Businessday Nigeria Archive for May 2015

Friday, May 29, 2015

Buhari orders military central command to relocte to Borno

President Muhammadu Buhari vows to crush “godless” Boko Haram

Inaugural speech by President Muhammadu Buhari at his swearing -in on May, 29, 2015

Buhari sworn in as president

Court upholds DStv’s 20 % increment on subscription

Afren secures additional debt funding

AfDB worry over Africa’s energy shortage

Adesina, Nigeria’s agric minister is AfDB president

High expectations as Fashola exits for Ambode today

Thursday, May 28, 2015

Oil crunch, Boko Haram war, power cuts welcome Buhari

You could have made things difficult – Buhari praises Jonathan

10 pointers for the new Nigerian leadership

Jonathan, a good man betrayed?

Moving from party to party for lucre is militancy against Nigeria’s political stability

The face of tomorrow

Computer Warehouse Group posts N230m losses in 1Q 2015

Oshoala, the Nigerian, African soccer queen ascends the global stage

Again, Buhari goes to school

Glo, FAAN launch airport ultra-high speed Wi-Fi

Fashola (2007-2015): He came, saw and grew grey hair

A new dawn

A strategic focus on the US

StanChart to boost global retail business -exec

Foreign exchange rise to $29.6bn by May 27

More Nigerian professionals in Europe than in Nigeria, says EU

Do n ot be a victim of fuel fraud

Skye Bank appoints four executive directors

Nigeria to save $400m forex as Candel agrochemical plant comes on stream

Nigerian oil firms hope for life without subsidies

Skye Bank plans N30bn Tier 1 capital raising in Q3 for business expansion

World’s top 100 brands now worth $3.3trn to businesses

Jonathan signs Tobacco Control Bill, five others into law

Insurers mull terrorism, political risk pool to enhance investor confidence

NUPENG, others insist on removal of subsidy

If you must probe, probe past administrations too, Jonathan tells Buhari

The return of easing in 2016 – FBN Capital

Wednesday, May 27, 2015

Nigeria reels in darkness from bizarre NPDC workers strike

Hasty international divestments confirmed oil sector lost its allure

The big fix for a new president

Jonathan signs controversial bill for two power regulators

FirstBank GMD Onasanya bows out December

Unilever profit drop highlights consumer firms’ woes

Seven Energy’s quest for Nigeria’s gas resource development

For Jonathan, it’s farewell to melancholy secures $1.2m investment for expansion

Economy in transition (3)

Nigeria loses $25bn in oil sector to uncontrolled weights, measures annually

NSE All-Share Index appreciates by 0.17 per cent

PENGASSAN, NUPENG threaten strike if OML divestment not reversed

Fuel Scarcity: Frozen foods worth N10 million destroyed in Ijora

Ciroma resigns as NIWA’s MD

10.5m children out of school in Nigeria, says ActionAid

The unceremonious exit of a political juggernaut

CBN reviews applications for N300bn real sector support facility

Lagos switches on 12 megawatts IPP at Lekki free trade zone

Oil workers calls off Halliburton strike

CBN yet to disburse N300bn real sector fund

Oando Nigeria plans to truck compressed gas to industries

Niger Delta group shuts Agip oil facility over job disputes

Portland Paints records impressive profit growth of 159%

C&I Leasing targets additional capital through rights issue, public offer

Stock market rises by 0.43% as Forte, Dangote Cement, Nestle gain

Jonathan commissions Defence Intelligence Agency’s dialysis centre

MIPAN set to honour patrons

Glo, FAAN launch airport ultra high-speed Wi-Fi

Confab report still useful, Jonathan tells Buhari

Fuel scarcity: We’ve 1bn litres of PMS to last 24 days – NNPC

IFC, Ecobank launch $110m facility for West, Central Africa’s SMEs

Tuesday, May 26, 2015

Buhari faces task of reviving resource-based industries

Diezani era saw explosion of rent seekers, cronyism

Over N30bn pension overhang limits FAAN’s services – Chidoka

NNPC: What they don’t want you to know (2)

Nigeria’s scapegoat

Toyota tops Nigeria’s import chart in 2014

Fuel scarcity: Nigeria can borrow a leaf from Saudi Arabia

Lagos electricity situation mirrors Nigeria’s power dilemma

Ethiopian PM commissions Dangote’s $480m Ethiopia cement plant June 5

The PATH to sustainable economic development in Nigeria

‘Cyberharam’: Can Nigeria prepare for the next generation of terrorists?

