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Businessday Nigeria Archive for February 2015Rss

Friday, February 27, 2015

Military recaptures Gulag, Bara from Boko Haram

Ebonyi House serves Elechi impeachment notice

Nigeria Insurance sector overview

Foreign exchange reserves fall to $31.57bn

OPEC’s February oil supply hits lowest since June on Iraq-survey

SA’s Liberty sets sight on Nigeria, others

CBN dismisses rumours of possible raid on domiciliary accounts

FG to spend $3trn on national integrated master plan

South Africa’s ecomony to have two tough years, says finance minister

Old Mutual 2014 operating profit rises 16 percent

Thursday, February 26, 2015

68% of mid-income earners live in rented houses

Heritage Bank supports lending to SMEs without collateral

Diageo wants Africa to account for 20 percent sales

2015 elections media campaigns most expensive in history -media analysts

APC raises alarm over alleged plans to sack Jega next week

Buhari admits past mistakes

Nestle Nigeria 2014 FY profits down 6.1%

Reagan Ufomba getting it wrong with the Abia electorate

Five dangerous weeks for Nigeria

Think freedom

Nielsen: GDP, population, governance data not enough to predict Africa brand success

Nigerian banks: A two-horse race?

Suicide bomber kills17 in Borno bus station

U.S. military trains African armies ahead of Boko Haram campaign

Economy loses over N100bn to soft oil prices, drop in export volume

NCAN signs N1bn deal with shipping companies to export cashew nuts

Reps issue FG 7-day ultimatum to present forensic audit report on NNPC

I cannot change the past, but I can change the present and the future– Buhari

Infrastructure deficit opens $300bn investment opportunity in housing sector

Brent holds steady around $59, Saudis say oil demand growing

Acting SEC D-G, Gwarzo, elected AMERC chairman

Manufacturing sector growth slows to 19.2%

Fitch affirms Stanbic IBTC’s ‘AAA(nga)’ ratings

Bargain hunters pounce as stocks rise for eighth day

CBN approves appointment of 4 directors for Unity Bank

Wednesday, February 25, 2015

Nigeria in ‘oil recession’, as sector falls 2 quarters in a row

Election postponement: Period of short nights and long knives

Prima Dufil to set up plant in Edo

Lawyers without borders condemn Lagos’ stance on death penalty

Nigeria’s history today (1)

Tanker crew members freed after kidnapping off Nigeria

Sour end of Obasanjo-Jonathan romance

Is Nigeria’s debt sustainable?

A roadmap for inclusive prosperity (2)

Non-oil sector still Nigeria’s main growth driver – NBS

Profit-taking may moderate stocks’ gains

The impact of CBN’s RDAs elimination on the economy

Cashew association signs N1bn exports deal with shipping companies

Naira falls as oil firm sells dollars below CBN rate

Senate Finance Committee proposes 20% cut in 2015 budget oil price benchmark

Ekiti rigging tape must be probed – APC

‘We don’t deserve death over political affiliation’

Woo voters with love, not money – Obu

Group roots for Buhari, Ambode, Okorocaha

Plateau PDP, APC clash over state’s debt profile

Nigeria is safer under Jonathan, says Ikpeazu

When NIMASA gave APC 72-hour ultimatum in Lagos

2015 budget: Senate adopts $52 as oil price benchmark

INEC claims over 62% PVC distribution in Lagos

Jonathan says some advisers are insincere

Nestle Nigeria 2014 full year pre-tax profit falls 6.1 percent

Tuesday, February 24, 2015

Banks push limit as FG begins single account regime

The contest for Lagos (2)

A framework for the voting decision

Enhanced wages to attract professional actuaries to insurance sector, say analysts

Falling oil price may not affect Nigeria’s $3.8bn Egina FPSO project – LADOL boss

Supreme Court asks Chevron, Seplat, Brittania-U not to act on OMLs 52,53,55 sale

Survey sees countries witness significant increases in tax scrutiny

A roadmap for inclusive prosperity (1)

Soybean demand shortfall presents huge investment opportunity

Maybach Pullman redefines luxury, exclusivity

Facebook counts 2 million active advertisers, mostly small businesses

Gunmen kidnap US woman in Kogi

Fresh blast in Kano, several killed

FBN Capital wins ‘Africa deal of the year’ at IJGlobal awards

Bullish trend persists as gains extend into second week

‘We have 9-point development agenda that will revitalise, reposition Imo’

