Businessday Nigeria Archive

Wednesday, January 22, 2020

737 MAX to remain grounded for longer than Boeing envisaged

Team Earth emerges winner of InterswitchSPAK 2.0 Innovation Challenge

Why we encourage retail investors –SEC

Sanwo-Olu approves relocation of pipeline fire victims to IDP camp

FAAN, NCC partner to check copyright piracy

Siemens offers cautionary tale on responding to climate activists

FG, USAID launch $8mn “water for agriculture” project in North East

FG Reiterates Commitment To Inclusive Education For Children With Special Needs

NovelCoronavirus: FG heightens screening at ports of entry, cautions Nigerians

Novel Coronavirus: FG heightens screening at ports of entry, cautions Nigerians

How Ambrose Ovbiebo has transformed a one-vessel company to an emerging marine logistic force

How to resolve FG, Southwest’s logjam on Amotekun- Tinubu

FIFA Ban: Siasia pleads with Nigerians to help raise €250,000

Fire Outbreak: Oyo Takes Sensitization on Precautionary Measures To Markets

Trump urges Davos to reject environmental ‘alarmists’

Proposed rules for Trump impeachment trial outrage Democrats

BREAKING: Adoke arrives Abuja Court for arraignment

US-China tech dispute: suspicion in Silicon Valley

How to resolve FG, Southwest’s logjam on Amotekun

Investor concerns over US election surpass trade war fears

FG has failed in securing lives; Nigerians should be allowed to defend themselves – Atiku

Malami’s letter on Oyo LG’s: matter is subjudice – Makinde’s Political Adviser

SHACMAN Trucks Tian Chao in Nigeria on expansion visit

Apapa station, NRC buildings demolished for rail project

Mercedes makes incursion into MPV segment

Jaguar Land Rover new seat optimises passengers comfort on long journeys

BMW, Mercedes, VW beat global sales slump

Dangote keeps ANAMMCO, auto industry alive on Shacman deals

Emerging market inflation hits near-six-year high

BREAKING: Health Minister Vows To Probe Findings of BusinessDay/The Cable Investigation On ‘Yaba Left’

New Imo State will prosper under my watch, says Uzodinma

Oyo PDP, APC bicker over Malami’s directive on dissolution of elected council chairmen

Hospitality sector to soar on slightly stable economy

Police foil pro Amotekun rally in Lagos

Amotekun: Solidarity walk in Ibadan, as YWC says no amount of intimidation can stop outfit

FULafia gets NUC approval to offer medicine, 17 other degree programmes

Abia to utilise dry season for road construction

Oyo to procure more equipment for OYSROMA

FCT engages traditional rulers to check fire outbreaks

Akwa Ibom plans new power substation in Ikot Abasi

BusinessDay’s 4th social media week panel session

SAIPEC conference to attract global operators in oil and gas

NCDMB, Waltersmith to support Equatorial Guinea on modular refinery development

Govt, NNPC, and burden of ineffective security on product pipelines

Plentywaka expands routes, calls for partnership

Union Bank follows up on debut commercial paper with fresh N20bn issue

Pinnacle Communications laments over invasion of its Abuja office by operatives of ICPC

NAFDAC clarifies circumstances behind death of pupil who consumed Albendazole

How British Council is driving entrepreneurial growth in Nigeria

FirstBank wins best mobile banking App and fastest growing retail bank awards

Nigeria risks US travel restrictions as Trump set to expand blacklist

Nigeria risks US travel restrictions as Trump sets to expand blacklist

Much of Africa is using mobile money to grow economies, cut poverty but Nigeria is left behind

UNDERCOVER: Bed-Space Corruption, Terrible Food, Well-Fed Rats… Many Things Not Right At ‘Yaba Left’

Tuesday, January 21, 2020

FAAN issues travel advisory in prevention of communicable diseases

Market routes downwards following profit taking in ‘big names’

Nigeria stocks route downwards as profit taking weighs

Here’re 5 wins for Nigeria from UK-Africa Summit

Poverty, unemployment and vanishing nationalism

Nigerian consumers squeezed as price of garri rises 37%

NIMASA generates N16bn into consolidated account in 10 months of 2019

Here’s why you may pay more for domestic air travel in 2020

Roads to ports in Lagos have become the den of corruption, says Anakebe

Manufacturers slow down local input sourcing after FX market stability

On recapitalisation, we have firm assurances from our shareholders that they will bring the money – LASACO MD

Human capital development as key to solving Nigeria’s economic challenges

IMO 2020: Low refining capacity steals shine from Nigeria’s sweet crude advantage

NPA collects over 2.3mkg of waste from Nigerian ports in 11 months of 2019

Can Nigeria craft a fiscally-neutral infrastructure strategy?

