The Nation Newspaper Today Headline Monday 8th March 2021
The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 08/03/21
Read also
What Caused the Bitcoin Price to Increase?
Reaching the price value of $22,000 was absolutely not an overnight walk in the park for bitcoin. The 11 years of struggle, various price fluctuations, multiple successes, and their comparable losses; all contributed to make bitcoin the first and largest profitable cryptocurrency. Either it’s the dollar crisis, globally financial drawbacks, or a novel pandemic, nothing
Mistakes You Need to Avoid While Trading Bitcoin
Nowadays, the bitcoin trade has attracted the attention of traders. This is especially interesting for those who are about to embark on their first journey in the world of crypto because the bitcoin trade can give traders a very lucrative income. But for that, traders must have thrilling potential. Oftentimes, some traders forget the basic
Digital payment as enabler for SMEs
Small and medium enterprises are acknowledged as the fulcrum of an economy. Largest employers and biggest sector, micro, small and medium enterprises have become important in the ‘new normal’ of COVID-19 pandemic, and they will become more decisive in the post-COVID -19 competitive global markets. In this report, Deputy Group Business Editor, Taofik Salako, examines
NNPC, Danfodiyo varsity to collaborate on energy development
By Muyiwa Lucas The Nigerian National Petroleum Corporation (NNPC) and the Usmanu Danfodiyo University, Sokoto, have pledged to collaborate on the development of energy inter-conversion and storage as a catalyst for Nigeria’s economic development and transformation. Group Managing Director of the NNPC, Mallam Mele Kyari, and the Vice Chancellor of the University, Professor Lawal
‘How to overcome liquidity crisis for airlines’
By Kelvin Osa-Okunbor The Economic Commission for Africa (ECA) and the African Airlines Association (AFRAA) have offered prescriptions on how pandemic-wrought carriers in Africa could overcome liquidity crisis. The two continental bodies said they will continue to push for direct government for airlines. With an estimated revenue loss of over $10.21 billion in 2020
Nigeria’s crypto market has strong self-regulation, say stakeholders
By Lucas Ajanaku Nigeria remains one of the safest crypto markets in the world, Stakeholders in Blockchain Association of Nigeria (SiBAN) said over the weekend. Its President, Senator Ihenyen, said the market’s link with criminals is not a surprise for cryptocurrency exchanges. It is a reality many of them have taken measures to address.
NSE lists TSL’s N12b infrastructure bond
Transport Services Limited (TSL) has listed its N12 billion infrastructure bond on the Nigerian Stock Exchange (NSE). The bond is the first 10-year bond issuance by any company in the transportation and logistics sector. The TSL 10 per cent 10-Year Series 1 Senior Guaranteed Fixed Rate Infrastructure Bond Due 2030 was issued the company’s N50
Cutix creates 1b new shares
Shareholders of Cutix Plc have approved resolutions increasing the authorised share capital of the company through creation of additional one billion ordinary shares of 50 kobo each. At an Extraordinary General meeting (EGM), shareholders approved the increase in authorised share capital of the wire and cable company from N1.436 billion consisting of 2.872 billion ordinary
Mutual funds rise by N830b to hit N1.43tr
Total number of registered mutual funds in Nigeria rose from 76 in 2019 with net asset value (NAV) of N600 billion in 2019 to 102 mutual funds with NAV of N1.43 trillion by February 19, 2021. A breakdown showed that 56 of the registered mutual funds are listed on the Nigerian Stock Exchange (NSE) with
Nigeria, AfDB partner on risk-based supervision for capital market
By Taofik Salako, Deputy Group Business Editor Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) and African Development Bank (AfDB) Group at the weekend signed an agreement on the Nigeria risk based supervision framework implementation and capacity building project. The agreement involves the improvement of the Nigerian capital market regulators’ capacities in risk
Read also
You can also check