ECCAS to join forces with ECOWAS to fight Boko Haram

Ten killed in Potiskum bus station bomb blast

Wema Bank appoints new directors

Naira records slight depreciation at interbank market

No plan to cut power at Lagos airport – FAAN

Fashola orders investigation into alleged denial of non-indigenes PVCs

Fayose faults Buhari’s London interview picture

Airtel repositions to enhance service delivery

Brent falls towards $58 a barrel

Bayer CropScience has launched YouFarm International, the first global web video competition for farmers

Monday, February 23, 2015

VAT fetches treasury N803bn in 2014

Consumer experience dampened as 147 ISPs route internet traffic abroad

Investors weigh policy outcomes as tight elections rewrite scripts

INEC’s ‘half time’ break is a blessing indeed (2)

Gas shortage: Egbin opens talks with other asset owners

Road to equity rebound harder as N2.8trn pension hangs on to bonds

Building the Nigerian Navy as a strategic enterprise

Newspapers need new model to align with media consumption habit

‘Strategic ICT deployment will shore up varsities global competitiveness’

NEC gives nod to UniPort’s CGRP to procure modular plant

Naira weaker on tight dollar liquidity

FG says no bird flu on Obasanjo farms

CBN policy credibility up on devaluation as markets rally

Naira may stabilise this week as CBN eliminates speculative demand

Forte Oil declares N6.01bn profit

Economy grows 5.9% in Q4 2014 – NBS

Nigerian stocks value rises by N600bn

‘Only impact-making SMEs can access Oxfam’s €100m’

Abia to sustain youth empowerment scheme

SMEs operators lament weak naira impact on businesses

Jonathan says ECOWAS, AU, UN won’t accept military government

CBN sets guidelines for Islamic finance advisory body

Sunday, February 22, 2015

‘Timbuktu’ director wants more cinema from West Africa

Licensing bottlenecks, skills gap stifling miners

Nigerians for peace

Nigeria can have credible elections, but must meet 7 criteria  

Of OBJ, comedy and statesmen

Value investors may buy lenders on high yields

Too much agony in the land

Reforming the Nigerian economy in the era of low oil

Tips on how to avoid strain on family finances

BOI disburses N57m to 13 entrepreneurs in Kogi State

New frontiers in development finance

Female bomber kills five, wounds dozens in Potiskum

Dede Mabiaku on his experience as Nigerian Idol judge

Saturday, February 21, 2015

PVC crisis reinforces Nigerians’ suspicion towards INEC

Take Burkina Faso job – Chukwu tells Keshi

Be your own man at Real Madrid – Henry tells Bale

Is Di Maria delivering £60m value at Man United?

Despite shift, Ambode, Agbaje sustain campaign tempo for Lagos House

How airlines fleece travellers, government through ‘hidden fees’- Report

Boko Haram, Niger fighting over Lake Chad island kills 23

It’s a bridge! No, it’s not a bridge, but a road full of potholes!! No, it’s a FG bridge that’s like a road with potholes!!!

Higher bar for broadband threatens to set back implementation of national plan

Nigeria’s central bank unofficially devalues the Naira

Africa Alliance Nigeria Plc reverts to profitability

OBJ is ‘agony uncle’ that won’t go away easily

Dear politician, your body speaks…

Dwindling oil revenue and the Nigerian economy

Privatisation of government in Lagos State

A self-help model of development (4)

CBN shuts down forex auction window in latest ‘devaluation’ move

The pleaser

Nigerian army recaptures Baga, other areas

CBN’s closure of foreign exchange windows positive to capital market – Report

Buhari to speak at Chatam House on Thursday

Friday, February 20, 2015

Interbank rates ease on retired OMO bills

Cameroon robusta coffee exports rise to 1,208 tonnes by end-January

Uncertainty surrounds trade on naira, others mixed

Kuwait’s Agility targets Nigeria, others in $100m expansion drive

Time to leverage opportunities in real estate sector

Naira hits N215 to dollar at BDC’s segment

NSE market indices record further appreciation

Aganga, SMEDAN, Microfinance banks to discuss method for MSME fund disbursement

Akinwumi Adesina shortlisted to contest the AfDB presidency

Fleeing Boko Haram militants kill 21 near Chibok

Bombings: Atiku calls for calm, says democracy must prevail

Agbakoba, Mamah warn politicians against hate speeches

Ambode: Support group embarks on road shows

State of the nation: Was Obasanjo playing the Biblical Moses?