‘Inadequate research funding, foreign preference limit local expertise in seed production’

The return of Frankenstein

Magu decries UK’s refusal to extradite Allison-Madueke

Qater 2022 FIFA World Cup Qualifiers: Nigeria draw Cape Verde, Liberia

No ban yet on ‘Okada’, ‘Keke’ on Lagos roads, Govt. says

Nigeria’s payment firm Flutterwave secures $35m funding

CardinalStone Research: Rising liquidity levels could drive more flows into equities

Lekoil reaches agreement with Optimum to defer OPL 310 obligations

Supreme Court ruling: Permutations rife over possibilities in Imo

Standard Chartered says Nigeria presents a $114 bn opportunity for private sector

Minimum wage: Planned action not intended to disrupt national economy-TUC

BUA Cement Plc: What’s next after merger for the ‘King of the North’

EFInA welcomes funding commitment from UK aid

Buhari hails Xi Jinping , as China celebrates Lunar New Year

Partial internet service continues as repair of subsea cables delay

INEC Chairman swears-in two REC

How to turn RoW hike into an opportunity for Nigeria

Joint ventures, govt schemes to provide housing for 3,500 families in 2020

Nigeria misses out on World’s most powerful nation ranking

Supreme Court affirms Ortom as duly elected Benue governor

Supreme Court affirms Ortom as duly Benue governor

Mouthwatering Food & Drinks, Electrifying Music Performances, and Fun Workshops: EatDrinkFestival‘19 recap

Real estate funds grow AUM to new-high of N46.16bn in 2019

Supreme Court affirms Ortom, Fintiri as duly elected governors

Lakeshore Cancer Center proffers preventive options to tame growing rate of cancer

Aero expands routs, increases frequency

IATA commends Air Peace for upholding safety standards

Tambuwal attributes Supreme Court ruling to God, people of Sokoto

Why Presco’s stock price fell by almost 30% in 2019

The N781bn wall of liquidity set to sustain equities rally

Investment sentiment for consumer goods stock may not improve in 2020

Check out these 4 impressive value stocks in 2020

Meristem launches new campaign, relieves own evolution in campaign theme

Boko Haram kills Rev. Andimi, abducted Adamawa CAN chairman

UK to partner Nigerian, South African investment agencies with £25m funding

Police seal Gani Fawehinmi Park, prevent rally in support of Amotekun

How new technologies will transform businesses in Africa  

Nigerian oil rigs slide to 17, OPEC records plus 12

150 days after exit, trade ministry’s Twitter handle refers Okechukwu Enelamah as minister

9mobile embraces future of work with digital customer service assistant

UK announces over £322mn deals with Nigeria in maiden UK – Africa investment forum

Cybercloud platform attains VMware cloud service verification

Transcrop outlines two major mistakes in privatisation of power sector

Nigeria’s first national grid collapse in 2020 points to four perennial challenges

Here are five insights from December inflation data

Fees on secured lending decline by 5.3 points in Q4

World gets a wake up call for reform from elites gathering in Davos

Saudi Aramco, ADNOC reap benefits from listing as NNPC dithers

2019 sees first Nigerian emerge one of the world’s top crypto traders

FG considers two regulators for Nigeria’s petroleum sector in proposed PIB unveils Nedu Wazobia as Chief Auctioneer for her Bazaar of Hope Campaign

Eco: Three known facts about West Africa Monetary Zone and CFA

Eco: Three little known facts about West Africa Monetary Zone and CFA

More than half of CEOs see global economic growth slowing in 2020

CRC’s 95% coverage of Nigeria earns firm best credit bureau of 2020

An unusual gathering of the world’s elite in Davos is focusing on not how to make more money but how to give some away

Nigeria, S.A, Angola’s low performance, obstacle to investment in Africa – World Bank

We are helping to change the negative narrative of Africans in the Diaspora – Adeleke

Akwa Ibom ready to pay new minimum wage

Zenith Exhibitions to hold mega expo, targets industrial sector

The story of Trump’s perilous Iran escalation (2)            

On Operation Amotekun

Democracy & African development (3)

70% broadband penetration target by 2025: A possibility

Apapa: A port city eaten up in shameful disorderliness

Opportunity in the Amotekun of the South-West

Five things to start your day

NNPC restores petroleum product supply on pipeline after  fire  fiasco

How Africa can benefit from trade relationship with UK- Sanwo-Olu

Minister rules out Apapa seaport April rail extension target

Imo: PDP protest senseless, national disgrace, threat to Nigeria’s democracy

Nigeria borders used for smuggling drugs, arms- Buhari

FCT threatens to revoke undeveloped plots in service areas

Supreme Court affirms election of 4 governors

Monday, January 20, 2020

Nigeria’s infrastructure challenges dampen investors’ sentiment at UK-Africa summit

