Businessday Nigeria Archive

Monday, July 22, 2019

Civil servants or evil servants: Myth versus reality

Nigeria seeks to double power output on Siemens’ deal

The foundation of sea power (1)

Availability of data, product alternatives are making consumer more relevant today – says Kantar director

Mobile phones, internet and jobs in Africa (1)

SAS announces $1 billion investment in Artificial Intelligence

Lessons for Nigeria from Gambia on ways to build cheaply, profitably

Nigeria’s transportation sector: As good as the competence of its human resources

Fintech players discuss need to focus on financial health

Rights and protection of Nigerian consumers: who takes responsibilities?

Opportunity opens for home buyers to own luxury apartments, experience waterfront living

Ikpoki, Thorpe, Olubodun task experiential marketers to engage CEOs, SMEs

The rise and rise of the creative sector

Why non-implementation of holistic education policy stifles sector growth

Town planners seek collaboration with science & tech, urban devt ministries

Developer explains why construction cost, selling price of properties differ by over 35%

Huge business spin-off expected as Coscharis, Renault partnership re-awakens auto assembly industry

A peep into living conditions in low-income, over-crowded suburbs

Slum2School Africa, Anthony Joshua partner to tackle out-of-school children challenge

Channels TV Confirms reporter killed in Shiites-Police Class in Abuja Monday

Zamfara: PDP Govs Forum applauds Supreme Court rejection to review judgement

How we spent $1bn Excess Crude Account Fund -Presidency

Resident doctors suspend impending strike as Gbajabiamila intervenes

Iwobi shifts focus to Arsenal after AFCON, denies exit reports from North London

Bility to file case against CAF at Court of Arbitration for Sport

I will make Local Governments autonomous under my administration -Ihedioha

Alleged N7.6bn fraud: Ex-Abia Gov, Kalu opens defence

Lagos taps from diaspora Nigerians to further grow economy

Updated: Shiite protest: Police decry death of DCP, warn that ‘enough is enough’

Breaking: Shiites kill Deputy Commissioner of Police, injure 3 other officers

Africa Prudential’s mid-year profit hits N1bn mark, sees turnaround in digital technology unit

Military releases 151 ex-Boko Haram combatants to Borno govt

I wouldn’t need APC chairmen’s intervention to resolve conflicts- Lawan

El – Zakzaky: Buhari Orders IGP to secure Abuja

PepsiCo eyes African growth with $1.7bn offer to acquire Pioneer Foods

NAMB President says MFB company keen on attracting wholesale funds to drive SMEs ‎growth

Onitsha Main market, others safe for business in Anambra – vigilante group

School principal advocates sponsorship for less privileged children

Poor H1 scorecards fail to spur investors interest in stocks

Real Madrid offer €90m plus Gareth Bale to sign Neymar from PSG

Umuada Igbo at home, Diaspora hail Obiano’s agric projects

Tension in Onitsha as police seal Modebe Plaza, sack 70,000 traders

OutsideInHR partners Israeli edutech firm on gamification certifications for professionals, entrepreneurs across Nigeria

United Capital half-year profit pares despite second quarter pick up

Cars45 enhances access to vehicle ownership, rolls out 2 more franchise lots in Lagos

Nasarawa Govt partners CBN, to implement Agricultural value chain programmes

Police and Shi’ite group clash in Abuja, one dead says Reuters

Kenyan finance minister arrested on graft charges

FMDQ derivative markets to improve capital market efficiency

Oil firms now expected to underperform year on year on lower oil prices in 2019

Buharinomics hurts NSE 30 profit

What to expect as Fidson signs partnership with Japanese pharmaceutical company

Nigeria’s debt portfolio below threshold, but concerns on repayment threatens

UPDATE 1:  Sporadic shootings rock Abuja as Shiites, security clash again

Consolidate SystemSpecs’ TSA gains to avoid economic disaster – NEAF

UPDATED: Buhari targets 25,000 megawatts power generation, signs roadmap with Siemens

NNPC IJV not a holistic solution to oil sector challenges, experts say

Sluggish start of 9th Senate threatens economic revamp – Analysts

CBN goes harder on banks, exempt lenders from participating in OMO bill

Gunmen abduct four Turkish expatriates in Kwara

Five Nigerian startups emerge at Immersion Lagos programme

Haven homes earned the trust

Transcorp’s H1 profit dampens on steep decline in two revenue pillars

First Bank of A commitment to social impact

Cadbury returns to profitability with best half-year performance in 5 years

AfCFTA: Nigeria will be big loser without productive and trade capacities

‘Power for all’ urges FG to adopt Tanzanian, Kenyan model to drive renewable energy growth