US donates $2m to Nigeria’s Safe Schools Initiative

Seven Energy wins indigenous firm of the year award

CBN issues deadline for repatriation of oil, non-oil export proceeds

Naira slides N4.00k at parallel, N2.51k at inter-bank amid uncertainty

PDP calls for deployment of soldiers for elections

Buhari travels to UK on brief working visit

Thursday, February 19, 2015

Oil palm industry self-sufficiency drive opens N2trn investment gap

Inventory levels rise 30% as manufacturers anticipate consumption rebound

What Buhari should not have said in his CNN interview

Celebrating the 14th Emir of Kano  

Like women like Africa

Expatriates flout quota Act in workplace

Neimeth Pharma records 190% dip in Q1 net income

Forex dealers meet order-based demand at interbank

FG, States gain N1.2trn oil revenues from naira devaluation

Beyond Obasanjo’s PDP membership card

Military bombs Boko Haram at Sambisa forest, Gwoza

“FG Budget and Deficit Financing”

KSIP to construct 500 housing units

CIS, ICAN, NBA sign 5-year economic development pact

Yankari Game Reserve reduces gate fee by 50% to boost patronage

FG sells N142.43 bn in T-bills, yields mixed

Bank plans forum to improve trade with Egypt, rest of Africa

Victims of Balogun market fire decry exploitation by estate agents

Penchant for annual increase drives landlords demand for one-year rent

Naira gains N1.86k over dollar

Constitutional amendment: 20 states reject LG autonomy

Barclays Africa seeks Nigerian investment banking licence

Wednesday, February 18, 2015

Imports decline sharply as ship traffic drops 63%

CBN closes official forex window to importers

Sell-offs, investor apathy bedevil stock market

Nigeria debt to rise on low oil prices, says Okonjo-Iweala

Discos failure means power cuts escalate

PDP, political behemoth and exit of the gadfly

Water provision in Lagos and the need for consistency (2)

Nigeria outlook brightens as BP predicts OPEC rebound

An accidental currency war?

NASD to create memorandum listing of public firms registered by SEC

Nigerian farm miracle as petrodollar declines

Kright Global Trading (KGT): “There’s a lot to be done to help fix the imbalances facing the international trade market in Nigeria”

Oyo State raises N4.8 billion in bonds

Abuja Chamber to build N50bn mall

Shareholders task SEC on mutual funds regulation to boost investor confidence

Domestic gas demand set to soar fivefold to 10bcf/day by 2020

Envoy urges Nigeria to exploit Lithuania’s expertise for agric development

FG slashes collateral, interest rate on MSMEs fund

Microfinance bank to assist 300 enterprises to obtain N2bn CBN loan

Lagos mortgage law amended to address current realities, says Fashola

Unstable economic environment stifling businesses, says Fashola

Foreign investors renew interest in May & Baker

Nigeria, China trade transaction hits N38.01trn

Coca-Cola HBC says cautious on Greece but not cutting investment

CBN sells $401m last Friday to support naira

Tuesday, February 17, 2015

Nigeria’s oil output shoots up by 44,000 barrels per day

The Afonja syndrome

Prefab construction fails to make gains in $400bn housing market

PenCom boosts pension assets with N4.9bn recovery

Investors keep vigil for release of banks’ full year earnings

How GDP rebasing generates demand for good governance

OPEC more optimistic about demand for own crude in 2015

Natural Gas Liquid production hit over 1.1 million metric tonnes in 2014

Africa Alliance in growth spurt as Q3 premium surges 73.49%

Fruit wastage nosedives to zero on growing commercial usage

FG spends $380m to defend naira over two days

Multiple blasts hit Borno’s Biu

South Africa to improve pipelines, ports to buoy gas imports

US army to provide equipment, intelligence to fight Boko Haram

CBN to sell dollars outside own target band for third time

IBTC leads lenders as investors see diversified earnings shielding uncertainty

Why another round of Naira devaluation is inevitable

Food security through Agricultural transformation agenda

DCSL holds 2nd annual Roundtable and Breakfast Session for Company Secretaries

Jonathan re-nominates Obanikoro minister, sends names of eight to Senate

Investors push Ikoyi profile to new high with multi-level office space projects

NIS denies withdrawing officers from Nigeria’s borders

INEC’s ‘half time’ break is a blessing indeed (1)

