Businessday Nigeria Archive for November 2011

Tuesday, November 29, 2011

Power sector privatisation delayed to Q2 2012

Lamido Sanusi wins Forbes award

Nigeria has room to lower interest rates-Okonjo-Iweala

'Nigeria withdraws $2billion from oil savings'

Monday, November 28, 2011

FG mulls forebearance on stockbrokers debts

Reps to legislate on telcos', Shell NSE listing

Subsidy bonanza swells fuel importers' ranks

AMCON to recover 70% of NPLs

Naira weakens at interbank, CBN auction

AMCON to recover 70 pct of NPLs

Gas flare drops to 19% - NNPC

‘IHS seeks funds to expand’

Sunday, November 27, 2011

NCC registers 93m phone lines

Dangote stakes $7.7bn in Rivers Energy City

Greed for subsidy payment spurs rise in imported petrol

Friday, November 25, 2011

Nigerian crude exports set to rise in January

Interbank rates ease on cash inflow

'ETI to complete merger with Oceanic by 2012'

Nigeria fuel subsidy disrupting reforms

Thursday, November 24, 2011

Unease as push for MTN listing grows

Revenue profile shows inefficiency at PHCN Discos

Nigeria sold N110.85billion in Treasury Bills

Wednesday, November 23, 2011

Waziri fired amid rising corruption concerns

How countries push multinationals to list

CBN to introduce policy on currency substitution ahead cash-less economy

Foreign firms jostle for Rivers IPPs

Jonathan sacks Waziri as EFCC Chairman

Tuesday, November 22, 2011

Stakeholders see pension supporting infrastructure development

Foreign firms jostle for Rivers IPPsto

Bill coming to compel Telecoms to list shares

Capital market operators seek investor-friendly exchange

Dollar near 6-week high as sovereign debt crisis dominates

Capital market operators seek investor-friendly exchang

Naira steady after CBN moves target band

Monday, November 21, 2011

CBN leaves MPR unchanged at 12%, targets N 155-160 = $1

Nigerian growth seen steady, double-digits far off

Telcos can grow market by N6.1trn on listing

CBN lowers naira band to N150-N160 vs dollar

Nigeria leaves benchmark interest rate at 12%

Naira eases at interbank, auction on demand

CBN to announce its Interest Rate

Sunday, November 20, 2011

How NSE is luring firms to list

Nigeria to commence 24-hour port operations

Pressure mounts on Shell, Telecos, to list on NSE

Saturday, November 19, 2011

Nigeria fines BA, Virgin Atlantic total $235million

Nigeria crude differentials steady as margins improve

Nigerian Chevron vessel hijacked, three hostages taken

Interbank rates rise on forex, bonds sales

Thursday, November 17, 2011

PIB not before Senate, but SWF on course

Nigeria may overtake Spain, other economies in 20 years

Jonathan ties Budget 2012 to fuel subsidy removal

Nigeria sells $400million in 10-yr bonds, yield drops

Wednesday, November 16, 2011

CBN insists nationalised banks are operational

Ministry officials, contractors face prosecution over Apapa Port road

High price tags for discos dwarf revenue estimates

Naira weakens at interbank, stable at auction

Nigeria to auction N111billion of treasury bills

FG appoints new oil sector regulator chiefs

Tuesday, November 15, 2011

1.8m join unemployment queue in 6 months

FG wants equidistant fare as BA offers 20% slash

Regional politicking kills PIB

Oceanic to integrate customers with Ecobank by 2012

‘GDP drops from 7.86% to 7.40%’

Nigeria gets extra Bonny oil cargoes in December

Inflation edges higher, GDP growth dips

Monday, November 14, 2011

Business leaders bag national awards

Helios Towers plans Multi-links mobile sale

Why Nokia, Samsung, LG can’t manufacture handsets in Nigeria

Brent oil steady on euro debt hopes

Naira weakens against dollar on forex demand surges

Shell completes sale of two oil blocks-NNPC

Sunday, November 13, 2011

House targets apex bank in biggest affront to independence

NAICOM to align account submission deadline

Caution trails CBN's proposed N156/$ exchange rate

Shell reports new oil spill

'Oils prices, supplies to be stable'

Friday, November 11, 2011

Nigeria sells N132.05bn in bills, yields down

Thursday, November 10, 2011

17 Nigerian firms invest N240 billion in Ghana

Nigeria GDP rebasing may see big upward revision - NBS chief

Jonathan, admits, politics making govt inactive

Nigeria to sell N65billion in 10-yr bonds

'Nigeria GDP rebasing may see big upward revision'

Amnesty urges Shell to start oil clean up

Wednesday, November 09, 2011

S&P revises Nigeria BICRA to group ‘8’

FG gets flak over airfare pricing

Price tags scare power investors from Discos

'Helios will not run Multi-Links for long'

Fire breaks out on Shell oil pipeline

Tuesday, November 08, 2011

Passengers pay much for Nigeria-Europe air tickets

MPR raise: Real sector besieges MFBs for loans

CBN sets modalities for off-site ATM operations

Monday, November 07, 2011

Defiant sacked agencies get one week to leave ports

Security chief dismisses US embassy’s hotel bomb warning

Nigeria subsidy debate holds up Q4 fuel imports

Subsidy debate stalls Q4 gasoline imports

Vitol in long-term deal to buy Okwuibome crude

Sunday, November 06, 2011

Pilgrims get dollar at N135 for Holy Land trip

LufBritish Airways owner IAG to buy UK’s bmi

Electricity Czar links tariff approval to stable supply

Friday, November 04, 2011

Interbank rates drop on budget inflows

Flour Mills H1 pre-tax profit down 4%

Cadbury Nigeria pre-tax profit up 24%

Nigeria to sell N132bln in treasury bills

Thursday, November 03, 2011

BA flight restriction forces UK into BASA talks

Why NSE lost N1.4trn market Cap in Q3

Finally, fuel subsidy begins gradual exit

Pirates hijack oil boat off Nigeria coast-source

Wednesday, November 02, 2011

Banks grumble over AMCON’s acquisition of N275bn performing loans

Poor project designs cost FG N49bn

Shell, NNPC lose $166m

Dangote Cement pre-tax profit up 22%

Naira firms on CBN, Oil firm on dollar sales

Shell lifts force majeure on Nigerian Forcados oil

Diamond Bank to open 80 branches in Nigeria

Lawmakers order inquiry into rampant oil theft

Tuesday, November 01, 2011

Nigeria, global markets in turmoil over Greek referendum

Banks cash in AMCON bonds at CBN to boost liquidity

Naira firms on CBN direct dollar sales

Economy flayed at SEC’s investment forum

Google takes 5,000 SMEs online

New gas discoveries threaten Nigeria’s revenue

Monday, October 31, 2011

Economy gets hard knocks at SEC’s investment forum

Google helps 5,000 SMEs move business online

Gas discoveries in UK, Africa threaten Nigeria’s revenue