Businessday Nigeria Archive for March 2015

Monday, March 30, 2015

Presidential Results As Released By INEC


Elections: Capital market operators project gradual equities rebound

INEC releases results in 8 states, FCT  

PRESIDENTIAL RESULTS: EKITI APC 120, 331 PDP 176, 466; ENUGU APC 14, 157 PDP 553, 003; OGUN APC 308, 290 PDP 207, 950; OSUN APC 383, 603 PDP 249, 929; Ondo APC 299, 889 PDP 251, 368; F.C.T APC 146,399 PDP 157,195;



Nigerian civil society groups, Us, UK raise fears of vote tampering

What is your No. 1 task for Mr. President-elect? – BusinessDay Polls

House of Reps: APC wins Ikeja, Eti-Osa Federal Constituencies

NCC asks court to stay execution on judgment over case with APC

PDP clinches Senate, House of Reps seats in Edo

INEC declares APC winner of Bosso/Paikoro constituency polls in Niger

I will respect the wishes of the people – Otu

Situation Room commends voters’ conducts, dedication during polls

APC wins 3 senatorial seats in Katsina

PDP posts sterling performance in NASS poll in Ekiti ahead APC

Electorate, security agencies applaud elections despite challenges

Jonathan loses in education, foreign affairs ministers’ polling units

PDP wins three House of Reps seats, APC one in Edo

Naira to stabilise amidst political uncertainty

Sunday, March 29, 2015

Power, corruption top priorities for next govt, say Nigerians

Elections present opportunity to reset Nigeria

International dimensions of the coming elections(2)

Singapore is too small for our ambitions

INEC to release election results today

Airlines cancel flights, lose N200m to elections

Nigeria needs a political settlement, and so a unity government

Random thoughts on the elections

Investing in treasury bills (2)

Preparing to secure a loan…

APC wins 2 federal constituencies on Lagos Island

Election holds at 20 polling units in Plateau on Sunday

Ban congratulates Nigerians on peaceful elections

Police arrest INEC officials, party agents over alleged electoral offences in Zamfara – AIG

Saturday, March 28, 2015

We are still here and it’s your turn to rule, so what’s your plan?

Despite initial hitches, peaceful elections recorded across Nigeria

Late arrival of electoral materials, card reader malfunction kill voters’ joy in Aso Rock

Top paid football managers in the world

Russian teapots pose next big threat to global crude oil prices

A self-help model of development

Yetunde Odugbesan-Omede, developing leaders, empowering women

April fool friend,not fiend

What really is it: Democracy, Nigerian democracy, or cabalocracy?

Nigeria remains Africa’s leading investment destination for Asian investors

Union Dicon post N12.10 million pretax profits despite moribund state

Polls: Jonathan pleads with Nigerians to be patient with INEC

Buhari expresses satisfaction with conduct of elections

Suspected Boko Haram elements attack Gombe – IGP

Kuffour lauds large turnout of voters

INEC extends election to Sunday

APC, PDP, others threaten not to sign result sheet at Ward 008 Lugbe, Abuja

Voting commences at Abuja unit 4p.m

Electorate vote under flooded booths at Oke-Afa, Isolo, Lagos

Peaceful conduct but late start at Isheri-Idimu area

Peaceful accreditation, voting recorded in Okota, Lagos area

Gunmen kill PDP chieftain in Osun State

Accreditation: Smart Card Readers shut out entire voters of 2 polling units in Bauchi

Security beefed up as polls kick off

Nigeria Presidential Elections Live Updates

Nigeria Presidential Elections Live

Friday, March 27, 2015

Military recaptures Gwoza, Boko Haram’s last throttlehold

Overnight lending rates up as CBN curbs liquidity

Transcript of President Jonathan’s Speech on 2015 General Elections

Divided north Nigerian city fears post-election violence

Naira gains as foreign investors sell $667m in Nigerian stocks in 2months

The bumpy road to Nigeria’s general election

2015 polls: The ides of March is here!

