Businessday Nigeria Archive for October 2015

Friday, October 30, 2015

MTN may face JSE probe over fine notice

Massive lay-off hits Customs as 34 officers embark on compulsory retirement  


Franchise industry in Nigeria currently dominates several sectors  

Nigeria gives MTN two weeks to pay $5.2 billion fine

Gain total control of your asset

Thursday, October 29, 2015

FIFA names Blatter’s possible successors

Telephone conversation

Nigeria’s fiscal, monetary authorities in talks on working economy out of doldrums 

FX risks weigh heavily on Diaspora merchants

Union Bank regains investors’ confidence with Q3 profit growth   

African financial markets outlook: Reflections on Nigeria’s banking reforms

Still on teachers and Teachers’ Day

Incentives, packaging, standards demarket Nigerian exporters

MCI, KAON plans $1billion ’Set Top Box’ plant for digital migration

Stimulating MSMEs for economic growth

I knew Gamaliel Onosode

Union Bank positions for largest market share with new brand Identity

Devaluation of naira not an option for this administration – Osinbajo

Nigeria, Africa must partner to enjoy full benefits with other countries – Buhari

MTN Nigeria Future Uncertain If $5.2 Billion Fine Isn’t Paid

Human element accounts for 85% of road crashes as gridlock erodes property values

Ambode gathers aides for three-day brainstorming on way forward

Stanbic IBTC shareholders call for reconstitution of FRC board

NNPC moves to avert rumoured fuel scarcity in Northern states 

Naira drops against dollar across FX market

NAICOM pushes insurance compliance among MDAs

Poor ratings spark Reps’ probe of $1bn spent on airport modernisation

Buhari defends tough economic policies despite public outcry

Nigeria urged to look inwards for economic growth

21m Nigerians have mental health challenge

At CBN instance, IGP directs immediate set up of dedicated card crime unit

Buhari vows to recover stolen funds to deter corrupt tendencies

N169m fraud: EFCC re-arraigns executive secretary, accountant

Senate calls for review of N63.5bn 2nd Abuja Airport runway

Wednesday, October 28, 2015

MPC sees fiscal, monetary policy coordination boosting growth

How we fight corruption in Nigeria

The long and winding road to ‘change’

The fight for land rights in Lagos

Africa Re, ILO targets increased capacity for micro insurance in Africa

Ambode, cabinet and governance

Menace of pipeline vandalism: Green Team initiative to the rescue

Nigeria risks FDI with unprecedented $5.2bn MTN penalty

CBN Governor orders return of TSA service charged by agent

No Coordinating minister of the economy in this administration- Osinbajo

Buhari congratulates Ouattara of Cote D’Ivoire on his re-election

Apapa gridlock: Senate harps on long-term solutions

Buhari, Amosun’s pragmatic approach saved oil-rich Tongeji Island – Ogun elders

US condemns Boko Haram attacks, deplores use of young girls for heinous campaign

Africa Economic Conference to address poverty, inequality – AfDB

‘Big hotel operators failing to invest in Nigeria’

Ola Ndi Igbo Summit 2015 celebrates global best

Interswitch to launch new payments service in Kenya

Supreme Court justifies relocation of Rivers tribunal

Low oil revenue forcing Saudi Arabia to consider cutting petrol subsidies

Bollore plans IPOs for Nigeria-West Africa rail project

Task force discovers use of empty oil tankers to manipulate fuel-bridging business

NBCC, NEPC target Nigeria’s diversification through foreign investment

Tuesday, October 27, 2015

So what’s happening at Oando?

IOCs in dark as NNPC fails to issue directive on 2015 JV budget

Microfinance: A return to orderliness (1)  

Tough choices

Of ministers, clowns, hazards, and Lazard

Why farmers must transit from rain-fed to brain-fed agriculture

Achieving competitiveness: Beyond NES 21, spotlight on NCCN

The imperative of cleaning up Ogoniland

States helpless in face of financial tsunami

NDIC capacity building reveals 86% adoption of e-banking transactions

MTN heads for biggest 2-day fall in 15 years on Nigeria fine

FAAN faults ranking of Port Harcourt airport as worst in the world

IMF paints gloomy outlook for sub-Saharan Africa

International Criminal Court says India should hand over Sudan’s Bashir

3,000 young leaders to rethink Nigeria at ELC 2015

MTN gets the hit in two biggest markets

Healthcare funding gets priority in 2016 budget

Naira firms against dollar as CBN adjusts rate to N196.97k

New Ooni promises Ife urbanisation, economic empowerment through capital creation