Court orders NDLEA to vacate senator-elect Kashamu’s residence

NSE close on impressive note after weeks of recorded losses

NUPENG shuts down Halliburton operation over job cuts

Fulani herdsmen kill 96 in Benue

President Jonathan approves establishment of Enugu Free Trade Zone

Banks resume normal services after fuel scarcity

SME operators bemoan inability to access FG’s N220bn bailout fund

Fuel crisis hampers port operations, says STOAN

APC denies zoning Senate Presidency, Speaker to North-Central

MTN services still impacted despite end to fuel strike

Foreign investors pull N30.11bn out of Nigerian equities YtD

Haliru Bello emerges acting PDP BoT chair

AMCON recovers 57% of bad debts bought in crisis

Insurers target global competitiveness on back of Africa’s rising growth potentials

Fashola signs Lagos health bill into law

Supreme Court gives FG, National Assembly 48 hours to reconcile on constitution amendments

Nigerian stocks retreat fifth day as fuel crisis hits companies

Fuel scarcity shuts down public lighting in Lagos

PwC sees Nigeria’s economy growing despite fall in oil prices

Monday, May 25, 2015

Mismanagement in Nigeria draws huge oil FDI to Angola

Hope for fuel rises after economy loses N2.4 trn to strike

GE in talks with Buhari administration on Nigeria infrastructure roll-out

Memo to Muhammadu Buhari, president, C-in-C-elect (1)

Vicious circle in coastal shipping (1)

Buhari: A new set of values

Nigerian firms under pressure to sharpen employee skills’ retention

Constraints in emerging markets seen as opportunity for innovation – GE

Ecobank profit surges 179 percent on diversified business model

Dentsu Aegis Network acquires equity stake in Nigeria’s Media Fuse

Stakeholders hinge education growth to strategic youth empowerment

Akinwumi Adesina rounds of AfDB presidency campaign

Fuel Scarcity: Black marketers source product from Cotonou

NRC reduces Ogun-Lagos rail shuttle over fuel scarcity

CPC to collaborate with APCON to protect consumers’ rights

Fuel marketers end strike

FG, oil marketers sign agreement to end fuel scarcity

Fuel shortages hit telecoms, banking and aviation

MOMAN engage all stakeholders to resolve ongoing fuel scarcity

Africa’s GDP growth seen at pre-economic crisis levels, says AfDB

MTN says Nigeria fuel shortages disrupting services

How Buhari can reposition NNPC for efficiency, transparency, by PENGASSAN

Naira to remain stable as new govt policy shapes exchange rate

Toyota to set up assembly plant in Nigeria

PenCom to release new investment guidelines for over N4.6trn pension assets soon

Capital Oil and Gas dares petroleum tanker drivers as trucks load fuel

Iran mulls setting up auto spare parts plant in Nigeria

Fuel scarcity bites harder, a litre now N400

Sunday, May 24, 2015

Persistent oil sector contraction exposes years of mismanagement

Deconstructing Diezani, Nigeria’s outgoing petroleum minister

Nigeria to pay over N1.8bn severance package to exiting Federal law makers

Telcos demand greater board representation on universal service fund

Recovering our stolen funds

Buhari: When managing expectations is an anticipatory breach

WSTC Financial Services gives contrarian perspective to CBN’s new CRR

Prestige Assurance strategises to deepen presence in domestic market

Good corporate governance – ultimately a matter of choice

BoI to disburse N310bn to MSMEs in 5 years

NEM Insurance profit climbs as stock surges

Visualising your goals for financial success

Saturday, May 23, 2015

Buhari, tell your ministers and men, deliver or jail

Citizens wait on Buhari as Nigeria’s economy shuts down

Hamilton, the £100m F1 driver

Glaxosmithkline Consumer Nigeria profit falls on rising Opex

Seplat’s flagging profit raises concern over rising input, borrowing costs

Before you present in a business meeting

Nigerian artists dominate global art auction, as new record is set

FIFA clocks 111yrs amid Blatter’s re-election controversy

Tobacco Control Bill: Legislators must reject latter-day interference

Okonjo-Iweala: A hero or villain?