Confab seeks to unlock potentials in SSA upstream oil, gas

INEC won’t transmit results electronically – Jega

Election outcome could be spark needed to ignite Nigeria markets

Surging production, packaging costs compound Nigerian exporters’ woes

Kofi Annan, David Cameron urge free, fair, credible polls in Nigeria

Thursday, March 26, 2015

Investors target top wristwatch brands as store of value

African leaders fashion growth path, bemoan underdevelopment

Buhari’s past may bid him goodbye tomorrow

Nigeria hopes Tech can curb Legacy of Electoral Fraud

Standard & Poor’s good news on Nigeria

Which way will the world vote?

Like Venezuela, like Nigeria

X-raying UEFA Champions League quarter final draws

Children’s natural individuality

Shell reopens Nembe Creek oil pipeline

Total’s Nigerian unit says 2014 pretax profit down 32 percent

FG raises N98bn in Treasury bills at lower yields

MARKET WATCH: Dangote Cement , Seplat post fall in 2014 profit

Oil, Gas industry operators urge FG to deploy technology to check pipeline vandalism

Saipem close to signing joint venture with Nigerian partner

PDP alleges APC is in possession of master key for card reader

Shell sells OML 29, Nembe Creek Trunk Line for $1.7bn to AITEO

Utomi, others canvass innovative leadership for economic advancement

Fuel hoarding: Minister directs DPR to sanction erring marketers

Court dismisses joinder applications, fixes April 22 for hearing on Buhari’s certificate

Don’t allow repeat of 2011 violence, stakeholders urge Nigerians

Nigeria records highest Cocoa exports of N131bn

Wednesday, March 25, 2015

Nigeria to borrow $2bn from AfDB, W/Bank to support budget

Felted Thoughts: Predicting the NSE-ASI using neural networks?

Jonathan, Buhari and 56m PVCs in-between

Nigerians hopeful of credible polls

March for New Nigeria

Towards a violence-free election

Financial freedom…walking to the top

FSDH Merchant Bank posts 76.33% rise in PBT

Pre-election sell panic rubs off on Nigerian equities

Will Fed tightening choke emerging markets?

Naira steady, oil firms sell dollars

FG closes land, sea borders ahead of presidential elections

Sterling Bank 2014 pretax profit up 15.4%

Poor perception forces manufacturers to brand local goods ‘made in Asia’

Retail bankers to get own global professional body

Concern mounts as ICAO audits Nigeria’s aviation security June

Mobil Nigeria 2014 pretax profit rises 65 percent, raises dividend to N6.60

Chevron inks oil, gas production sharing contract in Myanmar

Tuesday, March 24, 2015

Post election investment rebound seen as CBN holds key rates

An important election

Why voter ignorance is rational behaviour  

Tales of the unexpected at NNPC and CBN

FG commits to resolving Geometric, EEDC, BPE issues over $500m project

OPEC halts global shale revolution

Peering into the Blackbox; Economic Management in Nigeria Post May 2015

NCC mulls cheaper Internet access, plans price caps on cable transmission

FCMB FY 2014 profit surges 38% despite macro uncertainty

Lee Kuan Yew (1923-2015)

FG to raise N98 billion in Treasury bills

Forte, Lafarge, Guinness drive stock market to positive start

Nigeria’s $36 billion construction projects leads West Africa in 2014

Dickson takes Jonathan campaign to traders, non-indigenes

Julius Berger Nigeria 2014 pretax profit falls 19 %

USAID pledges to boost cocoa production in Nigeria

Nigerians turn newsstands to debate grounds as elections knock

The power to save Rivers is in your hands – Amaechi

‘Presidential poll won’t determine guber election outcome in Oyo’

Ihenacho calls for removal of governors’ immunity clause

Supreme Court adjourns hearing on Brittania-U , Chevron, Seplat to May 18

IHS, Helios, ATC seek funds to upgrade acquired infrastructure

UN assists IDPs, releases $28m for relief materials

Nigeria’s bonds fall to all time low

Power minister commissions Omatek renewable energy at NSE

Monday, March 23, 2015

CBN gives boost to banks as new Basel timeline aids capital raising

Nigeria’s indigenous space capability devpt as a key growth driver (1)

