Breaking News in Nigeria Today Monday 29th April 2024
Here are some of the Breaking News in Nigeria Today Monday 29th April 2024 on some of the nation newspapers .
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Weekly Wrap-up: Losses Persist As All-share Index Drops 1.4%
The domestic equities suffered another week of losses following broadbased declines across market bellwethers, even as some of the banks have started to show signs of recovery. The NGX ASI declined by 1.4 per cent week-on-week (w/w), led by sell-off in MTNN (-9.8%), FBNH (-16.3%), and NESTLE (-11.6%), amid recoveries in GTCO (+6.0%), STANBIC (+3.6%)…
The post Weekly Wrap-up: Losses Persist As All-share Index Drops 1.4% first appeared on New Telegraph.
New Telegraph.
Energy Marketers: Solar Powered Retail Outlets’ll Make Product Competitive
Major Energies Marketers Association of Nigeria (MEMAN) has said the adoption of solar powered retail outlets will make petroleum products more affordable. It also said it would make the energy marketers more competitive. Chief Executive Officer/Executive Secretary, MEMAN, Mr. Clement Isong, in an interview with New Telegraph over the weekend, also said it would bring…
The post Energy Marketers: Solar Powered Retail Outlets’ll Make Product Competitive first appeared on New Telegraph.
New Telegraph.
Forex: Abcon Mulls Harmonised Retail End Market To Tackle Volatility
The Association of Bureaux De Change Operators of Nigeria (ABCON) is working on establishing a unified retail end forex market operations to tackle volatility and boost regulatory compliance within the Bureaux De Change (BDC) sub-sector. ABCON President, Alhaji (Dr.) Aminu Gwadabe, said ABCON was carrying out strategic plans meant to unify operators from different cadres…
The post Forex: Abcon Mulls Harmonised Retail End Market To Tackle Volatility first appeared on New Telegraph.
New Telegraph.
Mgbechikwelu: African Financial Services Sector Is A Hotbed Of Ingenuity And Disruption
How do you see the role of innovation in shaping the future of financial services, particularly in the African context? Innovation plays a pivotal role in transforming the financial services landscape in Africa. By embracing technology and innovative solutions, we can overcome traditional barriers to financial inclusion, drive economic growth, and empower individuals and businesses…
The post Mgbechikwelu: African Financial Services Sector Is A Hotbed Of Ingenuity And Disruption first appeared on New Telegraph.
New Telegraph.
Telecoms: 9000 Subscribers Ported To New Networks In Q1’24
In the first quarter of 2024, a total of 9,000 telecoms subscribers moved from one network to another on their same Subscriber Identity Module (SIM) cards. Porting occurs when a mobile subscriber changes their mobile network provider while retaining their number. This service was launched as Mobile Number Portability in 2013 by the NCC. The…
The post Telecoms: 9000 Subscribers Ported To New Networks In Q1’24 first appeared on New Telegraph.
New Telegraph.
Fadugba: Africa Needs Reliable, Affordable Air Transport Industry
The Chief Executive Officer, African Aviation Services Limited, Nick Fadugba, said Africa needed a safe, reliable, efficient, affordable and profitable air transport industry that facilitates travel, trade and tourism across the continent, and between Africa and the world. He, however, stated that despite the myriad of challenges confronting the continent’s aviation industry, much has been…
The post Fadugba: Africa Needs Reliable, Affordable Air Transport Industry first appeared on New Telegraph.
New Telegraph.
Poor Certification: Nigerian Seafarers Lose Out In New Global Minimum Wage
Seafarers working onboard vessels in Nigeria have been deprived of benefiting from the new salary review by Joint Maritime Commission (JMC) for over one million seamen. The commission had upgraded the minimum monthly basic wage of an able seafarer from $666 (N799, 200) to $673 (N807, 600) from January 1 2025, while average salary for…
The post Poor Certification: Nigerian Seafarers Lose Out In New Global Minimum Wage first appeared on New Telegraph.
New Telegraph.
‘State Police’ ll Curb Rising Insecurity Problem’
while lending his voice to the reforms in the policing system, called on traditional rulers to be part of the state police structure, adding that their knowledge of the local environment will be handy in securing Nigeria. “As a child, growing up in the rural community, we see the role of the village heads where…
The post ‘State Police’ ll Curb Rising Insecurity Problem’ first appeared on New Telegraph.
New Telegraph.
Lawyers In Defence Of State Police
Some senior lawyers have emphasised the need for the creation of state police in the country, saying it is the only pathway for the attainment of true federalism. The lawyers spoke at the weekend while reacting to the opposition of the Inspector General of Police (IGP), Kayode Egbetokun, to the creation of state police in…
The post Lawyers In Defence Of State Police first appeared on New Telegraph.
New Telegraph.
Repositioning Judiciary For Improved Performance
Stakeholders in the justice sector have set agenda for the repositioning of the judiciary. The stakeholders who gathered from different sectors of the judiciary in Abuja last Wednesday and Thursday at the National Justice Summit came to a conclusion that there is needs for new reforms in the justice sector . The key stakeholders at…
The post Repositioning Judiciary For Improved Performance first appeared on New Telegraph.
New Telegraph.
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