Businessday Nigeria Archive for January 2012

Sunday, January 29, 2012

Growing investment appetite raises hope for property market

Banks, customers abandon CBN cash-lite policy

NCC to implement number portability in June

Friday, January 27, 2012

Interbank rates up on budget cash delay

Shell to repair damaged oil pipeline by end-Jan

Nigeria sells N138bn in treasury bills

Thursday, January 26, 2012

Nigerian banks offer attractive valuations–IBTC equity report

Trucks bringing food from North drop over Boko Haram

AMCON recovers N400 billion from bank debtors

FG acquires multi-billion naira equipment for road maintenance

Rate may rise if government expands budget

Nigeria raises N89.76bn at 10-yr bond sale

'Non-oil sectors to boost Economic growth in 2012'

Wednesday, January 25, 2012

Eurozone crisis: Nigerian banks face funding risks

Police take blame for Boko Haram as Jonathan fires Ringim

Performance at EPCL exposes inefficiencies at PH refinery

Naira firms to 3-week high against Dollar

Tuesday, January 24, 2012

Nigeria faces grave consequences, IMF warns

PZ Cussons warns crisis in Nigeria hurts business

NLNG, ExxonMobil, NNPC seek $4bn loan for expansion

'Investors see Africa as most attractive destination'

New report reveals point of leakages in subsidy regime

Monday, January 23, 2012

External reserves threatened by govt spending

FG, Lagos, World Bank working on N30bn for Mile 12 - Ikorodu road project

External reserves threatened by govt spending

Naira eases on importer dollar demand

Nigeria to auction N89.7bn bond Jan. 25

Sunday, January 22, 2012

Analysts fault calls on FG to fix refineries

Security concerns threaten 24-hour port operations

PPPRA petrol pricing guide bogus, say operators

Friday, January 20, 2012

CBN directs stakeholders to change to new VPN

Interbank rates rise after subsidy removal

Naira high on NNPC dollar sales

Senate wants $75 per barrel oil benchmark in budget

Thursday, January 19, 2012

Nigeria finally shakes off its lethargy on PHCN

Sovereign Wealth Fund hits $1bn as FG, states reach compromise

How Nigerian refineries have become a $3bn drainpipe

National Assembly investigates massive fuel subsidy fraud

India IOC buys 2million barrels Nigeria crude

N130-240bn bonds to be raised in Q1- DMO

Nigeria to export 368,000 bpd of Qua oil in March

Bonny oil loadings to slip in March

FG orders audit of oil and gas sector

Wednesday, January 18, 2012

Petrol price slash pressures FG over fiscal retrenchment

Nigeria’s inflation defies seasonal hike, moderates at 10.3%

Subsidy protests raise pressure for oil sector reforms

Naira gains at interbank on oil firms forex sales

Stocks shed 0.31%, hit 4-month high

Fuel strike costs economy $1.2bn- stats bureau

Fuel strike cost economy $1.2 bln- stats bureau

Nigeria oil product demand likely to fall in Q1 -IEA

Tuesday, January 17, 2012

How Ghana, Tanzania, Uganda tackle fuel subsidy

Nigerians tailor expenditure to economic realities

NNPC diverts fuel vessels to Togo, Benin

EFCC in raids over fuel probe

FG creates committee to hurry up oil bill

Afren oil finds oil in offshore Nigeria well

Fire breaks out at Chevron Nigeria rig

Monday, January 16, 2012

Traders hit as petrol glut builds offshore Nigeria

Fiscal stress to remain dominant feature

Nigerians count losses as labour ends strike

Sunday, January 15, 2012

FG reduces petrol price to N97 per litre

Labour warns against interference in democracy, insists on N65 per litre of petrol

Stalled PIB: Experts say 2012 gloomy for oil industry

Nigeria loses N2trn to nationwide strike

FG orders EFCC to probe subsidy payments on fuel

Saturday, January 14, 2012

Subsidy removal: Labour, CSOs reject N120 per litre

Friday, January 13, 2012

Unions suspend strikes in fuel dispute

IOC buys more Nigerian crude for March-trade

Thursday, January 12, 2012

Government, labour fuel subsidy talks inconclusive

Labour says no strike yet as Ghana minister justifies fuel subsidy removal

Maersk says unable ship goods into Nigeria ports

Oil up $2 on Nigeria output threat

Wednesday, January 11, 2012

FG’s agric transformation agenda to create 3.5m jobs - Agric Minister

Subsidy removal cripples fuel smuggling across Nigerian borders

Economy may slide as PENGASSAN mulls oil production shutdown

Nigeria's oil economics fuel deadly protests

Tuesday, January 10, 2012

FG, transporters agree on fare reduction – Okonjo-Iweala

Analysts see Nigeria moving towards double digit growth

Fuel subsidy: Scarcity hits neighbouring countries

Property market ends 2011 with subdued demand, slow developments

Subsidy removal will support fiscal viability of Nigeria, says Peterside

Labour strike shuts down economy

Monday, January 09, 2012

Boko Haram has infiltrated government, says Jonathan

FG kicks-off agric revolution

Nation holds its breath ahead Labour strike

Friday, January 06, 2012

Interbank rate falls, liquidity level up

Naira falls against US dollar on strike fears

Interbank rate fall, liquidity level up

Thursday, January 05, 2012

MTN to spend $1bn on Nigeria network in 2012

Fuel subsidy removal supported from unlikely quarters

We'll invest Subsidy Funds profitably, says Kolade

Output resumes at Nigeria's Bonga oilfield - Shell

MTN to spend $bln on Nigeria network in 2012

Shell puts force majeure on Nigerian Bonny Oil

S&P revises outlooks on three Nigerian Banks to positive

Wednesday, January 04, 2012

Singapore’s Premier takes 40 percent pay cut

FG orders 1,600 buses, to pay civil servants January 20

Business cautions as labour threatens strike Monday

AMCON to focus on bad loan recovery in 2012

Naira gains versus dollar on oil firms Forex sales

Shell trying to plug second Nigeria leak

Tuesday, January 03, 2012

Shell tackles leak on Nembe Creek Trunkline

Labour yet to decide on petrol subsidy - Omar

Analysts say subsidy removal will build confidence in economy

Monday, January 02, 2012

Why FG removed fuel subsidy January 1

Nigeria to become dominant in Africa’s mobile payment market

Kolade heads subsidy reinvestment board

Nigerians fury as fuel prices double after subsidy removal

Sunday, January 01, 2012

Telcos not offering Nigerians real broadband, tariffs high

Govt, farmers set for massive food production, job creation

FG begins Lagos airport terminal expansion

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