Friday, May 22, 2015

FG raises N111bn in T-bills

Yields on Nigerian bonds to rise

Youths shut down crude oil production at OML 29 in Nembe

Interbank rates dip as retired T-bills boost liquidity

EFCC re-arraigns 3 oil marketers over N1.1bn subsidy-fraud

Trading in imported used clothes booms in Ikorodu, Lagos

Economy threatened as fuel crisis worsens

Shareholders of FBN Holdings approve dividend pay-out, bonus issue of 1 for 10

Analyst identifies drivers of investor sentiment in Nigeria

Seplat, Guinness, Nigerian Breweries, others drag equities further south

FCT to spend N174bn in 2015

Buhari laments lack of cooperation from FG’s transition committee

Senate probes fuel scarcity

Nigeria’s GZ Industries to buy Frigoglass glass operations for $225m

Why Wings, Bristow aircraft, others crashed, by AIB

Enugu govt identifies lack of knowledge as major challenge to SMEs

CBN grants FBN Holdings merchant banking licence

Thursday, May 21, 2015

Banks to surpass Q1 positive outlook on back of new CRR policy

Construction industry capacity drops below 30% over FG’s N500bn debt

Lagos in renewed effort to woo investors in N71bn airport

CSCS, CDSC, Africlear to co-fund Africa wide financial markets infrastructure

Signposting the Diezani Alison-Madueke years

Fan mails

Treble chasing Barca, Juve vie for Europe’s ultimate prize

FTSE, Stanbic IBTC develop Nigeria IPF Benchmark

Saudi Arabia, partners turn down Chinese requests for extra oil

The puzzle of liberal democracy

The scam of fuel subsidy

Nigerian democracy needs a robust opposition

Why FG must fund its Joint Venture equity stakes

Stanbic IBTC Bank signs MoU with IE Business for education financing

Fashola inaugurates Nigeria’s only agrochemicals manufacturing plant by Candel

NNPC $20bn scam: Alison-Madueke sells NPDC to escape probe, striking unions allege

Removal of oil subsidies to be painful, says Sahara CEO

SEC suspends BGL from all capital market activities

Blair asks Buhari to crack vested interests in NNPC in 100 days

Sell pressure pushes YtD returns to red zone

PENGASSAN urges declaration of state of emergency in oil, gas sector

APC government to inherit $60bn debt from Jonathan, says Osinbajo

FG upgrades four colleges of education to universities

New law to enable pension contributors access mortgage using RSA balance

Wednesday, May 20, 2015

Nigerians to contend with disruptive TV signals in June

FRC board moves to right Obazee wrongs

Shrinking space, regulation push brokers out of business

Economy in transition (2)

“An enabling environment  with pro-business regulators will provide a competitive advantage in attracting investment flows…” SBL Chair, Asue Ighodalo

Consolidating Fashola’s successes in Lagos

Market sentiment weak over uncertain broader economic policy direction

SMEs driving innovation in Nigeria – GE report

SBL countdown: Meet the speakers…

Economic agenda for the new government (2)

Dear governors, where is our money?

At last, Mua’zu resigns as PDP chairman

Bonds yield up on new cash reserves rule

Economists urge govt, stakeholders to leverage renewable energy to boost efficiency

Sacoil terminates joint venture with Nigeria’s Nigdel United Oil Company

Fuel: Depot owners, NUPENG see worsening supply ahead

Gown-town relationship, key to Nigeria’s economic growth

States yet to access N41bn UBE funds

IFC, SECO introduce Africa corporate governance programme to Nigerian businesses

Tiger Brands’ Nigerian arm hit by naira weakness

Governors ask Okonjo-Iweala to account for $20bn excess crude account

Ghana’s opposition draws inspiration from Nigeria vote win

Pressure on naira expected as CBN harmonises CRR to 31%

Tuesday, May 19, 2015

CBN embarks on tactical monetary policy easing

Nigeria’s OTC market to make foray into interest rate derivatives

Intercellular stages comeback move as Telto Group acquires stakes

Policy prescriptions  

Planet Capital leads Fidelity Bank issuance of N30bn bond

Case for petroleum subsidy removal in Nigeria (2)