Government offers 14 licenses in 2.6GHz spectrum auction

In defence of the constitution and our nation  

Seven Energy begins supply of 25 MMcfpd natural gas to Notore

Ten things to keep in mind as Nigeria votes  

High production, borrowing costs dent Champion Breweries bottomline

Bola Tinubu and the Bribecode (1)

Financing education for all

Companies should be innovative when it comes to marketing on the African continent – DHL

Making LPG affordable

Breaking down the recent bank earnings

Equities markets before the election

Foreign exchange reserves fall to $30.01 billion

10-member Commonwealth observer group in Nigeria to monitor elections

Obama talks to Nigerians, demands violence free elections

FCMB says 2014 pre-tax profit rises 32 per cent

The Economics of President Goodluck Jonathan’s Administration

Elections to hold as scheduled, Jonathan insists

Dangote increases petroleum refinery capacity to 650,000bpd in 2017

Sterling Bank boss, ‘Yemi Adeola, bags top CEO award

World Bank Group launches ‘Lighting Africa’ program in Nigeria

S & P downgrade priced in as elections expected to drive sentiment

Rivers deputy governor defects to PDP

Inter-bank rates to rise as demand for election funds deepens

Ogun: Arewa youth forum expresses lack of confidence in Amosun’s re-election ambition

First Bank to support Public private Partnership to promote Nigeria industrialisation

NEMA organises sensitisation workshop in Enugu over elections

BusinessDay collaborates on MEAFRIC investment Roundtable and Awards

2015 polls: Commission demands accountability from the police

Cornerstone Insurance, Super Geeks partner to launch Nigeria’s first gadget protection plan

Sunday, March 22, 2015

International dimensions of the coming elections(1)

Buhari or Jonathan: Whoever wins this week, don’t clink glasses

Early earnings report shows banks cutting costs

Insurers move to block billion naira leakages in marine business

March 28, 2015 – Read this before you vote

A residual funding gap after the many fiscal measures

Why the poor needs insurance most

PZ Cussons Nigeria 9-month pre-tax profit down 23%

News items and home hurts

Analysts say PACAM Balanced fund offers investors portfolio diversification

Saturday, March 21, 2015

Is it possible the dollar will only get stronger?

Political uncertainty, lower oil prices delay Oil Sector Reforms

Agriculture bears 22% of disaster impacts in developing countries – FAO

The Lagos of my dreams

Reduced income tax credit pushes Afren oil’s Q3 profit by 30 percent

How to calculate your financial net worth

Vocabulary; a business solution

Lessons from Cote d’Ivoire

Rest in peace

Election to spur Nigerian yields on bonds

With iCow and M-Farm, smartphones reboot African agriculture

Friday, March 20, 2015

Interbank rates ease on government budget cash flow

Unity Bank declares N13.63 billion pretax profit

PZ Cussons Nigeria to pay interim dividend of N0.20 naira per share

Nigeria Boko Haram victories may not boost Jonathan in poll

US shale oil firms brace for more pain as crude resumes slide

My husband will not jail you, Buhari’s wife assures Nigerians

UN pledges to support Nigeria to achieve peaceful elections

Thursday, March 19, 2015

United Capital FY 2014 profit plummets 12.54% on increased OPEX

2015 election and the amalgamation of militants

Nigeria to post N2.4trn current account deficit in 2015, says EIU

Doctors for sale

What if a parallel government is formed?

Missing $20bn: Sanusi got it wrong again, says NNPC

Remembering Molade Okoya-Thomas (1935-2015)

Nexim Bank: Empowering President Jonathan’s Trasformation Agenda

What manner of miracle?