Nigeria’s appetite for subsidies shows little sign of waning

IMF maintains 2.5% growth for Nigeria in 2020-2021

$1.1bn Malabu oil deal: FG files fresh 42-count charge against Adoke, Malabu Oil

Amotekun: Face of future Nigeria as regions opt for self-help 

African tech start-ups get €60m to develop solutions for SDGs

‘The Afam deal brings us closer to generating power for one out of every four Nigerians’- Transcorp President

Donald Trump’s trade wars have not been ‘easy to win’

SEC electronic offering will reduce unclaimed dividends

Basscomm Nigeria Ltd donates items to school in celebration of its CEO’s 50th birthday

Basscomm Nigeria Ltd donates items to school in celebration of its CEO’s 20th birthday

PenCom directs PFAs to pension enhancement for retirees under Programme Withdrawal

Union Bank set to issue up to N20bn in Series 3 and 4 Commercial Paper

Oxfam says World’s 2,153 Billionaires Are Richer Than 4.6 Billion People

Supreme Court affirms election of Kano, Sokoto governors

Scientists warn over China virus outbreak

Supreme Court dismisses Appeal challenging Tambuwal’s Victory

The upstart unions taking on the gig economy and outsourcing

Supreme Court upholds Ganduje’s Election , dismisses appeal by PDP

Africa looms large for UK’s development finance unit

PDP kicks off massive protest in Abuja, to March to Supreme Court

Global Britain changes tack in search of fortune in Africa

Good capitalists give back to society, Nigerian billionaires can do more

Lagos roads infrastructure and environment

Border closure: Impact on the Nigerian economy

Inconsistencies in the macro space

Five things to know to start your day

Nigeria’s free trade zones could unlock Africa’s digital economy

The Metropolitan Club – If you think you are surrounded by idiots (Concluded)

3 die, property destroyed as vandalised NNPC pipeline explodes in Lagos

Sunday, January 19, 2020

Oil surges above $65 as Libya’s export collapses

Economies benefit from fixing inequality WEF’s study finds

Lagosians pay price in choking traffic in megacity without rail

Cashew farmers, exporter’s eye $350m earnings as 2020 harvest commences

Why 64m of Nigeria’s working class cannot buy affordable housing if available

FMN gathers momentum amid market gains, high earnings expectation  

Re-setting capitalism: Klaus Schwab speaks on the future of WEF

Economic crunch hits factories as output, capacity utilisation fall

Analysts see rates on hold as MPC meets this week

Exporters push for friendly policies to earn FX, create jobs for economy  

There is reluctance by banks to offer SME loans—Mabogunje

LSETF disburses N7.3bn to 11,000 MSMEs

FCCPC: First year, solid accomplishments 

World leaders, businessmen, meet in Davos as WEF forum begins

Lekki-Ikoyi Link Bridge to attract N1,000 from 20 January 

Pipeline explosion rocks Abule Egba

Unilever Nigeria appoints Carl Cruz as Managing Director

Atiku backs Amotekun, advocates zonal, state community policing

Focus on access to power, Sahara Group urges investors in UK, Africa

Breaking: Supporters protest Ihedioha’s removal in Imo, demand Tanko’ sack

Nigeria to rank top in World Bank Ease of Doing Business list by 2023 – SGF

NERC to focus on smart grid solutions as collapse concerns heighten

Ferdinand co-hosts Guinness Pan African night to promote football passion

Security heightens around FCT as tension mounts over planned PDP protest

Peace Corps: Former AGF, Agabi asks Malami to call police to order

North East, South West, South East shut out of APC management 

Bribery, extortion thrive as LAGESC, Taskforce officers frustrate small businesses in guise of enforcing law

Nigeria, 50 years after civil war

The Supreme Court judgment that dethroned Ihedioha

Amotekun: Why the odds are stacked against FG 

AfDB to Invest $250M on Water, Sanitation in FCT

Fireworks over ‘Amotekun’: FG Vs South West- who blinks first?