Reminiscences from Dick Kramer’s “factory of professionals”

Opportunities you can leverage to achieve financial independence post-retirement

How investors can take position as Debt Office releases Q3 Bond issuance calendar

Focus shifts to pricing as Interswitch hires advisers for Lagos, London IPO

CEOs whose banks deliver most return on investors’ funds

Supreme Court refuses APC’s application to review decision on Zamfara

FG, Siemens to sign electricity deal today

Renewable energy firm Virtus closes N446m loan facility to electrify markets

Nigeria’s growth imperative

Examining the five-year agenda of the CBN

How do Financial Bubbles Typically Start?

The Nigerian code of corporate governance on board appointments

Nigerian Power Sector – Opportunities And Threats

Interswitch to hire JPMorgan for 2019 IPO

Sunday, July 21, 2019

Flour Mills cuts borrowing costs to 3-year low as positives lurk amid industry-wide troubles

Banks’ claim on states’ bonds rises 267% to N68.22bn in Q1

Exceptional business leaders set to shine at BusinessDay’s NBL Awards

Weak economy slows uptake of micro pension

Analysts see CBN holding key rate as MPC meets today

Why improved manufacturing PMI signposts gradual economic recovery

Recapitalisation for insurance companies at this time will backfire on the long-run – Chilekezi

Coscharis expands vehicle assembly operations amid economic woes

FAE eyes larger market share with premium envelopes

SEEDi urges FG to create MSMEs development plan

Inside Evarest Nnaji’s entrepreneurship world

Insurers’ returns dip on rising replacement cost

Constituency project tracking not to witch-hunt – ICPC boss

$1b Excess Crude Fund: We have spent $880m to procure arms – Presidency

Edo Assembly crisis: APC asks Obaseki to obey Reps resolution

Four Turkish nationals kidnapped in Kwara State

PDP raises alarm over whereabouts of $1bn ECA withdrawal 

ICPC to crack down on VCs over fake NYSC mobilization

Nigeria’s medical device market booms to reach $184.4m by 2022

Critics of open governance can’t distract me -Makinde

Oyegun slams Oshiomhole over fuelling Edo APC crisis

Four Turks kidnapped in Nigeria, police launch rescue operation

SEC warns capital market operators against unethical practices

Alleged rape: Police confirm inviting Bisola and Timi Dakolo

NAMA splits Lagos airspace to reduce congestion, ensure efficiency

Fiddling while Nigeria burns

The return of MMM: All that glitters not gold

Wole Soyinka: Celebrating African literary at 85

Saturday, July 20, 2019

Real Madrid, Barcelona, Atletico shoot LaLiga’s transfer spending to record $1.2bn

‘Lagos housing deficit stems from poor city planning’

‘Buhari’s achievements have changed the impression of rest of the world about Nigeria’

Electoral officers testify, insist guber elections held in Rivers

Financial inclusion: First Bank on the right path

Harnessing Nigeria’s marine biodiversity and NIMASA’s commitment

In whatever you are doing, be yourself, be unique and be real – Kenny Blaq

Cadbury posts 11% growth in revenue on higher domestic sales

Worrying ignorance of hepatitis symptoms in Nigeria

Insecurity: Nigerian economy in doldrums as OBJ exposes descent into anarchy

My dream is to remove Ajegunle youths from the street – House of Reps member

Mortgage market and the growth challenge

Got Acne (Pimples)? Tips, tricks for achieving clear skin naturally

Deplorable PH International Airport road beckons on Wike as FG looks away

HiFL 2019: 16 teams qualify for knock out stage

Students urged to choose the path to real success, shun vices

ExxonMobil, new initiative and community relations in Akwa Ibom

Lagos, the rains, the roads and the people

Xirea Apparels set to launch ultramodern garment manufacturing facility

Apapa gridlock as a metaphor

Movie Review- Mad About You

Lawyer’s book offers exciting vision for happy marriage

‘How the church should respond to Boko-Haram, Ruga and Insecurity in Nigeria’

