Tribune Newspaper Headlines Today Monday 6th March 2023
Tribune Newspaper Headlines Today and news Dailies Update on current affairs happening now in Nigeria today 06/03/23
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Oyo APC describes reported endorsement of Makinde’s re-election bid as deception
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Oyo APC describes reported endorsement of Makinde’s re-election bid as deception
Soji Ajibola The All Progressives Congress (APC) in Oyo state has described reported endorsement of Governor Makinde re-election bid as self sponsored which is aimed at misleading the electorate. The report is coming against the background of media report which had it that about three pro-Tinubu groups in the state had ditched the gubernatorial candidate
Oyo APC describes reported endorsement of Makinde’s re-election bid as deception
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Suspected Fulani herdsmen kill three, injured dozen in Edo community
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Suspected Fulani herdsmen kill three, injured dozen in Edo community
‘Suyi Ayodele | Benin The peace of the agrarian community of Sobe in Owan West Local Government Area of Edo State was shattered again, as Fulani herdsmen killed three people and injured dozen others on their farms. Among those killed, Nigerian Tribune gathered, were a pastor and two of his workers, who were working on
Suspected Fulani herdsmen kill three, injured dozen in Edo community
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Navigating the murky waters of cashless policy
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Navigating the murky waters of cashless policy
The cashless policy of the Federal Government has been a subject of sharp criticisms from inception despite its huge benefit to the economy. In this piece, JOSEPH INOKOTONG looks at the attendant challenges from commencement to date. The Cashless policy of the Federal Government, spearheaded by the Central Bank of Nigeria (CBN), arguably has remained
Navigating the murky waters of cashless policy
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Why Tinubu’s win in Oyo won’t stop Makinde
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Why Tinubu’s win in Oyo won’t stop Makinde
With a week to the governorship election, KUNLE ODEREMI examines the usual voting pattern in Oyo State after presidential polls in past elections. IT is another crucial week for Nigeria’s political landscape. As a matter of fact, some persons have borrowed the phrase, the ides of March to depict the significance of the governorship and
Why Tinubu’s win in Oyo won’t stop Makinde
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Wema Bank issues N25bn 16% perpetual fixed rate Tier 1 subordinated bonds
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Wema Bank issues N25bn 16% perpetual fixed rate Tier 1 subordinated bonds
By Chima Nwokoji | Lagos Wema Bank is proposing the issuance of Perpetual Fixed Rate Non-Resettable Additional Tier 1 Subordinated Bonds (hereinafter referred to as “the bonds”) with loss absorption features, totaling about N25 billion to targeted investors. Information from the Nigerian Exchange showed that the bonds are being issued privately to targeted investors
Wema Bank issues N25bn 16% perpetual fixed rate Tier 1 subordinated bonds
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Zenith Bank secures approval-in-principle to operate financial Holdco structure
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Zenith Bank secures approval-in-principle to operate financial Holdco structure
By Chima Nwokoji | Lagos Zenith Bank Plc has announced that the CBN has granted approval-in-principle for it to operate a non-operating financial Holding Company structure. Furthermore, the CBN approved Mr Jim Ovia as the Chairman of Zenith Holdco Plc (in-formation) and for Mr Jim Ovia to also continue as the Chairman of Zenith
Zenith Bank secures approval-in-principle to operate financial Holdco structure
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Banks have significant cash reserve to provide liquidity backstops —CBN
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Banks have significant cash reserve to provide liquidity backstops —CBN
By Chima Nwokoji | Lagos The Central Bank of Nigeria (CBN) has assured that Deposit Money Banks (DMBs) in the country have enough cash saved in their vaults to take care of financial obligations that may arise in the course of their daily business activities. This was made known by members of the Monetary
Banks have significant cash reserve to provide liquidity backstops —CBN
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Naira redesign, cashless policy: Law firm questions role of Bank Neutral Cash Hubs
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Naira redesign, cashless policy: Law firm questions role of Bank Neutral Cash Hubs
By Chima Nwokoji | Lagos As the naira redesign policy of the Central Bank of Nigeria (CBN) passes through different stages of implementation since it was recently reintroduced, a law firm, Banwo & Ighodalo, has questioned the role of Cash Hubs in the economy. The firm, in a position paper seen by Nigerian Tribune,
Naira redesign, cashless policy: Law firm questions role of Bank Neutral Cash Hubs
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Why Nigeria’s trade deficit depressed to $20m in November 2022 —Report
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Why Nigeria’s trade deficit depressed to $20m in November 2022 —Report
By Chima Nwokoji | Lagos The Central Bank of Nigeria (CBN), in its monthly economic report (MER), said Nigeria reported a trade deficit amounting to $20 million in November 2022, which was as a result of lower export receipts from crude oil due to the decline in crude oil prices at the international market.
Why Nigeria’s trade deficit depressed to $20m in November 2022 —Report
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Nigeria’s FATF grey listing could increase costs for bank —S&P Ratings
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Nigeria’s FATF grey listing could increase costs for bank —S&P Ratings
By Chima Nwokoji | Lagos S&P Global Ratings has said that Nigeria’s inclusion in the Financial Action Task Force’s (FATF’s) grey list could raise financial transaction and compliance costs for the Nigerian banking sector and exacerbate already severe foreign currency shortages. The FATF’s grey listing reflects deficiencies identified in Nigeria’s framework for tackling money
Nigeria’s FATF grey listing could increase costs for bank —S&P Ratings
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