Art auctions rake in N224.8m in 2014

Bancassurance gets boost as CBN releases guidelines

Piloting Qantas to profit

Boost in productivity needed to transform Nigeria

NCC to auction 2.6GHz spectrum in May, says Juwah

FG revenues fall 2 percent on low oil prices

FG sells N167bn in T-bills, yields fall

Shell closes Bonny Light’s Nembe Creek oil pipeline for works

Wednesday, March 18, 2015

For Jega, the hour of reckoning draws near

Nigeria takes first step to open railways to private sector

Supporting the true ambassadors

SBL, General Counsel bond over dinner

Dangote Group expects $9bn refinery to start 2017

All the allegations against Buhari are completely senseless -BANIRE

Profit booking moderates gains to bears’ side

Courteville records 13.73% rise in profit despite shrinking margins

Lagos financial hub dream elusive as Nairobi, Johannesburg retain top spot

Boko Haram squeezed as Nigeria offensive gathers pace

We protested against Jonathan’s inept administrative style – Tambuwal

2015 Polls: Group urges prayers for national peace

Cameroon robusta coffee exports rise to 1,669 tonnes by end-February

Ebonyi LP formerly adopts Jonathan, wants Elechi to take message to President

CPMI, IOSCO begin review of stress testing by central counter-parties

Seplat, Zenith, International Breweries, others drive equities N126bn loss

Election must hold on March 28, NPAN insists

It is reckless to criticise Nigeria’s military – Jonathan

Finance to dominate agenda at Conference of Ministers in Ethiopia

Manufacturing, agric key to Nigeria’s economic growth, says industrialist

Senate abandons 2015 budget, adjourns till March 31

Egypt, Arabtec near agreement on $40bn housing project, says govt

Getting started with Ti-konCar Tracker

Tuesday, March 17, 2015

Shell gives conditions for new investment in oil, gas sector

The economics and politics of uniform fuel pricing

Nigeria awaits 10 new auto plants as FG says policy on track

SMEs count cost of naira devaluation at BusinessDay forum

Higher education and Africa’s social and political progress

Access Bank FY profit climbs 18% on improved interest income

FG reduces electricity tariffs as presidential poll draws near

How to manage your debts through proper planning

Mauritius Commercial Bank to bolster African expansion

Nigerian rural farmers yet to explore mobile money through SMS

Nigeria, Ivory Coast seek to emulate Senegal’s sukuk success

Dangote’s $9bn refinery to begin production in 2017

Inflation accelerates for third straight month in Feb

IFC lends $175m to GT Bank

African Mega Projects surge 46% to $326bn in 2014, Deloitte Construction Survey shows

ZENITH BANK: Improved earnings driven by deposit and loan growth

Nigeria’s foreign direct investment rises 41% q/q in Q4 2014

Nigeria’s m-commerce market surges on mobile subscriber base, internet growth

Citibank Nigeria commemorates global money week 2015

Nigeria Stocks fall most in a month as polls loom, oil falls

2015 elections: Nigeria needs change because people are suffering – Onaiyekan

Internal auditors of banks to discuss future of banking in Nigeria

Monday, March 16, 2015

Ethiopian Airlines favoured as partner to new national carrier

Pulling Nigeria out of poverty: Lessons from Forbes list of richest Africans

APCON Reform: All eyes on new chairman

Bureaucracy stifles Nigeria’s virtual university strategic participation

Greed – A catalyst for blurred vision of leadership

Stakeholders vote for value as FG prepares to appoint SEC-DG

Nigeria’s super wealthy to rise 90% by 2024

UK pensions outperform inflation over past 50 years as Nigerian PFAs struggle

Dangote’s $400m Zambian plant to produce first bag in two weeks

Britain in the wilderness

Investing in treasury bills

Lagos, Vision 2025 and visionary leadership

Naira trades in tight spread as oil firms sell dollars

India’s refiners restock with Nigerian, Angolan crude ahead of SPR launch

Access Bank posts 20 per cent rise in 2014 pretax profit

NAFDAC enlightens SMEs on product registration

New MTN appointment to focus on SMEs

MSMEs get funding relief as banks pledge bigger support

Mothers’ Day: Jonathan promises greater affirmative action for women

Accessing N220bn MSME Fund – Useful information for banks and entrepreneurs

PenCom mulls multi-fund structure for PFAs to spur risk

Nigeria to ride on Israel’s expertise to boost agric sector

BusinessDay conference to explore ways SMEs benefit from currency devaluation

I will alleviate plight of pensioners, says Buhari

INEC says fire on facility won’t affect polls

Sunday, March 15, 2015

Paucity of funds derails FG’s single digit interest car purchase scheme

Politics and the crisis of legitimacy

On values and interests in politics    

REITs market in positive outlook as investment interest in stocks, others dims

Shagari and the counter-narratives

Nigeria’s current account deficit may widen on oil

Experts see integrity, branding as biggest start-up drivers

Undertaking a comprehensive financial plan

Manufacturers shift focus to improving organisational practices

Vitafoam set to play in automotive industry

Saturday, March 14, 2015

They are taking their money to places less mysterious

2015 Formula One: Will Hamilton dominate as season begins?

“This is Nigeria! . . .” (2)

