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Headline news in Nigeria today- Oct 21

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breaking news from nigeria today

Breaking news from Nigeria today

Techscoops compiles latest headline news in Nigeria today for your information and reading pleasure. See all the latest news about Nigeria, 9ja breaking news now and even breaking news happening now in Nigeria.

 

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CBN, AMCON Sell Polaris Bank

Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the completion of a Share Purchase Agreement (SPA) for the acquisition of 100 per cent of the equity in Polaris Bank by Strategic Capital Investment Limited (‘SCIL’).

This is even as the House of Representatives on Wednesday okayed the sale of the bank, noting that the acquisition followed the laid down procedure and the relevant presidential approval.

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King Charles III writes Buhari, sympathises with flood victims

King Charles III has written to President Muhammadu Buhari over the recent flooding in Nigeria, sympathising with flood victims the country over the “devastating” incidents.

“Your Excellency, Dear Mr President,” he began in the message. “I wanted you to know how deeply saddened both my wife and I are to hear of the many people who have lost their loved ones and whose lives have been so dreadfully affected as a consequence of the devastating floods across Nigeria.

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Supreme Court fixes judgment on seizure of Abacha, family members’ assets

The Supreme Court has scheduled judgment for January 13, 2023 in the appeal by members of the family of the late General Sani Abacha seeking to stop moves to reopen the criminal forfeiture proceedings against the ex-Head of State and some members of his family over their alleged complicity in the looting of the nation’s treasury during Abacha’s administration.

CBN, NIBSS, set to introduce national card scheme

The Central Bank of Nigeria (CBN) and Nigeria Inter-Bank Settlement Systems (NIBSS) Plc, in conjunction with the Bankers’ Committee, will soon float a national card scheme to improve the payment system in Nigeria.

Mr Premier Oiwoh, Managing Director, NIBSS, said this at a Bankers’ Committee press briefing on Thursday.

He said the scheme, which had been approved, was the brain work of the apex bank.

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Nigeria’s Flamingos qualify for first-ever World Cup semi-final

For the first time in their history of participating in the FIFA U-17 Women’s World Cup, Nigeria’s Flamingos have qualified for the semi-final stage of the biennial competition.

Qualification for the semi-final stage was by no means easy as the Flamingos needed the lottery of penalty kicks to get past the USA U-17 Women’s team.

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Barbarians is back on Netflix

A year after Varus’ defeat, a new Roman general gets settled in Germania as Ari seeks to become king of all the tribes — but a rival stands in his way.

I will phase out fuel subsidy, says Tinubu

The All Progressives Congress presidential candidate, Bola Tinubu, has disclosed that his administration will phase out fuel subsidy if elected during next year’s elections.

Aside from phasing out fuel subsidy, he promised to accelerate full implementation of the Petroleum Industry Act, implement additional favourable policies to attract investment in Deepwater assets within 6 months.

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