NIBSS opens portal for BDCs validation of BVN

Lagos to fight crime, tackle traffic with helicopters 

ADS-C/ CPDLC records nationwide success as NAMA test runs Kano ACC

Nigerian airspace opens to flight operations – Usman

Stanbic IBTC says it’s compliant with IFRS’ requirements

FG files amended charge against Dasuki

South Africa to relax visa rules after tourism industry suffers

Resolve Bonga spill compensation, fishermen tell Presidency

Monday, October 26, 2015

Innovation – complex but inevitable (1)

Implications of the resurgence of the Biafra movement 

Banks adjusting to impending lower interest rate regime

Oando’s posts impressive top line despite tough macro conditions

Five digital marketing lessons for young entrepreneurs

FG, ABAN, pledge to support tech startups

Project management as a tool to stop waste, fraud and abuse (2)

Conoil chairman, Adenuga foresees bright future for Nigeria economy

The path to Nigeria’s industrialisation

Experts advocate knowledge-based university curriculum

Making tough economic choices

CBN strengthens naira fx peg on interbank market

Ayade presents N350bn budget to Cross River Assembly

Financial Irregularities: FRCN suspends Peterside Atedo, Stanbic IBTC executives

Dasuki charged with money laundering, pleads not guilty

Capital market operators task SEC, NSE on increased local participation

Kebbi gets N5bn CBN loan to boost rice, wheat production

Nigeria can save N400bn annually from wheat production – Gov. Bagudu

Abia to establish central database for civil servants

Abia accountantant gen sworn in as perm secretary

MFB begins push for 100 branches nationwide

Mixed feelings trail Rivers governorship election tribunal ruling

NERC denies 49% increase in electricity tariffs next month                

Investors increase stake in bonds on back of financial system liquidity

Sunday, October 25, 2015

Experts in government, law, development tackle political stability at 2015 Aelex lecture

CBN freezes JV accounts in banks

Asset declaration: Nigeria fails the global best practice test

The World Bank/IMF annual meetings 2015

Genuine real estate investors seen emerging as anti-graft war rages

The life and times of Tunji Otegbeye (3)

Of course, Patrick Dele Cole is not mad

Old Mutual Nigeria gets top rating on employee empowerment

Plateau seeks ties with ITF to raise solid minerals entrepreneurs  

Cash everywhere, but none for SMEs

Securing the spectrum needed to drive Africa’s mobile economy

No immunity for leaders of the legislature

Economy and the long wait for Buhari’s ministers

Saturday, October 24, 2015

Power supply, Generator dealers dismiss improvement

Jobs, more jobs vanish everywhere

Amaechi’s career: A path strewn with thorns

APC to convene mini-convention over BOT chairmanship

Restructuring governance (3)

Pension asset hits N5.03trn to date

FG raises N80bn to support displaced persons – Lasun

We won’t partake in Amaechi’s confirmation – PDP Senators

Who wins the Manchester Derby?

Heroines without titles

Communication skills and temperament

Let’s get primary education right

Militant Islamism and vaccine scepticism

My greatest rival is Nadal – Federer

Rivers PDP insists Wike still governor of Rivers State

Solar key to democratising access to power in Nigeria- El-Rufai

Tribunal sacks Wike, orders fresh guber poll in Rivers

Maritime workers suspend 3-day-old strike

New technologies are transforming African agriculture – AfDB

NSE market indices dip further by 0.05%

Ambode allocates N1bn for renovation of Schools in Lagos

Analysts see over N15bn revenue loss as workers shut port operations

Bank of Ghana pays 24.5% yield for 1.35bn cedi bond

African finance ministers seek mega-financing deals to boost agriculture

Ambode promises succour for mental health, depress patients

Friday, October 23, 2015

Total E&P Nigeria appoints two new executive directors

Labour urges Presidency to confront infrastructure challenges 

Discos improve power supply to 4,600mw as Egbin comes back to life

Domestic airlines sold over N2bn worth of tickets in 7 months

Buhari seeks Senate’s confirmation of INEC chairman, commissioners

Saraki’s travail not about APC – Gbajabiamila

GTBank reports PBT of N92.06bn in Q3

91 firms bid for NNPC coastal, bunkering vessel contract          

‘Nigerian agric sector needs public-private collaboration to achieve economic goals’

Congestion looms in ports as maritime workers shutdown operations

Total prepares 540 youths on self-paid careers

Nigerian agric sector gets US support

‘Ajaokuta Steel needs $1.1bn for rehabilitation’

Abia to organise basic training for workforce

Thursday, October 22, 2015

Nigerians anonymous

FG to allow oil firms borrow to fund JV operations

Hotel brands make N5b annually on franchise in Nigeria

Ibeto Cement signs $386-mln contract with Sinoma for Enugu plant

APC, PDP senators disagree over Amaechi’s screening

Nigeria one year after Ebola

The masses as minor majority

Economic case for exporting Nigerian food (2)

