Businessday Nigeria Archive

Thursday, July 18, 2019

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

Aging farmers, trees hurt Nigeria’s crop output

Lessons from Morocco’s decisive approach to unlock its power sector

FG generates over N382.52bn import duties from Apapa, Tin-can Ports in H1

Insurers recount valuable contributions of departed colleagues to growth of industry

Africa’s $2.3bn agritech market remains largely untapped – report

Strengthening farm, market linkages will help boost Nigeria’s food security

A lie is a lie, white or not (Part 2)

‘For effective compliance, moral suasion should have been over in pension industry’  

Intimacy as a competitive edge for the small business

Nigeria’s food inflation declines marginally in June

Fuel-efficient petrol engines heralds new 7-Series

Denmark beats US to become world’s fifth largest shipping nation  

Global central banks set to ease monetary policy coming months

Does investing in emerging markets still make sense?

Insightful conversations follow Union Bank’s role at NEDIS

Usage, not access, is key to making financial exclusion history – Mastercard

Investing in boiler chicken production

Group hosts ‘Bole Festival’ to promote plantain farming

Dongfeng set to alter Chinese brands perception among Nigerians

First Bank promotes financial inclusion through digitisation in sub-Saharan Africa

Avoiding heartache on the Lekki-Epe Expressway

Mercedes retains top spot on premium segment log

Dubai Airports moves towards solar-powered future

Buhari orders immediate implementation of Minimum Wage

Reps urge FG to harness ACFTA benefits

Sanwo-Olu Declares another Free passage at Lekki, Ikoyi Toll Plazas Wednesday

Insecurity: Yuguda urges Buhari to Beam Light on Migrant Herdsmen

Insecurity: PDP calls for state of emergency, asks Buhari to resign

Olakunrin’s killing: Reps urge FG to Install CCTV on streets,

INEC official was caught with $10,000 on election day in Nasarawa, Atiku’s witness tells tribunal

Despite absence of ministers, Senator says no vacuum

Don’t play politics with death, Presidency tells Obasanjo

Lagos to benefit from £38m UK mobile development programme

U.S. offers $7.5m scholarship to 303 Nigerians

The 1999 Constitution makes NASS rubber stamp – Doguwa

Christine Lagarde resigns from IMF, effective September 2019

‘Hands-on training makes the difference in hospitality business’

Nasarawa Assembly set-up panel to investigate illegal deduction of LG salary allocation

Wale Olaoye: Disrupting traditional ‘man guard’ security business

CryptoHub holds First Bitcoin and Cryptocurrency Traders exclusive Gathering on Friday

Go Cashless This Summer with FirstBank Visa Multi Currency Card

Solutions to security challenges beyond FG, say senators 

EDHA cuts short adjournment to confirm Obaseki’s commissioner-nominees

I can’t go to my hometown because of Kidnappers – Boroffice

Economy loses N6trn to Apapa gridlock, says OPS

Report says Barcelona offer PSG £36m plus Coutinho and Dembélé for Neymar

INEC boss Yakubu debunks claims election results transmitted electronically

Tax rebates, infrastructure key attractions to Lekki Free Zone- Experts

Nigerian port concession model is used globally to improve efficiency – NPA

AXA Mansard supports innovation in Nigerian students

Sanwo-Olu and the Apapa gridlock problem

New Benue Tax Boss Promises Increased Revenue Base

Atiku hails Gov Makinde on public assets declaration

Jonathan visits, consoles Fasorantis, says FG’s security approach has failed

Lagos Aviation Academy recounts half year 2019 milestones

Gunmen with in black Jeep chased us out of polling unit – PDP witness

APC will be history in Edo if Obaseki is forced out – Idahosa

How Nigerian creative advertising startup hoisted Nigeria’s Flag at Cannes, France

Maltina Teacher of the Year 2019 gets new submission deadline

Agusto & Co. upgrades RMBN rating

How will we decide who we want? What if it isn’t meant to be?

