Nigeria news today headlines : Thursday 20th February 2020
These are the Nigeria news today headlines updates from Nigerian newspaper .
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Five Arrested Over Dh20 Million Villa Heist
Five people have been arrested in connection with a Dh20 million heist at a Dubai villa. Thieves cracked a safe and snatched a haul of diamonds, gold and luxury watches from the property in Emirates Hills. Police believe the raid in the affluent gated community was carried out by a team of “professional burglars”. It
Iran Defends Barring Of Candidates As Low-Key
Iran’s electoral watchdog on Wednesday defended its decision to disqualify thousands of candidates for a crucial parliamentary election in two days, as a lackluster campaign neared its end. Conservatives are expected to make an overwhelming resurgence in Friday’s election, which comes after months of steeply escalating tensions between Iran and its decades-old arch-foe the United
U.S. To Offer Financial Support For Ethiopia Political Reforms -PM
The United States will provide financial assistance to Ethiopia as it pursues political reforms, the office of Ethiopian Prime Minister Abiy Ahmed said on Tuesday during a visit by U.S. Secretary of State Mike Pompeo. “An agreement has been reached regarding the strengthening of the holistic and ongoing reform in Ethiopia to which the United
Tripoli Government Suspends Libya Talks
Libya’s internationally recognized government on Tuesday suspended talks hosted by the United Nations to halt warfare over the capital after eastern forces shelled Tripoli’s port, killing three people and almost hitting a highly explosive gas tanker. The U.N. has been hosting in Geneva ceasefire talks between officers from the Tripoli government and the eastern-based Libya
Somali Militants Kill 12 Soldiers – Officials
Islamist al Shabaab militants killed at least 12 Somali soldiers and briefly captured a military base southwest of the capital on Wednesday, officials said, underscoring the insurgents’ ability to launch attacks despite a government offensive. A suicide bomber detonated at the El Salini base before gunmen stormed in and briefly occupied it, police said. The
Laura Ashley ‘Should Be Able’ To Receive Emergency Funds
Majority shareholder MUI Asia held talks with US bank Wells Fargo to expand an existing working capital arrangement Laura Ashley Holdings plc (LON:ALY) rallied on Wednesday as it confirmed it “should be able” to access the emergency funds needed to survive. The struggling homeware and clothing brand said the talks between its majority shareholder MUI Asia
Company Rakes In $10.5m In Funding Round
Eventus Systems, a provider of risk management software solutions to financial services firms, has raked in $10.5m in a Series A investment round. The funding round was led by Chicago-based Jump Capital and Austin-based LiveOak Venture Partners. The fintech’s existing customers and investors, including Coinbase Ventures and Chimera Securities, also participated in the round. Eventus
Asia Market Bounce Back
Asia markets bounced back on Wednesday morning after a serious rocking the day before. Investors are closely monitoring China’s progress after it returns to production following its extended coronavirus-related hiatus. The country’s state media reported that 80 per cent of its state-owned enterprises had returned to work this week. Huawei, China’s top smartphone maker, has
Equities Market Sustains Bearish Run, Down 0.09%
Lagos – Activities on the floor of the Nigerian Stock Exchange (NSE) ended on a bearish note yesterday when the major indicators, the All Share Index and Market Capitalisation sentiment went down by 0.09 per cent each. Breakdown shows the All-Share Index depreciating by 0. 09 per cent to close at 27,523.08 points following sell-offs
Renovation Of Iconic Nestoil Tower In Lagos Underway
Nestoil’s flagship Head office on Akin Adesola Street, Victoria Island which has become the signature feature of the Victoria Island skyline will soon undergo renovation work on its exterior façade. Julius Berger Nigeria (JBN) Plc, which constructed the edifice, says the decision is to maintain high quality standards for which the company is known. A
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