Breaking News in Nigeria Today : Monday 20th May 2024

Breaking News in Nigeria Today Monday 20th May 2024

Here are some of the Breaking News in Nigeria Today Monday 20th May 2024 on some of the nation newspapers .

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Nigeria News Today Monday 20th May 2024

Nigeria Not A Democratic State By Any Means – Agbakoba

… says nation not travelling on the right path Olisa Agbakoba, a Senior Advocate of Nigeria (SAN), is a former president of the Nigeria Bar Association (NBA). In this interview with SUCCESS NWOGU, he speaks on the state of the nation, the political crisis in Rivers State and other issues The Senate recently passed a…
The post Nigeria Not A Democratic State By Any Means – Agbakoba first appeared on New Telegraph.
New Telegraph.

Social Entrepreneur Seeks Priority Funding For Africa’s Agric Startups

A social entrepreneur and cofounder of Agriarche, Deina Mayaki, has said that Africa urgently needs to bolster investment in its agriculture sector as a strategic move to enhance its Gross Domestic Product (GDP). In a statement, she highlighted the glaring insufficiency of funding directed towards the agriculture sector, despite its role in employing over 60…
The post Social Entrepreneur Seeks Priority Funding For Africa’s Agric Startups first appeared on New Telegraph.
New Telegraph.

Digital Currency: ABCON Seeks SEC’s Collaboration In Harmonising P2P FX Sector

The Association of Bureaux De Change Operators of Nigeria (ABCON) has called for Securities and Exchange Commission (SEC’s) guidance and collaboration in harmonising peer-to-peer (P2P) forex sector in the country. In an official courtesy visit to the newly appointed SEC Director-General, Dr. Timi Agama, the President of Association of Bureau de Change Operators of Nigeria,…
The post Digital Currency: ABCON Seeks SEC’s Collaboration In Harmonising P2P FX Sector first appeared on New Telegraph.
New Telegraph.

Group Woos Indonesian Businesses To Nigeria’s Non-oil Trade Potential

The Nigerian Indonesian Chamber of Commerce (NICCI) has called on Indonesian businesses to harness the exportable opportunities of the Nigerian non-oil economy to enhance bilateral trade between both countries. Mr Ishmael Balogun, NICCI President, made the call at a news conference on Friday in Lagos to detail the forthcoming Nigerian Indonesian Investment and Trade Forum…
The post Group Woos Indonesian Businesses To Nigeria’s Non-oil Trade Potential first appeared on New Telegraph.
New Telegraph.

$25bn Nigeria-morocco Gas Project Advances Into Northern Section

The Nigeria-Morocco Gas Pipeline project which will gulp about $25 billion has advanced to the commencement of topographic surveys in the northern section. This was disclosed by an official of ETAFAT, the firm overseeing the project that is expected to greatly and positively advance African development and fasttrack economic growth and regional integration. Once completed,…
The post $25bn Nigeria-morocco Gas Project Advances Into Northern Section first appeared on New Telegraph.
New Telegraph.

‘Binance Breached Nigerian Law, Operated Naira P2P For Crypto Assets’

A Director with the Security and Exchange Commission (SEC), Abdulkadir Abbas, on Friday, told a Federal High Court, Abuja how Binance Holdings Ltd breached the Nigerian law to operate naira peer-topeer services in exchange of crypto assets. Abbas, the Director of Registration, Exchanges and Market Infrastructure Department at SEC, disclosed this while testifying before Justice…
The post ‘Binance Breached Nigerian Law, Operated Naira P2P For Crypto Assets’ first appeared on New Telegraph.
New Telegraph.

Mbah: Transparency And Access To Information Are Vital In Attracting Investors

How has the climate change crisis affected productivity in Nigeria? Climate change has affected productivity in Nigeria in diverse ways. In the agricultural sector, extreme temperatures and season variations have decreased crop yield and increased food insecurity. And that is one factor contributing to food scarcity in the country. In the health sector, increased temperatures…
The post Mbah: Transparency And Access To Information Are Vital In Attracting Investors first appeared on New Telegraph.
New Telegraph.

Telecoms: Mobile Services To Contribute N67trn To Nigeria’s GDP By 2028

I f all the necessary policies are put in place, Nigeria’s mobile services will contribute additional N67 trillion to the country’s Gross Domestic Product in the next four years. This was revealed by the Global System for Mobile Communications (GSMA) in its latest report. The body stated that the contribution of the mobile communications sector…
The post Telecoms: Mobile Services To Contribute N67trn To Nigeria’s GDP By 2028 first appeared on New Telegraph.
New Telegraph.

Nigeria-US ‘Open Skies’ Engenders High Aviation Safety, Security

The U.S.-Nigeria Air Transport Agreement, which has been provisionally applied since 2000, entered into force on May 13, 2024. The agreement includes provisions that allow for unrestricted capacity and frequency of services, open route rights, a liberal charter regime, and open code-sharing opportunities between the two countries. “This bilateral agreement establishes a modern civil aviation…
The post Nigeria-US ‘Open Skies’ Engenders High Aviation Safety, Security first appeared on New Telegraph.
New Telegraph.

Nigeria Loses N3.4trn To Fraudulent War Risk Insurance Payment

Nigeria has lost more than N3.4 trillion ($2.4 billion) in the last six years to War Risk Insurance (WRI) premium paid annually on crew and cargoes to Lloyd of London, (P&I) Insurance and other foreign companies on cargoes. War risk insurance covers damage due to acts of war, including invasion, insurrection, rebellion and ship hijacking….
The post Nigeria Loses N3.4trn To Fraudulent War Risk Insurance Payment first appeared on New Telegraph.
New Telegraph.

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