Breaking News in Nigeria Today Friday 24th May 2024
Here are some of the Breaking News in Nigeria Today Friday 24th May 2024 on some of the nation newspapers .
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Benchmark Index Extends Losses On Sustained Sell Pressure
Continued sell pressure in GTCO (-2.63%), ZENITHBANK (-0.48%) and UBA (-1.72%) drove Thursday market’s negative performance. The domestic bourse extended losses from the previous session as the benchmark index slipped by 0.15 per cent to close at 97,978.02 points. Consequently, the market is on track for a third un-interupted weekly loss. The ASI year-to-date (YTD)…
The post Benchmark Index Extends Losses On Sustained Sell Pressure first appeared on New Telegraph.
New Telegraph.
NEN Infrastructure Private Bond Oversubscribed
Emerging Africa Group has acted as a financial adviser and the lead issuing house for the NEN Infrastructure Limited 10-year private bond. A statement from Emerging Africa midweek indicated that the bond was oversubscribed. The bond led to the full repayment of N36 billion syndicated bridge finance provided jointly in 2023 by Emerging Africa Capital…
The post NEN Infrastructure Private Bond Oversubscribed first appeared on New Telegraph.
New Telegraph.
S&P 500, Nasdaq Scale Fresh Intraday Record Highs
The tech-heavy Nasdaq climbed on Thursday as investors cheered AI chip leader Nvidia’s blowout revenue forecast, but persistent worries about U.S. inflation limited gains in the broader U.S. market. Certain chipmakers and AI-related stocks also rode the coattails of a 10.5 per cent jump in Nvidia shares (NVDA.O), opens new tab that carried the semiconductor…
The post S&P 500, Nasdaq Scale Fresh Intraday Record Highs first appeared on New Telegraph.
New Telegraph.
Lagos Muslim Community Moves To Assist PhD Students
The Muslim Community of Lagos State (MCLS) has launched a scheme to award scholarships to Muslim students pursuing their doctorate degrees. The May 19 event at the University of Lagos Central Mosque Event Hall was chaired by the Chairman of the Governor’s Advisory Council (GAC) Prince Tajudeen Olusi. It was learnt that 10 Muslim doctorate…
The post Lagos Muslim Community Moves To Assist PhD Students first appeared on New Telegraph.
New Telegraph.
AFC Wins Panafrican Champion Award At CEO Forum
Africa Finance Corporation (AFC) has been bestowed the Panafrican Champion award at the just concluded 2024 Africa CEO Forum in Kigali, Rwanda. According to a press release, the “accolade recognises AFC’s outstanding contribution to the instrumental development and integration of infrastructure and industrial value chains across the African continent, reinforcing its role as a pivotal…
The post AFC Wins Panafrican Champion Award At CEO Forum first appeared on New Telegraph.
New Telegraph.
The Alternative Bank Opens Altclub At Lagos Airport
Travelers at Murtala Muhammed Airport Terminal 2 (MMA2) can now enjoy a new level of comfort and convenience with the launch of Altclub by The Alternative Bank. According to a press release, the innovative premium space offers a luxurious retreat where passengers can relax and recharge before their flights, while also catering to their basic…
The post The Alternative Bank Opens Altclub At Lagos Airport first appeared on New Telegraph.
New Telegraph.
Naira Falls To N1,485.66/$1 On Official Market
After maintaining an uptrend for four consecutive days, the naira depreciated to N1,485.66/$1 on the official market on Thursday, compared to N1,462.59/per dollar on Wednesday, data from FMDQ shows. The local currency was, however, unchanged against dollar on the parallel market yesterday as it traded at N1,470 per dollar the same rate it closed at…
The post Naira Falls To N1,485.66/$1 On Official Market first appeared on New Telegraph.
New Telegraph.
Post-amnesty Era:we’ve Been Made Redundant For Too Long, Laments Tonye Bobo
Prior to the introduction of the Amnesty programme in 2009, life for the Niger Delta youths, particularly Ijaw youths that took up arms against their fatherland, making the creeks their home and operating base, life was on a fast pace for most of them. Besides the money that they were making from their different operations,…
The post Post-amnesty Era:we’ve Been Made Redundant For Too Long, Laments Tonye Bobo first appeared on New Telegraph.
New Telegraph.
Why Nigeria Should Consider Going Back To Parliamentary System Of Govt, By Ajaero
Comrade Joe Ajaero is the president of Nigeria Labour Congress (NLC). In this interview, he speaks on labour’s demand for an new minimum wage; his recent fight with the National Chairman of Labour Party (LP), Julius Abure and reasons why Nigeria should adopt the parliamentary system of government, among other issues What is the position…
The post Why Nigeria Should Consider Going Back To Parliamentary System Of Govt, By Ajaero first appeared on New Telegraph.
New Telegraph.
Obasanjo, Makinde, Ooni Of Ife, Others Celebrate Adeleke As Asiwaju Of Edeland
…Succeeds eldest brother who last held the title Background Osun State, hosted a star-studded event on Monday, May 13, 2024 as Governor Ademola Adeleke was installed as the Asiwaju of Edeland. It was a two-in-one event as the governor also clocked 64 years on the day. His birthday was marked with fun fair alongside his…
The post Obasanjo, Makinde, Ooni Of Ife, Others Celebrate Adeleke As Asiwaju Of Edeland first appeared on New Telegraph.
New Telegraph.
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