Breaking News in Nigeria Today Thursday 7th November 2024
Here are some of the Breaking News in Nigeria Today Thursday 7th November 2024 on some of the nation newspapers .
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FBN Holdings Leverages NGX Invest For N150bn Rights Issue
ShareFBN Holdings Plc has launched its N150 billion rights issue via the Nigerian Exchange Group’s (NGX) advanced digital platform, NGX Invest. This rights issue, structured on a one-for six basis, invites current shareholders to capitalise on this opportunity through NGX Invest’s seamless digital framework, which enhances accessibility for investors. During the “Facts Behind the Rights…
New Telegraph.
IT Upgrade: Zenith Bank Assures Customers Of Quality Service
ShareZenith Bank Plc has assured its teeming customers of exceptional service delivery and improved customer experience following the successful completion of its information technology infrastructure upgrade. In a statement made available to the media, the Group Managing Director/ Chief Executive of Zenith Bank Plc, Dame Dr. Adaora Umeoji, OON, expressed her immense gratitude to all…
New Telegraph.
Nigerian Exchange, Emerging Markets Mixed On Trump’s Win
ShareNigerian equities market fell sharply on Wednesday, with investors losing a whopping N337.13 billion in market capitalisation despite massive broad rally on Wall Street after Donald Trump’s victory in the U.S. presidential election. Fueled by the news of Trump’s victory, U.S. equity indexes soared, with the benchmark S&P 500 jumping two per cent to a…
New Telegraph.
RMB Nigeria Successfully Registers N40bn Issuance Programme
ShareRMB Nigeria Issuance SPV PLC, a funding vehicle incorporated to support RMB Nigeria in raising financing from the public debt capital markets, achieved a significant milestone with the successful registration of its N40 billion Multi-Instrument Issuance Programme. According to a press release, Stanbic IBTC Capital Limited acted as Lead Issuing House while RMB Nigeria acted…
New Telegraph.
FirstBank Hosts Fintech Summit 6.0
ShareFirstBank has announced that its 6th annual Fintech Summit, with the theme, “Banking on Partnerships,” which is scheduled to hold on November 13 and 14, 2024, will bring together renowned subject matter experts, innovators, and industry leaders from around the world to explore the latest trends and advancements in financial technology. In a press release,…
New Telegraph.
Naira Plunges To N1,681.65/$1 On Official Market
ShareThe naira fell to a fresh record low on the official market on Wednesday, closing at N1,681.65/$1 compared to N1,671.32/$1 on the previous day, data from FMDQ shows. However, the local currency was unchanged at N1,725 per dollar on the parallel market yesterday, according to currency dealers. In its latest rating report on Nigeria published…
New Telegraph.
Bianca Ojukwu:‘Because Ndigbo Are Involved’
Share For unity to be meaningful it has to be creative, not the unity of Jonah in the whale but the unity of holy matrimony. The first can only lead to defecation, the second to procreation’ — Chukwuemeka OdumegwuOjukwu In 1989 the late Biafra hero, Dim Chukwuemeka Odumegwu-Ojukwu authored a book titled ‘Because I am…
New Telegraph.
MCX Appoints WTL In Deal To Build New Mobile Core Network In Nigeria
ShareWireless Technology Labs (WTL) has disclosed that it has been chosen by MobileCoreX Ltd. (MCX), Nigeria’s premier Mobile Virtual Network Enabler (MVNE), to spearhead the development of the country’s first mobile virtual network in a landmark deal valued at millions of US dollars over the next three years. This initiative aims to enhance mobile connectivity…
New Telegraph.
NCC, NASENI To Form Synergy For Local Tech Manufacturing
ShareAs part of effort to promote local content in technology industry, the Nigerian Communications Commission (NCC) and the National Agency for Science and Engineering Infrastructure (NASENI), are collaborating to explore their collective strengths to foster a robust digital and manufacturing ecosystem in Nigeria. They made the decision during a meeting between the two agencies held…
New Telegraph.
Sanitising Telecoms Industry For Enhanced Digital Economy
ShareThe Nigeria’s telecommunications industry has been progressing since the sector was partially liberalised in 1992 and fully liberalised in 1999. The liberalisation of the sector led to a rapid growth, which became one of the fastest-growing economic sectors in Nigeria by 2017. Some of the effects of the liberalisation of the sector include increased competition,…
New Telegraph.
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