The Nation Newspaper Today Headline Thursday 16th July 2020
The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 16/07/20
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10 things you probably didn’t know about Wizkid @30
By Alao Abiodun Afro-pop star Ayodeji Ibrahim Balogun popularly known as Wizkid has risen to become one of the biggest artistes in the music industry – and by extension its pop culture – in the last decade. Year in, year out, Wizkid has continued to influence, define and change the genre with power moves that …
Transcorp Hotels seeks nod for N10b rights issue
By Taofik Salako, Deputy Group Business Editor Transcorp Hotels Plc has submitted application to authorities at the Nigerian Stock Exchange (NSE) for the approval of the hotel and tourism company’s new capital raising. A regulatory filing obtained by The Nation indicated that Transcorp Hotels is seeking approval to raise N10 billion in new equity funds …
Equities rebound with N8b gain
By Taofik Salako, Deputy Group Business Editor Nigerian equities on Wednesday recorded their first positive closing this week as bargain-hunting for large-cap stocks lifted the market to a marginal net capital gain of N8 billion. The All Share Index (ASI)- the common value-based index that tracks share prices at the Nigerian Stock Exchange (NSE), inched …
E-payments value drops by N96b
By Taofik Salako, Deputy Group Business Editor The Central Bank of Nigeria (CBN) has said the total volume of payments across payment channels fell by 26 per cent in April compared to the preceding month. The Federal Government imposed a lockdown on economic activities in Lagos and Ogun states and Abuja between March and April. …
Edo 2020: ‘Governor has no reason to intimidate anyone’
By Bisi Olaniyi, Benin Governor Godwin Obaseki’s Special Adviser on Media and Communication Strategy, Crusoe Osagie, has said his boss has no reason to harass anyone. He said the claim by the Edo State chapter of the All Progressives Congress (APC) that some persons were being harassed to defect to Obaseki’s Peoples Democratic Party (PDP) …
CRC Credit Bureau appoints new chair, deputy
Collins Nweze The Board of CRC Credit Bureau Limited has appointed Olusegun Alebiosu as its new Chairman and Mrs. Olajumoke Odulaja as Vice Chairman. Alebiosu replaces Greg Jobome, who has completed his tenure. He joined the Board of CRC in 2016 as FirstBank representative. Alebiousu is the Chief Risk Officer, FirstBank of Nigeria. Prior to …
Keystone Bank to MSMEs: embrace digitalisation
Collins Nweze Keystone Bank Limited has advised Micro, Small and Medium Enterprises (MSMEs) owners to grow their sales using digital tools. The bank stated this during a capacity building initiative for MSMEs owners in Lagos. The training, tagged: “Boost With Facebook Digital Marketing Webinar Series,” was organised by the bank in partnership with Facebook via …
AA, LP, ADC substitute candidates
By Bisi Olaniyi, Benin The Independent National Electoral Commission (INEC) said on Wednesday that three parties substituted their candidates earlier nominated for Edo governorship election. Mr. Festus Okoye, INEC National Commissioner and Chairman, Information and Voter Education Committee, disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja. According to Okoye, …
Free fuel for FirstBank’s Verve cardholders
Collins Nweze FirstBank of Nigeria Limited is giving free fuel to customers that use its Verve Card to make fuel purchases. The Free Fuel promo, activated by FirstBank, in collaboration with Verve International and Oando Plc., which kicked off on July 6, 2020 would end July 24, 2020. Durng the promo, the bank said, for …
Loan defaulters’ accounts debit takes off August 1
Collins Nweze The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to start debiting accounts of chronic loan defaulters from August 1. The new CBN loan recovery policy means that loan defaulters who have funds in accounts across any bank in Nigeria should expect debit alert from their banks from the …
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