Nigeria news today headlines : Monday 20th May 2024
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Nigerian Newspapers: Top Stories For Today (20/05/24)
Read the full details on our digital edition when you join our WhatsApp Communities here. Here are the major headlines for today: Airlines, Interior Ministry Violating Expatriate Quota — NAAPE… Says NCAA Lacks Robust Data Base For Professionals… Aircraft Wet-Leasing Not Good For Local Devt — Expert SERAP Sues Wike, Govs Over Failure To Account
Seplat Energy: Reaffirming Commitment To Corporate Governance, Growing Shareholders Wealth
LAGOS – Seplat Energy PLC, Nigeria’s leading indigenous energy company listed on both the Nigerian Exchange Limited (NGX) and the London Stock Exchange (LSE), convened its 11th Annual General Meeting (AGM) virtually, with esteemed shareholders, regulators, company directors, and members of the media joining to engage in strategic discussions and decisions shaping the company’s future.
Cautious Optimism As Motoring Public Awaits CNG Vehicles Roll Out
There was not much excitement when the Presidency on Sunday last week said it was ready to launch about 2,700 CNG-powered buses and tricycles before May 29 when President Bola Tinubu turns one year in office. The Compressed Natural Gas CNG vehicle is a new vocabulary in the lexicon of Nigeria’s motoring public, a term
Nigeria’s Consumer Credit Scheme: A Leap Towards Economic Empowerment
ISAAC ASABOR In April 2024, Nigeria embarked on a transformative journey with the introduction of the Consumer Credit Scheme, a strategic initiative aimed at bolstering the financial inclusion and economic empowerment of its citizens. Spearheaded by President Bola Tinubu, this scheme is not just a financial mechanism, but a beacon of hope for millions striving
TBD Expands In Africa, Adds Chipper Cash To Growing tbDEX Ecosystem
LAGOS – TBD, part of Block, which is focused on creating open and decentralised technologies to connect the financial world, has announced that leading African fintech Chipper Cash has integrated with the tbDEX protocol to power cross border payments and decentralized identity use cases for individuals and businesses on the African continent. “Across Africa, the
APM Terminals Apapa Hosts Maiden Exporters Forum
LAGOS – Nigeria’s largest container terminal, APM Terminals Apapa on Wednesday hosted the maiden edition of its “Exporters Forum”, with a promise to support the Federal Government’s drive to diversify the economy through the promotion of non-oil exports. Speaking at the event, the Country Chief Executive Officer of APM Terminals Nigeria, Frederik Klinke, expressed appreciation
CBN Must Remain Vigilant To Withstand Defaults, Other Risks
LAGOS – The Director General West African Institute for Financial and Economic Management (WAIFEM), Baba Yusuf Musa, has called on the Central Bank of Nigeria (CBN) to ensure banks and other institutions can withstand defaults and other risks, using stress tests, early corrective actions, and other supervisory tools. Musa in an exclusive interview with Daily
Women Mobile Internet Users Hit 1.5 Billion – GSMA
A significant 1.5 billion women (66%) of women in low-and middle-income countries (LMICs) are using mobile internet, with an additional 120 million women connecting to the internet via mobile in 2023. However, an alarming 785 million women remain unconnected, with approximately 60% residing in South Asia and Sub-Saharan Africa. This is according to the seventh
Executive Order 7: FEC Endorses BUA Cement’s N120bn For Rehabilitation Of Lokoja-Benin Road
LAGOS – The Federal Executive Council (FEC), has approved the rehabilitation of the Okpella section of the Lokoja-Benin road and others. BUA cement Plc will provide N120 billion, to finance the rehabilitation of the road project under Nigeria’s government tax credit scheme. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, made
Food Demand-Supply Imbalances May Push Inflation Rate To 34.56% – Analysts
LAGOS – Analysts have warned the fiscal and monetary authorities of the nation’s headline inflation that may settle at 2.6% m/m and translating to an 87bps increase in the y/y inflation rate to 34.56% in May. They also said the current increase reflects the exchange rate depreciation that has a significant impact on headline inflation,
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