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Businessday Nigeria Archive for June 2016Rss

Wednesday, June 29, 2016

Foreign portfolio flows returning as FX reforms boosts confidence

‘PSC gas terms to be ready in 3 weeks’

The complexion of bank credits and deposits across jurisdictions in Nigeria

Africa’s forex, financial markets, bear brunt of Brexit fallout

How EU overreach pushed Britain out

Oracle Cloud growth shows promise as earnings spike

Africa – Mapping out the impact of surprise Brexit vote

Early action as basis for averting threats of emerging diseases on crop production

How Brexit affect your summer vacation plans?

Policy inconsistency, non functional framework threaten 2020 power generation aspiration

More than 300,000 jostle for 750 EFCC jobs

Naira gains N1.09k as DMO plans to raise N395bn bond

Lagos pays LCC loan facility on restructured terms

We won’t meddle in LASIEC’s affairs – Ambode

FG clamps down on illegal broadcast

INEC to announce dates for Rivers, Imo, Kano rerun polls today

Dangote refinery, fertilizer projects to create 235,000 new jobs

Businesses under pressure as tax demand mounts amid rising operational costs

CIBN leads stakeholders to x-ray implications of Brexit on Nigerian banks

No foreign coach for Super Eagles – Dalung

Naira float makes Nigeria stocks interesting again -Templeton’s Mobius

DELTA SET TO ESTABLISH LOTTERY COMPANY TO SHORE UP IGR, CREATE EMPLOYMENT

EARNINGS ALERT: RAK UNITY PETROLEUM PLC

Bill Gates, Zuckerberg lose $3.4 billion to Brexit

Alleged Forgery: Resign if aggrieved SGF tells Saraki

Presidency summons Borno Gov. over reports of IDP camps

IATA expresses outrage over Istanbul airport attack

EDO 2016: Sheriff faction elects Iduoriyekemwen PDP candidate

Kwara state health insurance programme wins FT/IFC award

NEW TRADE ROUTES: ARAB WORLD – TOURISM – New middle classes take to Dubai

Delta constitutes eight-man-committees for 25th Anniversary

Abuja High Court sacks Ali Modu Sheriff

MTN Nigeria wins 2.6 GHz auction

Nigeria losses N72bn oil palm revenue over non-utilization of nine million seedlings

Citi Bank trades first naira-settled FX futures with CBN

Court accuses Ex-President’s campaigners of embezzlement

Plateau sets up 14-man c’ttee on grazing reserves

CBN refutes resuming dollar sales to BDCs

FG to raise N305-395 bln in 2021, 2026, 2036 bonds in Q3

INEC, PDP ask court to dismiss suit on Anambra PDP primaries

  EARNINGS BROADCAST: Seven‐Up Bottling Company Plc

CBN approves Independent Director for Fidelity Bank Plc

Toyota recalls 1.4m cars worldwide over curtain shield airbags

N4.9bn Fraud : Fani Kayode loses challenge against his prolonged detention

Crack down on illegal fishing to protect millions of workers in W.Africa – thinktank

Brexit will make the UK more vulnerable to cybercrime

 EU leaders meet without Cameron to discuss post-Brexit future

Maritime University Ibuza to commence activities soon – Naval Chief

Stakeholders task FG on generational mortgage financing to end housing deficit

Udom under pressure to set up oil mineral development commission

Millions of city residents live in slums amid wasting, empty houses

Nigeria needs peace to develop- Buhari

36 dead and 140 injured in Turkey airport attack

Econet rises again, acquires  Africa’s largest broadband network

Tuesday, June 28, 2016

Britain after Brexit

Agric still in shambles as policy makers fail to tackle key problem

Naira devaluation and Brexit: Twin avenues to uncertainty

We are all corrupt … revisited (1)

FX liberalisation and short-term positive implication on banks

BREXIT and its impact on oil market

Dangote refinery and Nigerian economy

Forex: Cashew Association optimistic of exporter’s access to export proceeds

‘Court is the only legitimate institution where Saraki, Ekweremadu can prove their innocence’

Driving a new narrative for domestic gas supply

Adeosun reopens NERFUND, directs staff back to work

Army to utilise NADEL 2016  celebrations to sharpen  skills, review strategies- Buratai

Nigeria Immigration seeks access to INTERPOL database, police collaboration

Forgery trial: I am witnessing as a Senator -Ojudu

Turkey airport attack: 10 killed in explosions at Istanbul Atatürk

Sierra Leonean Attempts to Set Air France Plane on Fire

Shoprite launches “Usave” format in Nigeria 

Lagarde commends Nigeria’s FX policy, Corruption war

Naira falls as CBN remains major FX supplier

Concerns as DMB’s Non-Performing Loans near 5% threshold 

Euro 2016: England’s shock exit draws heavy criticism

18 PDP state chairmen pass vote of confidence on Sheriff

NNPC to step up community engagement

Alleged forgery: Ekweremadu writes UN, US, EU others 

Alleged Forgery: AGF to appear before Senate on Thursday 

Unilever Global CEO speaks on sustainable business models and SDGs

Wimbledon 2016: Serena defeats Sadikovic in two sets

Former Sevilla boss Unai Emery joins PSG

‎U-17 Basketball: Nigeria protest Spain’s denial of visas to team

UK opposition Labour leader Corbyn says he will not resign

Nigerian equity market drops further by 0.89%

Euro 2016 failure has damaged England

Euro 2016: Shearer criticises England after Iceland defeat

Fani-Kayode, others remanded in prison over N4.6bn fraud

Liverpool complete £34m signing of Sadio Mane

UN earmarks $13mn to support economic recovery in north-east Nigeria  

Jason Day withdraws from Rio Olympics over Zika fears

U.S., NACC to train 200 Nigerian farmers on branding

Nigerian stocks extend losses as Brexit’s impact continues

FG to sell N94 bn in Treasury bills

CBN sells FX to ease shortage, boost liquidity – traders

Banking frauds, forgeries stood at 12,279 in 2015-NDIC

Nigerian army remains resolute, takes war against insurgency to cyber space

Stakeholders wants FG to adopt  GTL as course in Nigeria

‘Investors will bring money into real estate with appropriate pricing of naira’

Two suicide bombers blow themselves up in Borno

Zimbabwe opposition leader Tsvangirai says has cancer of the colon

Union Dicon Salt Plc releases FY 2015 Audited report

Akwa Ibom seeks collaboration with FIRS to enhance revenue generation

Produce evidence , Presidency replies Saraki

Ghana says will not quit IMF austerity program despite polls

22 PDP State chairmen endorse Makarfi, say Sheriff’s faction Illegal

Wike points to Rivers importance to economy, warns against plot to destabilise the state

No limit on naira debit, credit cards utilization – CBN

Commissioner intervenes in Abia-NASSI crisis

Despite new FX regime, Buhari says no benefit from devaluation

Nigeria’s economy battered by years of gross mismanagement – Buhari

Monday, June 27, 2016

FG to fast-track strategies to ease doing business in Nigeria, Buhari assures 

Race to Osadebey Avenue: Oshiomhole, Ize-Iyamu rekindle political hostilities 

CBN foresees N225 convergence rate at futures, spot FX markets

Hope away from home

Brexit risks for Africa are overblown

Analysts see bank earnings spike on new CBN rules

Is the looming clash between the executive and the legislature unavoidable? 

On Immunity and life pension for leaders of the legislature

Mastercard sees huge potential in Africa’s e-commerce industry

CBN sells FX, naira eases against dollar

CBN issues requirements for externalisation on OTC FX futures for FPIs

NIMASA takes steps to domesticate Maritime Labour Convention 2006 – Peterside

 Finance minister sees new FX policy as missing link

Private sector to discuss how to close investment gap in Delta

Unilever promises further commitment to sustainable business

Alleged forgery: I’m ready for jail, says Saraki 

Islamist Militant Attacks on rise across Africa, IHS Says

Lagos to export Nigerian films to Toronto festival

 Ecobank loses in court against Honeywell

Italy send champions Spain out of Euro 2016

SABMiller to increase Nigeria investment

Nigeria oil output rises to 1.9 million bpd due to repairs -NNPC

FG clears N1.3bn YouWiN backlog, signals imminent restructuring

2019: INEC reiterates commitment to increasing voter education

Okomu Oil Palm Plc gives shareholders 10kobo dividends

Do you suffer from financial anxiety?

