Breaking News in Nigeria Today Friday 12th July 2024
Here are some of the Breaking News in Nigeria Today Friday 12th July 2024 on some of the nation newspapers .
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Senator Distributes Fertiliser To Farmers
The representative of Niger East in the Senate Sani Musa has distributed 4,050 bags of fertilizers to farmers in his constituency. According to him, every farmer will benefit through their various coordinators from the council to the local government committee headed by the council chairman for onward distribution. The legislator said this during the distribution…
The post Senator Distributes Fertiliser To Farmers first appeared on New Telegraph.
New Telegraph.
EFCC Opposes DPP’s Move To Take Over Forgery Case
The Economic and Fi – nancial Crimes Com – mission (EFCC) has kicked against the move by the Lagos State government to take over the forgery case made against a lawyer, Oyinkansola Alakija, alongside her father-in-law, Alaba Alakija, before the Lagos State Special Offences Court, Ikeja, presided over by Justice Mojisola Dada. Recall that the…
The post EFCC Opposes DPP’s Move To Take Over Forgery Case first appeared on New Telegraph.
New Telegraph.
45 Vehicles Confiscated As Task Force Raids Parts Of Lagos
No fewer than 45 ve – hicles were yesterday confiscated by person – nel of the Lagos Task Force when they raided the Oshodi, Ikeja and Iyana Ipaja areas of the state. Vehicles arrested were recalcitrant transport operators and motorists caught in illegal parking, dropping and picking of passengers in unauthorised spots and creating illegal…
The post 45 Vehicles Confiscated As Task Force Raids Parts Of Lagos first appeared on New Telegraph.
New Telegraph.
Sell Pressure Drags Benchmark Index Down By 0.3%
The bears domi – nated activities on the local bourse yesterday as sell pres – sure on SEPLAT (-8.3%) triggered a 0.3% decline in the benchmark index. Thus, the NGX ASI settled at 99,468.90 points. Consequently, the Month-to-Date and Yearto-Date returns printed -0.6 per cent and +33.0 per cent, respectively. The total volume traded decreased…
The post Sell Pressure Drags Benchmark Index Down By 0.3% first appeared on New Telegraph.
New Telegraph.
SEC Harps On Sustained Investor Education
Continuous investor education has been described as an important component of financial literacy in a bid to further develope the capital market. Director General of SEC, Dr. Emomotimi Agama, stated this during a meeting with the man – agement of Investments and Securities Tribunal in Abuja, yesterday. According to Dr. Agama, “we need to continue…
The post SEC Harps On Sustained Investor Education first appeared on New Telegraph.
New Telegraph.
Rate Of Bribery Drops In Nigeria By 0.8 –NBS
About 87 million bribes were paid in 2023, compared with 117 million bribes in 2019 – the equivalent of an average of 0.8 bribes each per adult, National Bureau of Statistics’ (NBS) 2023 Corruption in Nigeria: Patterns and Trends released yesterday showed. According to the report, in 2023, around 56 per cent of Nigerians had…
The post Rate Of Bribery Drops In Nigeria By 0.8 –NBS first appeared on New Telegraph.
New Telegraph.
Why Bank Stocks May Struggle To Muster More Momentum
Bank stocks are comfortably in the green for 2024 — including a one per cent bump in yesterday morning trading. But they have gained little ground in recent months amid lingering worries about fallout from high interest rates, including net interest margin pressure and cracks in credit quality. The KBW Nasdaq Bank Index settled on…
The post Why Bank Stocks May Struggle To Muster More Momentum first appeared on New Telegraph.
New Telegraph.
NDIC Tasks Law Enforcement Agencies With Tackling Financial Malpractices
Law enforcement officers have been urged to acquaint them – selves with basic knowl – edge of the types of fraud prevalent in the country’s financial institutions, as part of efforts to tackle insider abuses and financial malpractices that are a major cause of bank failure, the Managing Director and Chief Executive of the Nigeria…
The post NDIC Tasks Law Enforcement Agencies With Tackling Financial Malpractices first appeared on New Telegraph.
New Telegraph.
Afreximbank Reconstitutes Creative Africa Advisory Group
A head of the upcoming CANEX Weekend in Algiers, Algeria, from 16 to 19 October, Af – rican Export-Import Bank (Afreximbank) has announced the reconstitution of the Creative Africa Advisory Group (CAAG). This group oversees and provides guidance for implementing the Bank’s Creative Africa Nexus Programme. According to a press release, the first meeting of…
The post Afreximbank Reconstitutes Creative Africa Advisory Group first appeared on New Telegraph.
New Telegraph.
Cardoso: Sustained MPR Hike Helped Stabilise Naira
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has attributed the relative stability of the naira in recent months to benchmark interest rate the Monetary Policy Rate (MPR) hikes by the apex bank. The CBN governor stated this while speaking at Businessday’s “CEO Forum 2024” held in Lagos yesterday. Cardoso, who was…
The post Cardoso: Sustained MPR Hike Helped Stabilise Naira first appeared on New Telegraph.
New Telegraph.
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