The Nation Newspaper Today Headline Monday 25th November 2019
The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 25/11/19
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Fed Govt to partner stakeholders to boost capital market
Taofik Salako The Federal Government has committed to working with all relevant stakeholders to design and implement policies and rules that will enhance the competitiveness of the Nigerian capital market. At the 2019 Conference of the Chartered Institute of Stockbrokers (CIS) in Lagos, public and private decision-makers agreed on the need to collaborate on
Investors get relief as CSCS launches new solution
Taofik Salako The Central Securities Clearing System (CSCS) Plc has introduced a new web-based application that will enhance the interface between the clearing house and companies’ registrars. The new solution, known as Regconnect, provides easier-to-use platform for exchange of information. The application was developed having reviewed CSCS’ operations and methods of interaction with registrars.
2.5mmbpd target a mirage without PIGB’
Akinola Ajibade Nigeria’s goal of achieving daily crude oil production of 2.5 million barrels per day, by 2025, would be a mirage, if the industry’s policies and programmes are not well implemented by the Federal Government. Also to be affected is the projection of 3million barrels of crude oil per day in 2030, by the
‘How Nigerians can access N120 billion tomato market’
Oluwakemi Dauda The Federal Government has been urged to formulate a robust tomato policy to increase domestic production. This, when put in place, will enable participants benefit maximally from the over N120 billion tomato paste market and discourage smuggling. A senior official of the Federal Ministry of Finance (FMoF), who craved for anonymity, said this,
Benin accounts for N1.45 tr smuggled goods, says World Bank
Muyiwa Lucas Goods worth N1.45 trillion are smuggled into Nigeria annually from Benin Republic. This was the revelation from Simon Tsuwan, a representative of the Acting Managing Director, Nigeria Export Processing Zones Authority (NEPZA), David Terhemba Nongo, has revealed. He spoke on the sidelines of a two-day national workshop in Lagos, last week. The workshop,
NECA applauds CBN over 60 per cent LDP
Toba Agboola Nigeria Employers’ Consultative Association (NECA) has applauded the Central Bank of Nigeria (CBN) over it directive to the commercial banks to maintain a minimum Loan Deposit Ratio (LDR) of 60 per cent. The body said this will aid the growth of the real sector of the economy. In a chat with The Nation,
Pertinence rewards productivity
Our Reporter Pertinence Limited, a people empowerment and enterprise development company, with strong interest in investment and real estate affiliation, has rewarded 47 members of its marketing team for their productivity. According to the firm’s General Manager, Mr. Jeffery Ehikioya, the team members were taken on all-expense-paid vacation to Dubai in the United Arab Emirates
‘Tackle the $22b food imports’
Daniel Essiet With Nigeria spending an average of $22 billion (N7.92trn) each year on food imports, the National President, Federation of Agricultural Commodities Association of Nigeria (FACAN), Dr. Victor Iyama, has urged the Federal Government to sustain closure of the land borders to control imports. Iyama maintained that the country has capacity to produce rice
Group identifies sources of fraudulent online payments
Kelvin Osa Okunbor An airline merchant payment platform – African Payment Service Provider DPO Group has released data revealing soaring demand for online payment solution in the last 10 years identifying North America and Eastern Europe as destinations where most fraudulent payment for flights originates from . The group which operates in 18 African countries
Surveyor calls for conscious social housing
Okwy Iroegbu-Chikezie A Quantity Surveyor and former president of the Nigerian Institute of Quantity Surveyors (NIQS), Femi Onashile, has called on the Federal Government to deliver social housing for the majority of the people through revenue from taxes. He said the only time government provided social housing was in the administration of Alhaji Lateef Jakande
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