Police headquarters gets new spokesman 

Operators seek right gas pricing incentives to boost domestic demand 

‘No state yet eligible to access N90bn budget support,’ says Finance minister

Don’t panic, I remain your governor, Ikpeazu tells Abians

Rio 2016: Russian athletes appeal over Olympics ban

Diesel fuel scarcity: FG  to assist tractor owners, operators

CBN sells FX, naira eases against dollar

300,000 Nigerians currently living in US-Envoy

Eko Disco installs 96, 200 prepaid meters in 3 years, says COO

Nigeria imports 20 million shoes yearly, despite global rating as lead Leather exporter

Governor Ikpeazu of Abia State removed from office over fake tax clearance

The Nigerian Entrepreneur who built a $10mn Toy company

Meet The 36 Year-Old Entrepreneur Who Owns Nigeria’s 2nd Largest Rice Farm

Kidnappers release seven expatriate workers held in South Nigeria

Nigeria seeks $40bn in Oil Investment as output rises

Alleged Senate Rules Forgery: Saraki, Ekweremadu others granted bail

NCAA withdraws license of three pilots over excess alcohol intake

Charting a new course for the Nigerian foreign exchange market

Court ‘cleared out’ for Saraki and Ekweremadu’s arraignment

Nigeria Seeks $40-$50 bn in oil investment as output rises

Custodian and Allied Plc appoints Omobola Johnson as Chairman

Rak Unity Petroleum Comp. Plc announces resignation of chairman

FG’s interest in Dangote refineries to attract FDI to downstream oil sector

Ogonis reject NPDC oil production resumption

Gunmen release expatriate contractors kidnapped in Niger Delta – police

Sustained naira gains seen this week as demand pressure wanes

Ikpeazu, Enelama, other stakeholders strategise for Abia development

Analyst opposes Capital Expenditure Budget Roll-Over Bill

Super Eagles Head Coach to be named in 2 weeks, says Pinnick

Argentina forward Messi retires from international football

Sunday, June 26, 2016

CBN, FMDQ launch Naira-settled OTC FX futures market

Forex policy U-turn: Buhari must never again delay the inevitable

Restructuring for effective statehood

Raise the bar

International airlines lose $208m in FX rate shift

NEITI to release 2014, 2015 audit reports by year end

Pharmarceuticals cautious of new investments despite stock rally

Why it matters (2)

With adequate insurance, you can replace lost assets

The path to inclusive growth

Mining waste management in Nigeria (3)

 Makurdi- Gboko highway accommodated in 2016 budget, contractor mobilises back to site

Brexit will have negative impact on Nigeria, says Abuja Chamber of Commerce

Kidnapped Macmahon Holdings contractors released

Nigerian army says it freed over 5,000 people held by Boko Haram

NDLEA seizes N22bn drugs in 2015, arrests 8,778 suspects

NAF graduates ten student pilots, plans to acquire more training equipment

Freezing of Fayose’s account is constitutional, says SERAP

25 companies sign MoU to participate in ECOWAS rice programme

Niger Delta Avengers calls for referendum

El-Rufai declares war on rapists, vows not to let them thrive

Verification exercise uncovers 13,336 Ghost Workers in Kaduna State

Ambassadorial list: No qualified candidates in the 4 omitted states – FG

Suspected passengers baggage thief caught under conveyor belt at MMIA

Ambassadorial list: No qualified candidates from four omitted states – FG

Kwara JAAC appropriates 60% of June allocation for teachers’ salaries

Expert blames national insecurity on rising unemployment

Nigeria looks to Russia for trade expansion amid oil crash

The N90bn gamble … A loan or another bazaar?

China CAMC to partner UNIDO ITPO to invest in Nigeria’s agro-industrial sectors

Newly established universities compounding Nigeria’s unemployment woes – experts

Ganduje’s sack of Kwankwaso men seals hope of reconciliation

Giving the President a befitting welcome

Arik Air sponsors conjoined twins to New York for surgery

FG to earn $500m from Dangote refineries in three years

Saturday, June 25, 2016

Analysts see foreign investment into UK property market spiking as Brexit concerns dim

NUPENG, Rivers close to a truce over tanker drivers’ lockdown

Our Report is to elicit questions, effect necessary corrections, says NEITI

A dangerous trend…

Danbatta seeks Reps’ cooperation on telecom regulations

Security vote for governors is an abuse and an aberration – BudgIT founder

Bristow introduces new helicopter rescue recovery services

IATA releases preliminary impact of Brexit on UK’s aviation

Ikpeazu earmarks N7bn for reconstruction of Fauks Road

Kachikwu’s recipe on modular refineries

Portugal edge out Croatia at Euro 2016

Euro 2016: Own goal sends Wales into quarterfinal

Brexit: A big blow for Premier League clubs

17 ships discharging petroleum products, other commodities in Lagos

11 Nigerians deported from Spain

When Avengers unite

Nigerian interbank rate falls after banks rediscount debt notes

Kelechi Iheanacho included in Nigeria’s Olympics squad

Nigeria, Cameroon, Algeria in same World Cup qualifying group

What does UK’s exit from EU mean for the Premier League?

South African financial institutions can withstand Brexit shock – Zuma

The Brexit: What implications for Africa?

What does Brexit mean for Africa?

Friday, June 24, 2016

AMCON takes over AfriJet Airlines assets over N10b debt

Fury postpones Klitschko rematch 

Buhari lauds Cameron’s resignation

Brexit: British clubs could suffer in transfer window

2018 FIFA World Cup qualifiers: Nigeria in tight group

Brexit portends negative consequences for Nigeria – Akinterinwa

Nigeria stocks end three-day rally as Brexit stokes risk aversion

CBN sells FX to boost liquidity for fifth straight day

Under dispensing of fuel drops In A/Ibom, Cross River says DPR

Exporters to upscale operations as NEXIM, CBN flag off N500bn facility

U.K. Backs Brexit as Cameron Resigns After Historic Rupture

Insurers target young populace in rebranding project

Nigeria’s technology space accommodates business marketing

ELAN sees Equipment Leasing Act enhancing Nigeria’s economic growth

N40bn renewable energy investments across Africa to add 1,300mw by 2018

  Benue, Oyo, Ekiti join Lagos, Abia as Nigeria’s dirtiest states   

FG takes step to boost revenue generation at ports

National Power Grid collapsing intermittently since Sunday – PHED

UBA unveils new PayAttitude tag

Nigeria, others waste one billion tons of food valued $310bn yearly

Telco restates commitment to environment protection

NEITI will ensure solid minerals sector doesn’t repeat oil/gas sector’s mistakes’

United Kingdom requires ‘Fresh Leadership,’ says Cameron

Nigerian banks have absorbed effective devaluation-Fitch

Naira firms again after CBN sells $76.8m at inter-bank market

Oil hit hard as Britain votes to leave Europe

Pound hits lowest level as UK breaks out of EU

Thursday, June 23, 2016

Hope rises for job creation Q3 on 29.9 point employment index

‘Israel and Nigeria have a long standing friendship and record of cooperation’

The slap and the fury

See Paris and Live!

Sports coaches and heart fears

Hoteliers under pressure to hike rates as operating cost rises

IoD embarks on expansion drive amid 20% growth in membership

Denham Capital, GreenWish, partner to finance 600MW renewable energy in SSA

South Africa’s MTN bets on mobile banking with new CEO

NPC Calls for adoption of ICT in Export business

Buhari appoints new MD for National Inland Waterways Authority

IDPs: Reps to probe alleged diversion of multi billion dollars by CSOs, others

Nigeria, Norway to deepen cooperation on fisheries development

Euro 2016: Goldman Sachs predicts Belgium vs. France final

Buhari charges public officers to justify their promotions

Land Swap scandal: Reps ask EFCC, ICPC to prosecute former FCT Minister

FG inaugurates committee to implement Kaduna dry port

MTN bets on mobile banking with new CEO

Fitch downgrades Nigeria to B+

IGR : Most states lack ‘tax space’ – Adeosun

Sheraton Hotel records N4.69bn profit

Ecobank has no plan to exit any country

Why I am being punished by the powers that be-Dasuki 

CBN sells dollars for fourth day to boost FX liquidity

Joint Venture structuring, a major determinant in the PIB – Osinbajo

OPEC report highlights mixed performance of global oil industry

State govts’ non-payment of workers’ salaries disgraceful to Nigeria, says Buhari

