Tribune Newspaper Headlines Today Monday 31st August 2020
Tribune Newspaper Headlines Today and news Dailies Update on current affairs happening now in Nigeria today 31/08/20
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Resilience (forging ahead)
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Resilience (forging ahead)
IN commemoration of the first 100 days of the appointment of Professor (Ambassador) Ibrahim Agboola Gambari as Chief of Staff to President Muhammadu Buhari, Commander-In-Chief, Armed Forces of Nigeria, Resilience Television will on Friday August 21st 2020 devote prime time to a documentary on the President’s Chief adviser and ally. Much of it is already …
Resilience (forging ahead)
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AMCON seeks Senate’s collaboration to drive debt recovery
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AMCON seeks Senate’s collaboration to drive debt recovery
THE Asset Management Corporation of Nigeria (AMCON) has renewed the call for legislative support in recovering its outstanding debt obligations. Mr. Ahmed Lawan Kuru, Managing Director/Chief Executive Officer of AMCON made the call when he led the management of the corporation to appear before a technical session of the Senate Committee on Banking Insurance and …
AMCON seeks Senate’s collaboration to drive debt recovery
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FCMB predicts 40.6% cut in profit for Q4’2020
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FCMB predicts 40.6% cut in profit for Q4’2020
FCMB Group Plc, has said its profit after tax deduction should be about N4.1 billion in the fourth quarter of 2020. When compared with the same period of 2019, the Q4 net profit expectation will be 40.6 per cent lower than the N6.9 billion last year. In a notice to the investing public through the …
FCMB predicts 40.6% cut in profit for Q4’2020
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Secondary market rates to trend lower on N321.5bn OMO maturities
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Secondary market rates to trend lower on N321.5bn OMO maturities
THERE are signs that in the coming week, the Open Market Operations (OMO) maturities worth N321.5 billion will hit the system, increase liquidity and help keep rates low. “We see secondary market rates trending lower in the week ahead. Meanwhile, we expect the CBN to continue its liquidity mop-up via OMO sales,” one dealer said. …
Secondary market rates to trend lower on N321.5bn OMO maturities
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The danger in anger – 2
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The danger in anger – 2
This subject has become more pertinent in view of the altercation between Femi Fani-Kayode, a former Minister of Aviation and Eyo Charles, a Nigerian journalist with Daily Trust in Calabar, Cross River State that trended massively on the Nigerian social media space last week. Perhaps tongue-in-cheek, the reporter had asked the former minister a question …
The danger in anger – 2
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Ex SEC DG joins Seplat’s board as independent non-Executive Director
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Ex SEC DG joins Seplat’s board as independent non-Executive Director
SEPLAT Petroleum Development Company Plc has announced the appointment of Ms Arunma Oteh and Mr. Xavier Rolet as Independent Non-Executive Directors of the Company, joining the Seplat Board with effect from October 1, 2020. Ms. Oteh was the Director General of the Securities and Exchange Commission (“SEC”) Nigeria from 2010 to 2015. As Director General …
Ex SEC DG joins Seplat’s board as independent non-Executive Director
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How CAMA 2020 violates freedom of religion, association
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How CAMA 2020 violates freedom of religion, association
IT is a notorious fact that sections 839,842, 843, 831 and 849 of the Companies and Allied Matters Act (CAMA) 2020 signed by President Muhammadu Buhari on August 7, 2020 have elicited protests from many religious leaders,activists and lawyers. The same law touted by government agents as aimed at “ease of doing business” has paradoxically …
How CAMA 2020 violates freedom of religion, association
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The coup in Mali
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The coup in Mali
MALI came under military rule once again on August 18 following a revolt by middle-ranking officers of the Malian military which led to a coup d’état. The leaders of the coup promptly detained President Ibrahim Boubacar Keita. Keita became president in 2013 after serving as prime minster between 1994 and 2000. He was later forced …
The coup in Mali
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Doing the impossible
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Doing the impossible
What is regarded as impossible is someone else’s opinion forced on us as the truth. Quite often, the impossible is another person’s frustration presented as a fact. Impossible is others’ assumption that we have come to believe as our reality. Those who change the world never believe that anything is impossible. It is those who …
Doing the impossible
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Race for recapitalisation increases pressure on microfinance banks
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Race for recapitalisation increases pressure on microfinance banks
Jolted by the sudden impact of the Novel Coronavirus, the Microfinance industry virtually went to bed because most of them had no Business Continuity Plans (BCP) in place, thereby slowing every progress made at capital raising and increasing pressure on operators as countdown to deadline begins. Financial institutions usually do not rely on insurance alone; …
Race for recapitalisation increases pressure on microfinance banks
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