Businessday Nigeria Archive for October 2010

Thursday, October 28, 2010

Workshop participants want INEC to enlist military for logistics support

‘Police reform critical for free elections’

Israel: Seized weapons at Apapa Port heading for Gaza Strip

Posers over mysterious arms import probe

IOCs must release oil fields to local firms to grow more reserves, skill

Wednesday, October 27, 2010

NSE may lengthen trading time, widen price cap

Mark advises politicians to accept defeat

FG rolls out guidelines for public borrowing

Arms cargo arrived Apapa Port in July

Banks grab 26% of N6trn loans to economy

$500m Eurobond:World Bank calls for accountability, discipline

Tuesday, October 26, 2010

We are not taking over duty of courts, says EFCC

I will focus on human capital development – Shekarau

Mobitel re-enters telecoms market with 4G wireless broadband service

SSS intercepts grenades, explosives and mortars at Apapa port

$500bn Eurobond:World Bank calls for accountability, discipline

CPC begins one week registration of members

Monday, October 25, 2010

Cholera death toll in Nigeria rises above 1,500 – UN

Bharti Airtel in outsourcing deal to improve customer service in Nigeria, 15 other African countries

Governors, party chairmen now beautiful brides

Analysts recommend steps towards improving Nigeria’s outlook

Fitch rating: Time for a sober look at the nation’s finances

GSM operators shy away from CDMA acquisitions

Sunday, October 24, 2010

Lull in politicking as parties await constitutional amendment

Campaign organisation warns MEND to steer clear of Yorubaland

Telcos move to provide affordable telecoms services in rural communities

Analysts caution FG over economy after Fitch rating

CBN okay with current naira stability - Sanusi

South-West gets 73% of bank loans in Nigeria

Saturday, October 23, 2010

Kidnapping: Bumpy road to free and fair elections in Akwa Ibom

PDP dares governors, orders congresses in six troubled states today

FHN acquires interest in OML 26 onshore Niger Delta

Analysts optimistic about $500m eurobond despite uncertainties

Nigerian oil industry is in crisis, IOCs cry out

Jonathan’s Bayelsa visit: The intrigues, the calculations

David Mark is deceiving you, Kwande tells Jonathan

NNPC Chief sees bright future for oil industry despite crisis

How Okah used phone calls, SMS to plan Abuja bomb blasts


Sunday, October 17, 2010

2011: PDP suspends congresses in eight troubled states

Bayelsa elders may dump Jonathan over Sylva

South East, South South face blackout as Afam power plant collapses

Nine new airlines seek NCAA’s approval for flight operations

Jonathan raises concern over huge vehicle import bills, tasks manufacturers

Nigeria must move fast on polls timetable, say international observers

Nigeria moving towards stable crude production, says Allison- Madueke

Nigerians in Ghana want prompt action on trade agreement

NERC lacks human capital for post-reform power sector

NSE Council exploited lack of internal audit to share N1.3bn

FIFA investigates bribery scandal involving Nigerias’ Amos Adamu

FIFA Requests Documents Related World Cup Bidding Votes Claims

Ibori for extradition to UK

Saturday, October 16, 2010

Mobil contributes N59.2b to NDDC funds

NSE trades N2.9b worth of shares

AFAN President urges policy to compensate natural disaster victims

Friday, October 15, 2010

Abuja bomb scare: Police reassures Nigerians of security

Delta PDP Exco: Court adjourns ruling on jurisdiction to Oct. 22

Alison-Madueke appointed into OPEC's ministerial sub-committee

Lagos rehabilitates Hajj Camp with N6 mln

Appeal Court sacks Ekiti State Governor …declares Fayemi rightful governor

Thursday, October 14, 2010

Aggrieved PDP members protest imposition of guber candidate in Ogun

Atiku gets secretariat, 15 billboards in Rivers

Corruption: Ogbulafor has case to answer, says Justice Bello

FG targets $900bn GDP, $4,000 per capita income by 2020

80m Nigerians are poor, says Magnus Kpakol

Senate tells Jega to ‘talk less and do more work’