OPERATION DELTA SAFE replaces Pulo Shield

OPEC posts first collective deficit in 18 years

We gave N35bn aviation loan to Jimoh Ibrahim, UBA insists

Insurers fail to secure reinsurance backing over FX shortage

Ambode seeks OPS’s partnership on entrepreneurship 

Lagos urges MAN on environmental protection

Hurdles clear for Ropeways Cable Car construction

Naira records first gain after FX floats on CBN intervention

SMEDAN calls for programmes to grow entrepreneurship in A/Ibom

Udom calls for state of emergency in education

Abia survival depends on agriculture – Ikpeazu

Gunmen kill one, abduct seven, including 3 Australians, in Cross River

UNICEF seeks Rivers’ counterpart funding to tackle infant, maternal mortality

10 reasons Nigeria must not adopt GMO foods – medical expert

NEPC urges Nigerian exporters to acquaint selves on ICT usage

Wednesday, June 22, 2016

Investors interest in Nigeria surges on FX reforms

Ten manufacturing sub-sectors shunned over policy uncertainty

Nigerdock delivers topsides for Total’s Ofon Phase 2 Platforms

Economists lay out Brexit impact on Nigeria as world awaits outcome

Strategies for late retirement savers

Implication of new forex regime for the stock market

Hillsborough and minister Abba Moro (2)

Shell to expand its presence in Nigeria’s gas market

Road to market for SMEs

Controversial Grazing Bill surfaces in Senate 

Police to review deployment of special units’ personnel

FG partners North South Power Company on hydro power

Alleged Persecution: PDP senators pass vote of no confidence on Buhari

Reps probe Obaseki, 2 others over alleged $16m estate deal

FRSC to prosecute school owners who fail to register fleet

NDDC awards N2.4trn projects in 15 years – Report

Naira gains as Nigeria’s Central Bank boosts dollar supplies

NSE ASI crosses 30,000 points

UK stands at the epoch of historic vote

India launches 20 satellites in single mission

Ambassadorial Nominees’ Screening suspended

US deports 41 Nigerians, arrives Lagos Airport

Reps probe N2.9trn accrued to TSA

Customs seize goods worth 20 Million Naira in Kano

APC inaugurates Reconciliation Committee for Edo State Primaries

Ghana unadjusted Q1 2016 GDP growth at 4.9%

President warns oil fall leaves Angola short of foreign reserves

Nigerian local leader: militants might allow government time to meet demands

Absence of policy blueprint blights Nigeria’s oil and gas reforms

Buhari meets Aso Rock Staff

Oil producers keep output freeze revival on standby if prices weaken

Farmers urged to adopt mechanisation to boost productivity

Rio 2016: McIlroy pulls out of Olympics over Zika virus

FG, Kano set to partner to develop State Sports Institute

You have no idea what happened during the civil war- Buhari tells Pro-Biafra agitators

Asoko Sector Brief – Nigeria Agri-Finance Q2, 2016

Reps want FG to subsidise Sickle Cell patients’ treatment cost

NGO signs MoU with FG to deliver entrepreneurship education

AfDB plans $175m for agricultural transformation in North-West region

Africa-focused funds fuse $3.3 billion electric power assets

Nigeria naira firms on thin volumes as traders eye dollar liquidity

Jinx of failed privatization over with NATCOM takeover of NITEL / MTEL -BPE

 ‘I can solve tomato ebola outbreak’

Oil inches up to $51/bl

Small EMEA oil firms’ survival chances vary widely-Fitch Ratings

Boko Haram fracturing over Islamic State ties, U.S. general warns

West Africa gas pipeline cuts supply to Ghana over unpaid bills

‘Local, foreign investments critical to growth of trade, industry’

Energy diversification threatened as weak policy implementation scares investors

While Ajaokuta Steel lies dormant, Nigeria spends N2.5trn annually on steel imports

Nigeria incurs $2.2bn losses annually on weakened maritime sector

‘Lagos, Dubai SmartCity to attract multi-billion dollar investments’

Tuesday, June 21, 2016

‘Presidency’s delay in appointing agencies boards hurting economy’

Dealing with regulatory pitfalls in microfinancing

The Naira exchange: Welcome to the future

Despite disruptions, massive global crude oil supply overhang exists

Bankrupt states get lifeline as FX flexibility boosts revenue

Controversy trails purported ceasefire agreement between FG and Avengers

FG okays Union Dicon’s takeover of Kogi SCPZ

Law reform and economic development

How to avoid strain on family finances

Nigerian universities challenged as diaspora students react to FX crunch

Labour rejects life pension for political office holders

Guber poll: Sheriff declares Edo PDP primaries illegal 

FG sacks striking doctors of federal hospitals

Niger Delta Avengers deny ceasefire agreement with FG

OPEC’s Barkindo says been told that Nigeria’s oil production is rising

Fashola unveils plans on construction of affordable, energy efficient mass houses

N2bn fraud: Court adjourns Oronsaye’s case to June 28

NERC calls for restraint as customers intensify attacks on Discos        

Edo 2016 : Masari summoned over alleged irregularities at APC guber primaries 

“I cannot get fair hearing from you,”Saraki insists

Presidency responds to Fayose’s claim on Aisha Buhari

Alleged forgery: Senate summons AGF to appear within 48hrs

Dialogue with militants only way to solve Niger Delta issues- OPEC Sec Gen

US sex scandal: Dogara tasks investigative committee on thorough exercise

Households seek alternatives as food prices spike

Instagram’s user base grows to more than 500 million

Nigeria dollar bonds jump to multi-month highs on new FX regime

Ibrahim Kpotum Idris tipped to be new police commissioner

Niger Delta Avengers agrees to one-month ceasefire

Nigeria central bank sells $3.5 bln in forward trades to clear FX backlog

Ecobank launches “Move on Up” consumer campaign

APC hails judicial reprieve for sacked Rivers council chairmen

Abia to continue with infrastructure development, despite declining revenue

Insurers rule out sack of workers over economic headwinds

Mauritius Targets Nigeria, Other African Markets to Grow Tourism

TUC to resist Senate’ life pension, immunity proposal

Alleged Senate forgery: Party will conduct investigation – Oyegun

Fighting breaks out in Central African Republic’s capital

N300bn aviation/power fund diverted to Ghana – Senate

Blocked Ogun River:  Danger lies beneath, Lagos warns residents

Meter: Why Discos don’t patronise local manufacturers – expert

Executive, legislators differ on legality of over N1trn spent on constituency projects since 2004

Monday, June 20, 2016

Naira settles at N282/$ as CBN intervenes with $4.06bn

Possible exit of Britain from the European Union & lessons for Nigeria

Is mediocrity officially endorsed?

On the economy, Buhari has to do more

Shame of a nation

Investors to take spoils of Nigeria’s shrinking economic growth

Online talent platforms could ease labour-market skills mismatch, optimise human capital

World Bank/FGN initiative on businnes oriented agriculture succeeding – SHEHU

Shell Global spends highest on social investment in Nigeria

Nigerian government insists medium term debt strategy ‘appropriate’ for the times

FG moves to truncate tenured appointments in civil service

EFCC has frozen my account – Fayose

Market clears $4bn backlog as bidding resumes in new FX regime

Edo 2016: Ize-Iyamu emerges PDP’s candidate

Ethiopian Airlines acquires Africa’s first Airbus A-350

Workers ground finance ministry over unpaid N1.2bn allowances 

N300bn aviation/power fund diverted to Ghana – Senate  

Power struggle among militants eclipsing truce talks

Lecturers, students disagree over Sexual Harassment Bill 

DSS accuses Nnamdi Kanu of trying to stall trial

Keep off Ogun River blocked by vegetation, Lagos warns residents

Executive, Legislators differ on legality of Constituency projects

Clean Energy Ministerial Secretariat finds home at IEA

Customs arrests 12 over job scam

Naira tumbles 23 percent after currency peg ends

New FX policy will attract portfolio investors, says economist

CBN to auction dollars to ease demand

Search for missing flight MH370 gives up possible personal items

Boko Haram militants kill seven police in attack in Niger

UCH trains 15 new graduate psychiatrists

Five ways naira flotation will affect Nigeria

Akwa Ibom now ready for FG’s bailout – finance commissioner

Nigerian naira quoted at 253/$ as interbank market opens

MTN Appoints Rob Shuter as Group President, CEO

Naira slumps as 15-Month currency peg ends in Lagos

National leaders hail Wike as more projects come on stream

Shell doles out N29bn to NDDC in 2015

Governor Bagudu sees new FX policy attracting better financial returns for agric sector

