Breaking News in Nigeria Today : Monday 5th December 2022

Breaking News in Nigeria Today Monday 5th December 2022

Here are some of the Breaking News in Nigeria Today Monday 5th December 2022 on some of the nation newspapers .

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Expert seeks collaboration in creating awareness on insurance benefits

As stakeholders in the insurance sector seek to improve on the industry’s penetration profile, a financial expert has advised on the need for an elaborate campaign about the positives in the sector.   Delivering a paper themed, “Media As Catalyst For Insurance Inclusion,” at the Insurance Industry Consultative Council (IICC) event organised for members of

Polaris Bank promotes SMEs with ‘The Fashion Souk’ sponsorship

Polaris Bank has reaffirmed its commitment to support the growth of Small and Medium Enterprises (SMEs) in Nigeria. The bank in a statement gave this assurance while disclosing plans to sponsor The Fashion Souk 7.0. The statement further noted that three successful entrepreneurs, who emerge winners in a business pitch at the event, would go

Jumia discloses profit growth by 6% in Q3’22

Jumia Nigeria, an e-commerce platform, on Friday said it recorded gross revenue of 50.5 million dollars in the third quarter from the 47.6 million dollars reported in the preceding quarter. Mr Francis Dufay, Acting Chief Executive Officer, Jumia, in a statement in Lagos, said the company recorded a six per cent increase in profit within

Wema Bank school trains 156 SMEs’ operators in Port Harcourt

Small and Medium Enterprise (SME) owners and other participants at the just-concluded Wema Bank’s SME Business School, held in Port Harcourt, have lauded the bank for the capacity development initiative.   According to a press release, a total of 156 participants comprising SME customers and non-customers of the bank attended the 4th edition of the

Report: Nigeria’s PMI rose to 54.3 in November

Stanbic IBTC Bank’s Nigeria Purchasing Managers’ Index (PMI), which is compiled by S&P Global, rose to 54.3 in November from 53.6 in October, according to a report issued by the lender. The report stated that business conditions continued to  improve significantly in the Nigerian private sector during November amid improving demand and higher customer numbers,

Fast-tracking justice delivery

Why delay in justice delivery persists, by lawyers The Chief Justice of Nigeria (CJN), Justice Olukayode Ariwoola, recently linked the twin problem of cases congestion and slow pace of justice delivery system to the unprofessional conducts of lawyers. The allegation has however sparked mixed feelings among members of the wig and gown. TUNDE OYESINA reports

Adhere to code of ethics, NICArb tells newly inducted members

About a thousand qualified individuals have been inducted into the Nigerian Institute of Chartered Arbitrators (NICArb), as newly certified members of the Institute. This development was made public through a statement issued by the Institute’s Registrar and Chief Executive Officer (CEO), Shola Oshodi- John, who said the induction took place at her 2022 Annual Investiture

Ilodianaya: Economic recession in developed countries’ll increase FDIs in Nigeria

The CEO, SFS Capital Nigeria Limited, Patrick Ilodianya, in this interview with Abolaji Adebayo, speaks on likely economic boom in Nigeria soon through foreign direct investment if the 2023 election provides a friendly atmosphere     What is the state of the investment landscape in Nigeria? The investment landscape in Nigeria is very interesting with

Interswitch: Regional breakfast session

Africa’s leading integrated payments and digital commerce company, Interswitch, has hosted representatives of commercial banks, micro-finance banks, fintechs and other stakeholders to an insightful breakfast session in Lagos where they were introduced to a plethora of innovative products and solutions designed by the company to transform the payment ecosystem. The session, which was held at

SystemSpecs’ boss wins lifetime achievement award

The Group Managing Director (GMD), SystemSpecs Holdings, Mr. John Obaro, was bestowed the “Lifetime Achievement Special Award” at the recent Chief Information Officer (CIO) Awards for his decades of outstanding stewardship and selfless contribution to the development of ICT space in Africa, according to a press release. This follows a similar development a few weeks

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