Jos crisis: Yoruba demand 100bn compensation, national conference

CBN says deal talks on rescued banks to start soon

Allison-Madueke sees oil licensing round this year

200 foreign investors meet Jonathan on power sector plans

Senate tells Jega to "talk less and do more work"

Senate debates Debt Management Office Bill

Gold hits record highs as dollar wilts

Dollar pummeled after Singapore widens FX band

Wednesday, October 13, 2010

ACN decries police role in political persecution in Akwa Ibom

How to transform NTP’s perspective

Buhari flags off presidential campaign

Senators back extension of election timeline, debunks N20m bribe allegation

Halliburton: Ex-presidential aide appears in court

Harsh economic environment forces closure of 70 industries in South-West - MAN

INEC to conduct fresh bid for voter registration machines

FG sets up committee in response to growing external debt

Joy as Chile miners reach surface

Tuesday, October 12, 2010

FG moves to monitor space assets, launches Pico satellite before 2015

Judge stops FCT minister from revoking plot of land

Reps ask FG to raise judicial panel on Abuja twin blasts

N/Assembly, labour ask UN to expedite action on Sahrawi independence

Nigerian banks retreated to become stronger – Renaissance Group chief

Rioters burn police station in Maiduguri, injure policemen

Banks’ credit to private sector rises to N10.1 trillion

2011: Senate upbraids Jega for comment on constitutional amendment

New Generation’s $2.5bn to buy Nitel bid gets FG’s full backing

Oil falls 1 per cent

Jonathan approves sale of Nitel to New Generation Consortium

Monday, October 11, 2010

ACN to stop non-performing politicians from aspiring to Government House

PDP in dilemma over staggered primaries

Operators laud Sanusi’s award, call for more transparency

Goldman’s Mboweni says Nigeria may be Africa’s new economic ‘Gold Rush’

Adopt operations research in tackling management problems, experts advise

Lagos government to evacuate Ikorodu flood victims, blames FG over disaster

Okonjo-Iweala urges African countries to lead global economic growth

HSBC, Barclays, UBS, RBS, NatWest linked to graft in Nigeria

NSE: independent auditors’ report shows Deloitte qualified accounts

Telecom investments threatened by poor spectrum management

Okonjo-Iweala urges African countries to lead global economic

UK banks complicit in Nigerian corruption, report says

GTB alleges N12.3bn debt against Stabilini, Roygate & others

Sunday, October 10, 2010

INEC bemoans kidnapping in the South East, set to recruit 36,000 ad-hoc staff

Budget should connect governance to development, says expert

Inter-bank rates ease on fresh cash inflows

Inmates torching Bauchi prison heightens fears Boko Haram sect is staging comeback

SSS to hold 4 over bomb attacks

Voter registration: INEC worried over kidnappers in S/East

World Bank chief says critical to fund aid to poor

50 years: Stakeholders lament lost opportunities for housing Nigerians

CBN to slow naira-defense spending, says Sanusi

FG’s life assurance cover splits industry

Saturday, October 09, 2010

Nigeria's Nasiru withdraws from t-tennis doubles with malaria

Lagos ports expect 108 ships in October

ECOWAS assures of mining reforms-Gbeho

Kaduna announces N8,799 as new minimum wage

Rawlings becomes AU High Representative to Somalia

Cecilia Ibru ‘s plea for leniency gets her six month jail term

Friday, October 08, 2010

Suspension of the Nigeria Football Federation provisionally lifted

Thursday, October 07, 2010

Experts ask FG to look beyond Supreme Court judge as ICPC chairman

Bomb fallout overshadows run-up to 2011 elections

World markets flat but dollar slide continues

Renaissance Capital wins Best Africa Investment Bank award

Foreign reserves down 15% to $34.57bn in 12 months

Stakeholders hinge Nigeria’s development on sound corporate governance

‘Consumer, infrastructure needs propel investment in Nigeria, others’

NSE audit report: fresh questions on Deloitte’s role in bonus payments


Don’t Impose Candidates: Ogoni Warn Political Parties

Aondakaa Loses SAN Rank


Wednesday, October 06, 2010

Atiku, Saraki storm Yobe for presidential campaign

Ekweremadu advocates for compulsory voting bill

Senate debates alteration of 1999 constitution next week

Bomb blast: Your credibility is at stake over Okah’s allegation, ACN tells Jonathan

22 nations face protracted food crises – UN report

Denials slow battle against lead poisoning in Zamfara

OPEC output change unlikely, market well supplied, says Libya

NLNG shops for $2bn for future growth, train 7, say sources

Shut Microfinance Banks need new licences to restart operations, says CBN

FG secures $6.8bn grant for land management

Ship alleged to contain toxic waste detained at Tin-Can Island port.

