Breaking News in Nigeria Today : Monday 6th March 2023

Breaking News in Nigeria Today Monday 6th March 2023

Here are some of the Breaking News in Nigeria Today Monday 6th March 2023 on some of the nation newspapers .

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Nigeria News Today Monday 6th March 2023

10th NASS: Race for Senate presidency begins

It promises to be an interesting contest for the leadership of both houses of the 10th National Assembly, particularly the Senate, which would be inaugurated in June as some power blocs within the All Progressives Congress (APC) are already positioning their favourites. FELIX NWANERI reports There are indications that the jostle for the leadership of

From Shagari to Tinubu: How presidents emerged since independence

A Nigerian president is not only a head of state but the commander-in- chief of the nation’s armed forces. FELIX NWANERI reports on how the country’s elected leaders have emerged since independence The 2023 general election that held on February 25 was the eleventh national poll to elect Nigeria’s leader since the nation gained independence

Shittu: Revenue generation is hampering FG’s 48-hour cargo clearing target

The Managing Director, Skelas Nigeria Limited, Prince Olayiwola Shittu, who is also a former President of Association of Nigerian Licensed Customs Agents (ANLCA), in this interview with BAYO AKOMOLAFE, speaks on Nigeria’s freight forwarding sector and other issues in maritime industry From your experience in other countries, would you categorise Nigeria as a truly maritime

Navigating fundamental factors in stock choices

A guide to 2023 market approach Many investors analyse stocks based on their fundamentals— such as their revenue, valuation, or industry trends—but fundamental factors aren’t always reflected in the market price. Technical analysis seeks to predict price movements by examining historical data, mainly price and volume. It helps traders and investors navigate the gap between

Nigerian airlines jostle for lucrative Hajj operations

About eight Nigerian airlines are jostling to land the very lucrative Hajj exercise. The airlines are Azman, Max Air, United Nigeria Airlines, Aero Contractors, ValueJet Arik, and Sky Power Express. The mouth-watering 95, 000 intending 2023 Hajj exercise is one many carriers look forward to because of how lucrative it is to airlines. New Telegraph

Telecoms: 99% Nigerians still out of 5G network

Since it was launched in September, 2022, about six months ago, more than 99 per cent Nigerians are yet to enjoy 5G network as not up to one per cent of the population is hitherto covered by the network. According to the Nigerian Communications Commission (NCC), only 60,000 out of about 220 million Nigerians have

Charges: PMS importers pay N89.1bn for lightering, others

Fuel importers have paid N89.1billion on lightering expenses and other charges on 24.8billion litres of Petroleum Motor Spirit (PMS) to agencies in the port. The charges were paid to Nigerian Port Authority (NPA) and Nigerian Maritime Administration and Safety Agency (NIMASA) in the last one year. Lightering is the process of transferring cargo between vessels

Weekly Wrap-Up: All-Share Index closes positive, up 1.06%

In the last trading session of last week, the domestic bourse succumbed to sell pressure as the All-Share Index declined by 0.25% to close at 55,529.21 points. Sell-off in SEPLAT (-9.43%) and GTCO (-0.75%) drove the market’s weak performance. Having gained in three of five trading sessions in the week, the ASI closed 1.06 per

SON retires director

A director at the Standard Organisation of Nigeria (SON), Dr (Mrs) Omolara Okunlola (nee Baderinwa) has retired after a meritorious service. Okunlola obtained a degree in food science and technology from University of Nigeria Nsukka, master and doctoral degrees in microbiology from the University of Ibadan. She started her career in the organisation as a

Mortgage firm gets MD

Infinity Trust Mortgage Bank Plc has appointed Sunday Olumorin as its managing director. A statement by the bank explained that he succeeded Olabanjo Obaleye, who has completed his tenure as the managing director. It added that the appointment was in line with the bank’s succession plan and had been confirmed by Central Bank of Nigeria.

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