Nigeria news today headlines update Monday 24th December 2018
These are the Nigeria news today headlines update from Nigeria newspaper.
target=_blank>Burundi Names Gitega As New Capital
Burundi declared the small central city of Gitega the country’s new political capital on Saturday, in line with a presidential promise made a decade ago, according to Mg.co.za reports. A government spokesman named Gitega while also stating that the previous capital Bujumbura, on the north-eastern shore of Lake Tanganyika, would in future function solely as
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target=_blank>Macron Calls For Order After ‘Yellow Vest’ Attack On Police
French President Emmanuel Macron called for “order” on Sunday after a sixth weekend of “yellow vest” anti-government protests marked by dwindling participation and a violent attack on police in Paris, according to Mg.co.za reports. Speaking during a visit to the central African state of Chad where he was visiting French troops serving in a counter-terrorism
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target=_blank>222 Dead, 843 Injured, 28 Missing As Tsunami Hits Indonesia
A tsunami struck Indonesia virtually without warning, killing at least 222 people, sweeping away members of a pop band performing on a beach, according to Foxnews.com reports. Hundreds of homes and other buildings were “heavily damaged” when the tsunami set off by an eruption of the Anak Krakatau volcano hit late Saturday around the Sunda
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target=_blank>Bayern, Juventus Monitoring Ramsey’s Contract Situation At Arsenal
Bayern Munich are continuing to monitor Arsenal midfielder Aaron Ramsey with the Welshman set to make a decision on his future in the coming weeks, according to Dailymail.co.uk reports. Ramsey is poised to leave the Emirates Stadium this summer when his contract expires after 10 years at the club. His next destination remains unknown but
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target=_blank>2019 Inflation Outlook Hazy On Year-End Private, Election Spending – CBN
Lagos – Despite inflation slowing in October after two consecutive mild increases, the Central Bank of Nigeria (CBN) is wary of threats to consumer price stability in the short to medium term. Adamu Edward Lametek, Deputy Governor of CBN, stated this in his private statement at the Monetary Policy committee (MPC) meeting of November, 2018. He
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target=_blank>Naira Records Marginal Gains On Dollar Weakness
The Naira entered the final full trading week before Christmas on a steady note despite concerns over plateauing global economic growth weighing on risk sentiment. It is becoming clear that a weakening Dollar remains one of the drivers behind the Naira’s marginal gains on the parallel exchange. Lukman Otunuga, a research analyst at FXTM, said
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target=_blank>Coleman Wires Explains Growth Pattern
LAGOS – Coleman Wires and Cables Limited has attributed its growth to strategic planning, commitment, perseverance, training, skilled workforce, Nigerian Content Act and support of the Nigerian Content Development and Monitoring Board (NCDMB). Mr. George Onafowokan, the managing director of the company, who disclosed this in Lagos at the weekend, said Coleman was established in 1975
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target=_blank>Access Bank Holds EGM Feb 1, 2019, Seeks N75bn Rights Issue Approval
The Directors of Access Bank Plc are seeking shareholders’ approval to raise additional equity capital of up N75 billion via Rights Issue next year. In a notification to the Nigerian Stock Exchange (NSE), the bank is convening an extra-ordinary general meeting (EGM) for February 1, 2019 in Lagos, where it hopes to get shareholders’ approval.
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target=_blank>eTranzact International Plc To Raise Fresh Capital
eTranzact international PLC may indicate interest to raise capital on the horizon going by a recent notice sent to the Nigerian Stock Exchange. The decision to raise additional capital became imperative considering the need of the Company to expand its operations, deepen its market share and to remain competitive in the financial technology industry. The
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Nasdaq and The Nigerian Stock Exchange have announced that NSE, which services the largest economy in Africa, will continue leveraging Nasdaq’s matching engine technology for its equities and fixed income markets for an additional five years. Further, NSE will also continue utilising Nasdaq’s SMARTS Market Surveillance technology to monitor its market for manipulation, including spoofing […]
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