Breaking News in Nigeria Today Monday 19th December 2022
Here are some of the Breaking News in Nigeria Today Monday 19th December 2022 on some of the nation newspapers .
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Allianz report unveils imminent threats to insurance firms, boards
The annual D&O report from Allianz Global Corporate & Specialty has lined up two sets of risks that pose the biggest potential threats to companies and their boards in the year ahead. The two lines of risks are macroeconomic risks such as inflation and insolvency, and the situate in the other line are cyber and
Manufacturers import N72bn wheat through Lagos, Rivers ports
Six vessels will ferry 197, 209 tonnes of wheat valued at N72billion ($103million) to Nigerian ports beginning from this week. The country’s millers had ordered for 6.5million tonnes of the grain in 2022 to enable them meet production demand. With the country’s wheat milling capacity at more than 8.2 million metric tonnes, Nigeria is the
Eulogies as ex-Oyo AG, Adebayo, becomes SAN
It was a gathering of who is who in the legal profession as eminent jurists, judges, lawyers, political and business associates, clients, friends and family members recently converged at the ancient city of Ibadan to celebrate and honour a former Attorney General of Oyo State, Asiwaju Mutalubi Ojo Adebayo, as he joined the prestigious rank
Royal rumble: Court affirms Otunba Musa-Adebamowo as head of ruling house
Justice Wasiu Animahun of a Lagos High Court in Epe has affirmed Otunba Musa-Adebamowo as head of Ewade ruling house of Igbooye, Eredo-Epe. Aside from this, the judge equally restrained one, Julius Adenuga Lawal from presenting or parading himself or acting in the capacity of the head of Ewade ruling house of Igbooyeland, Epe. The
Interrogating Northern leaders’ pick of Atiku-Okowa ticket (2)
As noted under this heading of December 12, 2022, the religion-inspired Northern Leaders Consultative Forum had set up a Technical Criteria Committee to achieve three main goals: To rubber-stamp a “rejection” of the All Progressives Congress Muslim-Muslim ticket by Christians; search for excuses to deny support for the New Nigeria Peoples Party (NNPP) and Labour
Joint accounts as LGs albatross
Local govts on verge of extinction over lack of financial, administrative autonomy FELIX NWANERI reports on how the joint accounts run by states and local governments have hindered the councils from meeting the two primary objectives spelt out in the Local Governments Reform of 1976, which are to promote participatory democracy and rapid socioeconomic development
Weekly Wrap-Up: All-Share Index extends rally, up 0.89%
Ending the week, the Lagos bourse maintained the bullish trend for the third consecutive session as the benchmark index closed 0.17 per cent stronger to settle at 49,316.29 points, the highest point since September 21. Buying interests in ZENITHBANK (+2.55%), GTCO (+1.95%) and GEREGU (+3.92%) were the primary drivers of the market performance. Having gained
Digital financial services’ll be mainstream in 10 years –KUDA CEO
Co-founder and Group Chief Executive Officer, Kuda Technologies Limited, Mr. Babs Ogundeyi, has predicted that digital financial services will be mainstream in the next 10 years. In an interview with journalists, Ogundeyi addressed several issues in the Nigerian business and financial services sector, including the impact of financial technology (fintech) on the nation and Africa’s
Prosper Africa to boost African export with $170m
White House’s Prosper Africa initiative has announced an ambitious set of multimillion- dollar investments to boost African exports and infrastructure and mobilise private investment to accelerate African innovation. Prosper Africa is the U.S. Government initiative to increase two-way trade and investment between African nations and the United States. The announcement was made in the
SEC to rebuild e-dividend platform
The Securities and Exchange Commission has stated that efforts are ongoing to rebuild the E-Dividend Management Mandate System (e-DMMS) platform in a sustained effort to drive down unclaimed dividends. This was stated by the Director-General of SEC, Mr. Lamido Yuguda in Abuja. Yuguda said members of the Capital Market Committee had adopted some measures to
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