FirstBank Partners Eventful To Support SMES In The Fashion Industry

United Capital sees prospects as PAT declines to N1.7bn

Insecurity: Osinbajo embarks on nationwide consultation

Airport incursion: FAAN identifies intruder, takes responsibility for breach

School principal advocates sponsorship for less-privileged children

NITDA bars financial auditors from data auditing services

Nigerian varsity don denies sack in Ghana

FG, ILO urge more commitment to labour policies in ECOWAS region

Oil jumps as armed Iranian guards seize two oil vessels

A new era dawns for Nigeria’s banks and this is why

Friday, July 19, 2019

Updated: Algeria beat Senegal to win second AFCON in  29 years

Algeria are Champions of AFCON 2019

Atiku, PDP close case at tribunal after calling 62 witnesses

Nigerian varsity don laments his ordeal in Ghana

Nigeria’s securities dealers caution investors as stocks loss N300bn in one week

Security breach at MMIA: FAAN suspends AVSEC personnel

Iranian Revolutionary Guard seizes British oil tanker in the Gulf

Women In Business: Adesua Dozie and Bekeme Masade-Olowola

Ajimobi borrowed N90b, not N150b in 8 years — Ex-Gov Ajimobi Aides

Let court decide El- Zakzaky’s fate- Presidency

Luno set to add Bitcoin Cash on wallet

Honeywell profits bolstered by strength in aerospace division

Insecurity: Buhari meets Chief of Defence Staff, CNS separately

Insecurity: Ooni meets Osinbajo, declines comments

US stocks wobble on mixed earnings news

Kano’s new Economic City set for commission in December

Netflix stumbles as competitors prepare to swoop

Diebiri community shuts down Batan flow station over alleged marginalization 

Insecurity: Yakasai, Ibrahim back Ooni, seek community leaders’ action against insurgents

Air Peace airlifts Super Eagles players back to Nigeria

‘We need foreign investment in Gambia to make it Dubai and Singapore of West Africa’

Nigerian Army confirms killing of 2 officers, 3 soldiers in Yobe State

Cadbury’s H1’19 scorecard impresses market

Tackling Lagos gridlock for enhanced business operations and quality living

No change to US dollar policy ‘as of now’, says Treasury chief

What Nigeria can pick from Egypt’s battle against viral hepatitis

China-made surveillance cameras continue to watch over US military bases

Passengers panic after unidentified man climbs on wings of aircraft prior to take-off

Kremlin throws weight behind EU effort to boost Iran trade

Ikeja Electric partners PEP Store to ease utility bill payment

Investors baulk at Mexico’s plan to breathe new life into Pemex

Konga records 800% growth, cuts losses in 18 months

CAP hits 5-year low on dampened investor sentiments

Jeffrey Epstein denied bail in sex crimes case

Bandits kill naval officer, kidnap 17 in Edo

Fintech startups push for more users as tech investors look to new segments

Hamzat urges youths to join volunteer clubs

Fasoranti’s Daughter for Burial July 22

Iran’s Revolutionary Guards seize foreign vessel near Strait of Hormuz

Spotlight on White-Collar Crime: Where Is Your Company Most Prone to Lapses in Integrity?

‘Nigerian organisations require information sharing to tackle cybersecurity challenges’

Renault collaborates Coscharis Group to kick-start

Facebook’s cryptocurrency hopes hit a wall in Washington

ExxonMobil‘s new initiative on community relations, how far can it go?

Will oil prices help or harm Nigeria’s economy in Q3?

OkadaBooks for the Weekend Featuring Sally Kenneth -Dadzie

Nok By Alara African cuisine with a twist of fine dining and sophistication

What is the big deal about Methyl Bromide NAFDAC and NAQS are sparring over? (1)

How RUGA was ‘stolen’ from Nigerian researchers, politicised by govt

Seven deepwater FPSO projects risk being stalled if negation between government and IOCs fail

Thursday, July 18, 2019

Algeria battle Senegal for $4million AFCON prize money

Agric productivity surge hangs on fixing value chain deficiencies

Presidential election tribunal: INEC boss fails to honour summons

Experts say infrastructure, unregulated developers hurting real estate market

Nigeria’s universal healthcare drags due to weak collaborations

The madness of foolanisation and the debasement of reason

Why tuberculosis is still on the rise in Nigeria

Nigerian hospitals scale up infrastructure, expertise to dwarf health tourism

These days not every child is made for boarding school

Natural disasters and food security: The role of technology management

Celebrating Dr Bolaji Ajenifuja at 90

A stitch in time

Business, negotiations and the audacity of No!

HR recruitment strategy II

GOtv Boxing Night 19: Organisers promise adequate security

Time is running out fast for Buhari and faster for Nigeria

The African Praise Experience 2019 promises to attract world best winning artistes

‘Nigeria has highest global burden of sickle cell disease’

Worrying ignorance of hepatitis symptoms in Nigeria

Doctor-patient relationship building: 4 technologies to focus on

How can I live a healthier, longer Life despite heart disease?