Bank HoldCo’s may rally on PFA buying

Naira plunge, Security key issues as elections draw closer

GREIF succumbs to headwinds as Q1 profit falls 82 percent

Politicians turn to social media for votes, as govt considers controls

Listen, learn and lead

Improving education access through e-learning

Adeyinka Akinbami, The distinguished chemical technologist with outstanding accomplishments

Friday, March 13, 2015

Driving RB’s cost-cutting, innovation strategy

Gombe state sells N5bn bond at 16 percent yield

Standard & Poor’s places Nigeria’s Seven Energy on negative rate watch

APC, Amosun destroy over 40 campaign billboards of Jonathan, others – Isiaka alleges

Guber 2015: Why Abia needs Ikpeazu

Jonathan has stayed on track despite challenges – Nwosu

Nigeria enters deal for LNG supply to Cote d’Ivoire, gas to Ghana

Lafarge Africa says 2014 pretax profit down 36 pct

How informal sector helped boost 2014 job creation

PDP marketing Jonathan’s achievements poorly, says Adeniran

Jonathan assures Ogun, Lagos, Bayelsa, Akwa-Ibom of deep sea ports

Afren signs agreement for interim funding

Buhari accuses FG of spending $20bn to generate only 4000 megawatts of electricity

Thursday, March 12, 2015

Oil, politics, Boko Haram elevate Nigeria’s risk in 2015

That attack on Alex Otti’s convoy in Abia

Hotels raise security spending by 15% of profit

Learning by doing

Evolving paradigms in contemporary brand communication

Nigeria’s tourism potential

Insurance to leverage $105bn growth potential in auto policy, oil, gas

Innovative products spur Prudential Registrars to growth

Bringing 20 million self-employed, informal sector workers into CPS

FCAM highlights opportunities in its investment products

Lagos Water Corporation needs N689.5bn to execute water master plan

Buhari pledges to harness Nigeria’s gas resources if elected

WORLD BANK: 20 % of its intervention in Africa devoted to education

Nigeria, Gambia sign MoU to promote trade, investment among women

NNPC renews, extends pipeline protection contract to host communities

Afreximbank provides credit worth $48m to African factoring companies in two years

Anambra govt launches N16bn tomato, cassava plantation

Emerging Capital Partners names Seyi Owodunni as MD Nigeria office

Custodian and Allied In- surance plc rallied from N3.8 to N3.98, adding N0.18. UBA Capital plc, In- ternational Energy In- surance Company plc, Transnational Corpo- ration of Nigeria plc, United Bank for Africa plc, and Guaranty Trust Bank plc were the ac

Stock market pauses rally as investors take profits from recent gains

EU, CPC collaborate to tackle consumer abuse, exploitation

Oyedepo, Covenant University laud Diamond Bank

NLC moves to redeem image, goes to polls today

Islamic insurance in upbeat outlook as regulator sets up advisory council

Jonathan hinges recent military successes on new equipment

Senate, Reps adopt $53 oil benchmark for 2015 fiscal year

2015: Ignore terror alert, US congressman urges Nigerians

Senate confirms Obanikoro, 7 others as ministers, APC senators stage walkout

FG raises N91bn in bonds at higher yields

Buhari to repeal Nigeria’s anti-gay law if elected, PDP alleges

Wednesday, March 11, 2015

Low rural usage costs Nigeria N6trn mobile money transactions

Banking stocks to drive equities further high

Gbagbo, general elections and the Ides of March

Transformation and change – for whom?  

