Breaking News in Nigeria Today Monday 12th July 2021
Here are some of the Breaking News in Nigeria Today Monday 12th July 2021 on some of the nation newspapers .
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NIRSAL MFB punctures allegation on AGSMEIS loan diversion
Abdulwahab Isa Abuja NIRSAL Microfinance Bank (NMFB) has described allegations purporting diversification of N5 million Agri-Business Small and Medium Enterprises Investment Scheme (AGSMEIS) loan as unfounded. In a statement issued in Abuja by its Head of Corporate Communications, Halima Idris Omar, the bank described the incident in question as a rare case of swap
Euro 2020: Italy fans ecstatic after England defeated in final
There were scenes of jubilation across Italy after their football team defeated England 3-2 on penalties in the Euro 2020 final in London. At a fan zone in Rome, thousands of fans started jumping in pure elation, shouting and hugging each other. The victory at Wembley stadium brought Italy its first European title since
Alagoa: We are going to be bringing huge investment into Bayelsa
David Alagoa is the Commissioner for Agriculture and Natural Resources in Bayelsa State. In this interview with PAULINE ONYIBE, he speaks about the starch factory that will soon be commissioned, among other issues that border on agriculture Despite the limited land space compared to other parts of the ountry, Bayelsa is doing so much
Insecurity: In defence of Reps’ State Police Bill
AKEEM NAFIU writes that lawyers have thumbed up efforts of lawmakers at the House of Representatives at tackling rising wave of insecurity in the country through passage of a Bill to legalise creation of state police and regional security outfits ‘State police panacea for worsening insecurity’ Some senior lawyers have commended efforts of lawmakers
Legal implications (if any) of Gov. Bello Matawalle’s defection from PDP to APC
Kasiemobi Oranugo (Esq.) Does GMM’s defection from PDP to APC amount to any breach of duty/obligation to the PDP, constitutionally/statutorily, morally and/or contractually? GOVERNOR MATAWALLE’S DEFECTION: ANY BREACH OF CONSTITUTIONAL DUTY TO PDP? Constitutionally, the grundnorm of the Federal Republic of Nigeria is silent on what happens to a sitting governor
FG rebuffs attempt to alter FTZs’ draft report
Abuja The Federal Government may have rebuffed lobbying by groups working to influence stepping down of the recommendations by the Technical Committe on Free Trade Zones (FTZs) in the country. A source at the Federal Ministry of Industry, Trade & Investment told this newspaper that some stakeholders who feel the recommendations contained in FTZs
NIBSS: Mobile transfers hit N2.9trn in six months
Bank customers in the country transferred a total of N2.9 trillion over mobile devices in the last six months, New Telegraph has learnt. The six months record is N100 billion less than the N3 trillion total transfers made in the 12 months of last year. According to statistics released by the Nigeria Inter- Bank
Red Star: Operational challenges impact earnings
Red Star Express Plc, like its peers, is faced with operational challenges. CHRIS UGWU writes With the emergence and increasing popularity of local online retail stores like Jumia.com, Konga.com and Mystore.com.ng, among others, e-commerce has taken a new shape in Nigeria, like any other country across the world. The increase in internet penetration
CBN’s intervention cuts palm oil import to N221.6bn
Nigeria’s annual spending on importation of palm oil has slumped by 22.6 per cent from $500 million (N245 billion) to $452.25 million (N221.6 billion) in the last one year. Importers sourced 450,000 tonnes of the produce from Malaysia, Thailand and Indonesia. However, data from the Malaysian Palm oil Council (MPOC) revealed that crude palm
2023: Southern govs step to the forefront
FELIX NWANERI reports on the jostle for the 2023 presidency by the various geographical blocs across the country and how the demand by the Southern Governors’ Forum that the next president must come from their region has rekindled the age-long rivalry between the North and South Less than two years to the
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