Breaking News in Nigeria Today Wednesday 1st May 2024
Here are some of the Breaking News in Nigeria Today Wednesday 1st May 2024 on some of the nation newspapers .
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Naira’s Renewed Weakness Reignites Concerns About CBN’s Forex Measures
Having plunged from N907 per dollar on the official market at the end of last year to about N1,500/$1 at the end of February, and also from N1,250 per dollar to N1,900/$1 on the parallel market, the naira, looked to be headed for an all time low of N2000 per dollar a few weeks ago….
The post Naira’s Renewed Weakness Reignites Concerns About CBN’s Forex Measures first appeared on New Telegraph.
New Telegraph.
IMF To Nigeria, Others: Invest Borrowed Funds In Productive Sectors
The Deputy Division Chief of Regional Studies in the African Department at the International Monetary Fund (IMF), Wenjie Chen, has advised sub Saharan African countries including Nigeria to channel borrowed funds into productive sectors of the economy that yield returns. Speaking in an interview, she said: “For instance, if they (sub-Saharan African countries) were to…
The post IMF To Nigeria, Others: Invest Borrowed Funds In Productive Sectors first appeared on New Telegraph.
New Telegraph.
Nigerian Idol: Bigi Strengthens Hold As Headline Sponsor
One of the leading Nigerian beverage brands, Bigi Carbonated Soft Drink, has announced that it is again the headline sponsor of the 9th season of Nigerian Idol, Africa’s biggest music reality TV show, as it has previously powered it in three other editions – Seasons 6, 7, and 8. This reaffirms Bigi’s commitment to supporting…
The post Nigerian Idol: Bigi Strengthens Hold As Headline Sponsor first appeared on New Telegraph.
New Telegraph.
As Artiste We Can Pick Inspiration From Anywhere –Olutoyin
Inspiration to pursue a career in dance It’s passion I guess. That you can tell a story without talking and the audience can understand what you are trying to say without much explanation. Also when the audience is able to draw their on interpretation without being confused. The joy and fulfillment of teaching and it…
The post As Artiste We Can Pick Inspiration From Anywhere –Olutoyin first appeared on New Telegraph.
New Telegraph.
Nigeria, Germany Promote Peace, Love, Unity With OFUOBI Dance Piece
For about one hour, the Consulate General of the Federal Republic of Germany, Walter Carrington Crescent, Victoria Island, Lagos, echoed with vibrant, awe-inspiring and captivating dance performance that brought to the fore, the power and significance of dance as a veritable medium for the promotion of peace, love, unity among nations and cultures. Titled ‘OFUOBI’,…
The post Nigeria, Germany Promote Peace, Love, Unity With OFUOBI Dance Piece first appeared on New Telegraph.
New Telegraph.
Container Vessels Snub Calabar Port Over Shallow Channel
Shallow channel and low tide have made container vessels to abandoned Calabar Port in the last 25 years. The critical limitation facing port is the current shallow draft spanning 84 kilometres and it is as low as 5.2 metres at low tide and 6.2 metres at high tide. Worried by the state of the port,…
The post Container Vessels Snub Calabar Port Over Shallow Channel first appeared on New Telegraph.
New Telegraph.
NSC Moves Against Unlawful Practice By Shipping Firms
Despite Federal Government’s various reforms, such as the introduction of the Nigerian Port Process Manual (NPPM) and the use of technology like Nigerian Customs Information System (NCIS) and the Port Community System (PCS), arbitrary charges in Nigerian ports is one of the common issues faced by importers and exporters. For instance, some of the arbitrary…
The post NSC Moves Against Unlawful Practice By Shipping Firms first appeared on New Telegraph.
New Telegraph.
NGX: Gunning For Digital Recapitalisation Arrangements
The drive to attract the young generations into Nigeria’s capital market may be yielding positive results soon as the Nigerian Exchange Group is creating an application that will make it easier to trade and make wealth in the market. This move is very crucial as creating an inclusive playing field in the Nigerian capital market…
The post NGX: Gunning For Digital Recapitalisation Arrangements first appeared on New Telegraph.
New Telegraph.
ICBS Endorses Revised Core Principles For Effective Banking Supervision
Over 220 central bankers and banking supervisors representing more than 90 jurisdictions met last week in Basel for the 23rd International Conference of Banking Supervisors (ICBS). According to a press release issued by the Basel Committee, delegates endorsed the Committee’s revised core principles for effective banking supervision, the global standard for the sound prudential regulation…
The post ICBS Endorses Revised Core Principles For Effective Banking Supervision first appeared on New Telegraph.
New Telegraph.
Ondo Poll: PDP Urges Ajayi To Reach Out To Co-Contestants, Unite Members
The People’s Democratic Party (PDP) has tasked its candidate for the November 16 Ondo State governorship election, Agboola Ajayi, to reach out his co-contestants during the primary and unite the party ahead of the election. Acting National Chairman, Ambassador Umar Damagum who spoke on Tuesday while presenting certificate of return to the candidate, advised him…
The post Ondo Poll: PDP Urges Ajayi To Reach Out To Co-Contestants, Unite Members first appeared on New Telegraph.
New Telegraph.
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