Nigeria Breaking News Today Headlines Wednesday 7th August 2019
Here are some of the Nigeria Breaking News Today Headlines on some of the newspapers.
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target=_blank>Bank stocks: Investors lose N237bn in July
Investors in banks quoted on the main board and premium board of the nation’s stock market reported a cumulative loss of about N237 billion during the month of July 2019 following sustained sell off. The stocks recorded the loss despite impressive earnings results and dividends released by most lenders in the sector and also the
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target=_blank>AbdulRazaq: We’ll partner EFCC to recover Kwara’s looted funds
Kwara State Governor, AbdulRahman AbdulRazaq, yesterday said his administration would partner with the Economic and Financial Crimes Commission (EFCC) to combat graft in the state, including recovering funds looted from the state’s treasury. AbdulRazaq, who said corruption had almost crippled the state when he took over on May 29, lamented how the N2 billionn the
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target=_blank>Access Bank takes DiamondXtra Digital on *901#
Access Bank Plc has opened up its USSD channel (*901#) to all Nigerians to enable the instant opening of DiamondXtra accounts from mobile devices. The DiamondXtra USSD channel option (*901#) allows customers, and potential customers, conveniently open a DiamondXtra account , confirm the number of tickets they have in a particular draw, and also find
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target=_blank>CBN injects $210m into interbank forex market
The Central Bank of Nigeria (CBN) yesterday pumped another $210 million into the inter-bank foreign exchange market as part of its continuing efforts to ensure exchange rate stability. Figures obtained from the apex bank shows that it offered $100 million to authorized dealers in the wholesale sector of the market, while the Small and Medium
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target=_blank>Benue: Gunmen invade Zaki-Biam, kill market chair
Gunmen yesterday invaded Zaki-Biam, the commercial nerve centre of Ukum Local Government Area of Benue State, and murdered the yam market Chairman, Mr. Tavershima Achinge. The assassins stormed the area on a Bajaj motorcycle and went to Achinge’s house. The gunmen shot him several times on the chest and stomach, and then left him in
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target=_blank>Keystone Bank appoints three executive directors to drive growth
Keystone Bank Limited has appointed three executive directors as part of strategy to realign its operations for sustained business growth. The new directors, who were appointed at the 49th yearly general meeting of the bank in Lagos recently, subject to the approval of the Central Bank of Nigeria (CBN), are Messrs Tijani Aliyu, Olaniran Olayinka
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target=_blank>Naira drops to 363.50/$ at I&E window
?Foreign investors exit bonds The naira was quoted at 363.50/$ yesterday, weaker than 362.80/$ a week ago, a development traders attributed to foreign investors pulling back on local bonds coupled with repatriation of dividends by businesses. According to Reuters, traders said the naira came under pressure at 363/$ last week due to urgent dollar
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target=_blank>Osun offers free train ride for Eid-el-Kabir
Administration of Governor Adegboyega Oyetola in Osun State has approved free train ride for the citizens living in Lagos to commemorate this year’s Eid-el-Kabir (Ileya) celebration. The gesture is in continuation of its practice during festive periods. The government said those travelling from towns on the route between Lagos State and Osun State would also
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target=_blank>Lions Club celebrates doyen of NSE, Akintola Williams, at 100
Lions Club has concluded arrangements to honour one of the founding fathers of the Nigerian Stock Exchange (NSE), Chief Akintola Williams, as he turns 100 on August 9. Williams, a renowned chartered accountant and Chairman, Akintola Williams Deloitte, who also brought Lions Club into Nigeria, is the only surviving signatory to the original Memorandum and
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Exclusive breastfeeding: FG launches zero water campaign
As Nigeria joined the rest of the world to mark the 2019 Breastfeeding Week, the Federal Government yesterday launched the National Zero Water Campaign, to improve the overall growth and development of children in the country. Launching the campaign in Abuja, the First Lady, Mrs. Aisha Buhari, noted that millions of such deaths could be […]
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