Breaking News in Nigeria Today : Wednesday 16th June 2021

Breaking News in Nigeria Today Wednesday 16th June 2021

Here are some of the Breaking News in Nigeria Today Wednesday 16th June 2021 on some of the nation newspapers .

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Nigeria News Today Wednesday 16th June 2021

Twitter suspension: Free speech on trial

FELIX NWANERI reports on the recent suspension of Twitter in Nigeria which has raised concerns over free speech as guaranteed by the constitution as well as Internet freedom Has Nigeria returned to the dark days, when freedom of speech was gagged? This is the question on the lips of most citizens, following Federal Government’s recent

A southern candidate should fly PDP’s flag in Anambra – Maduka

Dr. Godwin Maduka is a Peoples Democratic Party (PDP) governorship aspirant in Anambra State. In this interview with OKEY MADUFORO, he speaks on his vision for the state and the party’s chances in the election, among other issues Your party is set to conduct a primary election to elect its candidate for the forthcoming governorship

Zoning should be extended to gender – Onyemelukwe

A female governorship aspirant on the platform of the Peoples Democratic Party (PDP) for the November 6 poll in Anambra State, Lady Chidi Onyemelukwe, has suggested that the zoning arrangement as canvassed by many in Anambra State should be extended to gender and not only geographical zone. Onyemelukwu, who is daughter of Second Republic Vice-President,

CBN’s digital currency as antidote to cryptocurrency

The Central Bank of Nigeria (CBN)’s proposed digital currency may help to silence critics of the apex bank’s tough stance on cryptocurrencies, writes TONY CHUKWUNYEM In early February this year, the Central Bank of Nigeria (CBN) ruffled feathers in some quarters when it issued a circular directing deposit money banks (DMBs), non-bank financial institutions (NBFIs)

AfDB’s IDEV beats 2020 evaluation targets

The Independent Development Evaluation (IDEV) function at the African Development Bank (AfDB) delivered a record 20 evaluation products in 2020, exceeding its targets and contributing to learning and accountability on achievement of the Bank’s High-5 strategic priorities, according to its 2020 Annual Report released on 25 May 2021. The IDEV is an independent function tasked

Fitch assigns GTB Ghana ‘B’ rating with stable outlook

Ratings agency, Fitch, has assigned Guaranty Trust Bank Ghana, a Long- Term Issuer Default Rating of ‘B’ with a stable outlook. In a statement, the agency said that the ratings consider the concentration of the bank’s opera-tions in the challenging operating environment, its small market shares and customer deposits, high credit concentrations and ambitious growth

Firm joins Visa Fintech Partner Connect

Fintel Connect, a performance marketing technology company for fintechs and financial services, has joined the Visa Fintech Partner Connect programme. This service connects Visa’s clients with a curated list of technology providers, according to a press release. Fintel Connect offers a solution to help fintechs and financial service companies acquire customers with tools such as

Increased domestic investors key to market growth

With the continuous exit of foreign investors due to prolonged economic downturn, it becomes expedient to improve local investors’ participation. CHRIS UGWU writes Against the backdrop of the current situation where it is still expected that foreign investors should continue to be dominant players in the nation’s local bourse, market watchers are worried that if

Tariff increase places importers in dilemma

There is apprehension among importers that there will be cargo shortfall in the third and fourth quarters of 2021 following the increasing exchange rate, BAYO AKOMOLAFE reports As Nigeria Customs Service (NCS) commences implementation of the new exchange rate introduced by the Central Bank of Nigeria (CBN) to process imports coming into the country, shippers

Maritime Academy takes delivery of training equipment

The Maritime Academy of Nigeria (MAN), Oron, has taken delivery of an Helicopter Underwater Escape Training (HUET) equipment, which will enable the academy run courses and training for offshore operations in Nigerian oil and gas sector. The training equipment is important for anyone who flies an helicopter. It is a necessary training for members of

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