Breaking News in Nigeria Today Wednesday 5th June 2024
Here are some of the Breaking News in Nigeria Today Wednesday 5th June 2024 on some of the nation newspapers .
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Fitch Affirms GTCO At ‘B-‘; Outlook Positive
Fitch Ratings has affirmed Guaranty Trust Holding Company Plc’s (GTCO) and its main operating subsidiary Guaranty Trust Bank Limited’s (GTB), Long-Term Issuer Default Ratings (IDRs) at ‘B-’ with positive outlooks. Fitch also affirmed the issuers’ National Long-Term Ratings at ‘AA (nga)’ with stable outlooks. In a statement, the credit rating agency said the issuers’ IDRs…
The post Fitch Affirms GTCO At ‘B-‘; Outlook Positive first appeared on New Telegraph.
New Telegraph.
OECD: Climate Finance For Developing Countries Hit $115.9bn In 2022
Developed countries provided and mobilised $115.9 billion in climate finance for developing countries in 2022, exceeding the annual $100 billion goal for the first time and reaching a level that had not been expected before 2025, the Organization for Economic Co-operation and Development (OECD) has said. According to new data released by the organisation, in…
The post OECD: Climate Finance For Developing Countries Hit $115.9bn In 2022 first appeared on New Telegraph.
New Telegraph.
Customs Seeks Elimination Of 200 Cargo Clearing Documents
The Nigeria Customs Service (NCS) is seeking replacement of 200 cargo clearing documents with a single document for efficient service delivery at the nation’s seaports. The service noted that as the country was gradually moving to meet the 2025 target set by the International Maritime Organisation (IMO) for nations to attain the Port Community System,…
The post Customs Seeks Elimination Of 200 Cargo Clearing Documents first appeared on New Telegraph.
New Telegraph.
Robust Private Sector Credit Growth Defies Rate Hikes
In the wake of the release of data by the Central Bank of Nigeria (CBN), which showed that credit to the private sector declined by 11.93 per cent to N71.21 trillion in March, from N80.86 trillion in February, FBNQuest predicted in a report, published early last month, that it expects PSCE to drop further as…
The post Robust Private Sector Credit Growth Defies Rate Hikes first appeared on New Telegraph.
New Telegraph.
BIS, Central Banks, IIF Partner To Boost Cross-border Payments
Project Agorá, launched by the Bank for International Settlements (BIS), a group of leading central banks and the Institute of International Finance (IIF), has invited the private sector to join its exploration of how tokenisation can enhance the functioning of wholesale cross-border payments. The statement said: “Project Agorá is a joint public-private initiative of the…
The post BIS, Central Banks, IIF Partner To Boost Cross-border Payments first appeared on New Telegraph.
New Telegraph.
Ashabi Simple Shares Loved-Up Video With Portable Amid Second Child Hint
Ashabi Simple, the 4th baby mama of controversial Nigerian singer, Habeeb Okikiola, better known as Portable on Tuesday shared a loved-up video with the singer after she was dragged online. New Telegraph recalls that Portable had berated his baby mama who was alleged to be expecting another baby for the singer for taking influencing jobs…
The post Ashabi Simple Shares Loved-Up Video With Portable Amid Second Child Hint first appeared on New Telegraph.
New Telegraph.
Shell, Partners Spent $42.2m On Direct Social Investments In 2023
The three Shell companies in Nigeria and their partners in 2023 spent a total of $42.2 million on direct social investments, according to a statement issued on Tuesday by Communications, Media and NGO Relations Manager, Bamidele Odugbesan. The statement further stated that this is a 23% increase compared to the $34.29 million, spent in the…
The post Shell, Partners Spent $42.2m On Direct Social Investments In 2023 first appeared on New Telegraph.
New Telegraph.
Reps Hails Suspension Of Strike, Restates Commitment For Truce
The House of Representatives on Tuesday welcomed the suspension of strike action by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), assuring that it will continue to engage all relevant stakeholders towards finding an amicable resolution to the impasse This was contained in a statement issued by the Chairman of the House Committee…
The post Reps Hails Suspension Of Strike, Restates Commitment For Truce first appeared on New Telegraph.
New Telegraph.
Zamfara: Yari To Distribute 104 Trucks Of Rice, Assorted Fertilizer
Former Governor of Zamfara State, Senator Abdulaziz Yari Abubakar has procured 28 trucks of rice to be distributed to the needy across the 14 LGA’s of the state aimed to cushion the hardship they are facing ahead of the forthcoming Sallah celebrations, with 76 trucks of assorted fertilizer to be sold to farmers at subsidized…
The post Zamfara: Yari To Distribute 104 Trucks Of Rice, Assorted Fertilizer first appeared on New Telegraph.
New Telegraph.
Akwa Ibom LG Election To Hold October 26
Akwa Ibom State on Tuesday announced that the State Local Government election is scheduled to hold on October 26 in the 31 local government areas of the state. Governor Umo Eno made this announcement in Uyo during a stakeholders engagement meeting organized by the Akwa Ibom State Independent Electoral Commission (AKISIEC). Represented by the Commissioner…
The post Akwa Ibom LG Election To Hold October 26 first appeared on New Telegraph.
New Telegraph.
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