Businessday Nigeria Archive for February 2010
Saturday, February 27, 2010
Lars Lagerback picked as World Cup coach
US joins Britain to back Jonathan amid fear
Friday, February 26, 2010
Saudi dilemma forced Yar”Adua’s hurried home coming
Britain backs Jonathan as acting leader amid fears
Finally, Yar’Adua bows to pressure, hands over power to Jonathan
Thursday, February 25, 2010
Terrorism: NCAA tasks foreign airlines’ agents on security formalities
Yar’Adua missing in Nigeria
Africa’s potential makes Zain deal value fair – Bharti Airtel
Kaduna, Warri refineries commence production of petrol
FG targets 700 vessels yearly under new ship register
NITEL sale controversy: NCP clears New Generations Telecom
Nigerians ask who’s in charge, fear power struggle
Troop deployment for a president’s welcome
Turai: Nigeria’s self-appointed president
Jonathan remains Acting President -Akunyili
Wednesday, February 24, 2010
Unusual military deployment raises poser in Aso Rock power play
Power struggle over presidency to be resolved within 48 hours - Eurasia report
How Turai, aides humiliated Jonathan
Mystery of Yar’Adua’s return destabilising – Chris Anyanwu
‘Jonathan remains acting president’
Yar’Adua: Militants worried over deployment of troops
Medical experts say individual with pericarditis can’t work
Council fails to meet as balance of power comes into question
Senate amends Sections 145, 190
Division in BPE as controversy dogs Nitel sale
Jonathan remains in charge
Acting President summons ministers for special meeting
US fears Yar'Adua's return may fuel uncertainty
President Umaru Yar'Adua 'returns home'
Tuesday, February 23, 2010
Banks jostle for Q4 good outing as investors’ expectations rise
Shell raises alarm over Nigeria’s dwindling oil production
FG approves N19bn for land reclamation in N/Delta region
French traffic controllers’ strike won’t affect flights from Nigeria, says Air France
Power generation from gas fired plants to rise to 70% by year end, says Ajumogobia
Reps ask finance ministry to sack Udoma as SEC chairman
Omen, NITEL reserved bidder writes Goodluck, BPE
Senate orders arrest of Magnus Kpakol
Security: Lagos delivers ten more APCs to police
Sanusi links capital market crash to financial illiteracy
Monday, February 22, 2010
NNPC, Oando, AP, Mittal plan three new refineries
Lufthansa passengers protest at Lagos airport
Oil price breaches $80 on Total strike
Edo lawmakers impeach speaker
PDP disowns splinter group, pledges support for Jonathan
Abebe clarifies case with Statoil
China Unicom arm backs NITEL move
Why FEC delegates’ visit to Saudi Arabia was delayed, by Maduekwe
Continuing gas shortage unacceptable, says Jonathan
FG to tackle reform, unrest at oil conference
Sunday, February 21, 2010
6000mw: NNPC, Shell, Chevron get gas supply target
Nigeria’s sovereignty threatened as Yar’Adua is feared ‘kidnapped’
Vandalised facilities may scuttle NITEL’s revival
Lufthansa cancels Lagos-Frankfurt flights over pilots’ strike
Civil rights leader, Sani detained
Udoma battles to retain SEC seat
Presidency links former South-South governor with anti-Jonathan campaign
Early election could intensify Nigeria power struggle
US to aid independent power producers
Deregulation: Jonathan meets labour leaders today
Saturday, February 20, 2010
Non-Executive Directors of Troubled banks not fit to stay says Fitch
Fuel: NNPC says it exceeds national daily consumption level
Inadequate budgetary allocation stunts mines and steel sector development
ADB grant N2.2bn for science and tehcnology
Akunyili willing to drop charges against Aonadoakaa
Friday, February 19, 2010
ANALYSIS-Early election could intensify Nigeria power struggle
BPE stands by $2.5 bln telecoms offer
Thursday, February 18, 2010
Fashola wants accruing pension funds invested in housing scheme
N5.2bn contract scam: Court remands Ugbane, 9 others
AC asks Jonathan to identify those campaigning against him
Domestic airline operators’ disagreement stalls government’s bailout plans
Nitel sale set to hit the rocks again
How New Generation Consortium evolved
Costs of petrol price regulation escalates
FG condemns insurrection in Niger
CBN approves new organisational structures
Rice merchants raise alarm over illegal imports
ChinaUnicom, Telecom N.Z., Deny Involvement in Nitel Bids
Wednesday, February 17, 2010
More firms close shop as policy, infrastructure problems persist
FEC constitutes six-man team to visit Yar’Adua in S/Arabia
Unresolved dispute on gas price may elicit more factory closures
FG reassures investors in oil, gas industry
Anambra poll: PDP reconciliation move fails
Ogbulafor, others’ Saudi visit outcome weakens Yar’Adua’s camp
Governors, eminent leaders, others shun public hearing on Sections 145, 191 amendment
Senate passes bill to make INEC independent for second reading
Jonathan: Niger Delta group calls militants to order
With good performance, Jonathan could return in 2011, says El-Rufai
Jonathan could win backing as candidate in 2011 -El-Rufai
Back from the brink?