Monday, February 16, 2015

PDP targets N21trn deficit to stabilise economy by 2019

Outdated broadband speed threatens FG’s penetration plan

Nigeria records 89% drop in rail freight, passenger traffic in 55yrs

Naira devaluation exposes FMCG firms to exchange rate risk

Questions on leadership and management (1)

Earth calling the financial sector

‘Recognised firms’ ads should focus on being understood’

US oil drillers rig count falls for record 10th week

ARM-Harith Infrastructure Fund achieves first close

Transaction risks soar as Nigeria elections near

Nigerian forces recapture towns from Boko Haram

Boko Haram insurgents attack Cameroon army base, several wounded

Olusegun Obasanjo leaves PDP

Obasanjo dumps PDP

Inflation rises in Jan, food prices stable

Jonathan’s refusal to be stooge, cause of OBJ’s outburst – Fani-Kayode

EFCC finally arrests former Governor Nyako’s son, Abdul-Aziz

UNEP report to sway Ogoni votes against Jonathan, PDP

Why entrepreneurship is not for everybody

Conducting business in a challenging climate

Airtel empowers 7 Startup entrepreneurs

We’ll run a market based economy with zero tolerance for corruption – Buhari

Partnerships, joint ventures define new strategies for low cost housing development

2015 budget, polls shift top agenda as Reps reconvene tomorrow

CBN asks lenders for dollar levels to shore up naira

Sunday, February 15, 2015

CBN’s demand for domiciliary account details causes anxiety in industry

Macro headwind holds back beer makers’ growth

General elections 2015: A costly false start

What kind of country is this?

Union Dicon’s bold entry into cassava starch industry

Over 60 exhibitors and 3000 visitors to attend 2015 Securex West Africa

Headwinds weaken Nigeria Breweries growth

Agro dealers want FG to align Indorama’s $1.2bn fertiliser plant with GES scheme

2015: Matters arising

Palava: Send the bill to KPMG

11 Bayelsa female politicians die in auto crash

Female suicide bomber kills 10 in Damaturu

Obasanjo scheming to derail polls, head interim govt, presidency alleges

Saturday, February 14, 2015

Politicians dance amidst chaos

Telcos’ focus shift from minutes to bytes

The making of French tactician Herve Renard

Forget security, it was V-Day that postponed the presidential election!

Ezinne Akudo Anyaoha, fighting sexual violence against women through ‘The Eight Foundation’

Investors demand higher yields as DMO bond sale falters

Spiraling costs erode Academic press profit

Nigeria’s indifference raises concern amid global cyber warfare

Cancer care for the developing world

Counting the cost of poll shift

Afraid of your job target? Be a ‘kind’ bull!!

Are we seeing the beginnings of a property price crash?

Heroines

Introduce more friendly economic policies, experts tell CBN

Afren ends sale talks with Seplat Petroleum

Internet body registers 1,542 .ng domain names

Boko Haram militants repelled after attack on Gombe

African children subject to ‘alarming’ levels of violence

Friday, February 13, 2015

Yields on Nigerian bonds seen edging higher next week

Banks banned from reselling CBN dollars to each other

Naira sells for N208 to dollar at BDCs, black market

Oil rises above $60 per barrel

CBN intervenes in forex market to boost liquidity

Boko Haram attacks village in Chad as revolt spreads

I’m of sound mind, body, says Ambode

Obasanjo makes U-turn, says he didn’t endorse Buhari

CBN allays fears over banks’ exposure to oil, gas sector

World Bank gives $1bn in risk financing for African gas

Emefiele assures investors as stock market sheds N262bn

Phishing, insider threats biggest cyber threats in Nigeria in 2015, says Deloitte