IMF trims sub-Saharan Africa's 2011 growth forecast

Tuesday, October 05, 2010

Abuja twin blast: Henry Okah, ex-militant leader, fears for his life

Lead poisoning: Death toll rises to 400 from 160 in June

Ezekwesili, Elumelu, Mkwezalamba, others to discuss intra-Africa trade at World Bank meeting

Bomb scare: Workers flee NNPC, federal secretariat complexes

FG moves to increase electricity generation, to spend $1.4bn on Zugenru power project

MAN threatens to sue FG over plan to import waste bins

Abia government appeals to banks, schools to re-open

Okah to remain in Jo’burg prison custody

Wema Bank applies for regional banking license, wants additional 30 days to raise capital

AMCON: Toxic assets of 10 banks hit N3trn – Belgore

Jonathan, ex-militant leaders meet in Abuja

Commonwealth Games 2010: Shooters strike gold for India

More gold medals coming from weightlifting - Officials

Abuja bombings: Okah to remain in Johannesburg prison custody

Twitter COO Costolo replaces co-founder as CEO

Monday, October 04, 2010

Ebonyi floats N16.5bn bond to boost infrastructure, agriculture

Ghana to get another rig for Jubilee fields December

Jonathan visits Plateau Friday

UBA raises N20bn tier2 capital

Pieter Fourie, CEO of Sephaku Cement, on strategy

Dangote’s ambitions push it to control Sephaku Cement

Nigeria at 50 ranks 40 out of 53 in governance

SSS arrest nine over Abuja twin blasts

Regulatory environment greatest obstacle to growth - IOCs

Fifa issues world ban to Nigeria

Sunday, October 03, 2010

INEC to recruit 24,222 ad-hoc staff for voter registration in Kano

2011: Bankole tasks media on issue-based electioneering

Jonathan reiterates commitment to timely completion of power projects

ECOWAS berates regional private sector, to declare decade of energy self sufficiency

50% insurance firms yet to submit 2009 accounts to NAICOM

Azikiwe asks Nigerians to reflect on how to make fatherland better

UN investigation team submits report on Zamfara lead poisoning

NCC boss assures telecom subscribers of quality service

‘CBN won’t review MFBs’ revoked licences’

Cheap Internet coming, as undersea cable glut sparks price war

Abuja bombings: MEND leader arrested in South Africa

Bomb Blast: We will overhaul security system -- Jonathan

Saturday, October 02, 2010

Aba:Excitement, joy as kidnapped pupils regain freedom

U.S, UN condemn bomb attack in Abuja

MEND claims responsibility for Bombing

Explosion: FG describes act as unfortunate

Agreement reached in Tokyo anti-counterfeiting talks

Gold at record for 6th day on monetary easing hopes

Bomb blast, bad omen, says Chris Anyanwu, MEND has no case, says CNPP

Friday, October 01, 2010

President Jonatha speaks on bomb blast



Explosions: Nigerians urge police to arrest, prosecute culprits

Nigeria @ 50: Car bomb kills 8, injures others

Thursday, September 30, 2010

Rivers set to build liquid gas storage tank farm, mini oil refinery

Google celebrats Nigeria @50 with new doodle

Nigeria offers good returns on investment – Dangote

Nigeria at 50: It is time for reflection, say Atiku, Nigerians in Ghana

Let’s join hands to build Nigeria, Jonathan tells Nigerians

President Jonathan to present 50th anniversary address live today

Soldiers seal off Aba, hunt for child kidnappers

Nigerians reminisce about nation at 50