‘Government relaxes MTN’s fine to encourage foreign investments’

Former rector wants FG to negotiate with NDA

Sunday, June 19, 2016

What to expect as interbank FX market re-opens today

Of rice and toothpicks: Control freakery will immiserate Nigerians

The case for restructuring

A bold and positive step on fx, some risks attached

FX speculators hit as naira firms on CBN liquidity mop up

‘We want to tell the African story from African perspective’

Unshackling the economy

FMCG firms set to resume expansion on FX flexibility

Job-hopping may save your finance

Royal Exchange confirms Muktari as GMD

Presidency threatens legal action against lawyer over statement on Buhari’s certificate

We will automate payment process in NIMASA – Peterside

Alleged forgery: My hands are clean, says Ekweremadu

NUPENG strike: Fuel scarcity bites as River government broker truce

President Buhari returns to Nigeria, says he is hale and hearty

FEC relaxes MTN $5.2bn fine to encourage foreign investments- Minister

Nigeria’s OTC FX Futures Market to address FX needs of Corporates

Iran reached deal to buy 100 new boeing planes

Sex scandal: Accused lawmakers innocent until proven guilty – Dogara

SEC seeks government incentive for listed companies

Obaseki calls for unity among party members

BoI signs MoU with Osun, to promote local fabrics

Flexible FX policy: NSE market capitalisation crosses N10trn mark

Edo 2016 : Obaseki emerges APC flag bearer

Saturday, June 18, 2016

Nadal set for Toronto return ahead of Olympics

The Big Looters Club

Edo 2016: Oshiomhole debunks rumour of PVCs racketeering

Excel boys win N2.3m NNPC/Shell Cup prize money

Ambode, destiny, rough road and a magical figure

Shake off these chains

Boko Haram kills 7 police officers in Niger

Banks ask customers to submit bids ahead of naira float

Global oil majors look to shed refineries as crude prices rebound

Mitsubishi plans $600m compensation for four models over mileage cheat – Nikkei

Maradona accuses Blatter of stealing FIFA’s money 

Association trains 70 Micro-finance institutions on Inclusive Finance Exercise

Commercial banks to set naira rate on Monday without CBN intervention: banker 

How naira-settled OTC FX futures will work

Kudos to Ikpeazu as Abia receives N1bn CBN agric loan (2)

States expand rice operations as Nigeria pushes to cut N356bn import bill

Kudos to Ikpeazu as Abia receives N1bn CBN agric loan

WAPIC Insurance GDRs quoted on international market

New CBN FX guidelines to rejig petroleum downstream sector

Nigeria’s software development gets $24m boost

Council classifies 13 exportable products to expands Nigeria’s economy

Maritime stakeholders kick as CBN FX policy fails to ease imports

Friday, June 17, 2016

Second flight recorder retrieved from crashed EgyptAir flight

IFAD kick-starts $85 million Climate Change programme

Nigeria stocks, black market naira soar after FX reforms

IAAF ban Russian athletes from Olympics

Experts urge retailers to embrace local materials

Poll fingers naira to shed a third of its value on Monday

Expected slump in Naira great news for MTN’s Nigerian fine

Stocks hit 3-week high before new FX policy starts

Boko Haram shoot dead 18 women at funeral in northern Nigeria

Infrastructure stalls Nigeria’s SmartCity ambition

Military foils attack on Agip, arrests 19 vandals in Niger Delta

Troops arrest Boko Haram members

NAF launches air strikes in northern Borno

Naira firms against dollar at parallel market

EFCC sets up tasks force to investigate alleged financial crimesPeople

Niger Delta Avengers deny negotiation with FG

CBN mops up naira at higher rate ahead of next week’s FX trading

CBN mops up naira cash at higher rate before FX trading starts 

162 Nigerians Voluntary Returnees Arrive Nigeria from Libya

Alleged US Sex Scandal: Dogara orders investigation of 3 Reps

FG To Pay MDAs’ 78.7bn Naira Electricity Debts

FUOYE set to become leading, innovative world class academic environment

Kachikwu, Sirika mull $151m savings from locally refined aviation fuel

Online talent platforms could ease labour-market skills mismatch, optimise human capital potential

Online talent platforms could ease labour-market skills mismatch, optimise human capital potentials

CBN supports banks with N50bn RRF for export financing

Nigeria changes course with painful devaluation

FG shuts NERFUND on allegations of mismanaged funds

Reps task FG on N55.8bn amnesty budget

Stocks rise as traders anticipate return of foreigners

Army uncovers Boko Haram’s tactics of evading surveillance in Borno

Black box from crashed EgyptAir plane retrieved

Human Rights Watch says more than 400 killed in Ethiopia protests

Presidential WAEC Certificate Saga : Court adjourns matter sine die

Thursday, June 16, 2016

‘Being a father is very different from fathering a child’

CBN’s new FX guidelines hold mixed fortunes for banks

A customer service conundrum

How much do you need to start making investment?

Keshi, Amodu: Rare gems gone too soon

Nigeria, SA neck and neck as Africa’s largest economies post FX policy

Heritage Bank shortlists applicants for CBN N3bn youth entrepreneurship initiative

Saving our drowning humanity

ABIOLA SALAMI, Promoting women development through CHAMP Xceptional Women Network

Boys day out!

CBN reels out plans for implementation of N500bn export stimulation facility

Reps write South African embassy, others over N41.2bn railway contracts

Aisha Buhari seeks  Parental protection of girl child from online predators

Edo guber: PDP holds primaries Monday

Court orders Kogi lawmakers to stay off Assembly premises

Reps: N502bn budget for NDDC, FCT scale second reading

EDO 2016 : Masari, 6 others to conduct APC guber primaries

Nigerian bankers, FX traders, to meet CBN on currency trading – treasury source

FG saving N1.4 trillion per annum from subsidy-Kachikwu

Senior citizens most affected by fuel price increase -NOI Polls

NEPC identifies 13 exportable products to diversify Nigeria’s economy

Oil sector’s $1tn spending gap raises future supply concern

NNPC closes pipeline valve in Nigeria Delta after gas leak -official

Cheap naira assets to attract real estate FDI as uncertainty clears

Airlines get respite as CBN reels out plans to boost FX supply

2015 Ibrahim Prize for achievement in African leadership has no winner

Over 8 billion connected devices globally

African youths blame politicians for conflicts, crises: UN poll

No new dollar-naira trades done on Thursday -Nigerian central bank official

Yields on Nigeria’s local-currency rise at auction-debt office

Smart-phone giants scramble for Nigerian market despite economic lull

Agric sector to benefit as CBN gives exporters free hand on FX

FBNH, UBA, Access other systemically important banks seen as FX primary dealers

Manufacturers see improved access to inputs, stability in FX market

Buhari returns to Nigeria Sunday

LCCI, Trail Trans to unveil e-commerce platform to boost bilateral trade with Russia

Block-chain technology to lower banks’ transaction costs, processing time

CBN New FX rules seen bolstering stock market confidence

OGIRS seals illegal activities of tax evaders, shuts 45 firms, businesses

FX squeeze on oil marketers may ease – experts

Nigerian infrastructure to receive $2bn from US donors

Only 6 million Nigerians are metered – Fashola

Oando Foundation, USAID partner to educate children at IDP Camps

As income depletes, 58% Nigerians cut back on spending – survey

CBN deepens awareness on cashless policy, records over 2000% success since 2012

Violation of IDPs rights: ECOWAS Court dismisses suit against FG

CBN to abandon naira peg in favour of open market trading

Re-introducing and Operationalising Nigeria’s Flexible Exchange Rate Market

NLC issues 14-Day ultimatum to deposit banks to recall sacked workers

EgyptAir crash: Wreckage found in Mediterranean

Wednesday, June 15, 2016

All round applause for new CBN forex policy

Nature’s answer to climate risk

Needs vs wants on the road to wealth

New FX framework working as stocks erase 8-day loss

Framework for re-introduction of managed float exchange rate system

FG’s external debt profile to increase as it shifts focus to allow local banks lend to SMEs