Nigerians must prepare for the worse – CDRP

Election shift forces adjustment in PDP campaign rallies

Polls shift: PDP passes vote of confidence on Jega

Naira trades at N205.60k against dollar as CBN rules out free float

Emefiele reiterates appropriateness in naira pricing

Thursday, February 12, 2015

CBN urged to redefine items at RDAS to stem forex round-tripping

Borrowing cost dents International Breweries profit

The depth of knowledge

The other side of 2015 polls postponement

The changing dynamics of the telecommunications industry

Fact-checking Chukwuma Soludo’s article (1)

Lack of funding slows 12,000 additional hotel rooms in Nigeria

Memorable moments of AFCON 2015

Airtel boosts data coverage for enterprise customers

2015 presidential election issues (4)

Challenges facing Nigeria’s FMCG sector

Suicide bomber kills several in Borno’s Biu

FG, Benue set up yam processing factories

Association urges DISCOs to install smart meters to improve revenue generation

Nigeria’s foreign reserves fall $1bn in 12 days

Naira trade halted again as Nigeria rout intensifies

Bond sale fails to meet target, investors seek higher yields

BPE clarifies CBN intervention fund to power firms

Shell restates commitment to Bonga South West/Aparo project

Wednesday, February 11, 2015

Banks halt trading on Naira as currency exceeds band

Now that we are back on the march again  

A perspective on the 2015 appropriation bill (2)

APC demands probe of military role in Ekiti polls, alleged intimidation of opposition

What is Plan B for Greece?

Analysts see January inflation go up to 8.2% on food prices

Lagos guber election and age

2015 presidential election issues (3)

Heineken dividend increase fuelled by Nigeria, other emerging markets success

On the postponed elections

Nigerian Bar Association reacts to postponement of elections by INEC!

Oil could slide to $20 triggering end of OPEC – Citibank

Court affirms Jonathan’s eligibility to run in next month’s presidential poll

Finland to increase investments in Nigeria

Dealers halt trading as election worries hit naira

Kaymu expands operation to Warri, Benin

SEC directs all fund managers to register with FMAN

Election delay weighs on as index dips further by 0.8%

Innovation, inclusion, key to my vision for NMRC – CEO

PDP can’t postpone May 29 handover date, says Oshiomhole

Presidency planning to use soldiers to intimidate our supporters – APC

Boko Haram militants attacks Chad troops in Nigerian town

Group says reasons for election shift untenable

We’re not intimidated by PDP – Labour Party candidate

Election shift a dent on Nigeria’s international image – Opadokun, David-West, other

FG to sell N142bn in T-bills next week

Market fundamentals still strong for property demand despite election fears, naira devaluation

Naira leads emerging market losses

2015: PDP casts doubt over INEC’s readiness

Dana Gas to use $60 million repaid by Egypt for local investments, operations

Chevron proposes huge investment in bitumen mining, exploitation

Deconstructing PwC’s forensic audit of NNPC account

Premier Indian Private Bank takes Fintellix for activating ‘future-proof’ Risk-based Supervision platform

Naira falls steadily after hitting 200 to dollar

Heineken sees sales, margin growth slowing in 2015

Tuesday, February 10, 2015

Scarcity of actuaries slows insurer’s transition to IFRS

Nigeria, JV partners earn $2.67bn from oil export in January

The contest for Abuja (4): Start again!

Govt study team questions NNPC’s 25 years old subsidy regime

Increasing consumption, insurgency fuel N225bn soybean supply shortfall

Telcos’ new business push targets digital start-ups

‘Seplat is Nigeria’s local content champion’

BoI disburses N989m Cassava Bread Fund to 100 beneficiaries

Currency volatility, high input cost crimp Flour Mills Nigeria growth

Refocusing the presidential debate to the economy

IGP redeploys 33 police commissioners

Files open new window on $182m Halliburton bribery scandal in Nigeria

Nigerian overnight rate soars to 100% as naira hits 200 to dollar

Obasanjo, in Kenya, raises alarm over polls shift

Niger approves sending troops to Nigeria to fight Boko Haram

FADAMA: 40,000 farmers to benefit N16m World bank relief fund in Borno

Fire engulfs site at Agip’s oil field in Bayelsa

Nigeria-South African chamber of commerce wants regulatory bodies to fight smuggling

