Breaking News in Nigeria Today : Thursday 23rd May 2024

Breaking News in Nigeria Today Thursday 23rd May 2024

Here are some of the Breaking News in Nigeria Today Thursday 23rd May 2024 on some of the nation newspapers .

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Nigeria News Today Thursday 23rd May 2024

Investors Lose N89bn As All-share Index Drops 16bps

The Nigerian stock market on Thursday slipped as the benchmark index closed 0.16 per cent weaker at 98,128.00 points. Sell pressure in GTCO (-3.55%), ZENITHBANK (-4.62%) and FBNH (-0.44%) drove the market’s negative performance. As a result, the year-to-date (YTD) return fell to 31.23 per cent, while market capitalisation shed by N89.00 billion to close…
The post Investors Lose N89bn As All-share Index Drops 16bps first appeared on New Telegraph.
New Telegraph.

5 For 5 Promo: Wema Bank Earmarks N10m For Season 3 Winners

Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to wrap up the Season 3 edition of its remarkable reward initiative, the 5 for 5 Promo, in a grand finale slated for Friday, May 31, 2024, in Lagos. Wema Bank 5 for 5 Promo is a reward…
The post 5 For 5 Promo: Wema Bank Earmarks N10m For Season 3 Winners first appeared on New Telegraph.
New Telegraph.

Ecobank Earmarks N15m For Chess Championship

More than 200 schools have so far registered for the National Schools’ Team Chess Championship being organised by Ecobank Nigeria in collaboration with Nigeria Chess Federation (NCF). A statement said that the competition, which is scheduled to kick off on Friday 24 at the Ecobank Pan African Centre (EPAC) on Victoria Lagos, is open to…
The post Ecobank Earmarks N15m For Chess Championship first appeared on New Telegraph.
New Telegraph.

IB Announces New Beer, SKUs Prices

The prevailing economic realities in the country has again made International Breweries (IB) Plc to further increase the prices of its beer and other Stock-Keeping Units (SKUs) products effective from June 1. The increase indicates that inflation is taking a huge toll on its production costs. The National Bureau of Statistics (NBS) had announced that…
The post IB Announces New Beer, SKUs Prices first appeared on New Telegraph.
New Telegraph.

Inadequate Family Planning Commodities In Adamawa Worrisome – Expert

A Family Planning expert and Adamawa State Project Manager of The Challenge Initiative (TCI), Mr Godiya Yusuf has said inadequate Family Planning commodities in the state is worrisome and needs urgent attention. Speaking with New Telegraph in Jabbi Lamba and Shangere Primary Health Care Centres in Girei Local Government Area of the state, Mr Godiya…
The post Inadequate Family Planning Commodities In Adamawa Worrisome – Expert first appeared on New Telegraph.
New Telegraph.

Lender Records PBT Of N11.2bn

Jaiz Bank Plc has released its 2023 full-year financial results and unaudited financial statements for the period ended March 31, 2024, to the Nigerian Exchange Group (NGX). The bank reported a profit before tax of N11.2 billion in 2023, a significant increase from the N6.9 billion recorded in 2022. Additionally, the bank posted a profit…
The post Lender Records PBT Of N11.2bn first appeared on New Telegraph.
New Telegraph.

Adedipe To Deliver Keynote Address At Supernews SMEs Conference

Renowned economist and the MD/CEO, Biodun Adedipe & Associates Ltd., Dr. Biodun Adedipe, will deliver the keynote speech at the SUPERNEWS Nigeria Small and Medium Enterprises (SMEs) Forum 2024, scheduled for June 13, 2024, at Radisson Hotel, GRA Ikeja, Lagos. According to a press release by the organisers, the Director General, Small and Medium Enterprises…
The post Adedipe To Deliver Keynote Address At Supernews SMEs Conference first appeared on New Telegraph.
New Telegraph.

Manufacturers To Explore ARSO Expo For Product Exhibition

The Standards Organisation of Nigeria (SON) has disclosed that the trade expo at the African Organisation for Standardisation (ARSO) will present a unique opportunity for local manufacturers/producers to showcase Nigerian products to the continent and the world. The 2024 expo is in commemoration of ARSO’s 30th General Assembly. In a statement in Lagos recently, SON…
The post Manufacturers To Explore ARSO Expo For Product Exhibition first appeared on New Telegraph.
New Telegraph.

Sogunle Tasks Youths On Knowledge Acquisition, Integrity

The Chief Executive of Stanbic IBTC Holdings, Dr. Demola Sogunle, has advised Nigerian youths to ensure that they acquire the pertinent knowledge that will enable them achieve self-actualisation. Sogunle gave the advice at the University of Lagos, Akoka, on Wednesday while speaking at this year’s edition of the financial institution’s Youth Leadership Series (YLS), which…
The post Sogunle Tasks Youths On Knowledge Acquisition, Integrity first appeared on New Telegraph.
New Telegraph.

Naira Rises On Official Market To N1,462.59/$1 On MPR Hike

The naira strengthened further on the official market on Wednesday, closing at N1,462.59/per dollar, compared to N1,465/$1 on Tuesday, data from FMDQ shows. The local currency also gained slightly against the dollar on the parallel market yesterday as it traded at N1,470 per dollar compared to N1,475 per dollar on Tuesday, currency traders said. Analysts,…
The post Naira Rises On Official Market To N1,462.59/$1 On MPR Hike first appeared on New Telegraph.
New Telegraph.

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