Breaking News in Nigeria Today Wednesday 28th September 2022
Here are some of the Breaking News in Nigeria Today Wednesday 28th September 2022 on some of the nation newspapers .
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2023 Elections: Fireworks as campaigns begin
The stage is set for an interesting contest for Nigeria’s number one position in the forthcoming general election as the various political parties kickstart their campaigns for the 2023 general election today. FELIX NWANERI reports Activities towards the 2023 general election will enter a critical stage today with the commencement of campaigns in line with
Kano Killing: When Reps moved against domestic violence
The House of Representatives last week passed a motion condemning domestic violence and called for an investigation into the gruesome murder of a Nigerian lady by a Chinese resident in Kano state. PHILIP NYAM reports Domestic violence seems to be on the increase in Nigeria and is a source of worry to many Nigerians. Article
CBN: Pushing credit growth to boost economic recovery
Propelled by policy measures introduced by the Central Bank of Nigeria (CBN) to boost economic growth, banking system credit growth continues to accelerate to record highs, writes TONY CHUKWUNYEM In its latest “Money and Credit Statistics” released last week, the Central Bank of Nigeria (CBN) shows that banks’ credit to the private sector rose by
CBN’s development finance interventions and monetary policy
I was at a forum recently where concerns about the Central Bank of Nigeria’s development finance interventions were raised. A few stakeholders at the forum appeared to have some understanding of the nature and essence of the interventions and hence expressed support for them. But many others apparently did not. This group was very critical
Nigeria’s quest for economic growth via shipping
Nigeria and other countries have resolved to commence a shipping line, which would provide cabotage, passenger services and goods haulage in the first quarter of 2023, BAYO AKOMOLAFE reports There is move by Nigeria, Equatorial Guinea and Sao Tome and Principe to boost intra-African trade and reduce transportation costs from the first quarter of 2023
Demand for container ships to hit 10% in 2023
The global shipping body, Baltic and International Maritime Council (BIMCO) has said that the demand for containerships would increase by 10 per cent in 2023 as ship owners were going ahead to implement the International Maritime Organisation (IMO) 2023 regulations. According to BIMCO, meeting Energy Efficiency Existing Ship Index (EEXI) and achieving a good Carbon
Terminal operators fret over delay in concession pact renewal
Sixteen years after, Seaport Terminal Operators Association of Nigeria (STOAN) has condemned the delay in renewal of the concession agreements by the Federal Government. It noted that the delay was a negative signal to the international communities about doing business in Nigeria. The association added that all terminal operators in the country had surpassed the
NACCIMA laments Nigeria’s descent to stagflation
Following the National Bureau of Statistics (NBS) report that Nigeria’s inflation rate had increased to 20.52 per cent from 19.64 per cent, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has reported that the economy is currently suffering stagflation amidst rising unemployment and increasing food prices in the country. Specifically, NACCIMA
Grant: FG, EU, AFD tackled over N103.76bn electrification project
The Chairman/Managing Director of Mania Communication Limited, (an electrical and electronics engineering company), Engineer Amoo Shina, has urged the European Union, (EU) the French Development Agency (AFD) the Federal Government of Nigeria (FG) and the Transmission Company of Nigeria (TCN) to ensure that the N103.76 billion electrification project is executed well and applied according to
Kwara Yoruba reiterates demand for merger with S’West
STEPHEN OLUFEMI ONI reports on the historic convergence of the crème de la crème of Kwara Yoruba at home and in the Diaspora on the Omo Ibile Igbomina House at Ganmo in Ifelodun Local Government Area of Kwara State where they reiterated their age-long demand for merger with their kith and kin in the South
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