Impacts
2021: Banks to walk a tightrope amid low revenue environment
Nigeria’s deposit money banks (DMBs) must brace up for the challenge of 2021 that might tax their resolve to remain in business. Reason: the industry is faced with a tougher operating environment that could threaten the operators’ ability to meet their stakeholders’ needs and expectations yet perform meaningful corporate social responsibility roles. Their valuable customers such as high net-worth individuals, corporate bodies and other institutions are equally challenged. In his book, Business Stripped Bare, celebrated iconic entrepreneur and founder of the Virgin Group, Richard Branson, says, “without trustworthy banks, there can be no business, no employment, no money. According to Branson, “People have got to be able to go to bed at night secure in the knowledge that the money they depo...
World Bank predicts 4% global economic growth, 1.1% for Nigeria in 2021
ABS-CBN The World Bank says global economy is expected to grow by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. It said this in a statement issued in Washington D.C. on Tuesday at the presentation of the January 2021 Global Economic Prospects. It added that the said recovery would likely be subdued unless policy makers moved decisively to tame the pandemic and implement investment-enhancing reforms. The bank also said that growth in Sub-Saharan Africa was forecast to rebound moderately to 2.7 per cent in 2021, while Nigeria’s growth was expected to resume at 1.1 per cent. For the region, it said that while the recovery in private consumption and investment was forecast to be slower than previously envisioned, export growth was expe...
African environment ministers support green recovery plan
Ministers of Environment from Africa on Friday agreed to support a comprehensive green recovery plan to boost economies and social systems aimed at building back better from the coronavirus (COVID-19) pandemic. This is contained in a ministerial statement issued at the end of the eighth special session of the African Ministerial Conference on the Environment (AMCEN) in Nairobi, Kenya. Representatives of the 54 African governments re-affirmed their commitment to enhance environmental resilience as well as protect and sustainably use natural resources for the region’s development. The high-level ministerial regional conference held virtually under the theme “Enhancing Environmental Action for Effective Post-COVID Recovery in Africa”, further called to accelerate the protection and restoratio...
Austin Okocha: Super Eagles don’t have natural offensive midfielders
Former Super Eagles captain, Austin Okocha, has revealed that the current team lacks ‘natural’ offensive midfielders, newsmen report. Okocha believes the Eagles need midfielders who can get on the ball and pick a pass as well as drive at the opposition consistently. Gernot Rohr in the last one year played Alex Iwobi and Joe Aribo in the No.10 role for the Eagles but both players have not been convincing in recent games. “What the Eagles need now are natural midfielders who can create chances and change the course of a game. “We need midfielders who can run at defenders and a pick their teammates with good passes,” Okocha said during a radio programme ‘No Holds Barred’ on Brila FM. “We have good midfielders but not in at that level at the moment. Some of them are just scared and the fact th...
US mulls Houthi ‘terror’ label as groups say civilians to suffer
United States lawmakers, international aid groups and rights advocates are warning the outgoing Trump administration against reported plans to label Yemen’s Houthi rebel group a “foreign terrorist organisation”, saying it would worsen the world’s worst humanitarian crisis. The post US mulls Houthi ‘terror’ label as groups say civilians to suffer appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
SEC: Governments can unlock potentials by privatisation
The Securities and Exchange Commission, SEC, has stated that the Federal and State Governments have the capabilities to unlock enormous potentials through privatisation. The post SEC: Governments can unlock potentials by privatisation appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Emir of Kano attributes NCC’s success to quality leadership
The Emir of Kano, Alhaji Aminu Ado Bayero, has attributed the success of the Nigerian Communications Commission (NCC) to the quality of its leadership. The post Emir of Kano attributes NCC’s success to quality leadership appeared first on TODAY. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
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