Tribune Newspaper Headlines Today Monday 25th March 2024
Tribune Newspaper Headlines Today and news Dailies Update on current affairs happening now in Nigeria today 25/03/24
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Banks borrow N266.8bn from CBN as system liquidity closed lower
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Banks borrow N266.8bn from CBN as system liquidity closed lower
DEPOSIT Money Bank (DMB) last week accessed The sum of N266. 8 billion from the Central Bank of Nigeria (CBN) to meet their short-term demands. The financial system liquidity closed lower at ₦575.9billion, 57.6 percent lower than the previous week. This was supported by a Standing Lending Facility worth ₦266.8billion and opening balance of banks
Banks borrow N266.8bn from CBN as system liquidity closed lower
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Nigerian Tribune News Highlight
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Nigerian Tribune News Highlight
Here are the top news highlights for the previous week. Naira strengthens to N1400/$ on parallel market Okuama: We’ve recovered decomposing hearts of slain soldiers — Army OFFCUT: Nigerians share what to do if DNA result shows negative Northern senators demand urgent action against rising kidnappings in region BREAKING: Meeting with FG in deadlock, strike
Nigerian Tribune News Highlight
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Expert advocates leveraging technology for water resource development
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Expert advocates leveraging technology for water resource development
An expert in the field of water management, Mr Getnet Kebece Demeke, has said that leveraging technology will enable efficient and sustainable management of water resources, which are essential for agriculture, industry and ecosystems. Demeke stated this while featuring as guest speaker during the annual Gbola Tokun memorial world water day lecture, put together by
Expert advocates leveraging technology for water resource development
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‘Form A’ applicants to submit three-year tax clearance certificates —Banks
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‘Form A’ applicants to submit three-year tax clearance certificates —Banks
NIGERIAN banks are now requesting that customers applying for forex transactions via a Form A must now provide at least the last three years tax clearance certificate. Specifically, Commercial Banks are already sending out email notifications to their customers. Recall that The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, recently mandated the
‘Form A’ applicants to submit three-year tax clearance certificates —Banks
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NDIC, EFCC strengthen partnership to curb financial crimes in banking sector
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NDIC, EFCC strengthen partnership to curb financial crimes in banking sector
THE Nigeria Deposit Insurance Corporation (NDIC) remains committed to ensuring that those who contribute to the failure of banks are properly investigated and prosecuted. The Managing Director and Chief Executive of the NDIC, Mr Bello Hassan made the remark during a courtesy visit of the NDIC Management to the Executive Chairman of the Economic and
NDIC, EFCC strengthen partnership to curb financial crimes in banking sector
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Nigerian banking industry boasts of 10 female bank CEOs in 2024
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Nigerian banking industry boasts of 10 female bank CEOs in 2024
NIGERIA currently has 26 major banks with the number of female bank chief executives soaring from just one in 2019 to 10 in 2024, representing 36 percent of Nigerian major banks’ chief executive officers. Analysts said the increasing presence of female MDs within Nigerian banks highlight the acknowledgment of women’s capabilities and their significant role
Nigerian banking industry boasts of 10 female bank CEOs in 2024
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Further tightening on the cards as MPC meets
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Further tightening on the cards as MPC meets
THERE are anticipations that at the Monetary Policy Committee (MPC) meeting slated for March 26 and 27, members might consider further monetary tightening or hold rates steady to watch the effect of last meetings interest rate hike. Recall that the first MPC meeting for the year concluded with votes to raise the benchmark Monetary Policy
Further tightening on the cards as MPC meets
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Zenith General settled N5bn claims in 2023, partners NAIPE
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Zenith General settled N5bn claims in 2023, partners NAIPE
ZENITH General Insurance Limited said it paid about N5 billion as claims last year to many organisations thereby helping them to return to business. Also, it announced a partnership with the Nigerian Association of Insurance and Pension Editors (NAIPE) to enhance the growth of the insurance industry in the country. The Managing Director and Chief
Zenith General settled N5bn claims in 2023, partners NAIPE
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Insurance firms exit ‘uninsurable’ climate risks
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Insurance firms exit ‘uninsurable’ climate risks
A new report from Bloomberg Intelligence shows that a 360 percent rise in insured losses in the past 30 years from the increased frequency and intensity of natural disasters is leading to a hike in premiums, with some insurers exiting particularly high-risk areas. Transition risks associated with the assets backing these liabilities is also putting
Insurance firms exit ‘uninsurable’ climate risks
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Universal Insurance, Insurfeel Initiative donate school fees protection covers to students
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Universal Insurance, Insurfeel Initiative donate school fees protection covers to students
UNIVERSAL Insurance Plc has partnered with Insurfeel Initiative to donate insurance coverage worth N68.85 million to 27 students of the University of Lagos (UNILAG). The donation, which was made in UNILAG campus, Akoka, Lagos recently, aimed to assist the students mitigate risks and deepen insurance penetration by availing Nigerians the opportunity to have the benefits
Universal Insurance, Insurfeel Initiative donate school fees protection covers to students
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