NSE inducts 46 newly authorised Dealing Clerks

Bermuda court orders halt to US lawsuit against Apollo

Most properties are expensive because of high cost of finance

Dantata Success: Claims verification commences for 4,160 ‘investors’

Gilead to raise stake in Belgian biotech in $5.1bn deal

9mobile appoints Ibrahim Musa Umar as new chief human resources officer

European Investment Bank: the EU’s hidden giant

Wema Bank launches digital marketplace, Outlet By Alat

Senate to screen Muhammad as substantive CJN Wednesday

NEMA distributes relief materials to victims of communal crisis in Cross River

‘Aspiring entrepreneurs should deploy calculated risk to be successful’

Warner Music buys label behind Les Misérables and Mary Poppins

Edo Assembly cut short break to confirm Obaseki’s commissioner nominees

Solutions to security challenges beyond FG – Senate

SMEDAN lauds Edo’s focus on infrastructure, education

Anambra receives EU delegation on health system strengthening

Economic Boost after African Leaders Agree on Implementing Free-Trade Zone

Stockbrokers to charge 5% VAT on all NSE transactions

Ogun partners Chinese firm on Agric export

‘You lost all cases due to lack of diligent prosecution,” PDP tells APC

Crude oil prices rise to $66.97 on back of tropical storm Barry

Access Bank Breaks Down Barriers to African Money Transfers

Gov. Seyi Makinde makes details of assets declaration worth over N48bn

NAFDAC, NAQS at war over ban on methyl bromide as fumigant

Letter to Buhari: Obasanjo gets Agbakoba, Babatope, Ikoku’s backing

Apapa Gridlock, economic headwinds erode Flour Mills improved Q4 2018/19 performance

Amidst mounting deaths, Nigeria’s grazing crisis threatens future of the nation

Power supply to Nigerian households declines marginally in Q2 – NOIPolls 

Monday, July 15, 2019

Why off-grid operators are attracting serious investors

Shell, Seplat in hunt for land rigs signals possible oil recovery

New report ranks Nigeria’s solar energy market top 5 globally

Oil forecasts point to fierce market share fight, is Nigeria ready?  

Nigeria is missing out in deep offshore infrastructure boom

Oil majors are betting big on blockchain technology

Insurers require N271bn to meet new minimum capital base

CBN sees banks moving in right direction on new lending measures

‘I don’t think the country can afford a policy that is anti-foreign investment’

Residential, commercial opportunities seen in Nigeria’s wasting public assets

‘Nigeria’s problems, mobile technology creates opportunities for innovations’

Conoil Nigeria Plc: Innovative product underpins profit

10 things Nigerians need to know about Rwandan 1994 genocide

Opportunity to buy, invest opens as construction begins on The Pacific towers

NCC remits N51.3bn to Federation account in Q1 2019

20 years of ambivalent governance reforms in Nigeria

African SEZs & GVCs in the age of automation (3)

Culture: A necessity to overcome underdevelopment (2)

Nielsen chief underscores importance of testing companies’ innovations before implementation

No! Atiku and his team did not clear Nigeria’s entire debt in 2006

Ogun moves to provide housing for workers, seals pact with FMBN, NHF

‘How IT managers struggle to keep up with sophisticated cyberattacks’

Why professionals should use made-in-Nigeria Premium Steel products

Professionals advocate strategic steps to achieve gender parity in education

Stretching democracy into economy: The case for democratic business enterprises

Increasing focus on consumer engagement signposts big business opportunity for experiential marketers – Experts

What type of parenting is most effective these days?

Greenwood House School moves to strengthen extra-curricular activities among pupils

Grace Schools, Newhall International School, four others receive British Council Awards

Is “reverse charge” alien to Nigeria’s body of tax laws?

Laying the markers for a new Imo

How Nigerian creative advertising start-up hoisted Nigeria’s Flag at Cannes, France

We have not abandoned Leah Sharibu, Others- Presidency

Insecurity: Obasanjo’s open letter vindicates us – PDP

Tribunal admits video recording against Buhari, APC, INEC

Insecurity: We ‘II no longer defend kidnapping suspects- Ondo Lawyers

Insecurity: NASS will back deployments of military- Omo-Agege

Police arrest suspects over killing of Fasoranti’s daughter

NAFDAC affirms ban on methyl bromide as fumigant, in move NAQS considers affront

We’ll no longer condone xenophobic attack on Nigerians, Lawan tells South Africa

Stock market opens week on negative note

Insecurity: Reps to give special budgetary attention to Zamfara

Spotlight Africa to reward LAWMA women for their community service

Seplat’s $700m ANOH gas investment to address Nigeria’s power deficit

Slum Art Foundation starts construction of school using pet bottles

NECA wants abolition of VAT on property sales, airline tickets

Ten days after, AirPeace sustains frequency, airfares to UAE

Energy360 Africa launches digital software for downstream market, fuel station optimisation