Economic agenda for the new government (1)

Reforming the unreformable – the unfinished business

Oil price recovery gains hindered by Nigeria’s stranded cargoes

‘We have to focus on greater collaboration to cope with slide in oil prices’

Buhari and cost of governance

Lafarge Africa consolidates for competition, lures shareholders with N16bn dividend

Taking 60% profitability story of Accion MFB to other states

Exhibitors jostle for space as Osinbajo speaks on Buhari housing agenda at AHS

Ghana Oil Company set to dominate downstream

Boko Haram bomber kills six at cattle market

Foreign exchange reserves rise by 1.05 per cent by May 15

Yari emerges NGF chairman as Amaechi bows out  

Yale University honours Okonjo-Iweala with doctorate degree

CBN amends commercial agric credit scheme guidelines

Nigeria’s first sugarcane bio-factory begins operations

Caverton donates N10m, partners sickle cell foundation

Buhari may succumb to Eurobond lure as yields plummet

Dollarisation: Banks peg domiciliary account balance at $10,000

Analysts okay Nigeria, South Africa, Kenya plan to cross-list more ETFs

National Assembly to employ 2,445 aides for legislators

Monday, May 18, 2015

Nigeria heads for fiscal cliff as FAAC drops 50%

Supreme Court gives injunction against Chevron, Seplat over troubled OMLs 52, 53, 55 sale

Upbeat investors outline headline reform route for Buhari Government

IGP Arase, please cause positive change in the Nigeria Police

What is it about LASU?

Southern Africa: Mbekism, Zumaism and crossroad (3)

Education does it, not fossil fuel

Experts bemoan shortfall in industry-ready talents to grow economy

Give your spouse that treat on a checked budget

Skye Bank profit falls on loan loss expense

Six top agencies line up for Etisalat’s multi-million naira PR account

The secret corporate takeover

FCMB deepens affinity with new thematic campaign

Buhari should revive NNPC’s 21 depots

Tackling oil theft in an era of ‘change’

Why Nigerian FMCG companies are falling off a cliff

Jonathan sacks NIPC boss, appoints Hassan-Baba

NSE market capitalisation up by N121bn in bullish trading

Three government soldiers killed in Mali rebel attack

FTSE, Stanbic IBTC develop Nigeria IPF benchmark

Adulawo Technology City is driving job creation in Osun – Aregbesola

Military says it destroyed 10 Boko Haram camps

Shell reopens Bonny Light crude export pipeline

Transition in e-commerce gains traction as operators expand market scope

NAICOM dissolves International Energy Insurance board

Jonathan seeks forgiveness from Nigerians he may have offended

AIB to release reports of four air crashes

Investor flags-off full construction of $729m marine, land-side infrastructure of Lekki Port

Lafarge begins housing units construction for host community in Ogun

Afren share price edges up as two directors step down

MPC: Analysts see major policy rates remaining unchanged

PDP says it won’t change identity

Sunday, May 17, 2015

FG to grant incentives to embedded power operators

Insurers Q1 earnings dip over non-renewal of FG group life insurance

The forgotten task of nation building

UBA, GTBank outperform tier-one peers in Q1’15

Britain embraces federalism after an election defined by nationalism

Ten days to go, and then some fiscal colour to the pledges of change

Continental Re’s profit climbs amid rising expenses

Consolidated Hallmark premium income spike means impressive result

Life after school – The sublime hot pursuit of excellence

Local footwear struggling to compete with imports

AshakaCem to debottleneck plant to gain additional 0.5MMT

Establishing a modern bakery

Saturday, May 16, 2015

Here’s what happens when Labour leaders are uneducated on economy

Probable ins and outs to see at Old Trafford next season

AG Leventis earnings falter on stiff competition

Open Letter to General Buhari (3): Abolish child labour!

