Breaking News in Nigeria Today Wednesday 12th March 2025
Here are some of the Breaking News in Nigeria Today Wednesday 12th March 2025 on some of the nation newspapers .
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target=_blank>Naira Devaluation Wipes Out N2.06trn From Market
Share…top firms reel from forex losses A financial storm has battered Nigeria’s corporate sector, with MTN Nigeria Communications Plc and six other blue-chip companies collectively incurring a staggering N2.06 trillion in foreign exchange (FX) losses in 2024. This represents a 28.9 per cent surge from the N1.6 trillion recorded in 2023, underscoring the deepening…
The post Naira Devaluation Wipes Out N2.06trn From Market appeared first on New Telegraph.
target=_blank>IWD: AfDB Showcases AFAWA Initiative At Élysée Palace Event
ShareThe African Development Bank Group (AfDB), last Friday, showcased its transformation of Africa’s financial sector to provide Africa’s women entrepreneurs billions of U.S. dollars to grow their businesses, via its Affirmative Finance Action for Women in Africa (AFAWA) initiative at an event organised by French President Emmanuel Macron ahead of International Women’s Day (IWD). The…
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target=_blank>XTransfer, Ecobank Group Partner To Boost African SMEs’ Foreign Trade
ShareXTransfer, the world’s leading and China’s top B2B cross-border trade payment platform, has signed a Memorandum of Understanding (MoU) with leading panAfrican financial services provider, Ecobank Group, aimed at enhancing cross-border financial services for Africa’s Small and Medium-sized Enterprises (SMEs) engaged in foreign trade and facilitating trade between China and African countries. According to a…
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target=_blank>‘Lack Of Economic Transformation Threatens Africa’s Devt’
ShareWhile Africa is undergoing significant social changes, including rapid urbanisation and shifts from agricultural to service sector jobs, the failure of the continent to ensure that economic transformation in key sectors, such as agriculture and industry keeps pace with this situation poses a risk to its long-term development, a report by Financial Derivatives Company (FDC)…
The post ‘Lack Of Economic Transformation Threatens Africa’s Devt’ appeared first on New Telegraph.
target=_blank>Revitalised National Theatre Key To Unleashing Creative Economy Potential
ShareThe renovation of the National Theatre at Iganmu, Lagos, spearheaded by the Bankers’ Committee in collaboration with the Central Bank of Nigeria (CBN), the federal and Lagos state governments, will boost the huge potential of the country’s creative economy, writes Tony Chukwunyem Given that Nigerian musicians, actors and fashion designers have been dominating the…
The post Revitalised National Theatre Key To Unleashing Creative Economy Potential appeared first on New Telegraph.
target=_blank>Domestic Investment Decline Weighs On Nigerian Bourse
ShareNigeria’s equities market stumbled in January as total transactions at the Nigerian Exchange (NGX) fell by 9.9 per cent month-onmonth (m/m) to N607.05 billion, reflecting a decline in domestic investor participation. According to the latest Domestic and Foreign Portfolio Report, local investors—who accounted for 88.2 per cent of all transactions—reduced their inflows by 11.8 per…
The post Domestic Investment Decline Weighs On Nigerian Bourse appeared first on New Telegraph.
target=_blank>Ports In Lagos Handle N2.6trn Worth Of Agric Produce Export
ShareSome agricultural goods valued at N2.6 trillion have been shipped out of Lagos and Tincan Island ports in three months. Some of the exports, mainly cocoa beans, cashew, sesame were exported to The Netherlands, India, Malaysia, Belgium and other European European countries. Data obtained by the National Bureau of Statistics (NBS) explained that the value…
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target=_blank>War Risk Insurance: Nigeria Loses N2.25trn To Foreign Insurers
ShareAfter it was exited from the list of piracy prone countries in 2022 by the International Maritime Bureau (IMB), Nigeria still paid over $1.5 billion in the last three years to Lloyd’s of London, Protection and Indemnity (P&I) Insurance and other foreign insurance firms. Findings revealed that the Nigeria paid $500 million premium annually on…
The post War Risk Insurance: Nigeria Loses N2.25trn To Foreign Insurers appeared first on New Telegraph.
target=_blank>Natasha: 100 Women Groups Apologise To Senate, Akpabio
ShareNigerian Women Crusade for Good Governance (NWCGG), representing 100 women groups, yesterday apologised to Senate President Godswill Akpabio and the Senate for Natasha Akpoti-Uduaghan’s sexual allegation against the former Akwa Ibom State governor. Addressing a news conference in Abuja on behalf of the leader of the groups, Cecilia Ikechukwu condemned Akpoti’s behavior, labeling it “disruptive,…
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target=_blank>FG Mulls Integration Of Diagnostic Services For Improved Healthcare Delivery
ShareThe Federal government has urged both public and private organisations in the country to integrate diagnostic services in every aspect of the nation’s healthcare system, including the use of multiple technologies and diagnostic professionals. Minister of State for Health, Dr. Iziaq Salako, who made the call at the national summit on diagnostics yesterday in Abuja,…
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