Breaking News in Nigeria Today Wednesday 16th August 2023
Here are some of the Breaking News in Nigeria Today Wednesday 16th August 2023 on some of the nation newspapers .
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Report: UK may give BoE more authority over stablecoins
The U.K. government is considering giving the central Bank of England 9(BoE) more authority over stablecoins as opposed to the Financial Conduct Authority (FCA), the primary financial regulator in the U.K. In a paper entitled, “Payments Regulation and the Systemic Perimeter,” the government stated the bank would be able to prevent the FCA from taking…
New Telegraph.
FAAC Allocation: Analysts task state govts on self-sufficiency
Analysts at Coronation Merchant Bank have charged state governments in the country to take measures to attain self-sufficiency as their “heavy dependence on Federation Account Allocation Committee (FAAC) allocation is not tenable in the long run.” The analysts stated this in the latest “Coronation Economic Note,” which focused on the July communiqué issued by the…
New Telegraph.
AFC approves €50m for Senegal to boost oil, gas industry
Leading infrastructure solutions provider on the continent, the Africa Finance Corporation (AFC), has announced that it is partnering with the Government of Senegal to fund the development of the landmark Sangomar oil field. According to a press release, the collaboration will see AFC investing €50 million in the oil field to help boost the country’s…
New Telegraph.
BEEC Forum: ‘Govt policies’ll yield positive results with citizens’ support’
Lagos State Governor Babajide Sanwo-Olu has called on citizens to support the implementation of government policies to achieve desired positive results. Sanwo-Olu made the call at the 17th International Public Relations Congress organised by the Business Education Examinations Council (BEEC). With the theme: ‘Re-building Trust, Mutual Understanding and Harmony for National Development’, the programme started…
New Telegraph.
Adebowale: History, important glue for bilateral, cross-cultural connection
In terms of digitisation, archiving and preservation of Nigerian history, how has the journey been so far? It’s been a great journey; a very interesting journey. Like, the more I delve into it, the more I discover myself, the more I learn myself. You know, you come across some certain rare materials or rare books…
New Telegraph.
Invaluable thoughts, principles on Buratai’s Journey to Generalship
Acivilian’s reading through the legend of Buratai begins with uncertainty: how will I understand the voyage of a military officer? But the journey lends itself to lessons, humour, and the grace to which the book yields. Thoughts and Principles on the Journey to Generalship is an eleven chapters nonfictional book, which is partly memoir but…
New Telegraph.
NGX: Evaluating strengths, value of most traded stocks
I nvestment decisions in the capital market entails investors see companies’ financial statements, which provide overview of activities and company operations in a period. These financial reports contain information accounting, among which is net profit, which is used as a tool measuring the company’s performance in its activities, the cash flow statement used to assess…
New Telegraph.
Parallel market boom threatens gains of CBN’s forex reforms
When on June 14, the Central Bank of Nigeria (CBN) announced via a press statement, signed by its Director, Financial Markets, Angela Sere-Ejembi, that it was introducing a series of reforms that included collapsing all segments of the foreign exchange market into the Investors and Exporters’ (I&E) window and the reintroduction of the “willing buyer,…
New Telegraph.
For me, art is life, art is everything –Michael
Foluke Michael is a multiple award winner in various fields of life. An author, advocate for Arts for Social Good, and IBM Enterprise design thinker, she facilitates education, creativity, community development and entrepreneurship projects with children, youth and women as beneficiaries. Although, she is a trained engineer and is also graduated with MSc in Project…
New Telegraph.
Kogi Guber: SDP Candidate, Ajaka Sets Up Campaign Hierarchy
Ahead of the November 11 gubernatorial election in Kogi State, the Muri/Sam campaign organization on Tuesday set up its campaign hierarchy. The campaign organisation in its press statement signed by the Campaign spokesman, Faruk Adejoh-Audu, said the development was in furtherance of its plans towards the November 11 Governorship election in Kogi state. The statement…
New Telegraph.
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