5 Ways to grow your small business with public speaking

Reversing Africa’s medical brain drain

The universe

Increased non-interest income spurs FBN holding to growth as earnings spike

Democracy and delayed LG elections in Lagos

Nigeria lagging behind in digital maturity

Misleading advertisements and consumers’reality

FAAC: States, LGs share N388bn for April

Petrol scarcity bites hard on water transport in Lagos

Nigeria has made progress despite Boko Haram insurgency – Nnamani

Nigerian bond yields eye MPC

Boko Haram crisis pushes poor of western Chad to brink of hunger, says UNICEF

Nigeria’s distributable revenues fall to lowest in 5 years

Boko Haram retakes Marte town in Borno

Friday, May 15, 2015

Banks jittery over single account as Buhari takes over

Panellist speaks at BusinessDay CEO forum 2015

Interbank rates rise on energy firm’s NNPC cash recall

Burundi arrests leader of failed coup

Wamakko inaugurates N30m rice mill in Sokoto

Skye Bank 2014 pretax profit falls to N10.47 billion

Unit holders of VETGRIF30 to get final distribution May 28

Oil marketers debunk NNPC 300 ships on high seas laden with fuel claim

PIB: Reps approve establishment of petroleum host communities’ fund, 3 others

Nexus unveils first brand shop in Nigeria

Assets, liabilities of discount houses decline by 20.4% to N135.2bn

Fuel scarcity: PPMC can’t stabilise nationwide supply, says PENGASSAN

Election spending does not boost economy, says YECCIMA

Crisis in Ekiti PDP as factional chairman emerges

Thursday, May 14, 2015

Nigeria to lead African hospitality market with 10.5% revenue gain

Court stops further processes relating to FRC new draft code

Hassan Usman: Looking to Bequeath a Legacy in Housing Finance

Sustained growth, returns position Nigeria as next frontier for institutional investments

Listening as a last resort

Unpaid salaries: A major challenge for Buhari

Stones make bold return

International norms in cyberspace

A vote for independent 8th National Assembly

Contemporary elegance

Munira Shonibare: The design dynamo

Unilever Nigeria goes aggressive on cost reduction for sustainable growth

Jonathan and the ‘fear’ of persecution

Lagos gridlock may not end soon, says NUPENG Chief

The best sites for businesspeople

Shell shuts Trans Nigeria Pipeline

FG sells N60bn in bonds at lower yields on all tenors

APC chieftain tasks Buhari on mechanised farming

Army imposes 24-hour curfew on Maiduguri

Nigeria economic growth slows to 3.96% in Q1 2015

Questions over Nigeria’s unanswered billions persist after PwC audit

Diageo’s Orijin herbs help Guinness maker beat Nigerian woes

Nigeria’s Q1 GDP in 3 years low of 3.9%, inflation to stay above 8.5%

UBA launches innovative payment solution PayAttitude

Old Mutual Q1 gross sales beat forecasts, up 18 pct

Lagos gridlock: Stakeholders agree to free roads before weekend

IDB delays short-term sukuk as sector looks for liqudity tools

Constitution review: Taxpayers’ N4bn wasted, as Senate fails to override Jonathan’s veto

FG okays N31bn for road projects in 3 states

Wednesday, May 13, 2015

NBS new definition puts Nigeria’s jobless rate at 6%

Infrastructure spend to grow $180bn per annum by 2025

British Obama, Nigerian blood and misplaced patronage

Economy in transition (1)

Nigeria’s oil output rises by 19,000 bpd in April

Saving FIFA from Blatter

Stock market looks set for bears until May 29 handover

Fuel scarcity and the agony of Nigerians

Wapic’s drop in profit validates analysts’ predictions

Labour disputes, a result of lack of information, say labour, industrial experts

Residents flee as Boko Haram launches fresh attack on Maiduguri

Aero sacks MD, CFO over alleged ownership crisis

Senate confirms Gwarzo DG SEC

GP dispatches crack squad to stem cultism, violent crimes in Edo

Burundi general sacks president, crowds celebrate

Constitution amendment: Senate fails to override Jonathan’s veto

Fuel scarcity bites harder, fares up by 50% in Lagos, Ogun

‘Buhari can’t succeed without support from Nigerians’

Military’s ultimate responsibility is service to political master –Umaru

NIMC discovers 406 staff with fake promotion, conversion letters

Senate passes tobacco control, equipment leasing bills

Kenya Power receives $10m loan facility from UBA

Council of State urges Buhari to address farmers, herdsmen clashes

Total, Forte, Nigeria Breweries drive equities’ N77bn loss

Tuesday, May 12, 2015

CBN, banks, oil firm chiefs in crisis talks over forex

Spiraling input cost dents May & Baker Q1 performance

NNPC: What they don’t want you to know (1)

