Tribune Newspaper Headlines Today Monday 18th November 2019
Tribune Newspaper Headlines Today and news Dailies Update on current affairs happening now in Nigeria today 18/11/19
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Weekly Market Review
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Weekly Market Review
Money Market The Interbank market closed with N360 billion on Thursday with rates dropping by an average of 120 basis points (bps). The net Open Market Operation (OMO) flows of N162.23 billion positively impacted market liquidity, causing Open Buy Back (OBB) and Overnight (OVN) rates closing at 6.71 per cent and 7.79 per cent respectively. FX
Weekly Market Review
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Why many banks will not meet 65% LDR in December —Comercio Partners
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Why many banks will not meet 65% LDR in December —Comercio Partners
Due to the paucity of investment outlets as an aftermath of the Central Bank of Nigeria (CBN) Loan to Deposit Ratio (LDR) directive, many banks will find it difficult to meet the 65per cent threshold. The above prediction was made over the weekend by Comercio Partners, a limited-liability company in Nigeria providing trading, investment, asset
Why many banks will not meet 65% LDR in December —Comercio Partners
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Asset under management increases to N9.58trn —FBNQuest Research
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Asset under management increases to N9.58trn —FBNQuest Research
The assets under management (AUM) of the regulated pension industry increased by 14.8 per cent in September to N9.58 trrillion ($31.2 billion) when compared year on year (y/y). It also increased by 1.5 per cent in monthly comparison says FBNQuest Research. Specifically, the research arm of First Bank noted that the increases represent just 7.5
Asset under management increases to N9.58trn —FBNQuest Research
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Uduk commends FMDQ, says competition good for capital market
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Uduk commends FMDQ, says competition good for capital market
Acting Director-General of the Securities and Exchange Commission, SEC, Ms Mary Uduk has commended FMDQ Securities Exchange Plc on its achievements so far, saying its entry has brought about healthy competition in the capital market. Uduk who spoke with journalists at the Gold Awards and Dinner organised by FMDQ in Lagos weekend, said FMDQ has
Uduk commends FMDQ, says competition good for capital market
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FMDQ admits Primero N16.5bn bond
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FMDQ admits Primero N16.5bn bond
FMDQ Securities Exchange Plc has admitted the N16.5 billion Series 1 fixed rate bond of Primero BRT Securitisation SPV Plc on its trading platfom. According to the company, net proceeds of the Primero Bond would be utilised for funding the operating assets of the Bus Rapid Transit System, amongst others. It was gathered that the
FMDQ admits Primero N16.5bn bond
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Rigth Issue: Red Star to use proceed to develop warehouse in 18 months
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Rigth Issue: Red Star to use proceed to develop warehouse in 18 months
Red Star Express Plc, a top courier and logistic service provider, has revealed that it intends to use proceeds from the sale of 336,855,291 units of the company’s shares through rights issue for expansion of its operations. Speaking at the Nigerian Stock Exchange (NSE) on Thursday, the Group Managing Director of Red Star Express Plc,
Rigth Issue: Red Star to use proceed to develop warehouse in 18 months
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Border closure, what next?
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Border closure, what next?
Nigeria’s president, Muhammadu Buhari in August ordered the closure of Nigeria’s border; a policy made to promote investment in agriculture and increase the sector’s contribution to economic growth. Through this programme, Nigeria has been able to save billions spent on importation of rice and other food items. But are there adequate preparations for this policy? Since the
Border closure, what next?
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Nigeria: A poverty-ravaged giant of Africa
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Nigeria: A poverty-ravaged giant of Africa
When I read Obadiah Mailafia’s article on ‘Poverty capital of the world’, published on Monday, November 11, 2019, in the Nigerian Tribune, again, the still small voice within me whispered that our country indeed needs urgent intervention from God and the present government to fix the rots in our system. Nigeria, the self-acclaimed giant of
Nigeria: A poverty-ravaged giant of Africa
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Nigerian Senate and hate speech
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Nigerian Senate and hate speech
The chamber which today is the National Assembly has again got itself public condemnation following its prescription against what it termed hate speech. If we remember clearly, the election that brought in the current administration in 2015 was laced with hate speech which was the main strength of the current ruling party. Sadly, it is
Nigerian Senate and hate speech
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Joy in Ibadan as Glo promo winners cart away prizes
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Joy in Ibadan as Glo promo winners cart away prizes
The train of Globacom’s My Own Don Beta campaign hit Ibadan last week where new winners emerged. Akin Adewakun reports. Bodija, the ever bustling retail market located in the heart of Ibadan, Oyo State, came alive on Wednesday, November 13, 2019, as the Globacom train landed in the area to reward the fourth set
Joy in Ibadan as Glo promo winners cart away prizes
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