Nigeria news today headlines : Monday 10th August 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Corporate Valuation Tops Coronation Capital’s Masterclass Discourse
LAGOS – In a period of a global pandemic, corporate valuations can be tricky affairs. Not only are corporate cash flows difficult to estimate, but also discount rates to be applied to these cash flows must incorporate risk factors that may not have been necessary at a less troubled time. In a series of lectures …
Heritage Bank, CBN Drive Improved Investment Outcomes, Job Creation
Heritage bank Plc in collaboration with the Central Bank of Nigeria (CBN), under the Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL) has continued to drive improved investment outcomes and job creation. Through this partnership, Heritage Bank is not relenting in its efforts at boosting the agriculture base of the nation to make farming profitable …
Gov. Ugwuanyi Excludes Ikeagwu Community In Six-Year Rural Development Projects
NSUKKA – The Enugu State Governor Ifeanyi Ugwuanyi on July 29, signed the 2020 revised budget of N146,374,641,080 into law. It was 13.67 percent reduction from the previous budget size of N169.6 billion. The reduction in figure amounts to N23,183,017,220 from the provisions made in the earlier budget. Recall that the revised budget was as …
Nigeria’s Economic Future Built On Falsehood (2)
“Wise scepticism is the first attribute of a good critic”, according to James Russell Lowell, 1819- 1891, American historian. Vanguard Book of Quotations, VBQ p 222. In the first part of this series, we demonstrated how ignorance, poverty of leadership, incompetence and the wrong mindsets at the top of government combined to lead us into …
Almighty Subsidy And Politics Of Fuel Price Hike
Over the years, Nigeria’s four decrepit refineries which were built to refine crude oil into petroleum products for local consumption and possibly for exports were left to rot just to make room for the importation of petroleum products by the governing elite and their contractors. This makes it pretty difficult for the importers or oil …
Yam Dealers Seek Govt Intervention For Business Expansion
ONITSHA – As new tubers of yam begin to flood Onitsha markets through the banks of the River Niger, dealers at Ose-Okwodu yam market situated at the bank of River Niger have made a passionate appeal to the Anambra State Government to intervene in their plight and assist them secure loans for the expansion of their …
Promo: Dangote Cement Presents Cheques To Four Winners In Warri
Dangote Cement at the weekend, kept its promise of immediate redemption of the star prizes in the ongoing spell as the four winners received alerts of N1 million each and a dummy cheque at the prize presentation event held in Warri, Delta State. In a related event, a husband and his wife are among the …
Seplat’s New CEO, Roger Brown, Resumes
Roger Brown, the new Chief Executive Officer (CEO) of Seplat Petroleum Development Company Plc, a company listed both on Nigerian Stock Exchange (NSE) and London Stock Exchange (LSE), resumed on August 1, 2020. Brown is expected to lead SEPLAT into the next phase of the company’s growth aspirations following the retirement of the founding CEO …
Attractive Valuation, High Cap Impressive Half Year Earnings And Interim Dividend Expectations Drive NGSE Rally
Trading activities on the Nigerian Stock Exchange over the past week remained on the recovery path to extend the three consecutive weeks of bullish run and strong buying sentiment that was propelled by corporate earnings beating expectations in the midst of mixed numbers; rising new cases of coronavirus infection in the country, economy uncertainties and …
FCMB Group Posts Impressive Half Year Results, As Profit Before Tax Rises By 26% To N11.1bn
FCMB Group Plc has once more proved its resilience and capability to deliver outstanding performance and returns to customers and shareholders going by the half year results of the financial institution released recently. For the six months ended June 30, 2020, the Group’s profit before tax (PBT) rose by 26% to N11.1 billion compared to …
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