African Ministers meet on meteorology in Cape Verde

Nigerian overnight interbank lending rate spikes to record high

Niger parliament approves sending troops to Nigeria to fight Boko Haram

Naira quoted at record low of 198.95 to dollar

Elections: NLC vows to resist any further shift

Inter-bank overnight rate rises 21.42% after CBN’s OMO

Monday, February 09, 2015

Nigerian international airfares skyrocket as falling naira erodes fuel savings

Online platform thrives on back of traditional media

Let’s be fair, Jonathan has done well on the economy (2)

2015 presidential election issues (1)

How this new study can help you curb spending

SEC, NSE, CSCS in secret face-off over IST funding

Naira volatility, write offs slow Dangote Flour Mills’ growth

Why are SWFs shy of African investments?

A perspective on the 2015 appropriation bill (1)

Does always thinking about money really make me happy?

FG collected revenue stood at N5.1trn H1 2014

INEC extends PVC collection deadline by 4 weeks

International crude oil price crucial to Nigeria’s stock market growth in 2015

SEC moves to stem unclaimed dividends profile

Major blue chips drop prices on NSE

Sterling bank remodels 40 branches to meet service delivery

Drilling contractors rethink survival strategy as oil prices fall

Despite polls shift, Jonathan says May 29 handover date sacrosanct

Residential vacancy rate rises 32% as demand softens on falling oil price

Dearth of raw materials drops local input content to 48%

Tiger Brands records low Q1 sales as Nigerian unit struggles

Migration: Broadcasting industry gets digital data storage solutions offer

Nine banks deploy e-collection platform as FG steps up revenue expansion drive

Politics trump economy as investors sidestep Nigeria elections

FG assures on effective implementation of N9.6bn clean stove project

Banking stocks drag index lower as investors begin weighing safety options

PENGASSAN wants politicians to respect Abuja accord

Broadband penetration increases by 2% in 2014

Buhari is agent of change Nigerians are yearning for – Osifo, ex-Edo commissioner

Bond yields rises after FG delays presidential election

Nigeria’s overnight rate jumps to 60 percent as CBN props up naira

Nigeria delays elections over security fears

Naira pressure to continue as consumers hold dollar ahead of election

Naira hits record low after FG delays presidential election

Sunday, February 08, 2015

Investor estimates opportunities in Nigeria’s real estate sector at $400bn

Banks’ 5-year negative returns erode shareholder value

Pocock, Imoukhuede list path to sustainable growth

Polls shift fuels uncertainty, reduces foreign inflows, say analysts

Sense and nonsense in the economic debate

Jonathan vs Buhari: Hard choices in this week’s election

‘Our promise is to bring 1million SMEs online by 2016 across Africa’ – Microsoft

Investors pump N28bn into Nigeria’s electrical industry

PwC audit: Let action speak louder than investigation

The 2015 elections (Part II) – Overcoming terror to ensure growth

Early earnings update shows 7UP out leaping FMCG peers

Reflections on the elections

Why cheaper oil doesn’t always Lead to economic growth

African nations pledge 8,700 force to fight Boko Haram

Polls shift in nation’s interest – PDP

APC condemns polls shift

Saturday, February 07, 2015

INEC finally shifts polls to March 28, April 11

Security increased for AFCON final after crowd violence

Who wins the race for FIFA president seat?

The arrogance of Pep Guardiola

Lagos guber: The edge Ambode has over Agbaje

PVC palaver and 2015 polls

Buhari, magic and the change mantra

Ethical issues in the Lagos governorship election

NAICOM intervention pays off as Investment and Allied Assurance plc reverts to profitability

A self-help model of development (2)

Growth in mobile broadband puts pressure on existing spectrum allocations

China imports more LNG from Nigeria as global price decline

Dealing with dream killers at home and work place (2)

From grass to grace

Coalition of Concerned Nigerians protest plan to postpone elections

Cameroon coffee production up to 32,808 tonnes in 2013/14 season

Buhari: It’s a “disgrace” that Chad, Niger, Cameroon are more successful in fight against Boko Haram

INEC may postpone polls by six weeks

Friday, February 06, 2015

Interbank rates rise on CRR withdrawal

With African fashion in vogue, home talent shines

Nigerian bond yields seen up on election spending

Anatomy of Nigeria’s $20 billion “leak”

Boko Haram attacks military base in Niger

Niger troops, Chad air force fight off Boko Haram attack

Vice Admiral Usman Jibrin: Jonathan places high premium on maritime security

INEC meets parties Saturday to decide on polls

SEC to collaborate with Abuja Exchange

NSE ASI snaps off 4-day bull trend, declines 1.36%

Access Bank woos investors with N52.26bn rights issue

How will campaign programmes and promises be paid for?

