The Nation Newspaper Today Headline Wednesday 11th December 2019
The Nation Newspaper Today Headline and news Dailies Update on current affairs happening now in Nigeria today 11/12/19
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Why banks’ loans to airlines go bad, by Kuru
Collins Nweze The increasing number of bad loans recorded by banks in the aviation sector has been attributed to poor understanding of airline business by banks rushing to lend to the sector, Managing Director/CEO Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru has said. The AMCON chief said failure of many airlines in Nigeria and
AMCON: Real reason why Banire was replaced as chairman
Alao Abiodun President Muhammadu Buhari on Tuesday replaced Muiz Banire as the head of the Asset Management Corporation of Nigeria (AMCON). This replacement was contained in a letter forwarded to Nigerian Senate on Tuesday. In the letter, the President named Edward Adamu as the new chairman. Read Also: 10 things to know about new AMCON Chairman,
NCC warns consumers against unauthorised SIM swaps
Blessing Olaifa, Abuja The Nigerian Communications Commission, NCC, on Tuesday warned telecom consumers of unauthorirized SIM Swap and other fraudulent activities by dubious individuals who take advantage of innocent citizens, asserting that the full wrath of the law would be visited on culprits. Speaking at the 4th Quarter Open Forum of the Industry Consumer Advisory
‘Pay up’, CBN tells cottton farmers
Kolade Adeyemi, Kano The Central Bank of Nigeria (CBN) has urged the leadership of the National Cotton Association of Nigeria (NACOTAN), to prevail on the 30, 000 cotton farmers in Kano state who benefited from the Anchor Borrower programme to ensure prompt payment of the loan facility. The CBN branch controller, Alhaji Ali Abdulkadir made
2023 Presidency: Deciding factors
Babatope Babalobi About three years to the next general election, the race for the top job, has earnestly begun. President Muhammadu Buhari is constitutionally disqualified from re-contesting as the position has a two-term limit. There is a vacancy in Aso Villa by 2023 and the big question is who will occupy it? Nigeria’s presidency is
CBN: 40 per cent of foreign credits in Nigeria’s economy dangerous
Moses Emorinken, Abuja The Central Bank of Nigeria (CBN) has revealed that 40 per cent of the total credits available in the economy, especially in the capital and money markets are from foreign holdings. This, according to the apex bank, puts the economy in a very precarious position. It said any withdrawal of such funds
JEDC outlaws estimated billing in Jos
Yusufu Aminu Idegu, Jos The Jos Electricity Distribution Company (JEDC) has said the company has put an end to estimated billing of customers in Plateau, Benue, Bauchi and Gombe states for amount of energy they consumed. Managing Director and CEO of JEDC, Engr Uday Shankar made this known on Tuesday in Jos while flagging off
Rohr refutes claims on Ejaria, Eze
Super Eagles German coach Gernot Rohr has dismissed claims he prefers Reading FC midfielder Ovie Ejaria to Queens Park Rangers forward Eberechi Eze for the national team, saying he has not granted any interview to any media organization both locally and internationally on the issue. Rohr cleared the air on the Super Eagles Twitter handle:
Human rights? Let us think!
Asiwaju Deji Fasuan MON, JP Ado Ekiti. SIR: The hysterics and tone are unbelievable; the whole media are engulfed in it. Most professionals, lawyers, human rights pretenders make the headlines. It is as if Nigeria was at the war front, facing equally menacing opponents. Even otherwise respectable legal minds are daily competing with noise makers
Nike unveils swim hijab
Nike will include a full coverage swimsuit complete with hijab, as part of their new Victory Swim Collection. The collection, announced yesterday , will be available online and at select retailers February 1st. “The design of the Nike Victory Swim Collection serves a variety of needs from modesty preferences to sun protection and represents Nike’s
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