For the teacher’s son, people’s verdict is A-plus

eTranzact records $30bn transaction in 2015

Standard Chartered consumer price tracker shows Nigeria inflation surges

Nigeria, others to reap $1.3bn from liberalization – IATA

Zika, likely to pose public health risk during Olympics

Russia Doping: Wada new report reveals more test

SON seeks support of EFCC in tackling substandard products

Suswam believed in violence, procured arms for young men- Ortom

NIPC attracts $90million from Japan

Senate sets up ad-hoc committee on N1trn NEITI audit report

New FX guidelines to ease pressure on oil marketers – experts

Rio 2016 Qualifiers: NBBF lauds D’Tigress victory over Korea

Rio Olympic Games preparations worst ever – Toriola

Non-oil exports to spike, as CBN gives exporters free hand on FX

Again, Dokpesi gets a long adjournment 

New guidelines for the operation of the Nigerian Inter-Bank FX Market

Nigeria introduces flexible FX market

Saraki’s trial adjourned till June 21

CBN licences two new banks with regional authorization

Allegation of APC plotting Sheriff to destabilize PDP laughable

FBN Capital receives accolades in Global Finance awards

Reps approve October as new take-off date for FCT IRS

PA to CCT chair confirms, Umar met severally with ex-Customs DCG

Naira devaluation bets surge before Nigeria unveils new policy

NNPC raises hope on improved electricity supply

Nigeria football sponsors ‘fear lesbians’

I remember the day … I designed the Nigerian flag

Improved land administration in states seen growing IGR

Repair work on vandalised transmission lines to cut 300mw supply

Job losses: Employers, workers are victims of economic downturn – NECA

SSA boost global social entrepreneurship index with 9% activity

Why we support Competition Law campaign – Lagos

Court warns information ministry over incessant delay in 3-year old suit

IHS, HTN close first African mobile infrastructure consolidation transaction

Gas shortage worsens manufacturers’ plight

2,300 children die of malnutrition annually in Nigeria – health ministry

South-South Monarchs to meet over restiveness in Niger Delta

FG approves 28m to NBTS to enhance its operation-Coordinator

FG committed to eradication of child labour – Perm. Sec.

NAF denies story on impending retirement

Nigeria to announce flexible currency regime today

Boko Haram kidnaps three women near Chibok town  

Rice harvest in West Africa tops 14m MT

On back of fine deal, MTN to significantly increase Nigeria spending

Niger Delta Avengers: Ijaw youth commends FG dialogue moves

Tuesday, June 14, 2016

CBN shifts new bank capital rules deadline pending FX flexibility

Stephen Keshi (1961 – 2016)

Ngige and the drivers of employment

FG guarantees N90bn budget support facility for states

Rebuilding public trust: the Lagos way

Poor packaging, compliance fester rejection of Nigerian products

Banks Limiting OTC withdrawal to N10,000, deposits drop, sign of economic slowdown

Bailout of states is not enough!

Ajaokuta no more viable as Nigeria’s steel woes mount

Lufthansa sees prospects in Nigeria despite US$700m stuck monies

PDP Crisis: I never apologized nor bowed to Sheriff – Markarfi 

CBN to announce new FX policy tomorrow

CBN to announce new currency policy tomorrow

Reps task INEC on release of Voters’ cards

Reps to probe hike in fertiliser price

Reps call for revert to 10 year renewal of Nigerian passport

FG signs MoU with Tuns Farms to facilitate 50 million daily egg production 

Imo State pensioners lament unpaid pension

Funding, location of headquarters stall passage of North East Development Commission bill

America’s Pecora Capital to raise $2 billion for Nigerian infrastructure

PA to CCT Chair confirms, Umar met severally with ex Customs DCG

Reps approve October as new take-off date for FCT Inland Revenue Board

Dariye backtracks over N1.2bn fraud

Kachikwu disagrees with Amaechi over Maritime University

Blatter reveals frozen balls ruse at European club draws

Intel to spend $4 million on e-teaching, learning in Nigeria

Sub-Saharan African universities brainstorm on creating skilled workforce for the region 

FG inaugurates sector skill council to improve competencies in auto policy 

PDP crisis: Youth group threatens to take over party in 7-days

Senator raises alarm over omission of Bayelsa in ambassadorial nominees

Court warns FG over delay in 3 year old suit

El-Zakzaky being held at his own will, says DSS

Nigeria’s Inflation in 6-year high of 15.6% on high energy costs, FX constraints

‘We’ll leverage on our competitive advantage to move Abia forward’

Nigeria may bring in dual currency system

Why Microsoft, with $100 billion, wants a loan for LinkedIn

Udom wants amnesty programme revisited

NCGA proposes special agency to drive cassava programme 

Boko Haram victims bounce back with businesses in camps

Nigeria on verge of national blackout, as militants destroy 23 gas pipelines

The Three Changes Nigeria Needs

OPEC forecasts oil market rebalances in 2016, helped by Nigeria, others

FG signs agreement to reposition river basin development authorities

Now good time for first homebuyers in Nigeria, UK as economy slows

Nigeria must ‘radically’ boost exports, President Buhari Says

Lufthansa monitors Nigeria as country owes $600 million in fares

Senate pledges support for EFCC

House gives Oshiomhole nod to access N366.4m bailout fund for Egor LGC

Sheriff storms PDP Secretariat, insists ‘I remain chairman till 2018’

Grant Thornton advocates for asset tracking technologies in anti-corruption fight

Finance minister abhors Nigerians’ high illiteracy level of Capital Market

NNPC projects to add 2000mw to national grid in 2017 

Inflation rises to above six-year high of 15.6% in May

70% of NNPC gas production to be dedicated to power plants to boost power generation

Oil price down amid global sell off

Monday, June 13, 2016

Consumers cut back on spending as worsening economic condition bites on savings

Threat to revoke bank licences: A grave signal 

Smuggling Sharia into the constitution is divisive

Is there a Ramadan effect in Nigerian markets?

China pushes Nigeria’s broadband revolution as 4.5G, 5G technology beckons

Towards a more secured Nigeria

Kunle Elebute named CEO of KPMG Nigeria

The separate kitchen vs the open kitchen

Shell contributes $1.1bn to FG in 2015

Blood donation shortfalls increase risk of preventable deaths in Nigeria

Buhari condemns Orlando attack, says its criminal and cowardly

FG’s social investment jobs portal hits 400,000 registrations in 36 hours 

Army Chief seeks ICT Ministry’s support on advancing security

Army Chief seeks ICT Ministry’s support on on advancing security

N1.04trn MTN fine: FG confirms approval of N330bn as final settlement

Deposit banks move to limit over-the-counter withdrawals to N10, 000

Nigerian online gambling is taking off rapidly

CBN said to be weighing dual exchange-rate system

OPEC says oil markets will rebalance in second half 2016

Council reiterates shift to non-oil exports

Microsoft to buy LinkedIn in deal valued at $26.2bn

EFCC offers reason for freezing bank accounts of alleged corrupt persons

Police bars Sheriff from entering PDP Secretariat 

CBN close to announcing new naira policy

Ekwueme, Gana, others advocate true federalism, power devolution

Russia to support Nigeria in resuscitating Ajaokuta steel mill

$56m Chinese investment coming to Kwara – Gov. Ahmed

Nigeria signs pact with Cameroon to repatriate 80,000 refugees

Child labour: NGO tasks governments on child education

Non-payment of salaries: Kwara speaker donates 100 bags of rice to teachers, LG workers

Reps committee wants MDAs to tackle effects of climate change

Promote Rivers as Nigeria’s investors’ destination – Wike tells moviemakers

Enugu Disco deploys 200,000 smart meters to end estimated billing

Tomato paste importers pledge support for probe of substandard edible products

Sunday, June 12, 2016

APC will pay for Buhari’s antipathy to political reform

Time to close the deal on EPA

Nigeria’s 2016 budget squeezed as revenues plunge in Q1

MTN listing adds third major sector after Banks, Dangote

Microsoft leads in annual global B2B ranking

Fresh opportunity for the Ogoni people  

Economic downturn sees Konga, Jumia, Yudala lose site traffic

Buhari, apologies and his identical twin brother (2)

Scarcity of quality feeds may widen Nigeria’s N125bn fish import bill

Egina, others approach final construction phases

Amodu’s life dedicated to grooming talents for excellence – Osinbajo

Family demands entitlements meant for president, 23 years after Abiola’s death

$56m textile investment coming to Kwara – Governor

NSCDC arrests Boko Haram kingpin in Borno

NASS: Huge allowances, few passed bills

Get well soon Mr. President, there’s more work to be done here

June 12: 23 years after

Nigerian economy still down weeks after passage of N6.06trn budget

SHARIA: Christians kick, want law out of constitution

Nigeria’s electricity crisis: Is FG overwhelmed?