Inter-bank rates rise 15.78% as naira loses against dollar at forex market

Master bakers divided over cassava bread fund disbursement

Etisalat partners UNAIDS to stop mother-to-child transmission of HIV

Africa benefits from $7.5bn pledge to immunise 300m children

‘Election postponement to erode investors’ confidence in economy’

A look at Pharmaceutical firms up coming earnings

Thursday, February 05, 2015

PwC audit reveals NNPC owes Federation Account $1.48bn

My people, Buhari is tired

Chevron defies pending Supreme Court case, signs OMLs 53, 55 asset sale deal with Seplat

IMF says its concerns about Ecobank have been addressed

Marriot Group expands in Nigeria, opens Protea Hotel Select Ikeja

Driving Nigeria’s mortgage refinancing system

Cancers of the mind

Growth spurt in automotive industry as capacity rises by 50%

The dangerous tragedy of Nigeria

Stimulating the economy through local manufacturing

FG in policy shift on C-band spectrum usage

FG grants soft loans to resuscitate moribund sugar coys

Banks lending to SMEs, retail sector to increase in 2015

Sanofi Nigeria partners health authorities to support 12 new diabetes, hypertension clinics

NAICOM to consolidate on insurance reforms

AUDIT REPORT: NPDC to refund $1.48bn to the Federation Account

Nigeria raises N192bn naira in T-bills

Rushed growth, poor governance at Ecobank poses serious concerns, IMF

Naira recovers from record low as CBN steps in

Council of states meeting in session, Obasanjo absent

N30trn missing under Okonjo-Iweala, insists Soludo, quits debate

NNPC decries upsurge in vandalism of crude, gas pipelines

Insurance sector to create 300,000 jobs in 3 years

CBN’s $200m sale fails to lift naira at inter-bank

BEDC blames load-shedding on supply shortfall

Apapa-Oshodi Expressway: FG blames contractor, election for failure to deliver trailer park

Greek cargo ship attacked off Nigeria; one crew member killed

Wednesday, February 04, 2015

Value of manufactured goods dips N271bn on power, insecurity

From ‘Dorobucci’ to Soludo’s hard-rock treatise

Nigeria’s capital market can rise to 250%, 300% of GDP over time’

Suffer little children…

Guinness Nigeria announces 5% increase in revenue in half year results

Investors in choppy deals amid N1.4trn loss

A wake-up call for civil society in Nigeria

Cost of funds highest in Edo/Delta industrial zone

Nigerite veers into dry construction market with N2bn investment

High end developers drop prices by 20%

FG may delay Feb vote if voter card distribution too low -INEC

Ecobank considers HQ move after Togo ruling

Elections: Commission redeploys 16 CPs

Apapa Customs Command generates N21bn in one month

Chad says it killed 200 Boko Haram militants in Nigeria

Chad military kills over 200 Boko Haram militants

Naira sheds 1.1 pct on low dollar liquidity

Court orders alternative service in Buhari’s disqualification suit

Nigerian banks’ syndicated borrowing stalls

Mega Mall project will stimulate urban renewal of Aba

APC to PDP: ‘Don’t play politics with water supply’

NOIPolls: Ambode leads in Lagos guber race

Togo court awards former Ecobank CEO Tanoh $11.6 m

CBN moves to shore up naira, announces emergency intervention for BDCs

Employ Nigerian pilots or lose air operator’s certificates, FG tells airlines

Nigeria exports 106,700 tonnes of raw cashews to Vietnam in 2014

Total’s projects in Nigeria, Angola, Congo safe from oil collapse cuts

Elections: NLC to organise debate for candidates

Anger, frustration trail PVC collection in Lagos

Tuesday, February 03, 2015

APC manifesto spending plan to cost N53trn over four years

Crude oil storage revives West Africa-US crude market

Oil output restrained by Forcados, Nembe Creek pipelines outages

Of Dasuki’s call and INEC’s preparedness

Eko DISCO shortlists 43 coys for embedded power generation

Nigeria sugar imports to fall on oil plunge

Winning the big war against cancer

Standard Bank sells London unit stake for $75m less

Better to prevent rather than treat lung cancer

The contest for Abuja (3)

