Nigeria news today headlines : Monday 24th June 2024
These are the Nigeria news today headlines updates from Nigerian newspaper .
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NGX Records Mixed Trend Amid Bearish Outing, High Traded Volume Ahead Of Quarter End Window Dressing
Last week, due to the Eid-Kabir holiday, the market was limited to three trading sessions, with declines occurring in two sessions and one session remaining flat. However, the local bourse was down by 0.18% week on week, leaving the all-share index at 99,743.05points bringing the year-to-date return to 33.39%. The shedding of 101.75billion in the
Fiscal Policy Can Help Broaden The Gains Of AI To Humanity
New generative-AI technologies hold immense potential for boosting productivity and improving the delivery of public services, but the sheer speed and scale of the transformation also raise concerns about job losses and greater inequality. Given uncertainty over the future of AI, governments should take an agile approach that prepares them for highly disruptive scenarios. A
Delta One To Feature Italian Luxury Brand Missoni
LAGOS – Delta One experience will soon be further differentiated by a new partnership the airline has forged with Italian luxury fashion house Missoni. A statement by the media consultant to the airline in Nigeria, said that together, Delta and Missoni – a brand known for its creative use of colours and patterns would elevate
SEforAll Board Approves Re-Appoints Ogunbiyi For Second Five-Year Term
The Sustainable Energy for All (SEforALL) Governance Board has approved Damilola Ogunbiyi for a second five-year term as Chief Executive Officer (CEO), following great strides the organisation has made under her leadership to enable just, equitable and sustainable energy transitions that ensure better quality of life and opportunities for people living in developing regions. Recognised
FirstBank Appoints Alebiosu, Chief Executive Officer, Ebong, Deputy Managing Director, Alao-Olaifa, Non-Executive Director
The Board of FirstBank has approved the appointment of Mr Olusegun Alebiosu, currently Acting Managing Director/Chief ExecutiveOfficer, astheManaging Director/Chief Executive Officer, FirstBank Group; Ini Ebong, currently Executive Director, Treasury, and International Banking, as Deputy Managing Director; and Mr Omotunde Alao-Olaifa as Non-Executive Director. These decisions took effect from effect from June 19, 2024 and subject
Sunset For The Nigerian Brewery Sector
“If a man takes no thought about what is distant, he will soon find sorrow near at hand.” Confucius, 551-497BC. VANGUARD BOOK OF QUOTATIONS, VBQ p 70. Something absolutely strange is happening in the Nigerian brewery sector. As a group of long-term foreign investors are pulling out, new investors, with no previous experience in the
Substitute Products And Economic Stability
High inflation as well as economic uncertainty has had significant impacts on businesses, manufacturers, and households, including individual lifestyles and well-being in recent times. The direct consequences of these impacts continue to have serious implications. Globally, no country is immune to inflation. Around the world, inflationary pressure has been experienced in the USA, the UK,
Rivers Crisis: Back To The Starting Point
It’s certainly hitting the bull’s eye by declaring in my last piece that the Rivers “problem” between Governor Siminalayi Fubara and ex-Governor Nyesom Wike “is like the unending story of the tortoise, and has defied the dictum, ‘There’s end to litigation,’ hence cases terminate at the Supreme Court.” A Port Harcourt High Court’s ruling on
No Emergency Rule In Rivers
The senseless crisis in Rivers State has continued unabated and from the looks of things, it might just continue until common sense prevails or until those who are fueling it run out of firepower. I call the crisis senseless because there can only be one captain in a ship and as it is in Rivers,
IOCs Plotting To Frustrate Survival Of Our Oil Refinery, Dangote Alleges
Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin,weekend accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals. He said the IOCs are deliberately and wilfully frustrating the refinery’s efforts to buy local crude by jerking up high premium price above
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