Middle East, Africa PC market posts quarterly growth

Resort Savings interest income falls 49.09%

KPMG tells Nigerians to prepare for ‘more aggressive tax’ regime

Bank customers anxious over illegal transactions on domiciliary accounts

Sharing Zenith Bank’s growth testimony with shareholders

Rents for retail space to remain stable as increasing supply set to meet demand

Early banks earning update

Senate confirms Obanikoro, 7 others as ministers; APC kicks

Senate confirms Musiliu Obanikoro

Conoil, Nigerian Breweries, GTBank stocks rally most

Give Jonathan benefit of doubt – Abdusalami

Global money week: FirstBank promotes financial literacy

Food Concepts partners Pioneer Foods South Africa

Lagos transportation gets boost as Stanbic IBTC finances acquisition of buses

Deepening technology penetration seen changing real estate economics by 2020

Senate approves committee report on Electoral Act 2010 Amendment Bill

Senate hails military for successes recorded against Boko Haram

Jonathan appoints Akau new SURE-P chairman

Tuesday, March 10, 2015

Retirement savers lose as pension funds fail to beat inflation

Season of distemper

FIRS online payment initiative: New move boosts voluntary tax payment

Terminal operators’ revenue erodes 58% over low import volume, naira devaluation

Is the recurrent budget always unproductive?

The undue influence of money in politics

Budget 2015: Matters arising (1)

Towards investment promotion

Foreign realtors ride on devalued naira to increase investment portfolio

Twelve die in Boko Haram raid on Ngamdu Town in Borno state

Why companies may need to implement new security architectures in a cashless society

Nigerian stock market gains N50bn

PVC collection continues till March 25 says INEC

Clark takes Jonathan’s re-election campaign to Obasanjo’s Abeokuta home

FG to pay fuel marketers $158mn to prompt resumption of gasoline imports

Monday, March 09, 2015

States to default on salaries as FAAC allocations shrink

Nigerian military, security and politics

Dearth in TCN capital expenditure severely crimping power privatization gains

FG lays out $300bn investment plan for telecoms expansion

GTBank records profit growth amid tight regulatory environment

Budget deficits and Nigeria’s ‘begging bowl’ approach

Surviving tough times: The power of awareness (2)

Professional bodies, corporate drive infrastructure investment in higher education

Auditor fee sharing crippling quest for new Nigeria

GREIF’s profit surges amid operating challenges

Signs to show you’re having financial challenges

Chad, Niger troops eject Boko Haram from Nigerian towns

Terminal operators’ revenue eroded by 58 %, says Association

2015 polls: Group urges politicians to rise above hate speeches

Benue SDP guber candidate unveils mission

Abia APC in disarray, as deputy gubernatorial candidate defects to PDP

Ambode in renewed LG tour, promises consolidation on progress in Lagos

Buhari restates commitment to empowerment of women

50 firms ready for power licence by December

Stakeholders see robust PPP in education hubs deepening human capital development

FG issues 90 days ultimatum to private jet owners to regularise operations

Fashola switches on 8.5 megawatts Lekki Peninsula IPP

AUN president urges partnership between govt, private sector for education growth

Jonathan in closed door parley with Abubakar, Mbeki

Naira to stabilise on back of anticipated capital inflow

Sunday, March 08, 2015

How healthy are Nigerian banks?

Corruption stalls mega gasfields in energy starved Nigeria

Stocks gain N316bn as corporate earnings entice investors

Reflections on Africa and the New Europe

Nigeria’s patrimonial politics and diffident presidents

EKO Electricity Company to improve supply in three weeks

Telcos seek better tax regimes to lower cost

Auditors, ratings agencies, breaches and penalties

Nigeria and lessons from Uruguay

Building a savings culture habit

Chad, Niger launch joint offensive against Boko Haram in Nigeria

Again, INEC extends PVCs collection by 2 weeks

Saturday, March 07, 2015

Where is the PwC full report on NNPC?

Women-simply indispensable in management and on Boards!

Are men really from mars and women from venus?