Zuma graft probe shows gaps in Nigeria’s corruption fight

Edo Assembly crisis: Senate calls for caution

Barcelona launch fresh £90m bid plus two players for Neymar

Senate confirms Buhari’s nominee rejected by Saraki-led chamber

US, Nigeria sign pact to improve food security

Dabiri-Erewa laments deportation of 995 Nigerians from Ghana

PDP moves to resolve Lagos chapter crisis

We will fund Blue Line rail to completion, says Sanwo-Olu

FG declares South West largest contributor at 45.6% to total IGR

Amaju Pinnick’s tenure as CAF 1st Vice President expires today

INEC Boss snubs tribunal order to appear before it

India offers Nigeria credit line to revive refineries, other infrastructure

Tribunal dismisses HDP’s application to call additional witnesses

LSPWC begins full-scale routine repair of bad roads

US opens channel for bilateral trade with Nigeria

Reps approves 15 Advisers for Buhari

Ex-Kwara SSG, Commissioner, SSA on EFCC watch list

Residents applaud extension of tricycle operation in Aba

ECOWAS Parliament seeks reconciliation of warring factions in Mali crisis

Medbury denies involvement in Tramadol smuggling, says ambulance hijacked

Patient stabs self at UBTH

TETFUND projects: FUPRE Pro-Chancellor laments slow pace of work

Emefiele flaunts his soft spot for non-oil business

Global debt expands $2trn in Q1 on easier financial conditions

INEC says it has complied with Atiku, PDP request for release of materials

Mikel Obi announces his retirement from international football

USA opens channel for bilateral trade with Nigeria

On Sanwo olu’s right moves in the right direction

Edo Assembly crisis: Senate meets with Oshiomhole-backed members-elect

Anaocha/dunukofia/njikoka: Ayika defends case against Nwankwo

Over 12,000 lawyers set to attend 59th NBA August conference

Buhari, 300 Africa delegates brainstorm on security in Abuja

Lagos orders unions, traders out of Lagos-badagry,

Abuja aglow as world presidents, dignitaries, celebrities set for Africa’s biggest event – UBA Marketplace 2019

VFD Group concludes successful business exit of Germaine Auto

Lifeline for Enugu communities as Foundation, WaterAid launch N300m water project

Eland, ADM expansion in Nigeria oil, gas sector may point to recovery

Anti-graft war: EFCC, Lottery Commission to partner on prosecution, intelligence gathering

CANAL+ Group Acquires ROK

Edo Assembly: 7-man Senate committee visits Obaseki, commences work

9mobile offers customers double data with MoreFlex

Senate Ad-hoc Committee commends Eye Centre as NAFDAC certifies Avastin

Disgruntled bears lurk for chance to scare

Appraising the developments in the nation’s money supply

Budget 2019: Next ICT minister could fiscally be a sitting duck

Matthijs de Ligt dumps Barcelona for Juventus in a £67.5m deal

Wednesday, July 17, 2019

India’s LPG model offers solution to Nigeria’s liquidity, growth crisis

Domestic debts of Nigerian states: What is new in the latest data?

Tribunal orders INEC chairman to appear before it today

Multiple Frequencies: How Domestic airlines struggle under dominance by foreign carriers

Government support, not strict regulation will develop the Power sector

Consumer goods sell off is a golden opportunity to Buy these stocks

Nigeria’s growth problem laid bare by US GDP expanding faster

Why micro, small and medium enterprises matter

Flashback 2003; NEPA: Liberating the hostages!

Securitisation as a financial engineering tool for bridging the Corporate Finance funding gap

Nigeria’s AFCON outing as a microcosm of our fallen expectations

Nigeria & AfCFTA: Rhetoric & reality

Prospects brighten for local hosting of data in Nigeria

On Sanwo-Olu’s right moves in the right direction

Mr President, select ministers on competence, not nepotism

‘Indigenous companies need collaboration to achieve cost optimization in gas production’

Analysts see no relief in sight for Nigeria’s declining purchasing power

Nigeria’s Gas development: The Chevron Nigeria case

Cooking gas prices fall four straight months on efficiency, availability

COSON v. MCSN: let the music pay who exactly? (2)