Case for petroleum subsidy removal in Nigeria (1)

SGF: Ngige is the best man

Performance of IPPs under PPP arrangement with Lagos state government

Professionalising estate agency practice in Nigeria (1)

Supply cut: OPEC want non-OPEC producers on board

‘CFOs are critical to the digital age, they need to embrace digital technologies… or get left behind’

Discovery Sport premium SUV arrives Coscharis dealership

The Lagos State Development Plan (2012-2025)

Police council confirms appointment of IGP Arase

‘Nigeria has the potential to be a leading contributor to the transformation of West/ Central Africa’

Coronation Capital report showcases changed structure of Nigerian economy

Transcorp holds AGM, shareholders approve dividend

Guinness, Forte, others lead stock market to negative start

Buhari administration will not persecute anyone – APC

Gwarzo tasks FG on listing of MTN, Multi-Choice, others

Why full success has not been achieved in Boko Haram fight, by Chadian president

Skye Bank organises essay competition for children

Nigerians, other African buyers seeking homes in central London

State legislators are rubber stamps of executive, says Mark

Labour ministry orders SAHCOL to recall sacked workers, denounce disclaimer

Transcorp eyes coal to power business

FG silent as Nigerians groan under fuel crisis, gridlock

Monday, May 11, 2015

States risk insolvency as FAAC revenue drought worsens

FRC crisis deepens as board members accuse executive secretary of distorting salary structure

Poor service looms as vandalism slows telcos’ N800bn expansion push

Media challenged to monitor promises by in-coming governments

‘Local content will not displace foreign technologies’

NBC in fair play moves for sustainable pay-TV market

James Pinnock Place holds promise for 80 families as construction begins

‘The Nigerian child central in Indomie CSR drive’

$150m investment to build global business focused on subsea integrity

The impending Buhari presidency (2)

Continental Re gross earnings up 7.4% to N16.15bn

NBS to conduct gas, petroleum survey for database on policy formulation

Tony Elumelu to Speak as President Obama Celebrates Emerging Global Entrepreneurs

IT firm introduces appsolute banker for financial institutions

Nigeria rides innovation to boost mobile payments growth

Jonathan says he expects his ministers, aides to be ‘persecuted’ after his tenure

Buhari to diversify economy from oil to agriculture, mining

CBN in talks with banks over easing naira rules

Naira to maintain stability this week as external reserves improve

Analysts urge investigation into N200bn airlines’ intervention fund

Sunday, May 10, 2015

National broadband targets at risk as poor spectrum management persists

Questions raised over FRC N1bn IFRS Academy fund

Nigeria oil/gas merger deals’ value reaches $17bn since 2010

Make it in Nigeria (2)

Measuring social progress: Nigeria in world happiness rankings

Investors project N4.9trn private sector agric investment by 2019

What to lose without insurance protection?

Transition blues

Total Nigeria profit falls the most in two years

Sai Buhari (USA)!

Food, beverage makers bemoan rising taxes, high raw material cost

The impending Buhari presidency (1)

Who is afraid of NDIC’s amendments? (1)

Global passenger traffic up 7.4% in March

Directing the money in you

Money matters and your bundle of joy

Saturday, May 09, 2015

Good time to clean up the house

Mayweather-Pacquiao bout: A sure fight of the century

When last did you audit your corporate image?

The greatest manager ever

Open Letter to General Buhari (1): Checks, Balances and the “Loyal Opposition”

Universal Insurance in a growth spurt as earnings spike

SMEs to spur e-commerce marketplace amid cyber security woes

Nigeria ranks amongst top countries of world’s IDPs in 2014

Investing in the defeat of malaria

PDP and need for credible opposition

It was morning time again; oh, how I abhorred school!

