The Nation Newspaper Today Headline Monday 18th October 2021
The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 18/10/21
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WBG reviews $157b support to Nigeria, others
The World Bank Group (WBG) has assessed its $157 billion support given to Nigeria and other developing economies to fight COVID-19 pandemic. Nigeria got $3.4 billion support from the bank in May to strengthen the economy and support recovery from the pandemic. Speaking to the bank’s development committee at the end of the World Bank/International
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It’s mixed fortunes over rising crude price
Rising oil price improves the prospects of Nigeria’s budget implementation but it may also stoke inflation and increased hardship on the average Nigerian, in a delicate balancing for a country whose major export is crude oil and import is refined petroleum products. Oil prices spiralled to three-year high above $85 per barrel at the weekend,
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Financial frauds soar by 186% via e-payment
Frauds by some unscrupulous elements recorded 186 per cent increase from 16,128 to 46,126 while bank customers transferred a total of N771.9 billion over their mobile devices in September. This is as Nigerians explore electronic or e-payment platforms to transact businesses. According to the fraud report from the Nigeria Inter-Bank Settlement System (NIBSS), the criminals
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Quickteller Paypoint rewards agents
Quickteller Paypoint, the agency banking service of Interswitch Financial Inclusion Services (IFIS), has celebrated its Customer Service Week themed “Power of service”. The company recognised 40 agents in the four regions in Nigeria. The agents drawn from Lagos, Abuja, Ibadan and Port Harcourt were celebrated for their excellent service delivery and constant dedication to ensuring
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‘Islamic finance cheaper’
The cost of Islamic finance is cheaper compared with the conventional banking and finance system, Abdul-Jabbar Oyekan, Founder, Yahshud, an online Islamic crowdfunding platform, has said. Oyekan said this became apparent during the outbreak of COVID-19 pandemic last year when finance was either elusive or expensive due to the non-performance of the economy. He said
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Taxaide holds Africa Data Security Conclave
The Second Africa Data Security Conclave (ADSC) has held, riding off on the success of the premier conference held last October which received great acceptance from the public and had in attendance over 500 participants across Africa. The theme of the session was: “Data Security Considerations for a Continental Free Trade Area: The Challenges and
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StanChart rewards customers in new campaign
Standard Chartered Bank (StanChart) has launched Bank More Score More, a campaign targeted towards rewarding clients of the bank with authentic Liverpool FC-branded merchandise. Clients of the bank stand the chance to win amazing prices, including a once in a lifetime trip to Anfield to watch LFC play, when they open an account through our
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PSL Capital rebrands to Parthian Securities
PSL Capital Limited, an indigenous broker/dealer firm, has completed a strategic rebranding. At the core of the rebrand is a change of the company name to Parthian Securities Limited and an update to the corporate logo and domain name. Over the past five years, Parthian Securities Limited has cemented its status as a market leader
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FMDA committed to safe, liquid financial markets, says Adeyemo
Insuring the growth of safe, liquid and financial efficient markets in Nigeria remains a priority for the Financial Markets Dealers Association of Nigeria (FMDA), its President, Bayo Adeyemo has said. Speaking at the yearly FMDA conference held in Lagos, he said that such growth would make the Nigerian financial markets strong and reliable partner to
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Ozigbo to FG: release IPOB leader to end problems in Southeast
The governorship candidate of the People’s Democratic Party (PDP) Mr Valentine Ozigbo has called on the Federal Government to release Nnamdi Kanu, leader of the Indigenous People of Biafra to end the problems in the Southeast However, he declared that a different approach should be adopted in addressing the agitations for self-determination in the country.
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