Breaking News in Nigeria Today Monday 7th August 2023
Here are some of the Breaking News in Nigeria Today Monday 7th August 2023 on some of the nation newspapers .
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National Identity: Registered Nigerians hit 101.64m
With 634,603 new National Identification Numbers (NIN) registered in July, 2023, the total number of issued NIN in Nigeria has risen to 101.64 million. The figure increased by 0.63 per cent in July to reach 101,634,603 in Jule from 101 million in June. The National Identity Management Commission (NIMC) recorded decreased enrolment in July compared…
New Telegraph.
Teleommunication: AMN flaunts Nigeria’s success story for expansion
Africa Mobile Networks (AMN) has appreciated its investment in Nigeria as a prelude to making inroad into more countries in sub-Saharan Africa. To this end, it has entered into a commercial agreement to use Starlink, SpaceX’s constellation of low earth orbit satellites, to connect station base of AMN’s mobile network to high-speed, low-latency services, to…
New Telegraph.
PwC: Persistent inflation may hurt Nigeria’s economic growth
Amid the ongoing debate over the pros and cons of the reforms launched since Nigeria’s new President, Bola Tinubu, assumed office on May 29, PricewaterhouseCoopers (PwC) has said that, “continued inflationary growth and rise in the cost of living” may slow the country’s real economic growth in the medium term. The consulting firm, which stated…
New Telegraph.
SEC, PenCom, NGX to host webinar on securities lending
I n line with its commitment to enhance investor participation in the Nigerian capital market, boost secondary market liquidity, and facilitate savings mobilisation to drive economic growth, Nigerian Exchange Limited (NGX) in collaboration with the Securities and Exchange Commission (SEC) and National Pension Commission (PENCOM) is set to hold a Securities Lending Webinar on August…
New Telegraph.
Stockbroker advises parents, students on investment in capital market
Parents and outgoing students of Sofunix International Schools have been urged to cultivate habit of savings in order to create wealth through investment in shares and other securities. Speaking at the 12th Valedictory Service/Graduation Ceremony and Prize Giving Day of the School at Iroko Town, Ogun State recently, a Fellow of Chartered Institute of Stockbrokers…
New Telegraph.
GEN Nigeria takes 150 entrepreneurs for GEC+Africa in Cape Town
GEN Nigeria, the leading organisation in Nigeria committed to promoting entrepreneurship and nurturing the next generation of innovative leaders, has revealed that it will be attending the 2024 Global Entrepreneurship Congress Africa (GEC+Africa) event in Cape Town South Africa with one hundred and fifty entrepreneurs from Nigeria. The disclosure was made at the GEC+Africa Lead…
New Telegraph.
Wall St rises on Amazon boost; bond yields fall
Wall Street rose and bond yields fell on Friday after July jobs data showed a slowing in the U.S. labor market with wage gains, while Amazon’s stellar earnings countered Apple’s tepid sales forecast. Nonfarm payrolls increased by 187,000 jobs last month, Labor Department data showed. Data for June additions was revised lower to 185,000 jobs,…
New Telegraph.
Iyasere resumes as Secretary General of WAICA
The Nigerian Veterinary Medical Association (NVMA) has advised livestock farmers to take insurance coverage from the Nigerian Agricultural Insurance Corporation (NAIC) to regain their losses in the event of outbreak of diseases. NAIC is Federal Government insurance company, set up specifically to provide agricultural risks insurance cover for Nigerian farmers. Dr Olutoyin Adetuberu, National President…
New Telegraph.
Mortgage: PenCom makes progress with housing initiative
The dream of Nigerian workers to own houses has been taken further with recent development by the National Pension Commision’s mortgage initiative. Current details for the scheme revealed that a total of N3.1 billion was paid to 187 Retirement Savings Account (RSA) holders for assessment of residential mortgage as at the end of July 2023….
New Telegraph.
Dangote Cement appoints director
Dangote Cement Plc has appointed Alvaro Poncioni Mérian as independent nonexecutive director. Mérian is the founder & managing partner of EDNAM Capital, United Kingdom, and founder & executive chairman of Munegu Partners, Hong Kong. The appointment was disclosed in an official statement signed by the Acting Company Secretary, Edward Imoedemhe, noting that The Nigerian Exchange…
New Telegraph.
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