Bond yields seen falling at auction

Subsidy fears threaten worse fuel shortage

EU tasks Buhari on dividends of democracy

Mubarak, sons bag 3 years each in prison for corruption

Friday, May 08, 2015

Apapa gridlock: Fashola raises hope with transportation of fuel by rail under Buhari

AMCON: DMBs, CBN to contribute to Banking Sector Resolution Cost Fund

Thursday, May 07, 2015

EFCC, ICPC overhaul central to Buhari’s corruption fight

Mourinho’s  £225m rich squad rules Premier League

Prime office market offers compelling investment proposition at $1000/sqm

‘Next petroleum minister must be knowledgeable about industry’

So you think you have a problem?

Gold mining boss taking tough decisions

Will electoral offenders be really punished?

Nestle Nigeria Q1 profit down 50.8% on weak consumer spending

May 29 handover ceremony, a PR moment for Nigeria

‘NBS does not manufacture data… we collect from households and businesses’

Sports and youth development

Saudat Salami, promoting easy shopping for the working woman

Global bond rout deepens as oil hits year’s high

Prof Paul Collier speaks at BusinessDay CEO Forum

FG begins process to concession Nigeria Railways

Constitution amendment: Supreme Court orders FG, National Assembly to maintain status quo

NCC says Nigeria will achieve 30% broadband penetration by 2018

Microfinance bank operators debunk allegations of selective loaning

BATN Foundation empowers small farm holders

PDP heading for final destruction, unless… – Mark

FLSmidth, Dangote Cement terminates O&M contracts on two plants

Trailer park: All eyes on Buhari as gridlock grounds Apapa, environs

FG raises N150.6bn in Treasury bills

NNPC releases N2.36bn for 2015 group life insurance

Wednesday, May 06, 2015

Funding, pricing seen as hurdles to gas devt

Education sector crisis defies N4trn govt spending since 1999

Foreign developers shift focus to commercial properties on back of market realities

2015 business law conference to set economic agenda for incoming administration -SBL COUNCIL

Between Buhari and AIT

New wave change should lead to Cloud Nine

Looking for inspiration

Climate change and the Catholic Church

Procurement corruption: Can Buhari break the chain? (2)

Dangote Cement profit surges 44.07% as finance income spikes

Allan Gray Africa Equity Fund berths in Nigeria

SBL Employment and Industrial Relations Committee holds business forum in Lagos

Standard Chartered leads in N10bn commercial paper for Guinness Nigeria

Buhari and press freedom: The AIT censure and need for effective communication

FG slashes 2015 fuel subsidy by 90 per cent following oil price slide

Bala Bantex, Kaduna State deputy governor-elect, at CEO forum 2015

Nigerian $25bn Technical Cooperation Fund is a sacrifice for Africa’s integration, says DG

EU pledges support for Nigeria’s food manufacturing, agro-business sub-sector

Tuesday, May 05, 2015

Pressure mounts for restructuring of NNPC on PwC audit report

After 16yrs of PDP, Nigeria still in total darkness

Globacom tables $600m for Ivorian telco in regional expansion push

Democracy without Democrats

BoI recovers N2.9bn from debtors as NPLs fall to 4.09%

Stanbic IBTC Holdings’ faltering performance makes analysts cut earnings forecast

Land administration issues in farmer-nomad relations

Banks’ consumer credit improves to N848.77bn in six months

World Bank $500m facility and improving maternal and child health in Nigeria

‘Awareness, capacity development, research, to drive insurance penetration’

Insurance sector regulation nearing convergence’

Q1 results reveal insight on impact of low crude oil price

Business leaders fear for corporate governance in Nigeria as draft code plans excessive control

Procurement corruption: Can Buhari break the chain? (1)

New L/R Discovery Sport brakes cover in Mauritius

PwC sees BEPS action plan posing challenges for oil/gas firms

E-commerce has great potentials in Nigeria says MD

Actionaid spends N600m annually on education in Nigeria

Cashless policy pushes Ogun’s revenue by 200%

Ekiti proposes austerity measures as wage bill overshoots by N600m

Dangote Cement to begin production in Tanzania August

FG, oil marketers assure on easing fuel scarcity in days

Reps summon Okonjo-Iweala, Adesina over alleged N21bn rice import duty waivers

Nigeria to sell N60bn in bonds on May 13

Monday, May 04, 2015

Dangote Refinery financing takes 9% of banks’ FX loans

‘Re-tooling teachers’ capacity panacea to education growth’

Democratic change: The presidency vs. the party

Oil and gas players want Buhari govt to be decisive on PIB

Transaction fees yield N1.6bn into FMDQ OTC treasury

Wapic Insurance gross premium up 38% to N5.2 bn

Investor responds to market demand, plans retail malls in FCT

Business in Nigeria post election

Southern Africa: Mbekism, Zumaism and crossroad (1)

Does power of nations still count?