Tuesday, February 16, 2010
Jonathan warns West African states against undemocratic acts
NDIC seeks full payment of insured amount to depositors
Experts foresee brighter prospect in oil output for 2010
Nigeria’s domestic debt hits N3.228trn, foreign debt $3.95bn
End coming soon for fuel subsidy as Jonathan weighs options
New Generation Telecom shocks rivals with $2.5bn offer for Nitel/Mtel
N600bn and still no petrol: Why the subsidy figures never add up
S-South Economic Summit urges FG to concession gas distribution plants to investors
Aliero, Gummi, Waziri call for seamless disposal of criminal cases
Constitution review: Senate committee says no decision yet
New Generations Telecommunications wins Nitel bid
Why PDP leadership opposed transfer of power to Jonathan
Monday, February 15, 2010
Why budgets are under-performing, by finance ministry panel
Jonathan meets with economic team, others on deregulation
EU welcomes Jonathan’s commitment to good governance, electoral reform
N250bn first quarter capital vote released
Jonathan’s government not illegal – Bankole
Senate proposes life jail for corrupt public officers
Mark urges Nigerians to do away with federal character
Arewa asks Jonathan to give precedence to Niger Delta issues
10% further drop in high end property prices projected for 2010
Capital budget implementation at 54% in 2009
Sunday, February 14, 2010
Custodian announces Nigeria’s first share buy-back
Survivors of Port Harcourt high tension electrocution recount ordeal
Congestion looms at ports as banks renege on credit facilities
FG moves to improve power supply, orders PHCN to sign gas pact with NNPC
Udo Udoma justifies dual roles as UACN, SEC chairman
Yar’Adua: AC slams ministers for failing Nigerians
How Aondoakaa plotted Akunyili’s sack
Global oil exploration risks and costs escalate
Indians to replace Kuwaitis as Bharti Airtel takes over Zain Africa
The new power game: the losers and the gainers
20 killed in Port Harcourt bus electrocution
Saturday, February 13, 2010
Court declares Kenny Martins, 2 others wanted
National Assembly sued for making Jonathan Acting President
Jonathan pledges FG's resolve to address power sector
FAAC distributes $2 billion among FG, States, LGs
Friday, February 12, 2010
Interbank rates flat for third week
Custodian announces Nigeria's first share buy-back
India IOC buys more Nigerian crude oil for April
US praises Nigeria on 'democratic handover'
Thursday, February 11, 2010
Oil reform bill to move forward as leadership crisis eases
Terrorism: US lists conditions for delisting Nigeria
Senate rejects report on Escravos gas to liquid project probe
Lagos Assembly accepts court’s order on Fashola’s probe
Daunting challenges ahead, says acting president
Jonathan summons economic team
UK announces tougher rules for foreign students
Terror list: Senate to send Jubril to US
African Capital Alliance, European Investment Bank chart new investment course for economic growth
CBN’s second phase reform to focus on bank categorisation
Wednesday, February 10, 2010
Navy arrests 17 persons, seizes fuel-laden vessel
Obi collects certificate of return from INEC
NCC says more telcos are distressed
‘European Investment Bank not eyeing troubled banks’
Differential petrol pricing confirms deregulation is on
Nigerian shareholder sues Zain
Court restrains Lagos Assembly from probing Fashola
Removal of Aondoakaa, well deserved, say NBA, Agbakoba, Ozekhome
Why Aondoakaa was removed as justice minister
BusinessDay’s conference tackles Nigeria’s banking reform
Jonathan replaces Aondoakaa as justice minister
Tuesday, February 09, 2010
Jonathan accepts new role, to tackle corruption more robustly
Jonathan: Kudos, knocks for National Assembly
Jonathan starts acting immediately—Bankole
Transport ministry endorses NIMASA’s caution in cabotage loan disbursement
Boni Haruna: Court remands aide, as EFCC slams 28 fresh charges
European Investment Bank lauds CBN’s banking reforms
SGF backs Jonathan as acting president
Loss of 20,000 jobs leaves banks short of skilled manpower
Akunyili gives Aondoakaa 7-day ultimatum to refute statement or face legal battle
Lucky Jonathan becomes acting president
Yar’Adua has not been removed as president---Mark tells governors
Senate says Jonathan should be acting president
Senators debate power transfer to Jonathan
Monday, February 08, 2010
Yar’Adua: Governors to meet National Assembly over Jonathan
Falling oil rig deployment threatens new fields development
Anxiety mounts in Katsina as Yar’Adua’s mother, others move to S/Arabia
LCCI urges FG to curb influx of prohibited items
Obi’s victory seals Ojukwu, Ekwueme supremacy tussle
