Nigeria Breaking News Today Headlines Wednesday 6th March 2019
Here are some of the Nigeria Breaking News Today Headlines on some of the newspapers.
target=_blank>A’Ibom: 44 political parties express confidence in Igini’s REC
At least 44 political parties in Akwa Ibom State, under the aegis of the Inter-Party Advisory Council (IPAC), have passed a vote of confidence in the State Resident Electoral Commissioner, Mr. Mike Igini for standing firm despite monetary inducements. This was as IPAC alleged that several attempts were made to lure the REC with
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target=_blank>ATMIA launches survey to determine next-gen ATM readiness
The Automated Teller Machine Industry Association (ATMIA) has launched a survey whose goal is to determine the readiness of ATM deployers worldwide for its proposed next-gen API app-enabled ATM infrastructure, the association said in a press release. The Next Generation project is managed by ATMIA and supported by a consortium of more than 200 companies
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target=_blank>Western Union to sell Speedpay to ACI for $750m
ACI Worldwide is buying Speedpay, a U.S. bill payment service, from Western Union for $750 million in cash, according to separate announcements from the companies. Speedpay allows consumers to pay a variety of bills including electricity, mortgages, auto loans, insurance, government finance and other payments. The business generated more than $350 million in revenue for
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target=_blank>IDB targets $2bn from Sukuks in 2019
Islamic Development Bank (IDB) will raise around $2 billion through multiple Sukuk issuances this year, its President, Dr. Bandar Hajjar, has said. He was reported by Reuters as saying that the move is the bank’s breakthrough Sukuk plan. The IDB, which is the largest development organisation in the Muslim world, sold over EUR 600
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target=_blank>LSETF, Foundation partner on social impact assessment report
The Lagos State Employment Trust Fund (LSETF), in collaboration with the Ford Foundation, has presented a social impact assessment report of its entrepreneurship programmes. In a statement, the Fund said that the Impact Assessment Exercise measured the achievements of its interventions, documented the lessons learnt, and made recommendations on how to enhance the Fund’s performance
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target=_blank>Ecobank boosts Nedbank’s earnings
Nedbank grew earnings by 14.5 percent in 2018, driven by its business outside of South Africa as operations elsewhere, especially at its West African lender Ecobank, paid off amid a sluggish domestic economy. The bank, one of South Africa’s top lenders, is focused on increasing market share at home, but like its peers has found
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target=_blank>Banking sector gains N151bn in February
Despite growing political tension, the Nigerian Stock Exchange (NSE) in the month of February remained resilience, as investors recorded gain of N151 billion in banking stocks. This is despite bleak predictions by some market analysts following growing political tension. Checks by New Telegraph revealed that the stocks recorded a gain of N151 billion or
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target=_blank>Oluwo congratulates senator-elect, Oriolowo
The Oluwo of Iwo, Oba AbdulRasheed Akanbi has congratulated the Osun West Senator-elect, Engineer Adelere Oriolowo on his victory at the National Assembly elections. Besides, Oba Akanbi felicitated with a newly elected member of the House of Representatives for Iwo Federal Constituency, Hon. Yinusa Amobi. In a statement by his Press Secretary, Alli Ibraheem,
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target=_blank>Nigeria’s interest rate, currency path may change –Reuters
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, is likely to exit in June and would take leave from this month before stepping down at the end of his five-year term, a move that could alter the path for interest rates and the currency, Reuters reported yesterday, citing unnamed sources. According
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FG to borrow N503.16bn via T-bills in Q2 ’19
The Federal Government will borrow N503.16 billion from investors in the second quarter of this year through treasury bills to be issued by the Central Bank of Nigeria (CBN). The apex bank disclosed this in its Treasury Bills (TB) issuance programme for Q2’19 released yesterday. The fresh TBs to be issued during the quarter comprise […]
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