On deployment of soldiers during elections

Nigerian banks to face rising uncertainties in 2015

Telecoms sector value-add to top N1trillion by 2015

Nestle Nigeria Plc: Thriving amid macro headwinds

Orji and new meaning to governance (2)

SMEs spur e-commerce marketplace amid broadband, cyber security woes

Yejide Omotayo: Pursue an idea until it creates value and impact

50 killed, 36 injured in Maiduguri blasts

Friday, March 06, 2015

Interbank rates rise on tightening liquidity

U.S. restates commitment to boosting Nigeria’ food production

With $1.8bn net worth, Folorunsho Alakija makes Forbes world billionaire’s list

Mixed fortunes blur idea of Africa’s collective ‘rising’

Escravos Lagos Pipeline System destruction: FG to lose N2.5bn in 21 days

CBN to issue $5bn in T-bills in Q2

How the agricultural transformation agenda is changing the status quo

INEC denies RECs’ plan to pass vote of no confidence on Jega

Budget defence: Senate hits hard on SEC

West African capital markets to be integrated Q1 2016

Edem Duke asks APCON to lift advertising standards

Reps adopt N4.4trn expenditure for 2015, $54 oil benchmark

CITN foresees narrow revenue flows from luxury tax introduction

Nigeria’s refineries ready for optimal utilisation 2016

Naira value picks up after depreciating 15.15% in two months

Forex reserves down 9% month-on-month to $30.87bn

Buhari returns from UK, refutes reports on failing health

Nigeria, emerging markets set to rally as European Central Bank begins QE Monday

Beleaguered Afren looking to China for salvation

Thursday, March 05, 2015

Nigeria’s comedy business rakes in N50bn yearly, say analysts

The new rude

The day Man City lost the EPL title to Chelsea

Enamelware records low-profit margin on increased cost

A creative touch

Cabinets of curiosity

A passionate leader

Power sector hindered by gas, credit as blackouts spread

Only the President, Senate can tell Jega to leave – IVEC Chairman

Retired teachers’ protest exposes Ajimobi’s lies, deceits – Makinde

‘Petrolog’s huge impetus stems from FG’s local content policy

We will not tolerate violence against our party – Ladoja tells APC

Why Nigeria power reform is challenged

Opposition politicising Oyo workers’ salaries, pension payment – Commissioner

Naira firms up across FXmarkets on back of CBN policy

Court orders INEC to register new party

Banks open $500m LOC for oil marketers

FG boosts automotive plan, approves 11m Euros for testing labs

REPORT – IMF Executive Board concludes 2014 Article IV consultation with Nigeria

2015 budget: Senate directs NEMA to ensure even distribution of funds

FG sells $1.3bn in T-bills at higher yields

Wednesday, March 04, 2015

Nigeria needs MTN as firm pays N176bn in taxes despite challenges

Mo Ibrahim Prize and the Nigerian leadership question

Insurers restructure assets to boost liquidity, solvency margin

Concerns over Jega strengthen case for stronger institutions – analysts

NBA inaugurates Rules and Practice committee

Chevron assets: Did the Supreme Court rule against any party?

Nigeria’s history today (2)

Planning to move, use these tips to save money

Fani-Kayode’s flurry of fictions

Energy costs, cheap cables crimp Cutix growth prospects

Naira closes flat in thin trade

Naira stabilises across markets driven by CBN’s intervention

Performance should be yardstick for reelection, says Fashola

Request for suspension at instance of issuer: NSE defers effective date

FMDQ berths with e-Markets

Nigeria’s growing mortgage sector faces some challenges

Nigerian stocks gain N111bn as oil price rises

CBN’s cashless policy shows ‘change is possible’ in Nigeria (2)

