Nigerian Banks' Profit Declines by 12.6%: The profit of Nigerian banks has declined by 12.6% to N444.4 billion in the first half of 2022, due to a rise in operating expenses and a decline in interest income.
  8. FG to Review Tax Laws to Boost Revenue: The Federal Government has announced plans to review Nigeria's tax laws to boost revenue and reduce tax evasion.

Please note that these are just some of the top business news stories in Nigeria as of 14:00 hours, and the situation may change as new developments emerge.