Nigeria news today headlines update Monday 17th December 2018
These are the Nigeria news today headlines update from Nigeria newspaper.
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target=_blank>e-Payment Transactions Up 39.7%, Hit N99.292trn In 2017
Lagos – Electronic payment channels in the country recorded a great leap in 2017 as volume and value rose by 60.00 per cent and 39.70 per cent to 1.478 billion and N99.292 trillion from 941.80 million and N71.100 trillion in 2016, respectively. The increase, according to the 2017 Annual Activity Report by Banking and Payment System
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target=_blank>Banks Profit To Slow In Q4 2018
There are indications that most deposit money banks in the country may experience slow profit or loss in the fourth quarter of 2018. This is attributed to the high cost of interest expenses by bank. However, Zenith Bank Plc reported 57 per cent drop on interest expenses paid on customers’ deposits, from N127.01 billion reported
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target=_blank>HP Partners Officials In Nigeria To Tackle Fraudulent Manufacturers
Authorities in Nigeria in collaboration with HP’s Anti-Counterfeiting and Fraud (ACF) Programme have identified and confiscated fraudulent print supplies HP has worked closely with local officials in Nigeria to identify and close down over 12 criminal operations trading in counterfeit cartridges for HP printers. Working in conjunction with the Nigerian Police Force, in October 2018,
The post HP Partners Officials In Nigeria To Tackle Fraudulent Manufacturers appeared first on Independent Newspapers Nigeria.
target=_blank>Killing The Poor & Desperate With Shylock Rates
“Those Micro-finance banks that we have today, are not ‘giving’ loans at single-digit interest rates”; for example, “You borrow N50, 000 for 90 days and they expect you to pay another N50, 000 interests to them in another 90 days. That is outrageous and that is too exorbitant…” besides, “if you don’t pay the N50,
The post Killing The Poor & Desperate With Shylock Rates appeared first on Independent Newspapers Nigeria.
target=_blank>NSE Investors Lose N687bn In Six Weeks
Two weeks to Christmas, investors’ net worth on the Nigerian Stock Exchange (NSE) dropped by N687 billion in from November to Thursday December, 13, 2018. Investors’ net worth dropped by N581 billion in November, amid sell pressure ahead of the 2019 general elections and Yuletide celebrations. According to data obtained from the exchange showed that
The post NSE Investors Lose N687bn In Six Weeks appeared first on Independent Newspapers Nigeria.
target=_blank>Pizza Hut Accelerates Its Africa Expansion, Opens Three Restaurants In Nigeria
Pizza Hut, a division of Yum! Brands (NYSE: YUM), yesterday announced the opening of its first restaurant in Nigeria with two more expected by the end of the year. Nigeria is often referred to as the “Giant of Africa”, a reference to its large population and bustling economy. With 186 million inhabitants, Nigeria is the
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target=_blank>Aisha Buhari, Lone Voice In The Wilderness
The wife of the President, Mrs. Aisha Buhari, has continued to win admirers for her forthrightness, doggedness and her resolute resolve not to suffer fools gladly. Not only is she not afraid to speak truth to power, she also refuses to be compromised by the fact that even though she is within the corridors of
The post Aisha Buhari, Lone Voice In The Wilderness appeared first on Independent Newspapers Nigeria.
target=_blank>Cordros Capital, Seplat Win At 2018 NSE CEO Awards
The Nigerian Stock Exchange, the sustainable Exchange championing Africa’s growth has announced the winners of the 2018 NSE CEO Awards at a ceremony held on Wednesday, December 12, 2018, at the Stock Exchange House in Lagos. Initiated in 2012, The NSE CEO Awards is designed to reward and motivate listed companies, Dealing Member Firms, Fund
The post Cordros Capital, Seplat Win At 2018 NSE CEO Awards appeared first on Independent Newspapers Nigeria.
target=_blank>Sterling Bank Powers West Africa’s Largest Food Festival
Sterling Bank has promised to light up Lagos this festive season as it brings together the best of African and international cuisine and mixology at the critically acclaimed #EatDrinkFestival. The new two-day event format has been scheduled for December 26 -27, 2018 at the Lekki Coliseum from 12pm to 8pm daily. Presented in partnership with
The post Sterling Bank Powers West Africa’s Largest Food Festival appeared first on Independent Newspapers Nigeria.
Air Peace Relocates Akure, Kaduna, Port Harcourt Services To MMA2
LAGOS – Air Peace is relocating its Lagos-Akure, Lagos-Kaduna and Lagos Port Harcourt NAF Base flights out of the General Aviation Terminal (GAT) of the Murtala Muhammed Airport (MMA), Lagos to the Murtala Muhammed Airport Two (MMA2), from January 2, 2019. The airline said the relocation of some of its services to MMA2 was to better […]
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