All set for BusinessDay’s banking conference on Thursday
FG urges religious leaders to educate members on climate change
Anambra election: NLC passes vote of no confidence on INEC
‘US envoy’s visit to Nigeria a unique access to Obama’s ears’
Vandals compound fuel crisis, break NNPC pipeline
Sunday, February 07, 2010
Anambra: Obi wins as Soludo, Uba lose in their constituencies
Future of the nation staked on gamble by Yar’Adua camp
North’s elite tussles for power
Concessionaire remits N10.3bn to FAAN for 2009
Uncertainty haunts economy over prolonged Yar’Adua’s absence
FG moves to reactivate rail transport, unveils five new locomotives
FG admits failure to keep petrol price at N65 per litre
How northern governors were persuaded to change their decision on Yar’Adua
Oando gives shareholders opportunity to trade rights issue
Housing faces fresh challenges over rising vacancy, new supplies
Saturday, February 06, 2010
Anambra election largely peaceful, but with pockets of violence
Anambra governorship polls peaceful
Late voting: Bane of Anambra election
Anambra election: Police arrest 100 over election malpractice
Anambra polls must not fail - Akunyili
Anambra polls: REC extends voting hours
Large voter turnout in Anambra
Slow start to polling in Anambra
Amodu sacked, search for replacement begins
Friday, February 05, 2010
Anambra poll tests depth of Nigerian electoral reform
Gunmen kidnap 8-month old child in Nigerian oil hub
Oteh vows tough line on transparency
Interbank rates flat on limited outflow
Governors back Jonathan as acting president
Thursday, February 04, 2010
Lagos Assembly panel to probe Fashola
US: Atiku Abubakar in $40m money-laundering accusation
U.S. defends interrogation of Abdulmutallab
Yar’Adua: Abba-Aji denies possession of letter to National Assembly
NPAN restates call on Yar’Adua handing over to Jonathan
Lukman threatens to sack NNPC management over fuel scarcity
Court declares INEC unfit to conduct elections
Shell mulls selling more Nigerian assets
Oil industry budgets $10.726bn for 2010
Why Yar’Adua should hand over power, by Akunyili
Shell open to Nigeria asset sales, output hit
Naira stable vs dollar on interbank mkt
Dora Nkem Akunyili: An amazon with a cause
Wednesday, February 03, 2010
FG cuts FCT land rates
Lagos Assembly inaugurates committee to probe Fashola
US pledges early review of air security ‘blacklist’
Banks’ succession plan, prospects of dividend raise hope in capital market
Lagos says it has approval to work on Lagos-Badagry road
Akunyili’s memo was long in coming, say Nigerians
Dora Nkem Akinyili: An amazon with a cause
Motorola wins Zain Nigeria network expansion deal
Yar’Adua: Abba-Aji appears before Senate today
Akunyili breaks ranks, submits 'Yar'Adua step down' memo to FEC
Christmas plane bomb suspect 'co-operating' with US
Intelligence chiefs say another terror attempt in U.S. is 'certain'
Tuesday, February 02, 2010
Lagos 2011: Banire may replace Fashola
Tinubu denies rift between Fashola, self
400 ex-militants protest over non-documentation of members
Explosion rocks NTA Yenagoa
PDP under pressure to summon NEC meeting over Yar’Adua
Senate forecloses further discussion on Yar’Adua’s health
Reps accuse executive of usurping functions
Nigeria to sell 2 billion barrel oil reserves
Hand over to Jonathan in 7 days, media stakeholders tell Yar’Adua
Fuel scarcity: Banks spend N238m daily on generators
Monday, February 01, 2010
Yar’Adua’s continued absence intensifies squeeze on economy
Principal members of Lagos Assembly who may decide Fashola’s fate
Jonathan warns Plateau leaders over crisis
Pro-Fashola group protests in Lagos
World Bank dissatisfied with non-inclusion of import tariffs in 2010 budget
Ozekhome, Pinheiro, 17 others now SANs
Nigerians condemn al Qaeda offer of weapons, training to destabilise country
Power outage deepens as generation relapses to 3,000 megawatts
Anambra: INEC to announce results at polling centres
Fuel scarcity worsens Nigeria’s unemployment rate
Sunday, January 31, 2010
Why military may not intervene in Nigeria political crisis
Gwandu, Nahuche, Ajayi, others in frame for NCC top job
Nigeria unaffected by recall of Toyota cars – Franchisee
23,230 policemen mobilised for Anambra governorship poll
5-day Davos forum ends on note of humility
NAICOM mulls stricter regulation for insurance industry
NSE may seek state governments’ support in funding branch operations
Senate not contemplating impeachment of Yar’Adua
JTF mulling MEND’s suspension of ceasefire
Fashola, Tinubu spend four hours at Akiolu’s palace over rift
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