Breaking News in Nigeria Today Wednesday 26th June 2024
Here are some of the Breaking News in Nigeria Today Wednesday 26th June 2024 on some of the nation newspapers .
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Global Survey Shows Significant Consensus For Stronger Climate Action
The overwhelming majority of people around the world want an end to geopolitical differences when it comes to fighting climate change, the results of a landmark public opinion poll conducted by the UN Development Programme (UNDP) has shown. “Peoples’ Climate Vote 2024,” the biggest ever standalone public opinion survey on climate change, also showed that…
The post Global Survey Shows Significant Consensus For Stronger Climate Action first appeared on New Telegraph.
New Telegraph.
‘African Countries Should Establish Credit Rating Agencies’
African countries need to establish their own credit rating agencies so as to make it possible for more companies to issue bonds that could help develop the local financial markets and enable such countries to reduce costs of borrowing as well as increase access to capital markets, an Associate Professor in Finance, University of Ghana…
The post ‘African Countries Should Establish Credit Rating Agencies’ first appeared on New Telegraph.
New Telegraph.
Report: Nigerian Banks, Others Face Sovereign Exposure-Induced Risks
Banks in sub-Saharan African countries, including Nigeria, faced risks associated with sovereign exposure throughout last year and will continue to do so even as these risks are expected to diminish over time, a report by Fitch Solutions has said. The report stated that during Covid-19, banks’ holdings of government debt and claims to the public…
The post Report: Nigerian Banks, Others Face Sovereign Exposure-Induced Risks first appeared on New Telegraph.
New Telegraph.
Concerns Mount Over Fiscal Crisis Amid Nigeria’s Rising Debt
Clearly, the sharp increase in Nigeria’s public debt in the last decade, especially under former President, Muhammadu Buhari, was a source of concern for most financial experts and analysts. For instance, in a report released in May last year, entitled, “The Economic Legacy of the Buhari Administration,” the civic tech organisation, BudgIT, lamented that the…
The post Concerns Mount Over Fiscal Crisis Amid Nigeria’s Rising Debt first appeared on New Telegraph.
New Telegraph.
Fishing: Trawler Operators Seek N280bn Grant To Acquire Vessels
I ndigenous trawler operators are seeking government support to acquire 100 vessels valued at N280 billion ($200 million) for fishing in the country. It was learnt that about 40 per cent of their fishing boats had been grounded due to high cost of fuel and maintenance. It was learnt the cost of a trawler is…
The post Fishing: Trawler Operators Seek N280bn Grant To Acquire Vessels first appeared on New Telegraph.
New Telegraph.
Report: Nigerian Employers To Vote On New Hiring, Firing Code
Employers, labour unions and rights groups in Nigeria and other parts of Africa have until October to respond to a new proposal that will require organisations to report on how they hire and pay workers and other welfare issues including leave days. The proposals, known as ‘Topic Standard Project for Human Rights’, have been put…
The post Report: Nigerian Employers To Vote On New Hiring, Firing Code first appeared on New Telegraph.
New Telegraph.
Import Drops As Cost Of Clearing Increases By 250%
Cost of clearing cargoes at the nation’s seaports has increased by 250 per cent in less than one year because of unstable and indiscriminate increases in rates for duty payments. The Customs import duties are usually set by the Central Bank of Nigeria (CBN) and is currently taken a toll on importation business. Findings revealed…
The post Import Drops As Cost Of Clearing Increases By 250% first appeared on New Telegraph.
New Telegraph.
Tinubu Congratulates Sanwo-Olu On Birthday
President Bola Tinubu yesterday congratulated Lagos State Governor Babajide Sanwo-Olu on his birthday. A statement by his spokesman, Ajuri Ngelale, yesterday, said Sanwo-Olu had a successful career in the private sector before joining the public service, scaling the leadership ladder. Sanwo-Olu was elected Governor of Lagos State in 2019 and re-elected in 2023 for a…
The post Tinubu Congratulates Sanwo-Olu On Birthday first appeared on New Telegraph.
New Telegraph.
NFF May Adopt Pinnick’s Policy In Appointing New Eagles Coach
The Nigeria Football Federation (NFF) may not follow the recommendation of its Technical Committee when appointing a new foreign coach for the Super Eagles, as Ibrahim Gusauled board looks to adopt an approach employed by its predecessor in hiring of expatriates for the national team. Former NFF President Amaju Pinnick unilaterally appointed both Gernot Rohr…
The post NFF May Adopt Pinnick’s Policy In Appointing New Eagles Coach first appeared on New Telegraph.
New Telegraph.
Euro 2024: Austria Beat Netherlands To Top Group As Poland Hold France
Austria produced a hugely impressive performance that will make others take notice at Euro 2024 as they beat the Netherlands to progress to the last 16 as Group D winners. Despite being handed a tough draw with the Dutch and France, Ralf Rangnick’s side won two of their three games to go finish top of…
The post Euro 2024: Austria Beat Netherlands To Top Group As Poland Hold France first appeared on New Telegraph.
New Telegraph.
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