Raising capital in the FMCG sector: Overview of key considerations

DPR reiterates zero tolerance to infractions from operators

WHO declares Ebola outbreak in Congo global health emergency

AFCON: Nigeria beat Tunisia to win $1.5m 3rd place prize money

AFCON: Nigeria beat Tunisia to win $1.5m 3rd place price money

Land dispute: Ondo govt imposes 24hr curfew on community

Buhari tells herders to ignore Northern elders quit orders

Forex daily turnover declines by 17.74%

Buhari group seeks probe of CUPP over alleged comments against Judiciary

23 states sold petrol above N145 official price in June

Ebola outbreak in the DRC declared a Public Health Emergency of International Concern

Total caught between fundamental, market rout as price slump 5-year low

Global debt expands $2 trillion in Q1 on easier financial conditions

Canal+ acquires Nollywood studio ROK from IROKOtv

British private equity firm Actis boost African presence with Abraaj funds purchase

Airtel’s stock remains flat as investors’ appetite wanes

Gbajabiamila tasks NASS management on bills ‎drafting

500mw Okpai power project suffers setback as deadline shifts to Q3

Election Tribunal: Witness weeps in court, says he is pained by killing of voter

Economy: Buhari appeals for patience, perseverance

Nigerian investors join Shroff for a stake in HotelOnline

IGP restricts all protests in Abuja to Unity Fountain

Italian prosecutor says Eni obstructing justice in Nigerian corruption case

Over 300,000 tuberculosis cases undiagnosed, untreated in Nigeria annually

Stakeholders ask FG to review BASA to support domestic airlines in Nigeria

Rally Trade set to offer investors more rewards, launches new website

Nigeria tasks ECOWAS member states on decent work agenda

NYSC to buy artificial limbs for Taraba accident Victim

As CBN swings into action on banks’ lending to economy

Nigeria stock market moves halfway into bear region

Buhari meets Lawan, Gbajabiamila

Ikeja Electric partners PEP Store to make utility bill payment, recharge convenient

Customs arrests ambulance driver, escort for smuggling N2.8m Tramadol from Apapa port

Nigeria yet to maximize AGOA – Perm Sec

Reps urge IG, DSS DG to shut down Edo State House of Assembly

Nigeria stocks dip 26-month low as year’s loss hits double digits

Our commitment to meeting housing needs is non-negotiable, Lagos assures

VFD Group to invest N2.37bn in Abbey Mortgage Bank

Dele Fajemirokun’s book advances enterprise culture in Nigeria

Airline Operators of Nigeria seeks FG’s support on AirPeace international operations

Investment experts advocate long-term capital raising to develop Nigeria’s economy

Nigeria Global X MSCI fund down 69.97% in 7 years

Travel business to get boost as West Africa targets $57 investment in Ports, rail sector

Violent attacks in June claims lives of 504 Nigerians – Global Rights

WAF crude: Nigerian July spot cargoes remain, traders report Saturno outage

Ghana: Petroleum downstream sector records 15 percent growth

Okowa swears-in eight new special advisers

Lagos orders Transport Unions, roadside traders to vacate Lagos-Badagry, Oshodi-Abule Egba corridors

What to do when you’re caught in a lie (even an unintentional one)

4 ways to help your team avoid digital distractions

Senate confirms Muhammad as CJN

Is an 80-hour workweek enough to train a doctor?

REFIN Homes sees quality attainment set new standard in real estate sector

NNPC’s new crude lifting contracts show subsidy isn’t going away

Tribunal asks INEC chairman, Yakubu to appear before it Thursday

FRSC sets deadline for road unworthy trucks

CAFEI launches in Lagos to address consumers’ complaint in financial sector

Sodium Brand emerges biggest winner at EXMAN 2019 Awards

Lasaco Assurance gains 7 percent as NSE lifts embargo on shares

AB Inbev cancels plans to raise $10bn from Asian IPO, cites prevailing market conditions

Alleged assault: Senate extends submission of panel’s report by one week 

NNPC, Shell to Grow Oil Reserves

Worldwide HIV/AIDs death still a challenge – UNAIDS report

Ayika defends ‘ambiguous’ PDP membership at Anambra elections tribunal

Policy reformation, digital skills development prerequisites for fourth tech revolution

SPAR rewards ‘best child actor’ at RealTime film festival

Governor Ganduje appoints new heads of MDAs in Kano

AFCON 2019: Super Eagles battle Carthage Eagles for bronze medals

NCDC refutes rumour of Bovine Tuberculosis in beef

Reps to constitute 102 standing Committees September

MAN throws weight behind Buhari on AfCFTA signing

Tuesday, July 16, 2019

How weak economy shut down 2,877 firms in 4 years

Updated: Stockbrokers to charge 5% VAT on all stock market transactions

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