Headline news – First Ideas Limited

Headline news

Nigeria stagnant as world races towards knowledge-based economy
As Nigeria marks its 61st independence anniversary, 23.2 million of its people are unemployed of which 41 percent are youths; another 13 million children are out of school leaving many with little to cheer.
Guinness Nigeria declares N1bn dividend after bouncing to profitability in H1
Guinness Nigeria Plc, a subsidiary of Diageo Plc and one of Nigeria’s leading total beverage alcohol companies, has declared a final dividend of 46kobo per 50kobo ordinary share, subject to appropriate withholding tax.
Ikeja electric supports education with ‘back to school’ initiative
In line with its commitment to entrenching societal values and stakeholders, Nigeria’s largest electricity distribution company, Ikeja Electric, has provided educational support materials to students of Odi-Olowo nursery and Primary School, in Idi-Oro
MTN retains Africa’s most valuable brand ranking
For the second year in a row, MTN Group has been named the most valuable African brand in the Brand Finance Africa 150 rankings, which assigned the group a brand value of $2.7 billion – US$1.0 billion above the next most valuable brand
Competence, not region, should determine Nigeria’s next president – Sanusi
Muhammadu Sanusi, the former emir of Kano and one-time Central Bank of Nigeria (CBN) governor, said in an interview on Arise TV on Friday that Nigeria must worry more about the competence of the next President rather than his region.
A Just Energy Transition for Nigeria and it’s Oil and Gas Sector Will Attract Investment
Fossil fuels may be the biggest concern for climate activist in western countries, but they’re also the most efficient source of energy humanity has developed. As such, the push to emphasize only renewable energy is a source of concern for African countries that are still working to ensure reliable electricity supplies.
Many Losers and a Few Winners from the Pandemic
The Impact of COVID 19 on Business is a collaboration between the UN Development Programme (UNDP) and the National Bureau of Statistics (NBS) that shows how a selection of firms has managed during the pandemic and how it views its prospects.
Nigeria Spent N445bn on Debt Servicing in Q2, Debts Hit N35tn – DMO
Nigeria spent N445.4bn on debt servicing payments in the second quarter of this year, the latest data obtained from the Debt Management Office have shown.
External Reserves Gained $2.4bn in Sept – CBN
The country’s external reserves rose by $2.4bn in September, figures obtained from the Central Bank of Nigeria revealed on Thursday. According to the CBN, the reserves which stood at $34.02bn as of the end of August rose to $36.41bn as of September 2021.

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