Breaking News in Nigeria Today : Monday 22nd February 2021

Breaking News in Nigeria Today Monday 22nd February 2021

Here are some of the Breaking News in Nigeria Today Monday 22nd February 2021 on some of the nation newspapers .

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Nigeria News Today Monday 22nd February 2021

Ayenakin: We need reform for effective justice system

Mr. Banjo Ayenakin in this interview with BABATOPE OKEOWO, expresses regrets that implementing judgments in Ondo State has become a herculean task   What does it look like to enforce judgement in Ondo State? It has not been different. I am very sorry to say, even when you have a Senior Advocate of Nigeria as

AM Best awards Custodian & Allied stable outlook To

AM Best Rating Services has awarded a bb+ Stable outlook to Custodian and Allied Insurance Limited in the current year after an independent analysis of its operations.   According to AM Best, “the stable outlook reflects AM Best’s view that the balance sheet strength is expected to remain underpinned by the strongest level of risk-adjusted

NAICOM tasks insurers on use of technology

The National Insurance Commission (NAICOM) has advised operators in the insurance sector to embrace technology if in order to grow their business.   The Commissioner for Insurance, Mr Sunday Thomas, while addressing the stakeholders, lamented the declining participation of local insurers in big ticket businesses due to lack of technology.   He said: “The industry

Meyer sustains loss on rising costs

Weak macro-economic environment and its multiplier effect on business operating environment is taking a toll on profit margin of Meyer Paints Plc. CHRIS UGWU writes      The marketing environment has continued to be turbulent in Nigeria, especially for the manufacturing sector due largely to the effect of international oil price, infrastructural challenges, multiple taxation

AfDB hires Nigerian as risk officer

African Development Bank (AfDB) has appointed Ifedayo Orimoloye as its Group Chief Risk Officer (GCRO).   The bank said in a statement that the appointment would be effective April 1, 2021. Orimoloye will lead the preparation and implementation of strategic plans within the bank’s overall risk management framework, including its risk appetite statement, credit risk,

Stock market extends weekly downturn by 0.63%

Equities trading on the floor of the Nigerian Stock Exchange (NSE) further recorded weekly decline as the NSE All- Share Index and Market Capitalisation depreciated by 0.63 per cent and 0.61 per cent to close the week at 40,186.70 and N21.026 trillion respectively.   Similarly, all other indices finished lower with the exception of NSE

It’s wrong to say certain people are unfit to govern Nigeria – Lawani

Chief Stephen Lawani is the immediate-past Deputy Governor of Benue State. In this interview, he speaks on the ongoing All Progressives Congress (APC) membership revalidation exercise in the state, appointment of new Service Chiefs and insecurity in the country. CEPHAS IORHEMEN reports   How would you assess the ongoing revalidation and re-registration exercise of the

SEC tasks senior bankers on younger generation

Senior bankers in the nation’s banking sector have been urged to mentor the younger generation so as to ensure sustainability, safety and soundness in the banking and finance industry.   Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda, gave the advice at the relaunch of the CIBN Mentoring Scheme, with the theme,

WTO: Okonjo-Iweala’s appointment positive development

Dean, Ghana Armed Forces Command and Staff College (GAFSC), Dr Vladimir Antwi-Danso, has welcomed the appointment of Nigeria’s Dr Ngozi Okonjo- Iweala as the new Director- General (DG) of the World Trade Organisation (WTO).   He noted that Dr Okonjo- Iweala’s appointment was a plus for both Nigeria and Africa. Speaking with the Ghana  News

Uzodinma to Okorocha: Your silence over Orlu crisis suspiciouS

Governor of Imo State, Senator Hope Uzodinma has urged authorities to investigate Senator Rochas Okorocha for possible complicity in a crisis rocking Orlu community in the state.   The governor, who spoke through his Attorney-General and Commissioner for Justice, Chief Cyprian Akaolisa also accused a whitegarment church, Cherubim and Seraphim, Sabbath Missions, saying hoodlums perpetrating

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