SEC ups capital market transparency with new anti- corruption unit

2015 polls: Appeal court clears Jonathan to contest presidential poll

FG to raise N95bn in bonds

Fidelity Bank disburses N80m to beneficiaries of N220bn MSMED fund

MAN petitions NERC over electricity tariff increase, estimated billing

Ebonyi PDP crisis: Jonathan meets Elechi, Umahi, others

Accounting for decommissioning obligation

Olam provides N536m interest free finance to Nigerian farmers

SEC tightens checks as criminals take to capital market for illicit financing

Oil hedge helps Oando prepay $238 million in debt

12 percent increase in Nigeria revenue boosts MTN’s FY earnings

JPMorgan Treasurer Craig Delany to step down

Debt-laden Afren will not make $15m interest payment on 2016 notes

Tuesday, March 03, 2015

NNPC faces new AG query over N2.3trn illegal ECA deduction

The battle for short-term growth in oil, gas industry

S/African investors feeling heat of Nigeria’s economic pain

An open letter to handlers of presidential and governorship candidates

Oil palm industry beckons to private investors

The contest for Abuja (5): Policy implications

Africa private equity deal, fundraising surge in 2014

Reprieve for market as TAF unveils platform to grow domestic actuaries

US firm boosts Nigeria’s mortgage sector with $1bn

Survey sees countries reluctant to broaden tax base

Agbakoba urges FG to appoint minister of maritime

Senate summons NNPC to defend budget

Fuel shortages hit Nigeria as currency woes hurt importers

Boko Haram releases beheading video

Barclays Africa says applies for Nigerian licence

BlackBerry unveils new mid-market Leap smartphone

Nigeria, others are “highly vulnerable” to Ebola-style epidemic, says group

Nigeria’s response to climate shifts attracts US$30m World Bank support

AfDB support for climate smart initiatives swells to $2.1bn

Monday, March 02, 2015

Nigeria drives Africa PE deals as focus shifts from S/Africa

MTN fires fresh shot in voice pricing

E-retailers turn to micro SMEs for growth as competition thickens

Obasanjo: Demystifying and denigrating the office of the president

Continental Re set to advance African insurance development road map

Dangote, Adenuga, Otedola, Alakija make Forbes 2015 richest list

CBN stuck defending naira as insider forex deals flourish

Political uncertainty slows power sector investments

Ecowas dominates Nigeria’s non-oil export with $350m intake

‘Technology to drive multi-billion naira media of the future’

Lack of policy framework stalls huge outsourcing prospects

Need to revive the oil palm industry

Nestle Nigeria slows capex as consumers feel devaluation pinch

NUPENG urges intervention of Okonjo-Iweala, NNPC in fuel crisis

FG creates 1.4 million jobs in 3 years, says finance minister

Forbes 2015 World Billionaires List: Dangote leads Africa despite drop in assets

Naira gains on dollar sales by oil firms

Military kills several Boko Haram militants in attempt to re-take Konduga

Why Nigeria’s restive oil region will only accept Jonathan

Meat consumption rises 60% in four years in Lagos

Agbakoba to Presidential candidates: Look beyond election victory, focus on challenges ahead

We have achieved 78.93% distribution of PVCs – INEC

FreeLagos Movement endorses Jonathan/Agbaje, set to mobilise 5m Lagosians

We are lifting people from poverty through empowerment – Chime’s aide

Naira may stabilise as banks meet CBN’s dollar demand cut-off time

Dangote Cement appoints new CEO

Microsoft partners BusinessDay on Top 25 CEOs Awards

Seplat, UAC, PZ beat other large cap stocks year-to-date

Afren gains another extension on debt payment

Indian rice exports to plunge as Thailand offloads stocks

BlackBerry to broaden its cross-platform strategy

Sunday, March 01, 2015

CBN plans fresh measures to sanitise forex market

Cost pressures crimp builders’ growth

Unions withhold support as Chevron pushes on with assets sale to Seplat

Industrialisation, jobs and the future of Nigeria           

New funding sources open for entrepreneurs

68.3% of Nigerian roads in terrible condition says 2013 NIIMP report

The military’s past, present and future  

Nigeria’s besieged naira

Education’s changing profile

International Monetary Fun(d)!

Saturday, February 28, 2015

Nigeria’s hazardous cracks

Erwin Boateng, The US Marine changing lives in Africa one step at a time

Erwin Boateng, The US Marine Corp changing lives in Africa one step at a time

The impact of plummeting crude oil prices on company finances

Capital One Cup final: Can Spurs upset Chelsea?

Tolu, the toast master!

Orji and new meaning to governance (1)

EEDC and commitment to improve service delivery

Let’s play Ostrich…

Red Star Express Plc: Unlocking the opportunities in the Nigeria courier industry

The pleaser 2