Tribune Newspaper Headlines Today Monday 14th August 2023

Tribune Newspaper Headlines Today Monday 14th August 2023

Tribune Newspaper Headlines Today and news Dailies Update on current affairs happening now in Nigeria today 14/08/23

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Oyo monarch decries incessant land grabbing cases, seeks police intervention

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Oyo monarch decries incessant land grabbing cases, seeks police intervention
Olubadan of Ibadanland, Oba Senator Lekan Balogun has expressed concern over reported cases of land grabbing, soliciting the assistance of the state police command. Oba Balogun has asked the State Police Command to work hand in hand with the traditional institution in Ibadanland comprising the Olubadan Palace, the members of Olubadan Advisory Council, Mogajis and
Oyo monarch decries incessant land grabbing cases, seeks police intervention
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Tinubu’s tax reforms and ending overreliance on borrowing to fund expenditure

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Tinubu’s tax reforms and ending overreliance on borrowing to fund expenditure
Abuja Bureau Chief, LEON USIGBE, writes on President Bola Tinubu’s goal to end overreliance on borrowing to fund government expenditure with the establishment of the Presidential Committee on Fiscal Policy and Tax Reforms. LAST week Tuesday, President Bola Tinubu inaugurated the Presidential Committee on Fiscal Policy and Tax Reforms headed by Taiwo Oyedele, with the
Tinubu’s tax reforms and ending overreliance on borrowing to fund expenditure
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Nasarawa: ALGON chair tasks commissioner-nominees on development

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Nasarawa: ALGON chair tasks commissioner-nominees on development
Nasarawa Chairman of Association of Local Government of Nigerian (ALGON) Alhaji Aminu Muazu Maifata, has tasked commissioner-nominees to key into the developmental agenda of Governor Abdullahi Sule to shun actions capable of making them agents of underdevelopment as they were about to be sworn in. Maifata urged them to rather focus on excellent service delivery
Nasarawa: ALGON chair tasks commissioner-nominees on development
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Key trends in global insurance growth

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Key trends in global insurance growth
Insurers, like all businesses, need to be adept at assessing the challenges and navigating risks across a spectrum of issues in an increasingly uncertain world. In this report, JOSEPH INOKOTONG presents the Insurance Growth Report 2023 by Clyde & Co, which looks back at what drove insurers’ growth activity last year and pulls out key
Key trends in global insurance growth
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Insider loans stir concerns among bank stakeholders

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Insider loans stir concerns among bank stakeholders
SOME analysts and stakeholders in Nigeria’s banking industry have raised concerns over insider-related loans. Specifically, they are concerned that the recent depreciation of the country’s foreign exchange has led to the reduction in the real value of banks’ share capital, eroded the ability of banks to finance big-ticket transactions, underscoring the need for banks’ recapitalisation.
Insider loans stir concerns among bank stakeholders
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Demand to moderate bond’s stop rates as DMO issues bonds worth N360bn

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Demand to moderate bond’s stop rates as DMO issues bonds worth N360bn
THERE are expectations that bond’s stop rates will moderate amid robust demand as the Debt Management Office (DMO) is poised to issue bonds worth N360 billion, encompassing various maturities. These include the 10-year, 14.55 percent Federal Government of Nigeria (FGN) April 2029 (10-Yr Re-opening) valued at N90 billion, the 10-year, and 14.70 percent FGN June
Demand to moderate bond’s stop rates as DMO issues bonds worth N360bn
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NAICOM latches on $25trn global Takaful insurance for market expansion

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NAICOM latches on $25trn global Takaful insurance for market expansion
THE National Insurance Commission (NAICOM) has said that it is exploring the global Takaful insurance market, which is expected to hit $25 trillion in 2025 to deepen the country’s insurance market penetration. This was disclosed by the Commissioner for Insurance (CFI), Mr. Sunday Thomas who was represented by the Deputy Commissioner, Sabiu Abubakar at a
NAICOM latches on $25trn global Takaful insurance for market expansion
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UBA sets target of 15% total deposit market share

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UBA sets target of 15% total deposit market share
FOREMOST pan-African bank, United Bank for Africa Plc (UBA)  has set a strategic goal of being a leading bank that has more than 15 percent of the total deposit market share and being among the top three most profitable banks in Nigeria. In this regard, the lender plans to make UBA a bank of choice
UBA sets target of 15% total deposit market share
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Bankruptcy action by Access Bank: Seplat served interim court order

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Bankruptcy action by Access Bank: Seplat served interim court order
SEPLAT Energy has announced that it was served with ex parte interim court orders which were granted by the Federal High Court sitting in Lagos on August 8. The orders related to a bankruptcy court action instituted by Access Bank Plc against Dr A.B.C Orjiako, for the recovery of an outstanding loan amount that forms
Bankruptcy action by Access Bank: Seplat served interim court order
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Thompson, Agboola, Amos bow out of NAICOM

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Thompson, Agboola, Amos bow out of NAICOM
THE enforcement of approved revised Public Service Rules (PSR) by the Federal Executive Council (FEC) has cut short the services of Barineka Thompson at the National Insurance Commission (NAICOM) after spending eight years as a Director. Two other Directors that have been affected by the directive are Pius Agboola and Habila Amos who were served
Thompson, Agboola, Amos bow out of NAICOM
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