Oil, power, fragile infrastructure pressing economic problems as handover date draws near

BoI expands regional intervention in Nigeria 

Ayo Gbeleyi speaks at BusinessDay CEO forum 2015

China woos more Nigerians to international fair

Africa moves to showcase $80bn aviation market potential in Dubai

Aviation Fuel Crisis: Domestic airlines operate skeletal flights

Facebook opens to developers

Enugu House serves Chime impeachment notice

Auto-businesses to benefit from FG’s automotive repository portal

Stockbrokers want more unlisted securities trade on NASD platform

Capital adequacy ratio of 5 banks falls below 10% requirement

MRS Oil reports Q1 pretax loss

Nestle Nigeria reports 51 per cent fall in Q1 pretax profit

FAAC injection, T-bills to drive down inter-bank rates this week

Sunday, May 03, 2015

Justice ministry turns clog in Azura, Mobil power projects

OMLs 52, 53, 55 sale US court compels Chevron, PNB Paribas to produce bid documents

PwC reputation at risk after NNPC audit controversy

Make it in Promoting domestic production for national sustainable economic development (1)  

Do you have a personal accident insurance?

Sambisa forest and forensic (forest) accounting

China-Nigeria relations in the Buhari era

Sustaining and growing your small business; the power of positive thinking

Nigeria, governance and migration

Boosting ICT’s contribution to economic growth

Seven Energy commences crude oil production from Stubb Creek

Nigerian named among six global high performing entrepreneurs

G-7 nations aid oil theft in Nigeria – Balarabe Musa

Saturday, May 02, 2015

7 federal ministers we don’t need

Open Letter to General Buhari (1): Checks, Balances and the “Loyal Opposition”

Boxing greats predict Mayweather v Pacquiao bout

The bucket list as Mu’azu moves to rebrand PDP

Nigerian banks cut dividends as capital needs spur earnings retention

Internet goes mobile in Nigeria as 95% access broadband on smartphones

Poor infrastructure, farming practices impede increase in agric productivity

Nigeria’s crude oil glut opens US arbitrage opportunities

Scary news from South Africa

Bharti Airtel shares fall on poor Africa Q4 financials

The tragedy of migration

Friday, May 01, 2015

Mayweather v Pacquiao fight seals $300m record sponsorship deal

Labour calls for 60% cut in N/Assembly members’ salaries, allowances

May Day: Fashola sees weakness in labour’s division

Minimum wage: Workers task incoming Buhari-led govt on industrial harmony

Fifa U20 World Cup: Flying Eagles jet to Germany for camping

2017 AFCON qualifiers: Keshi opens Eagles camp in May

NLC wants Bauchi governor to pay outstanding salaries before May 29

Those running to APC will return with empty stomach, says Jonathan

Continental Re plans acquisition of African rivals

Private sector investment in Lagos waste management value chain hits N28bn

Internet usage on mobile phones far outstrips computers

Ekwueme wants Buhari’s govt to develop infrastructure master plan

Emerging market regulators aim for deeper, resilient capital markets

Thursday, April 30, 2015

Nigerian art auction makes N1.19bn in eight years

Debt service to eat up 21% of total expenditure in 2015

2015 elections: Analysts extol media, blame partisanship on political pressure

To all gastronomes and aspiring ones

Bharti Airtel’s Q4 profit misses estimates amid currency depreciation

Africa Finance Corporation concludes debut Eurobond issue

Expansion plan excites Mansard Insurance shareholders

Rothesay Life gears up for a potential £3bn IPO

AIICO Insurance reverts to profitability

Ecobank expands reach with introduction of new product

Linkage Assurance gets ITF recognition on manpower development

Alcohol consumption on the rise among tanker drivers

Prostitution and poverty in children

Immunisation, key to prevention of childhood killer diseases

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