The Nation Newspaper Today Headline Wednesday 16th November 2022
The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 16/11/22
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National Theatre remodeling presents endless possibilities, says CBN
The Central Bank of Nigeria (CBN) has said the remodeling of the National Arts Theater presents endless possibilities for the creative industry. CBN Deputy Governor, Financial System, Stability, Mrs. Aisha Ahmad, disclosed this yesterday during the commissioning of the renovated National Theatre in Lagos. She said the theatre is now a good place for Information
Cash to e-money deals push merchant payment to $66b
Merchant payment in Africa stood at $66 billion in 2021, a 94 per cent rise from its2020 figures. The transaction rise is attributed to e-payment users change from cash to e-money in show of confidence in the payment system. The Central Bank of Nigeria and other financial sector regulators across Africa are focused on getting
Why Credit Reporting Act implementation is key, by CBN
The Central Bank of Nigeria (CBN) has explained the essence of establishing the Credit Reporting Act and impact of its implementation to businesses and economy. CBN Director, Corporate Communications Department, Osita Nwanisobi, said the Credit Reporting Act implementation was meant to institutionalise a business-friendly environment where businesses could thrive seamlessly, particularly the Micro, Small and
Stakeholders advocate sound corporate governance to attract investors
To achieve a sustainable and stable fintech ecosystem, operators in the industry have been advised to put in place sound corporate governance principles and policies and also package their business proposals to attract potential investors. This was the opinion of speakers at the second edition of Ecobank Fintech Breakfast Series held at Ecobank Pan African
Stocks where investors gain, lose money
Beyond the general market outlook, there is a different market for every investor, reports Deputy Group Business Editor Taofik Salako The overall market position usually plays a trick on many investors. A blend of several movements and dynamics, when the overall market position is up, there is the euphoria of a generally rising market and
Epidemic looms in FCT over Idu’s filthy dumpsite
Despite Abuja’s aesthetic appeals, architectural design and serenity, the nation’s capital has its ugly sides. One of such ugly sides of the Federal Capital Territory (FCT) is the Idu dumpsite, which serves as the central refuse dump for all the household and industrial wastes in the capital city. In this report, GBENGA OMOKHUNU warns that
Push for efficient storage system
While global food prices may be falling in Europe and United States, those of Nigeria and the rest of Africa are soaring. Analysts attribute this to inadequate storage capacities and logistical infrastructure for agricultural commodities. DANIEL ESSIET reports. Food prices worldwide have repeatedly fallen this year, data from the United Nations Food and Agriculture Organisation
Military officers’ wives empower widows, orphans
NIGERIAN Armed Forces Resettlement Centre Officers’ Wives Association (NAFRCOWA) has empowered 48 widows and orphans with equipment, and seed fund for small business. The empowerment followed a 12-week training for beneficiaries on catering, leather works, fashion designing, hair styling and make-up arts, among others. It was learnt NAFRCOWA donated hair dryers, ovens, mixers, electric kitchen
‘Why Edo banned petroleum task force’
Edo State Commissioner for Mining and Energy, Ethan Uzamere, has said the Godwin Obaseki’s administration banned the task force on petroleum products’ sale and monitoring over abuse of privilege by members. He said the task force was extorting owners of filling stations, which he described as unacceptable. The commissioner said in Benin that with the
NBA lauds Fed Govt on mandatory health insurance
NIGERIAN Bar Association (NBA) has lauded the Federal Government for making health insurance mandatory for Nigerians in the National Health Insurance Authority (NHIA) Act signed in May by President Muhammadu Buhari. It noted that compulsory health insurance would ensure poor and vulnerable Nigerians access qualitative healthcare, and ensure productivity, leading to economic growth. NBA President,
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