Breaking News in Nigeria Today Monday 3rd June 2024
Here are some of the Breaking News in Nigeria Today Monday 3rd June 2024 on some of the nation newspapers .
Read also
African Reinsurers’ Operations Threatend By Inflation, Currency Devaluation
A new study by Atlas Magazine has shown that in 2023, all sub-Saharan reinsurers worked in a difficult operating environment marked by volatile oil prices, double-digit inflation, supply chain tensions and the depreciation of many local currencies. According to the report, despite environmental difficulties, reinsurers in the region exhibited stable underwriting results. It noted that…
The post African Reinsurers’ Operations Threatend By Inflation, Currency Devaluation first appeared on New Telegraph.
New Telegraph.
Stanbic IBTC Insurance Receives Financial Report Approval
Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, has emerged as the first insurance company in Nigeria to have successfully obtained vetting and approval from the National Insurance Commission (NAICOM) for its 2023 full year financial report. According to a press release, “as the first insurance provider to receive such vetting by the industry…
The post Stanbic IBTC Insurance Receives Financial Report Approval first appeared on New Telegraph.
New Telegraph.
IIF: Emerging Markets To Record $903bn Net Capital Flows In 2024
Major developing economies are expected to see net capital inflows this year rise by nearly a third to $903 billion, though much of that hinges on global growth holding up, a report by banking trade group, the Institute of International Finance (IIF) has said. According to the report, the 32 per cent net increase is…
The post IIF: Emerging Markets To Record $903bn Net Capital Flows In 2024 first appeared on New Telegraph.
New Telegraph.
World Bank, IMF Deepen Joint Effort To Intensify Climate Action
The World Bank Group and the International Monetary Fund (IMF) have announced that they are deepening their cooperation through an enhanced framework to help countries scale up action to confront the threat of climate change. In a press release issued over the weekend, the IMF said that the collaboration will provide critical support for countries’…
The post World Bank, IMF Deepen Joint Effort To Intensify Climate Action first appeared on New Telegraph.
New Telegraph.
Weekly Wrap-up: ASI Moves Towards 100k Mark
The NGX All-Share Index and Market Capitalisation appreciated by 1.73 per cent to close the week at 99,300.38 and N56.172 trillion respectively. Similarly, all other indices finished higher with the exception NGX Industrial Goods and NGX Growth, which depreciated by 0.13 per cent and 0.29 per cent respectively while the NGX ASeM and NGX Sovereign…
The post Weekly Wrap-up: ASI Moves Towards 100k Mark first appeared on New Telegraph.
New Telegraph.
Fidelity Bank Delivers 507% Gain In Five Years
I nvestors in Fidelity Bank Plc have earned more than 507 per cent in capital gains over the past five years, ranking above all other major return benchmarks at the Nigerian stock market and the entire banking sector. Trading reports at the Nigerian stock market for the five-year period between May 31, 2019 and May…
The post Fidelity Bank Delivers 507% Gain In Five Years first appeared on New Telegraph.
New Telegraph.
FG To Deploy Technology For Surveillance Of Mining Sites
The Minister of Solid Minerals Development, Dele Alake, at the weekend said the Federal Government will deploy technology for the surveillance of mining sites across the country. Alake said this in an interview with the News Agency of Nigeria (NAN) yesterday in Abuja. He said the technology would be in addition to the 2,220 personnel…
The post FG To Deploy Technology For Surveillance Of Mining Sites first appeared on New Telegraph.
New Telegraph.
Employment: Commission Raises The Alarm Over Activities Of Fraudsters
The Ondo State Teaching Service Commission has raised the alarm over activities of some people who are extorting money from applicants with the promise to give them teaching employment in government schools. About 32,000 applicants have applied for the 1, 000 teaching jobs available at the state Teaching Service Commission and the commission has conducted…
The post Employment: Commission Raises The Alarm Over Activities Of Fraudsters first appeared on New Telegraph.
New Telegraph.
Niger Gov Slashes Registration Fee At Abdulkadir Kure Varsity By 50%
Niger State Governor, Umaru Bago, has approved a 50 per cent reduction in the registration fees of all the students studying in Abdulkadir Kure University, Minna. This largesse was part of his efforts to ease the burden on parents following the removal of fuel subsidy. The Pro-Chancellor of the university disclosed this in an interview…
The post Niger Gov Slashes Registration Fee At Abdulkadir Kure Varsity By 50% first appeared on New Telegraph.
New Telegraph.
I’ll Not Be Derailed By Side Attractions –Guber Candidate
The Labour Party (LP) flag bearer in the September 21 governorship election in Edo State, Olumide Akpata, has said that he would not allow himself to be derailed by what he tagged ‘side attractions.’ Akpata made the disclosure while reacting to how the ongoing leadership crisis rocking his party a few weeks to the poll…
The post I’ll Not Be Derailed By Side Attractions –Guber Candidate first appeared on New Telegraph.
New Telegraph.
Read also
You can also check
