Breaking News in Nigeria Today : Monday 23rd November 2020

Breaking News in Nigeria Today Monday 23rd November 2020

Here are some of the Breaking News in Nigeria Today Monday 23rd November 2020 on some of the nation newspapers .

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Nigeria News Today Monday 23rd November 2020

UBA records 5.98% Q3 earnings growth

United Bank for Africa (UBA) Plc has announced its audited financial results for the half year ended June 30, 2020, showing a growth across key performance indices as well as increased contribution from its African subsidiaries.   Notwithstanding the challenging business and economic environment occasioned by the Covid-19, the pan African financial institution was able …

I won’t regret dumping PDP for APC – Umahi

Ebonyi State Governor, Chief Dave Umahi, in this interview, speaks on why he dumped the Peoples Democratic Party (PDP) for the All Progressives Congress (APC). UCHENNA INYA brings the excerpts       There is this speculation that you left the Peoples Democratic Party (PDP) because the party decline you its 2023 presidential ticket. What …

2023: Whither S’East in the calculation?

Felix Nwaneri reports on the jostle for the 2023 presidency by the various political blocs across the country and the quest for power by the people of South-East geopolitical zone   The two leading political parties – ruling All Progressives Congress (APC) andmainoppositionPeoples DemocraticParty(PDP)– areyetto takedecisionsonwheretheir respectivetickets for the 2023 presidential election will go to, …

FBN Holdings’ Q3 profit rises 32%

FBN Holdings Plc announced its unaudited results for the nine months ended September 30, 2020 with a profit after tax growing by 31.71 profit.   According report obtained from the Nigerian Stock Exchange (NSE), the profit after tax stood at N68.156 billion, up 31.71 per cent y-o-y, from N51.747 billion reported in 2019.   The …

Wema Bank grows Q3 net interest income by 17%

Wema Bank Plc has recorded 16.86 per cent growth in net interest income for the third quarter ended September 30, 2020.   According to a report obtained from the Nigerian Stock Exchange, the bank’s net interest income stood at N20.10 billion for the Q3 as against N17.20 billion in 2019, representing a growth of 16.86 …

Securities dealers kick against FG’s unclaimed dividends bill

Stock market halts weekly rally by 2.57% loss   The proposed plan by the Federal Government to manage unclaimed dividends, which is projected to hit N200 billion by the end of this year, has drawn the ire of capital market operators on the adverse effects on investor confidence and future growth of the market.   …

Healthy sleep habits can lower risk of heart failure

Scientists in the United States (U.S.) said adults with the healthiest sleep patterns had a 42 per cent lower risk of heart failure regardless of other risk factors compared to adults with unhealthy sleep patterns.   These are the findings of a new research published yesterday in ‘Circulation,’ a flagship journal of the American Heart …

Efekoha: We must learn how to document our insurance policies

Eddie Efekoha, the Managing Director, Consolidated Hallmark Insurance Plc, in this interaction, speaks on the need for sound business continuity plans by investors and prevailing developments in the insurance sector. SUNDAY OJEME reports   Why is business continuity plan mandatory for investors?   We have recognized that a lot of companies failed in their first …

Budget, constitution top agenda as Senate resumes tomorrow

There are indications that passage of the 2021 Appropriation Bill will top the agenda of the Senate when the apex legislative chamber resumes plenary tomorrow, November 24, 2020.   New Telegraph checks also revealed that the Senate would be busy with bills seeking to further alter the 1999 Constitution of the Federal Republic of Nigeria …

Recession: Yoruba group blames ruling class

As Nigeria officially enters its worst economic recession in over three decades, a Diaspora Yoruba coalition, Yoruba One Voice (YOV) yesterday restated its commitment to selfdetermination, saying Nigeria cannot work under the present arrangement.   In a statement issued by its Secretary- General, Dr. Sina Okanlomo, the group said it was committed to liberating Yoruba …

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