Google kicks off certification, training for digital marketers

Tech crunch could herald US ‘earnings recession’

Dangote Cement, CCNN have attractive valuations compared to African peers

Von der Leyen faces knife-edge vote for commission presidency

Acting IMF chief backs monetary easing by central banks

Arkland Properties embarks on new venture A&A Tower In illustrious Eko Atlantic

Tribunal: APC, Buhari fiercely oppose video evidence

NAMA commences installation of prefabricated pilot joint briefing offices

ESG money market funds grow 15% in first half of 2019

Glo rewards customers with free data on Samsung smartphones from open market

GCB Africa says police most corrupt institution globally

Hong Kong chief Carrie Lam offered to step down over protests

Securing the Future Of Loved Ones with Islamic Estate Planning

To end violent extremism ActionAid trains 24 women peer education facilitators in Kogi 

UPDATED: New dawn for low-fees schools financing?

Nigeria’s headline inflation eases to 11 month low of 11.22% in June as food price drops

Shell spends over N390m on development projects in Delta 

SON alerts on substandard sunrise electric cable in circuation

US Court stops Trump from blocking Twitter critics, why not in Nigeria?

Oil drilling activities in Nigeria maybe picking-up as firm gets regulatory nod

We will continue to sensitise investors on e-dividend – SEC

Again, Obasanjo writes open letter to Buhari, urging for end to violence (Full Text)

Africa’s wealthiest five are over 4 times bigger than Rwanda’s economy

A bloody H1 tests nerves of value investors 

FG urged to leverage regional economic, monetary integration with AFCFTA

10 tips to get almost anything at the best price

Have these stocks on your watchlist as they may pay interim dividend soon (1)

Foreign portfolio investment rises by 305.8% in 3 months

Sunday, July 14, 2019

Nigerian banks feel the pain as investors wonder what next

Weaker global growth ominous sign for Nigeria’s sluggish economy

$4bn opportunity opens for Nigerian pig farmers as China faces shortages

Sugar production highest in 7yrs amid land, smuggling hiccups

Banking on Circulars

Finally, we’re in the AFCFTA

Nigeria’s signing of AfCFTA must be meaningful, not perfunctory

Apapa: How congestion, gridlock deny port city of business hub benefits

Analysts call for caution on palm oil sanctions

Meet Chy Onwuka, banker turned designer

Olamide Ayeni-Babajide: Turning wastes into furniture

A hearty toast to Prince Francis Oluwole Awogboro “VQB”

The Nigerian code of corporate governance, 2018- Principle 11: Board committees

Beta Glass grows revenue by 19%, plans furnace rebuild investment in Agbara

Delay in Form M processing, PAAR issuance stifling businesses at ports

Making money from recycling

Killer herdsmen threats overshadow Buhari’s positive achievements – Soyinka

Mahrez late winner against Nigeria sends Algeria into AFCON 2019 final

Senegal beat Tunisia to reach AFCON 2019 final

NDLEA warns Hajj pilgrims against drugs trafficking attracts death penalty

Appeal Court President bars justices from annual vacation

Ex-Kwara govêrnor left special needs centre worse than he met it – Gov Abdulrazaq

Labour dialogues with Ecobank on disengaged contract workers

CBN, Police clampdown on Naira notes vendors

Lagos flags off ‘Green Campaign’ on tree planting

Appeal Court orders release of Dasuki on bail

Breaking: Sanwo-Olu transmits list of 25 commissioners, special advisers to state assembly