Saturday, June 11, 2016

‘Only true federalism can put an end to militancy in Niger Delta’

Reservations trail post UTME cancelation, 180 cut-off mark

Politicians, sports personalities pay tribute to Nigerian icon, Keshi

Lagos government backs group on competition law

How MADE/ BoA partnership is aiding Aba finished leather industry

Cross River Assembly rejects proposed grazing law

Herdsmen attacks: FG urged to seek permanent solution

The Money Man: With $88m in earnings, Ronaldo tops world’s highest paid athletes

FG to decongest Abuja Airport, improve aviation security

Building stronger France-Nigeria economic ties: An Africapitalist approach

Shake off these chains!

Lagos and the prospect of 4th Mainland Bridge

Ex-Super Eagles coach Shuaibu Amodu, dies at 58

Friday, June 10, 2016

2 Chinese nationals arrested at Lagos Airport over attempt to smuggle out elephant tusks, Pangolin

N1.2bn ecological fund : Dariye seeks No-Case Submission

FG dissolves Management of Niger Delta Holding Company 

Niger Delta Avengers again blow up Agip facility

Tambuwal applauds Ikpeazu’s developmental efforts in Abia

$5.2bn World’s biscuit and confectionery brands enter Nigerian market

Military sweep in Niger Delta risks fuelling more dissent

Nigeria agrees N300bn fine with MTN

Mobile internet usage in first quarter of 2016

Amnesty accuses Nigerian army of killing at least 17 unarmed Biafran separatists

Nigeria kicks off non-deal investor road show

Judge presiding over Saraki’s case is dead

Minister blames Nigeria’s poor state of IT on fraudulent practices

2016 budget: FCTA proposes N149.056bn for capital projects

Working with Dangote is a privilege – Afreximbank

EU extends ban on beans from Nigeria by 3yrs

Call for Decree 2 was made out of joke – CCT boss

1 child dies every minute in Nigeria – UNICEF

Appeal Court annuls 7-year death sentence

Buhari appoints new DG for Budget Office

AfDB approves $150m line of credit for UBA

Federal allocation may come to zero soon, KWIRS warns states, LGs

Angola seeks to cut cost per barrel to $8-10

Thursday, June 09, 2016

N15bn investments signal rebound of Cinemas in Nigeria

STEVE BABAEKO, Efficiently meeting needs of rising advertising demands

Why should a porter’s birthday concern me?

CBN to mop banks’ liquidity before unveiling FX policy

Nigerian economy drops further into freefall

Ngige and threat of licenses withdrawal

EURO 2016: 24 teams jostle for €301m prize money

Shell to invest $25-$30bn in five years

Inflation forecast at 14.7% may throw investors returns into negative territory

Nigerian Breweries to source 99 percent raw materials locally by 2020

Obama endorses Clinton for president

Reps pass 95 bills in one year

Bill Gates to donate chickens to Africa’s poor

Oil market getting used to looking up, not down

FG harps on cultivation of high yielding pastures 

91.1% tomato pastes in Nigerian market are fake, substandard NAFDAC report

2016 budget: FCT gets N209bn highest capital allocation 

Akabueze takes over as DG, Budget Office

Updated: Buhari sends list of 47 ambassadorial nominees to Senate

All set for GTBank –Lagos State Principals Cup (Season 7) on Friday

Nigeria’s NCTL pipeline carrying Bonny crude reopened

Ecowas Court fines FG $3.3m for Apo killings

TNP pipeline carrying Bonny Light crude shut down

Economic downturn hits Nigeria’s E-commerce

Call for Decree Number 2 was made out of joke – CCT Boss

Buhari sends names of 47 ambassadorial nominees to Senate

Federal High Court Abuja, “rises” for Justice Chukwu

FG launches national home grown school feeding programme

Africa’s Big Tomato Pickle: Miner grubs are wiping them out

Airlines exit Nigeria on slow economy hit by Dollar shortage

Telecom sector contributes N1.41bn to GDP in 1st quarter of 2016– NBS

U.S. sees no major Islamic State links to Boko Haram, despite claims

Nigeria FX confusion persists, damaging investor, business sentiment

FG will immortalize Keshi – Dalung

Football Supporters Club wants stadium named after Keshi

Past leaders foresaw crisis in Lake Chad region, says Osinbajo

FEC directs MDAs to fast-track release of capital budgets

AfDB approves $150million line of credit to UBA

FMDQ, NMRC move to bridge Nigeria’s N56trn housing finance gap

Reps endorse 30 years for Presidential, Governorship, National Assembly candidates

Wednesday, June 08, 2016

Buhari endorses CBN’s flexible FX market bid

The Niger Delta insurgency and the limit of force

Shell chief executive foresees brighter future despite current challenges

Global refiners shun Nigeria’s crude on brazen Avengers attacks

2016 budget suffers setback on lack of MDAs’ capacity

Cadbury: Cost cutting success enhances Q1’16 results

Army and approach to quelling protests

Spontaneous deregulation tests regulatory gaps in the digital economy

With price of cooking gas rising how should you respond?

Mall developers slow investments on retail woes

FG takes off social investment scheme with initial N115bn for 500,000 graduate teachers

Reps step down report on termination of TCN contract with Manitoba

Ronaldo tops Mayweather to become highest earning sportsman

Crude oil pushes above $52 a barrel

Nigeria to build satellite by 2018

Power generation as a business opportunity: African CEOs weigh in

South African economy contracts, on track for recession

INEC receives 32 fresh applications for registration as political parties

PIB suffers another setback in Senate

Abia, BOI sign MoU on matching fund for MSMEs

Senate summons Ngige, Emefiele, others over banks retrenchments

Sao Tome and Principe becomes Afreximbank’s 41st member

Tribunal dismisses LP’s petition against Governor Bello

FAO, ILO working to stamp out child labour in agriculture

Animal Care gives back to Ogere community

FEC prays as Buhari, three other cabinet members take ill

IEA forecast global gas demand decline despite lower gas prices

Google overtakes Apple in top 100 most valuable global brand

Nigerian chaos leaves refiners cold and oil unsold amid outages

Clinton frames her historic win as a victory for women’s rights

$40million fraud: Court slams N1bn bail bond on the Azibaolas

Our space program is not an ‘ego trip’

NFF mourns Nigeria legend, Stephen Keshi

ND Avengers not in talks with FG, blows up another pipeline

Oil price inches higher on tight supply

Spreading Violence in Nigeria haunts the people as Economy Weakens

Senate Probes Chevron’s $10 Billion Gas Project

World Bank slashes Nigeria growth forecast to 0.8%

Lalong reiterates government’s commitment to diversify economy

Army reads riot act as cultists kill over 30 in Rivers, says control of oil theft fuels cult wars

Farms deserted in Rivers as cultists turn farms to killing fields

OAU appoints Salami, great Ife alumnus as new Vice Chancellor

12m motorists in Nigeria use fake insurance certificates, Senate says

Mimiko condemns planned ‘privatisation’ of public schools in Oyo

Winners emerge in UBA-sponsored schools performing arts competition in Abuja

Kenya-based agro-foundation boosts agribusiness in Kwara, empowers 100 farmers

Invest more in researches to solve Nigerian problems, Amosun advises universities

Tribunal upholds Yahaya Bello’s election

Extreme weather events, threat to food security – NiMet

EU to spend 8bn euro to solve refugee problem

Medical vacation: Buhari writes Senate       

Nigeria fails to leverage multibillion AGOA opportunities

World Bank slashes Nigeria growth forecast on lower oil prices

Ex-Super Eagles coach Stephen Keshi dies at 54

Tuesday, June 07, 2016

Economy slump to continue as Shell suspends Forcados repairs

Muhammed Ali-The greatest!

