Tribune Newspaper Headlines Today Monday 30th December 2024

Tribune Newspaper Headlines Today Monday 30th December 2024

Tribune Newspaper Headlines Today and news Dailies Update on current affairs happening now in Nigeria today 30/12/24

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target=_blank>Banks borrow N27.95trn from CBN in Q3 2024 amid liquidity constraints

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Banks borrow N27.95trn from CBN in Q3 2024 amid liquidity constraints
The Central Bank of Nigeria’s (CBN) latest economic report has revealed that Nigerian banks borrowed an unprecedented ?27.95 trillion through the Standing Lending Facility (SLF) in the third quarter of 2024, highlighting the intensifying liquidity pressures within the banking sector. This figure marks an increase from ?26.44 trillion recorded in the previous quarter, with daily
Banks borrow N27.95trn from CBN in Q3 2024 amid liquidity constraints
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target=_blank>9 Nigerian cities for young professionals to build careers in 2025

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9 Nigerian cities for young professionals to build careers in 2025
In an ever-evolving job market, location plays a crucial role in shaping career prospects. For young professionals in Nigeria, choosing the right city to live and work in can make all the difference in career growth, quality of life, and access to opportunities.  With 2025 approaching, here are some of the best Nigerian cities for
9 Nigerian cities for young professionals to build careers in 2025
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target=_blank>Loan not a sustainable option for funding budget deficit, says Ayo Teriba

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Loan not a sustainable option for funding budget deficit, says Ayo Teriba
Renowned economist, Ayo Teriba, has cautioned against Nigeria’s continued reliance on loans to address its budget deficit, describing it as an unsustainable approach to fiscal management. Speaking on the Arise News Morning Show hosted by Dr. Reuben Abati, Ayo Mairo-Ese, and Rufai Oseni, Teriba urged the government to adopt a more strategic, asset-focused model to
Loan not a sustainable option for funding budget deficit, says Ayo Teriba
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target=_blank>How NUPRC’s professionalism, transparency, others drove 2024 oil licensing round — Analyst

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How NUPRC’s professionalism, transparency, others drove 2024 oil licensing round — Analyst
An energy sector analyst has attributed the success of the just-concluded Nigeria 2024 Oil Licensing Round to the professionalism and transparency of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which operated in line with global best practices. Acknowledging the success, the analyst, Mohammed Musa, stated that the exercise was enhanced by digital technology, making it
How NUPRC’s professionalism, transparency, others drove 2024 oil licensing round — Analyst
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target=_blank>Gains from Zenith Bank, UBA offset losses in equities market

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Gains from Zenith Bank, UBA offset losses in equities market
Strong performances by tier-one lenders Zenith Bank and United Bank for Africa (UBA) provided a boost to the Nigerian stock market last week, helping offset losses in other sectors and mitigating a broader market decline. The resilience of these banking giants contributed to a positive close for the domestic bourse during the holiday-shortened trading week.
Gains from Zenith Bank, UBA offset losses in equities market
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target=_blank>Gombe govt commends Malam Sidi association for devt strides

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Gombe govt commends Malam Sidi association for devt strides
The Secretary to the Gombe State Government (SSG), Professor Ibrahim Abubakar Njodi, has commended the leadership and members of the Mallam Sidi Progressive Association (MPA) for their unwavering commitment to the development of the area. Professor Njodi, who gave the commendation while addressing the 8th Annual Meeting of the Association in Mallam Sidi, noted that
Gombe govt commends Malam Sidi association for devt strides
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target=_blank>Nigeria’s economy too fragile for fully deregulated electricity market, CPPE warns

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Nigeria’s economy too fragile for fully deregulated electricity market, CPPE warns
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to handle the issue of electricity pricing with caution, describing the nation’s economy as too fragile to absorb the shocks of a commercial electricty market. The Centre made this appeal in a statement issued on Sunday and signed by its
Nigeria’s economy too fragile for fully deregulated electricity market, CPPE warns
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target=_blank>Sterling One Foundation expands beach adoption programme following COP29

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Sterling One Foundation expands beach adoption programme following COP29
Sterling One Foundation has announced the expansion of its Beach Adoption Program, a climate initiative focused on waste recovery and marine pollution reduction, in response to renewed global calls for action following COP29 in Baku, Azerbaijan. Olapeju Ibekwe, CEO, Sterling One Foundation described the program as a significant local response to global environmental challenges. “COP29
Sterling One Foundation expands beach adoption programme following COP29
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target=_blank>Foreign, domestic transactions surge by N3.23trn in one year

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Foreign, domestic transactions surge by N3.23trn in one year
In a development that reflects Nigeria’s growing economic activity and maturing financial markets, the total value of foreign and domestic transactions surged by 3.23 trillion in 2024, marking a 51.92 percent year-on-year increase. Data from the Nigerian Exchange Limited (NGX) showed that by the end of November, transactions reached 4.91 trillion, surpassing the 3.23 trillion
Foreign, domestic transactions surge by N3.23trn in one year
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target=_blank>Expert warns FG against adoption of extreme market economy

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Expert warns FG against adoption of extreme market economy
An expert has cautioned the Federal Government against fully embracing an extreme market economy model, arguing that Nigeria’s unique socio-economic conditions demand a more balanced approach to economic management. Speaking during a televised programme monitored in Lagos, Dr. Muda Yusuf, an economist and Chief Executive Officer of the Centre for the Promotion of Private Enterprise,
Expert warns FG against adoption of extreme market economy
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