Killing of Fasoranti’s daughter must not be used to divide Nigeria – Tinubu

AFCON: Gbajabiamila optimistic of Super Eagles’ victory over Algeria

Smuggled rice: Navy, Police, Customs arrest 24 suspects in Kwâra

Eleven UNILORIN students collapse during exams

Osinbajo visits Fasoranti, says Community policing is key to ending crime

APC government not living according to tenets of Nigerian Constitution – Ishaku

We won’t allow Benin Republic take over Tongeji Island in Ogun – Gov Abiodun

Inter-state journeys now high risk in Nigeria

We will apprehend killers of Afenifere leaders daughter- Buhari

The Gambia: Allure of the smiling coast of Africa

The sleeping senators

Insecurity: Falae’s repeated attacks show farmers’ ordeals

With what is going on in Nigeria, the country is not a democracy – Onovo

From newsroom to soapbox and to statesmanship: The Osoba story

Lasaco Assurance’s profit rises by 42 percent on higher premium

PDP, Yoruba Youth Group urge security agencies to arrest killer of Fasoranti’s Daughter

Nigeria’s Super Eagles set to rewrite AFCON history

Traders take over popular Lagos bus stops as night market continues to thrive

Saturday, July 13, 2019

The film industry holds a bright future for Nigeria if properly harnessed – Anyiam-Osigwe

Flour Mills Nigeria and food security

Wike, first class graduate call for inventions, more research in Rivers’ varsity

Ijegun explosion: Sanwo-Olu vows to prosecute pipeline vandals

‘Abuja investment expo will explore opportunities of ‘rent to own’ to ensure more Nigerians own their own homes’

Day Tinubu, Akande, Osoba, Fayemi, others stormed Ondo over APC crisis

Delayed payment syndrome: Indigenous contractor drags NLNG to Buhari

Nigeria Last Week

Protecting Nigerians from Dichlorvos: How about protecting mental health?

Proliferation of substandard boreholes and Abia’s water project rehabilitation

Stanbic IBTC Holdings allays fears as court awards N2.5 billion to creditors

Belemaoil founder explains project execution in northern Nigeria

WHO updates global guidance on medicines, diagnostic tests

Killer house helps are still prowling homes in Nigeria

Nigeria is diminished – Obasanjo

Plant protein or animal protein- which is better for you?

Nigeria’s dehumanising debt profile

Nigeria’s drop out of Africa’s Top Investment Destination in 2018 unusual

My dream 20 years ago, suffering of Kogi people driving force behind my guber ambition – Erico

Nigeria must go back to God to make the needed progress – Baba Aladura

NSE commits to war against cancer, pledges N20m to combat killer disease

Despite Army drones for surveillance, kidnapping armed banditry worsen in Ondo

Lightweight division most competitive in Nigerian boxing- Rilwan

ICPC urges FG to adopt strategy of asset recovery

Scripture Union raises fresh concerns over poor state of affairs in Nigeria

Lagos private schools Spelling Bee competition to improve reading culture – Rahul De

We will apprehend killers of Afenifere leader’s daughter – Buhari

PDP tasks FG to fish out killers of Fasoranti’s daughter

Gunmen kill Senator Abbo’s uncle, abduct step-mom

Volkswagen debunks resumption of assembly operations in Nigeria

Fasoranti’s daughter’s murder: Don’t blame us if we retaliate –  Gani Adams

Armed Herdsmen killed 64 of my subjects – Taraba Monarch

Nigeria to launch sex offenders’ register

Buhari felicitates with Wole Soyinka at 85

Ajibade Ogunoye Emerges New Olowo-Elect

NDDC has failed Niger-Delta region – Osibanjo

Ogun moves to partner FMBN, NHF for provision of mass, low-cost housing

Lagos-Ibadan Standard Gauge Rail begins commercial activities September

Our system was not hacked – Wema Bank

Delta judiciary financial autonomy bill passes second reading

Obaseki counts gains of NAFEST as culture executives conclude meeting in Benin City

Ondo Council Boss Sets Up Taskforce to Improve IGR

Mobile transfer volume soars by 126% in H1 2019 on low cost, convenience, others

IFAD-VCDP Agro inputs in Taraba impacts 8,077 farmers

Friday, July 12, 2019

Buhari extends Prison boss’ tenure by one year

CBN has changed Nigerians’ preference of foreign goods to local ones – Okorafor

Buhari extends Prison boss’ tenure

Presidential election tribunal: I transferred election results to central server – INEC staff

Wimbledon 2019: Federer downs Nadal to play Djokovic in final

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