Breaking News in Nigeria Today Monday 2nd August 2021
Here are some of the Breaking News in Nigeria Today Monday 2nd August 2021 on some of the nation newspapers .
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Tantalizers reports N58m HY’21 loss
Tantalizers Plc has reported a loss after tax of N57.604 million for the half year ended June 30, 2021, as against a loss of N135.113 million posted in 2020. However, the company’s revenue grew by 41.94 per cent, from N433.826 million as against N615.780 million posted in 2021. Cost of sales stood at N385.420
FBNQuest: Persistent current account deficit affects naira
Nigeria’s persistent current account deficit is putting additional pressure on the country’s exchange rate as well as it external reserves, analysts at FBNQuest Research have said. In a report obtained by New Telegraph, yesterday, the analysts also stated that while Nigeria’s currentaccount deficit narrowed in Q1’21 from -4.7 per cent to -1.8 per cent
2023: Atiku on the march again
Former Vice President Atiku Abubakar has never hidden his ambition to lead Nigeria and has made four unsuccessful attempts at it. He is yet to declare for the 2023 presidency but recent developments show that he is likely to take another shot the country’s number one position, FELIX NWANERI reports The 2023 presidential election
Why ADC is the party to beat in Anambra – Nwosu
Chief Ralph Okey Nwosu is the National Chairman of the African Democratic Congress (ADC). In this interview, he speaks with journalists on the forthcoming governorship election in Anambra State and other current political issues. WALE ELEGBEDE reports You recently told journalists in Abuja that the All Progressives Congress (APC), Peoples Democratic Party
Mabogunje: We expect economic growth from non-oil sector in subsequent quarters
The President, Lagos Chamber of Commerce and Industry (LCCI), Mrs Toki Mabogunje, a lawyer, in this interview with TAIWO HASSAN, bares her mind on the challenges facing the Nigerian economy, especially with COVID-19, forex crisis, insecurity and interest rate, among others What is your assessment of the global economic development in half year 2021?
Excitement as call to Bar of new wigs swell lawyers’ rank
TUNDE OYESINA writes on the upsurge in the number of lawyers in the country owing to the recent call to Bar of 4,350 aspirants who attained success in their Bar examinations The number of lawyers in Nigeria had risen to 197,015, as the Body of Benchers on July 27, 28 and 29, 2021, called
Ikeja Hotel: COVID-19, competition stifle earnings
Increasing cost of operations, stiff competition and effect of COVID-19 have impacted negatively on the profit margin of Ikeja Hotel Plc, writes CHRIS UGWU Despite the hospitality industry being perceived as booming in Nigeria with quality and classifications, the industry has also continued to grapple with a mixture of positive and negative effects.
FG’s delay stalls $500m Chinese funded airport terminal
POSTPONEMENT The terminal completion date had been shifted several times There are indications that the delay in the completion of the multi-billion naira new terminal at the Murtala Muhammed International Airport, Lagos, has been stalled over Nigeria’s alleged delay in implementing its own part of the loan deal from China for the project, which
5G: Telcos seek reduction in cost of spectrum
As Nigeria continues preparations towards the deployment of 5G technology, telecommunications operators in the country have called for a reduction in the cost of the spectrum, which is to be issued by the Nigerian Communications Commission (NCC) for the service. According to the Chairman of the Association of Telecommunications Companies of Nigeria (ATCON), Ikechukwu
Promo: Fidelity Bank rewards 15 customers with N39m
In its commitment to reward loyal customers for maintaining a savings habit, Fidelity Bank Plc has presented cash gifts worth N39 million to lucky customers at the closing ceremony of the Fidelity Bank’s Get Alert in Millions (GAIM) Promo. Held at the bank’s head office in Lagos recently, the event was conducted in the
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