Non-implementable budgets in the states and the fears of a nation

Adeosun tells investors GDP will recover in 2017, dollar funds cheaper

An eye market risk in microfinance

How growth in mobile subscriber base is a plus to you

Stemming the ghost worker syndrome

Consumer goods firms face new headwind as sugar price surges

Unity Bank enters agreement with investment firm to strengthen capital

Banks disengagement of workers: A reflection of economic crisis

What Ogoni cleanup is all about

The renewable energy innovations: Key to ending fossil fuel and mitigating climate change

Businesses stressed as oil crash festers aggressive tax chase

Power sector reforms and tariff controversy

Nigeria’s agric export increases 44% in Q1 2016 despite ban

Achieving a sustainable power pool for West Africa

Achieving effective gas-to-power aspirations hinge on tackling Transmission hiccups

Saham moves to consolidate investment in Nigerian insurance business

‘Nigeria needs residue monitoring plan in order to export honey’

‘Consumer quality and value proposition would benefit Nigeria’s economy’

FG sets up national task force on production of rice, wheat 

Niger vows to avenge deadly raid by Boko Haram

CCT chair advocates return of Decree Number 2

Military to remain on Niger Delta waterways – FG

Reps probe post privatisation investment, accrued revenue in power sector

FG gets over 6000 EoI on establishment of ranches

Osinbajo to act in my capacity, Buhari writes Senate   

Reps shelve agitation for Gov Bello’s impeachment process

$40m Scam: Court remands Azibaola in Prison

Global trade slows on high tariffs, lack of policy coordination – WTO

Reservations trail adoption of 180 cut-off mark

Shell wont attempt to fix bombed pipeline

SuperSport’s spectacular Euro 2016 coverage: All 51 matches live!

MultiChoice honors Boxing legend, Muhammad Ali with special channel on DStv, GOtv

Senate to expedite action on poverty eradication bill

Saraki borrowed over N2.5bn to procure properties, witness insists 

what the conflict in the Niger Delta about

A third of Nigerians drink ‘pure water’ as world celebrates environment day

FG to talk with Niger Delta Avengers – Kachikwu

Reversing power shortages in sub-Saharan Africa through renewable energy investment

PDP BoT hands over to Makarfi, as party prays for Buhari

FG reassures ILC on resolve to tackle unemployment, security

Hillary Clinton crosses tape for Democratic nomination

Oil hits 2016 high on ebbing supply, softer dollar

FG to raise N105bn  in local currency bonds

Proper use of social media important for organizational growth-new media conference 2016

Kano tomato farmers put lose to outbreak of ‘Tuta Absoluta’ disease at several billions of Naira   

Nigeria to start dialogue with Niger Delta militants – Kachikwu

Faleke vows to appeal tribunal’s judgment

Governors’ excessive powers inimical to democracy – former lawmaker

Dualisation: Ogoni smiles again as major road gets attention

Groups say five oil states’ budgets are secret documents

NLC renews call for special court to try corruption cases

Judge hands off Ex-Gov Suswan’s trial

Naira closes stable as FX dealers await policy framework

Audit to ascertain Nigeria’s maritime begins

Nigeria’s capital market to reinvent self through new invigorating legislations

Stakeholders fault N1trn projected infrastructural investment

Nigeria to earn $1bn from fertilizer net exports

National Assembly to enact new Electoral Act this year

FG attracts N19.8bn grant to raise girl-child education in North West

KWSG tasks citizens on tax payment to enhance financial base

Kogi guber polls: Tribunal dismisses petition, Wada knows fate today

Airline operators target 14% contribution to GDP

Monday, June 06, 2016

FG’s N293bn allocation fails to damp Nigeria water crises

The renewed Niger Delta crisis, the Ogoni cleanup and my worries

Et tu, avengers?

NBC begins re-streaming exercise  

Regional agitations, regionalism and development commissions (Ramadan Kareem)

Investors reduce equities wager as uncertainty over FX policy weighs

Consortium of banks restructures Oando’s N94bn credit line to support growth plan

Jonathan defends economic record as Nigeria nears recession

The war on corruption: One year after

Nigeria’s telecom industry under review a year into Buhari’s administration

ARCO canvasses refocusing economy through petrochemical industries

Buhari’s medical trip points to precarious health infrastructure

Infrastructure acceleration in Africa – How to un-bottle the bottle-necks

Sovereign Trust  pays N386m claims QI

Allianze report shows G20 nations fall short of investment in renewable energy

Are fees killing your budget?

Spurring private investment for development

Skirting the Niger Delta quagmire

Taxation and Governance – Part 1 (political leadership)

FG engaging Niger Delta leaders to find solution to incessant attacks – Osinbajo

Brent on track for highest settle since October

FG struggles to recover looted billions

Edo 2016 : Ex-minister accuses Obaseki of using state resources to fund campaigns

Fifth Chukker/Access Bank win 2016 Access Bank UNICEF Charity Shield championship

Chinese firm Suning Commerce completes Inter Milan takeover

Reps seek reversal of N1.5trn yearly capital flight on overseas education 

‘Everyone falls sick’- Buhari

Jonathan says talks can halt militant attacks

Presidency insists Buhari is not sick

Stumbling dollar, Nigeria sabotage push up oil prices

Nigeria’s Capital Market looks to invigorating legislation to reinvent self

Travelstart appoints Philip Akesson as Country Manager for Nigeria

$2.1bn Arms Deal: Dasuki wants charges consolidated

Oyo State NLC demands release of its leaders

Jonathan defends his record on curbing corruption

Kogi guber polls: Tribunal dismisses Faleke’s petition

Deforestation: Kaduna to plant 1.5 million trees

Looted Funds: FG chose to err on the side of caution -Adesina

BIFM-BusinessDay Facilities Management survey gains traction

Airline operators ask government to balance FX availability for domestic airline

Sirika unfolds plans for Nigerian aviation

Buhari takes 10days sick leave, heads to London

Buhari urges Muslims to avoid exploitation of others, says govt working to ameliorate suffering of Nigerians

Pay electricity bills, Ondo CP tells police barracks

Bank shareholders on thin rope, as Labour minister issues ‘no retrenchment directive’

NECA flays labour minister over retrenchment in banking sector

CBN refunds N26.998bn charges to bank customers

Naira pressure to persist as clarity on new FX policy lingers

Osinbajo says FG consulting on ECOWAS-EU free trade deal

President Buhari proceeds on 10-day vacation to London

Sunday, June 05, 2016

FX reserves below 6 months import cover, put CBN’s naira defense at risk

Cry, the beloved country

The paradox of Jonathan’s post-defeat canonisation

Seplat better prepared to withstand production interruption

As you prepare for ‘Fathers Day’ this month..,

Job losses spark rise in Pension Funds redemption requests

Scarcity, price hike slow Nigeria’s 300,000 MT LPG market

Nigerian middle-class squeezed as used car prices rise 51%

Buhari, apologies and his identical twin brother (1)

FCMB targets over 600,000 customers as it expands branch network

EU may extend ban on Nigeria’s agro-commodity exports

BAT seeks enforcement of Tobacco Control Act to reduce smuggling

Building financial emergency kit for your family

This time is your opportunity

Between Greece and Nigeria

Aruna happy to help club win Portugal League Cup

Anambra FA crisis: Ikpeazu threatens to seek court injuction

Group advises Nigerians to patronise locally made goods

Eni stops 65,000 barrels per day crude production after pipeline attack in Bayelsa

51% of senators are bench warmers

Nigerians in cautious optimism mode….as Buhari administration enters 2nd year

Uproar continues over Reps’ plan to give Sharia Court more powers

One year after, economy yet to feel positive impact of Buhari’s globetrotting

Oando advocates for LPG adoption as World Environment Day is observed globally

Niger Delta Avengers: A recurring decimal?

