Nigeria news today headlines update Thursday 7th November 2019
These are the Nigeria news today headlines update from Nigeria newspaper.
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Kenyan Bank Shares Rise After Parliament Passes Rate Cap Repeal
Kenyan bank shares gained in early trade on Wednesday after President Uhuru Kenyatta’s bid to remove a cap on commercial lending rates was passed in parliament on Tuesday, a move that could boost the flow of credit to the economy, Reuters. Equity Bank rose 4.93% to 50.0 shillings ($0.4854), while KCB Group jumped 5.97% to
Independent Newspapers Nigeria.
Zimbabwe Police Prohibits Public Workers From Marching
Zimbabwe police on Wednesday blocked a handful of public sector workers from marching to government offices with a petition demanding better pay, reneging on an earlier pledge to allow the demonstration. The march had been seen as a test of President Emmerson Mnangagwa’s willingness to tolerate dissent after banning recent opposition protests over the parlous
Independent Newspapers Nigeria.
South Africa’s Ramaphosa Gets Promised $13.5B Investment Into Economy
South African President Cyril Ramaphosa secured about 200 billion rand ($13.5 billion) of investment pledges, mainly from domestic companies, on Wednesday as part of his drive to boost flagging economic growth, REUTERS reports. Ramaphosa announced the investments during his opening speech at a forum aimed at drawing sorely-needed direct investment into the economy. “The new
Independent Newspapers Nigeria.
Bellwethers Sell-Off Drags Equities Market Down 0.58%
Lagos – Nigerian equities market extended losing streak at the close of yesterday’s trading session as the All-Share Index (ASI) shed 0.57 per cent. The ASI decreased by 151.69 absolute points, representing a dip of 0.58 per cent to close at 26,223.66 points. Similarly, the market capitalisation lost N73 billion to close at N12.766 trillion.
Independent Newspapers Nigeria.
Maltreatment: Why Airline Passengers With Disabilities Draw Battle Line
Airline Passengers Wth Disabilities, PWDs, read the riot act to airline operators on what appears to be a steady maltreatment of its members, writes NICHOLAS UWERUNONYE. If plans by Grace Jerry, Executive Director (ED), Inclusive Friends Association (IFA), Lois Auta, ED, Ceder Seed Foundation (CSF), are anything to go by, airline operators may have so
Independent Newspapers Nigeria.
Recapitalisation Funds To Be Kept In CBN –NAICOM
The National Insurance Commission (NAICOM) has said that the proceeds of funds raised by insurance companies for recapitalisation would be deposited with the Central Bank of Nigeria until it is ascertained that the money raised is ready to be deployed for the purpose of enhancing liquidity after the exercise. The reason, according to the regulator,
Independent Newspapers Nigeria.
Stakeholders Harp On Private Sector Investment In Power Generation
ABUJA – “Only spirited investments from private sector can shore up power generation and bring down cost of electricity generation in the country,” stakeholders at the ongoing 14th West African Power Pool (WAPP), General Assembly have said. Making this observation is Lamu Audu, the Managing Director of Mainstream Energy Solutions Limited (MESL), operators of Kainji
Independent Newspapers Nigeria.
Sterling Bank, IBM, Nexford University To Empower African Students
Washington DC-based Nexford University has announced two collaborations with IBM and Sterling Bank, one of Nigeria’s leading commercial banks. The university says the partnerships with IBM and Sterling Bank is aimed at preparing African youths on the skills needed for today’s workforce. Nexford University will leverage its graduate and undergraduate degrees along with the IBM
Independent Newspapers Nigeria.
Digital Economy Boom Depends On Safe Cyber Space – DG NITDA
The Director General, National Information Technology Development Agency, (NITDA), Kashifu Inuwa Abdullahi, has reiterated that growth and potentials of digital economy depends on the trust in the internet and cyber space. Abdullahi made this disclosure recently in Abuja while delivering his opening remarks at the Information Assurance Workshop, a two day event put together by
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FCT Minister Insists On IGR Target For MDAs
ABUJA – Businesses in the nation’s capital should expect more squeeze in the days ahead as the FCT administration has since read riot acts to its Ministry, Department and Agencies (MDAs) on the need to meet up their revenue drive. According to Dr Ramatu Tijjani Aliyu, FCT Minister of State, the administration will not hesitate […]
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