Plateau Govt. collects N8.3bn as IGR in 2014

CBN plans aggressive dollar sales to boost naira

DMO to raise N90 billion in bonds

Chadian soldiers enter Nigeria’s Gambaru in pursuit of Boko Haram

Boko Haram: French planes carrying out reconnaissance missions on Nigeria border

French planes carrying out reconnaissance missions on Nigeria border

UN Security Council condemns continued attacks by Boko Haram

Russia’s Gazprom to slash 2015 capex by almost $8bn

CBN’s $200m forex offer, oil company dollar sale fail to lift naira

Entrepreneur commends Emefiele over achievements as CBN governor

Arik Air commences flight operations to Abidjan

Jeff & O’Brien to host open forum on retail banking

CAC launches 24-hour online registration portal to reduce cost of doing business

Monday, February 02, 2015

Nigerians travel ahead of elections over security concerns

FG slashes oil joint venture budget by 40%

Nigerian Breweries opens N18bn Aba brewery expansion

Let’s be fair, Jonathan has done well on the economy (1)

Gran Imperio in bullish essential-homes delivery, targets 1,000 units in 2015

Let us sustain democracy, not banausocracy

Oil price crash and Why this time is different

Achieving food security through agric transformation agenda

PWC submits NNPC foresic report recommend reforms

Foreign buyers pull N846.5bn from Nigerian equity market

Buhari: Between facts and fallacies

OPEC delegates cautious over oil-price rebound

SacOil says could exit Nigeria assets

Deadly car bomb explodes in Nigeria’s Gombe after Jonathan rally

Foreign investors pulled $4.5bn from NSE in 2014

Molade Thomas-Okoya is dead

Guinness Nigeria H1 pretax profit falls 27.4 pct

The debate continues: Soludo’s response to Okonjo-Iweala  

Council proposes new economic agenda for maritime industry

Naira gains after CBN, Shell sell dollars

High dollar demand to put more pressure on naira this week

NBS sees 2015 inflation in single digit despite intense pressure on naira

Nembe Creek oil pipeline for Bonny Light reopened

Mobile payment rises 8,400% as Emefiele inaugurates PSS board

Companies raise N6.2trn in 4 years by IPO across African Exchanges

Arab spring, literacy level ignite Nigerians’ interest in elections – Analysts

Rivers’ APC calls for international investigation of endless violent acts against members

Issues threatening 2015 election in Kano

I have everything it takes to redeem Abia

Customs rakes in N9.6bn at Seme Border

Investors lose N84bn at stock market

CEO succession – the role of the board

Why small businesses should do branding

Afren shares rise 49 percent on debt repayment grace

Annual rice imports reduce by 40% as incentives boost tomato business in Kano

Afrinvest canvasses diverse investment strategies in face of economic headwind

Sunday, February 01, 2015

Currency substitution threatens banks’ intermediation role

Swiss hotel kicks off brand expansion plan in Niageria, West Africa

Buhari and the presidency

Searchlight on Nigerian roofers’ Q3 2014 performance

Investors on edge over rising equity risk premium

Never give up trying

The price of APC’s statist agenda

A seminal outing

Total E&P boosts Alaoji Power Plant with gas supply

MAN calls for establishment of DFIs to spur SMEs

Suicide bomber kills 10 in Potiskum

Several killed as military repels fresh Boko Haram attack on Maiduguri

INEC extends deadline for PVC collection to February 8

Saturday, January 31, 2015

Oil slump means Dangote Refinery berthing at opportune time

Three global health threats

Real estate sector growth and skilled manpower challenge

2015 poll: Why Nigeria must get it right

Buhari: A tortuous road to the presidency

Oil slide, consumer slowdown threaten cement firms

Top 10 Nigerian companies to watch in 2015

Nigeria’s commodity curse – and blessing

Top 10 up-coming retail malls in Nigeria

An unconvincing answer to the Naira question