The herdsmen conundrum: ‘FG’s silence murderous, may throw nation into conflagration’

Security: DHQ warms against intending attack by terrorists

NDLEA nabs South African chef for smuggling cocaine at Lagos Airport

Saturday, June 04, 2016

Ogoni clean-up will kick-start sanitisation of Nigeria – Environment minister

One year after, It’s time to move on to other issues

Imo was at the mercy of empowered miscreants when Okorocha came on board – Deputy Governor

Premier League revenues to hit jackpot, says Deloitte

‘Lack of stakeholders’ commitment to education is killing the sector’

2016 Access Bank-UNICEF Charity Shield Polo: Access Bank-Fifth Chukker battle MRS in final

Africa and the threat of poverty

French Open: Djokovic move closer to career milestones

The alluring architecture of world’s exclusive address

‘My plan is to rebrand and reposition Computer Village’

Communication Tax Bill: Not in subscribers’ interest

Bolt to lose 2008 Beijing Olympics gold medal

GLO reshaping Nigeria’s data market with aggressive pricing

Shale oil producers restart rigs as market improves

Looting: FG Releases Interim Report on Financial Assets Recorveries

We won’t fall for antics of fraudsters on release of Chibok girls – Buhari

Over 200 ‘experts’ chase environment minister for $1bn Ogoni contracts with remediation high-tech

FG must stop fixing price of fuel, if it wants stability – former NACCIMA president    

Ganduje explains why he sacked officials

Infrastructure, agric, job creation, priority in my second year – Ikpeazu

Ikpeazu expresses worry over Nigerians preference for foreign goods

Nigerian ports uncompetitive as delay in clearance processes persists

Assessing Ikpeazu’s one year in office

Fraudsters asked government for money to negotiate Chibok girls release – Buhari

Oil slides on U.S. rig count rise, economy concerns

NDLEA uncovers  cannabis warehouse in Lagos

Depletion of forest resources worries minister

Nigerian interbank rate eases on ample liquidity

AIB issues interim statement on 2012 Dana crash

Union Bank paid N46.28m fines for contraventions in 2015 – report

Muhammad Ali, ‘The Greatest of All Time’, Dies at 74

Friday, June 03, 2016

Ekundayo out of title fight

FG directs banks to suspend retrenchment, conveys reconciliatory stakeholders meeting in July

Buhari, Jonathan meets over renewed agitation in Niger Delta

S & P retains S. Africa’s credit rating

Angola names president’s daughter oil boss

Niger Delta Avengers claim responsibility for two fresh attacks

JAAC augments Kwara ‎LGs’ federal allocations with N200m

Naira to trade within range as CBN’s framework for flexible FX delays

FG begins deliberation on minimum wage, hike in price of PMS

OPEC fails to agree on output policy as Niger Delta boils

NNPC, private jetty operator connive to trigger LPG price instability  – NALPGAM

Social Impact Deposit to drive LAPO’s N134bn target loan disbursement

IATA urges governments to tackle airlines’ blocked funds

Buhari approves take-off of $1bn Ogoni Restoration Fund

Auchi Poly shut indefinitely over students protest

JAIZ Bank declares N794m profit for FY 2015, as Usman becomes new CEO

Ajibola sworn in as 19th president of CIBN

Asset declaration: Again, Saraki’s appeal gets an adjournment

S/African, Chinese investors mull auto parts plants in Nigeria

Thursday, June 02, 2016

AKINFELA AKONI…the seasoned legal professional with consummate multi-national experience

CBN fine-tuning new FX rules on foreseen arbitrage concerns

Disturbing news

One small step to mobile ROI

Standing Before History 

How early should you start saving for your child’s education?

NEXIM Bank pledges to support financing non-oil sector

Time management is essential

Nigeria’s $7.2bn film industry gains traction in Europe

King of Europe: Real Madrid pocket €94 for winning 11th UCL trophy

Online security constraints stunt Nigeria’s e-commerce potential

’Renewable energy produces 23.7% of global electricity production’

Home ownership still eludes low-income earners at proposed minimum wage

Zidane joins debut season UCL coach winners

Running from reason

PFAs can play vital role in deepening capital market – SEC

The PDP and the North

Power issues and the PHCN labour union

Intel plans to close gender gap in technology through CSR

Fashola denies saying power assets were illegally sold

2016 Access Bank-UNICEF Charity Shield Polo: MRS edge Keffi Ponys in Charity Cup opener

FG to add value to livestock farming

27 communities demand clean up as FG launches Ogoni clean up

Oshiomhole’s govt is taxing rent, not wealth-APC guber aspirant

FG quashes post UTME, nails cut-off at 180

Messi pleads not guilty to tax fraud

PENCOM boss tasks pension fund operators on product diversification

CIIN holds 2016 fitness walk/road in Lagos

Air Vice Marshall Olutayo Oguntoyinbo docked for N166m bribe

Senate invites NEITI Executive Secretary over N1.8trn fraud report

I regret serving Nigeria- Orubebe

JAMB adopts 180 cut off mark for varsities, Polys, CoEs

As Nigeria dithers on Naira, foreign companies see funds trapped

Telecommunications industry grows despite economic woes

Fashola, NERC to appear before Reps over epileptic power 

Mohammed Barkindo emerges OPEC Secretary General

‘No part of Nigeria can be better without the other’- Oshiomohle

Lenders eye better process automation to slash costs, boost productivity

Proposed Nigerian Education Bank, interest-free student loans to improve access

Again, Saraki’s appeal gets an adjournment

President Buhari cancels Ogoni trip

As Buhari flags off Ogoni clean up: Unresolved issues that may play up

We must grow SMEs to strengthen Nigeria’s democracy – Dogara

AfDB targets Green Climate fund to assist Niger Basin nations

Australian NGO trains Abia primary school teachers

Kano launch new development plan

Minister asks embassies to assist IDPs     

Nigeria needs 1m houses yearly to reduce 17m deficits – Buhari

Reps tackle DPR over $566m outstanding signature bonus since 2005

Abuja Chamber decries Nigeria’s harsh economic outlook

12,000mw: Focus on diversifying power generation mix, analysts urge government

Wednesday, June 01, 2016

SEC, Pencom want more of N5.4trn pension fund in capital market

Governing in peotry: The limits of propaganda

Foods, beverages sector output to drop as pest ravages maize crops

Banks’ NPLs spike shows limit of monetary policy measures

Pipeline vandalism sound death tolls for the environment

Change tempered by pessimism, anchored by hope

Spending without emotions

From Niger Delta, with rage

Real Estate as a catalyst to economic growth in a period of recession

Manufacturing PMIs takes slower decline to 45.8 points

Lakaji plans distribution hub for fresh foods, vegetables

Nigeria drops two places, ranks 16th most vulnerable to mobile malware in Q1

Downturn forces retail investors to cut back projects size  

Stakeholders worry over tomato scarcity

Buharinomics and the stock market: Now the storm is over

Training beyond the perks

Families of Dana Air crash victims demand immediate release of report

PDP BoT takes over national secretariat

FG targets 30 percent ICT contribution to GDP

Reps tackle DPR over $566m outstanding signature bonus

2016 Access Bank-UNICEF Charity Polo: Badamasi inspires Rubicon win over Kashton

Opec’s ‘fragile five’ find life unbearable at $50 oil

Nigerian bank stocks tumble as investors await clarity on Naira

PDP caucus vows to unseat Nwoye, Udende from House of Representatives

AfDB targets Green Climate fund to assist Niger Basin countries

Nigeria urges ACP group of states to focus on technology, trade and dev cooperation

‘Niger State debt profile may reach N10 billion by December’

National Assembly recommends N5bn to rejuvenate capital market

Kano to finance recurrent expenditure with IGR

Absence of witness stalls Saraki’s trial

Kano inaugurates 5-man investment promotion agency

Kano launches new development plan

5,500 persons benefits from Ganduje Foundation eye treatment scheme

No cause for panic on maize pest

Nigeria, South Africa trade volume hits N1.3 trillion

Navy quizzes suspects over NNPC pipelines attack in Delta

MainOne, Radware partner on managed security services

Reps strip President powers to appoint CCB staff

Unexploited telecoms markets

Wike kicks off second year with projects inspection

Deloitte appoints Fatai Folarin as Deloitte West Africa regional leader, CEO

SMEs position for growth as Sterling Bank, LEAP Africa support

Analysts predict stormy days ahead of OPEC June 2 meeting

JAIZ Bank appoints new CEO, declares N794m profit for FY 2015

Reps support legislation on interest-free loan for Nigerian students

Address water shortage, Lagos Assembly urges Ambode, corporation

Despite electricity tariff hike, service hasn’t improved, FG admits

Businesses shut in Ota/Agbara as Olota passage rites begin

Lagos to sign safeguard, child protection policy into law

Nigeria leads pack as investor interest in African start-ups peaks         

Nigeria has largest number of enslaved people in SSA

PenCom gives clue on accessing pension funds for infrastructure

House of Reps moves to plug leakages in maritime sector

Nigeria’s Mohammed Barkindo emerges frontrunner for OPEC boss

Bill to improve availability of potable water gets legislative support

Rising agitations: We have leadership that is not prepared to lead- Atiku 

A decentralised export basket, path to Nigeria’s economic transformation – experts