Breaking News in Nigeria Today Wednesday 15th May 2024
Here are some of the Breaking News in Nigeria Today Wednesday 15th May 2024 on some of the nation newspapers .
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SEC: Reinforcing Policies For Effective Regulation
The Securities and Exchange Commission (SEC) is currently on a turbo drive with policy realignment to redirect the capital market for improved investor confidence, Rhoda Ogunseye writes In less than two weeks of assuming office in an acting capacity as the Director General of SEC, Dr. Emomotimi Agama has continued to churn out policies that…
The post SEC: Reinforcing Policies For Effective Regulation first appeared on New Telegraph.
New Telegraph.
Kenyan President Seeks $25bn Replenishment Of African Development Fund
Kenya’s President, William Ruto, has stepped up his campaign for a substantial replenishment of the African Development Fund, according to a press release. The Fund is the concessional window of the African Development Bank Group (AfDB). The statement said that President Ruto reaffirmed his advocacy during a high-level meeting with Dr Akinwumi Adesina, President of…
The post Kenyan President Seeks $25bn Replenishment Of African Development Fund first appeared on New Telegraph.
New Telegraph.
World Bank Highlights Impact Of Climate Change On Education
A new World Bank policy note has highlighted latest evidence on how climate change is eroding education outcomes, including through increased school closures, and what to do about it. According to the note, over the past 20 years, schools were closed during around 75 per cent or more of the extreme weather events that impacted…
The post World Bank Highlights Impact Of Climate Change On Education first appeared on New Telegraph.
New Telegraph.
Fitch: ESG Sukuk To Top $50bn By 2026
The Environmental, Social and Governance (ESG) Sukuk will cross $50 billion mark globally within the next two years, as issuers aim to meet their funding diversification goals and ESG mandates, alongside new regulatory frameworks, Fitch Ratings has said. However, according to the credit rating agency, risks include, geopolitical volatilities, surging oil prices that could reduce…
The post Fitch: ESG Sukuk To Top $50bn By 2026 first appeared on New Telegraph.
New Telegraph.
Reforms: IMF Report Highlights Outstanding Tasks For CBN, FG
With the International Monetary Fund (IMF) raising its forecast for Nigeria’s economic growth, in its April 2024 World Economic Outlook (WEO), to 3.3 per cent this year from the 3.0 per cent growth projection for the country that it announced in January and also with the Fund saying at the time that it expects the…
The post Reforms: IMF Report Highlights Outstanding Tasks For CBN, FG first appeared on New Telegraph.
New Telegraph.
Maritime Stakeholders Fret Over N5.6trn Annual Loss
Stakeholders in the maritime sector have said Nigeria is losing N5.6 trillion ($4 billion) due to the absence of local marine transportation. Also, they expressed their grievances over lack of data for ships and seafarers operating on Nigerian waters. According to the Senior Partner at Akabogu and Associates, Dr Emeka Akabogu, there is no availability…
The post Maritime Stakeholders Fret Over N5.6trn Annual Loss first appeared on New Telegraph.
New Telegraph.
Report: E-payment Transactions Fall By 9.31% To N79.85trn
Transactions through electronic payment (e-payment) channels in the country fell by 9.31 per cent to N79.85 trillion in April 2024 from N88.04 trillion recorded in the previous month, a report by Financial Derivatives Company Limited (FDC) has shown. The firm, which cites e-payment transactions data obtained from the Nigeria Interbank Settlement System (NIBSS), stated that…
The post Report: E-payment Transactions Fall By 9.31% To N79.85trn first appeared on New Telegraph.
New Telegraph.
Demurrage: Importers To Pay N4.03bn For 1,600 Trapped Containers
More than 1,600 containers have been trapped at the Lagos, Tincan Island and Kirikiri Lighter Terminal (KLT) ports over server failure in the last three weeks, leading to loss of N4.03 billion by importers. It was learnt that the trapped imports were attracting an aggregate demurrage of N192 million daily at the various terminals. Worried…
The post Demurrage: Importers To Pay N4.03bn For 1,600 Trapped Containers first appeared on New Telegraph.
New Telegraph.
JAMB Releases Additional 36,540 UTME Results
…dismiss viral fictitious letter on alleged cyber security breach The Joint Admissions and Matriculation Board (JAMB) has released additional 36,540 UTME results, which were earlier withheld for further investigation. This was in addition to the 531 results released the previous week which brings the total results released to 1,879,437. Meanwhile, the Board has dismissed a…
The post JAMB Releases Additional 36,540 UTME Results first appeared on New Telegraph.
New Telegraph.
How Accessible Studybase Will Build Resilience, Sustain Publishing Industry – Adedapo
…as Accessible Publishers showcases children’s authors, Anote Ajeluorou, Funmi Ilori, Bolaji Ladipo Teaching and learning in today’s modern classrooms and school administration received a boost last Thursday with the launch of the innovative, revolutionary and modern educational tool called Accessible Studybase Learning Management Platform. The launch, which had as theme, ‘Leverage Technology to Enhance Learning…
The post How Accessible Studybase Will Build Resilience, Sustain Publishing Industry – Adedapo first appeared on New Telegraph.
New Telegraph.
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