The Nation Newspaper Today Headline Wednesday 25th May 2022
The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 25/05/22
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Ecobank gets Excellence in Fintech-Banking Relationship award
Africa Fintech Summit has conferred the “Excellence in Fintech-Banking Relationships” award on Ecobank Group with in recognition of its support for the fintech’s growth on the continent. The bank received the award at the summit’s meeting in Washington DC, United States. The Africa Fintech Summit is a global knowledge-sharing platform for innovators, regulators and entrepreneurs,
My agenda, by CIBN chief
The 22nd President/Chairman of Council, Chartered Institute of Bankers of Nigeria (CIBN), Ken Opara, has unveiled a two-year agenda to transform the institute and banking. Opara, who was sworn in Lagos, said he would bring his over 30 years’ experience in banking, including credit, treasury, retail, consumer and commercial banking, international operations and corporate banking to
Opportunities in cryptocurrency are limitless, says expert
Beyond trading, cryptocurrency and blockchain technology offers vistas of opportunities Nigerians can take advantage of to better their lives, an expert, has said. The expert, Rume Ophi, stated this in an interview in Lagos. Ophi, the founder of CryptoPreacher Blockchain Academy (CPA), said career prospects as well as business opportunities beyond HODLing and other trading
Money laundering: CBN tightens control on MfBs, others
The Central Bank of Nigeria (CBN) has taken steps to protect the financial system from cases of money laundering through Other Financial Institutions (OFIS) such Microfinance Banks (MfBs), Finance Companies, and Discount Houses. The apex bank has, therefore, developed guidance note on anti-money laundering/combating the financing of terrorism (AML/CFT) for other financial institutions (OFIs). CBN
‘Why APC can’t field Jonathan’
A group within the ruling All Progressives Congress (APC) has raised an alarm over possible emergence of former President Goodluck Jonathan as the flagbearer of the party. The group, The APC Watchdog, in a statement issued on Sunday by its National Coordinator, Alhaji Wahab Adewale in Abuja stated that the emergence of Jonathan will not
SEC to tackle identity theft with enhanced system
The Securities and Exchange Commission, has stated that the identity management system being developed by the capital market would tackle the lingering identity management issues while allowing room for scalability as technology evolves. This was stated by the Director General of the SEC, Mr. Lamido Yuguda when he received members of the Committee on Identity
Stockbrokers elect first female principal officer
The Chartered Institute of Stockbrokers (CIS) has elected Mrs Fiona Ahimie as its first female principal officer, breaking a 30-year record of male-dominated exalted position. A statement from the institute indicated that Ahimie won a keenly contested election to become the 2nd Vice President, a position that has put her on the succession lane to
Presco declares N7.6b dividend as profit rises by 277%
The board of directors of Presco Plc has recommended the payment of a dividend per share of N6.60 as final dividend for the 2021 business year. With this, total dividend payout for the 2021 business year stands at N7.60 per share or N7.60 billion, having earlier paid interim dividend of N1 per share. The 2021
‘Start-ups need encouragements to break new ground’
Vitavisco Nigeria Limited, a subsidiary of Vitafoam Nigeria Plc, is one of the pioneer companies creating new innovative products to meet local demand. In this interview, General Manager, Vitavisco Nigeria Limited, Joseph Musa speaks on the operations, challenges and prospects of the company. Tofunmi Sanusi reports From your experience, what are the initial challenges a
2023: APC set for governorship primaries
The All Progressives Congress (APC) is set for tomorrow’s governorship primaries across the country to pick its flag bearers for next year’s election. Correspondents give an overview of what is likely to transpire during the governorship primaries. BISI OLADELE (Ibadan), ABDULGAFAR ALABELEWE (Kaduna), ADAMU SULEIMAN (Sokoto), AHMED RUFA’I (Dutse), KOLADE ADEYEMI (Jos), ADEKUNLE JIMOH (Ilorin), UJA EMMANUEL
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