Nigeria is still in pains 50 years after civil war – Ikokwu

Ikpeazu to share N100,000 seed money to Abia petty traders

Saturday, January 18, 2020

INEC kicks over plans to replace candidate in Akwa North West rerun

Flour Mills to refinance existing short-term debt with N20bn bonds

Hoping for good fallout from the UK-Africa Investment Summit

Ibom Air records over 97% scheduled flight reliability 

UBA, Access Bank enhance market credibility with N390m transactions by directors

10 funding options for Nigerian entrepreneurs in 2020

How Ayo Bassey broke barriers to become successful in business

Imo Supreme Court judgment: APC accuses PDP of beating war drum

Maximizing potentials of cassava with FIIRO Technology

Delta youths to be masters of own destinies

Akwa Ibom targets N100bn IGR this year

Christians need God’s empowerment to fulfil their resolutions – Rev. Kristilere

HACEY, Access Bank collaborate to sensitise 500 Lagosians on AIDS/HIV

Libyan Oil exports collapse stoking fears of price rise

Internet in Nigeria, much of Africa slows after undersea cable break

Supreme Court verdict like a daylight robbery, Ihedioha tells APC

Akpabio remains APC candidate, INEC warns Oshiomhole

Avoid pitfall of secularisation of state – Don

Frequent grid collapses question competence of managers

Recapitalization: NIA commend NAICOM on deadline extension

Friday, January 17, 2020

Increase in RoW charges shows Nigeria’s unserious about broadband development

Imo Supreme Court judgement: APC accuses PDP of calling for war

Investors gain only N80bn as equities rally moderates

Fresh starts for Setien at Barcelona as LaLiga second half begins

Fresh starts for Setien at FC.Barcelona as LaLiga second half begins

GEPCare Foundation to intensify fight against human trafficking among Nigerians in diaspora

Cassava to ethanol, vegetable oil projects top Nosak’s 5-year plan

Imo Supreme Court ruling: APC replies PDP, says opposition party calling for war

Ben Enwonwu Foundation presents 4th edition of ‘Point of View’

Owen Omogiafo, proof that if you dare, you can rise 

GAGE awards 2020 enters voting stage

Damaged undersea cables to blame for slow internet in Nigeria, others

Nigeria’s entrepreneurs are key to Africa’s progress – Pierangelo

Billionaires descend on Davos as WEF forum begins

Facebook may be forced to sell WhatsApp, Instagram here’s why

FG to refinance 3.6trn local debt in 2020

Nigerians urged to patronise locally made products

NIMASA: Tackling marine pollution, piracy for safe shipping on Nigerian waters

Spotlight on the loyalty economy: How to value a company by analyzing its customers

4 victims rescued as another building collapses in Lagos  

Resolute in the face of setback

Court sends Ifeanyi Ubah packing from senate

Access Bank acquires 100% of Kenya’s Transnational Bank

Lagos ADC crisis: Stakeholders reaffirm Daramola as state chairman

Edikaikong: A delicious and nutritious soup from the South South of Nigeria

Oyo Govt. Issues stop work order on two public schools in Ibadan

SELF backs forensic audit of NDDC, threatens to expose fake contractors

Subject Amotekun to democratic control – Oyo ALGON tell South West governors

CBN can try, but banks as financial inclusion champion not happening soon

FG planning alternative petrol for Nigerians at N95 per litre

OkadaBooks for the Weekend featuring ‘No Need for Lies’

Group describes the call for Omo-Agege’s resignation as rape of the Urhobo nation

Women in Business: Iroghama Obuoforibo

Women in Business: Wendy A. Okolo

Influencer marketing Vs Paid advertising

TCN says power being restored after System Collapse Thursday

System collapse: We are on top of situation- TCN

Governor Uzodinma of Imo Makes First Appointments, names Anyahie Chief of Staff

Nigeria’s inflation rises by 11.98 in December for fourth consecutive time

Thursday, January 16, 2020

Six agricultural commodities to watch out for this year (2019/2020 season)

For first time in decades, consumer credit shows signs of take-off in Nigeria

North-West rivalry rekindle as Liverpool host Man Utd

PDP asks CJN to resign, says Supreme Court panel heavily compromised

Make the most of your business  trip at Southern Sun Ikoyi

How to leapfrog health systems in Nigeria  

Life may be priceless, but healthcare is not

Tony Elumelu donates tech centre to AAU

Nigeria’s agricultural output likely to decline under AfCFTA – NESG

Naira Marley and the ‘Marlian’ counter-culture

The quest and necessity for Nigerian President of Igbo extraction

Eco faces uncertain future

LASG to leverage technology to plug gaps in healthcare delivery

Travellers in extreme temperatures

NCDC activates 3 new laboratories to boost disease surveillance

The Angel of History and the Ghost of Biafra

Cancer: Kwarans to enjoy comprehensive screening soon

The law of leadership

Unbundling mass communication, tough but surmountable

Fg targets 15% revenue to GDP ratio in medium term

Eye diseases comparatively high in Nigeria due to poverty, ignorance – experts

New VAT Implementation To Take Effect February 1, 2020

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