Treasury Single Account, yes, but…

Lagos and suffocating traffic congestion

Politics, corruption top investment barriers to Nigeria, Africa

Senate finally screens Rotimi Amaechi

Nigeria’s Lawpavilion feature prominently at IBA 2015 in Vienna

Oil rises back over $48

Fuel scarcity hits Katsina

South Africa’s MTN posts slower subscriber growth

Technologist seeks government financial support for agro-allied tools fabricators

Airtel backs DRASA on healthcare interventions

Naira depreciates against dollar at parallel market

Report on Amaechi ready – Senate

FG to invest massively on power, roads, rail

Kingdom Summit holds weekend in Lagos

Lekki Gardens demonstrates property market leadership through uncommon pricing, delivery time

Nigeria needs to show sincere commitment to SMEs – Gowon

SEC approves N140.79bn bonds in 9 months

NBET hires Deloitte to facilitate efficiency in electricity service delivery                       

Insurgency: Lagos donates N150m to Adamawa, Borno, Yobe

Solutions for a smart Africa showcased at Transform Africa

CSCS commits to total dematerialisation of share certificates

Abia targets top-10 in ease of doing business in Nigeria

Abia scores election petition tribunal high

CCT adjourns Saraki’s case to await judgment from appellate court

Wednesday, October 21, 2015

TSA’s glowing success faces gathering storm

Lafarge 40mw electricity transfer to national grid at advanced stage

Investor taking long view guys Zambian debt as crisis mounts

Negative real returns leave Nigerian savers underwater

Nigeria’s pan-African aspirations may change its dynamic with SA

The nature of the social contract in Nigeria (3)

Investor confidence improves as manufacturers set up new plants

JPMorgan plans Africa expansion even as regulators block entry

Re: Ambode, Lagos is ‘spoiling’ again

Nigeria Re pays out N132.4 million claims in Q2

Economic case for exporting Nigerian food (1)

Buhari appoint’s Oyo-Ita as acting Head of Service

Oil and gas: Board stresses need for training of Nigerians as key players

Lagos donates N150m to Adamawa, Borno, Yobe

The evolving Oil and Gas Industries in Today’s Digital Energy Network

82 Nigerians register for 2015 Global Economic Summit

Buhari names Mahmood Yakubu new INEC chairman

With Rosabon lease, life just got easier

Only five non-member countries attend oil meeting with OPEC

CBN tasks payment system providers on tech innovation for financial inclusion

Supreme Court upholds Ambode’s election

Apapa gridlock: Lagos applauds Senate’s planned intervention

Ghana to settle N33.8bn gas debt owed Nigeria in 2016     

Ministerial nominees present agenda for economic recovery

 Lagos light rail now to be completed 2017

NNPC denies involvement in alleged Indian $25m oil bloc cash

Oshiomhole makes minor cabinet reshuffle

Shippers’ Council to begin implementation of Cargo Tracking Note in November

Tuesday, October 20, 2015

Energy stocks seen hurt by oil price drop

The Buhari cabinet

Renewed bid for review of petroleum subsidy in West Africa

Nigeria loses N350million to Shea smuggling annually

How packaging enhances farm produce sales

Eko Disco to sign PPA with 10 coys for 450mw

IFAD moves to pilot agro-allied processing clusters, irrigation in Ogun

Taking advantage of next 10 days to enrol for BVN

Has the ‘Africa Rising’ narrative been exaggerated?

MTN Group becomes largest music distributor in Nigeria

Kifasi not sacked, on pre-retirement leave- Presidency

Buhari flags off construction of N600bn 260km Calabar-Katsina-Ala highway

IFAD pledges to support farmers in Benue

NSE market capitalisation rises by N37bn

Expert urges government to improve mineral sector for job creation

NBS should operate independently – Economist

Ghana resolves dispute with Nigeria over unpaid gas bill

Deutsche Bank’s $6bn ‘fat finger’ error raises fresh questions over risk control

Fiat and Starbucks face repaying millions after Brussels tax ruling

Beer mega merger faces jobs battle in SABMiller’s birthplace

Warplanes hit Libyan city of Sirte, target Islamic State: witness

Manufacturers in Rivers/Bayelsa axis to show strength at AGM with exhibition

Emir of Kano wants Islamic legal code apply on cattle rustlers

Stallion, Olam owe Nigeria N44bn import duties – Senate

NSE restructures legal department, council secretariat

Port Harcourt International airport ranked world worst airport

SEC to make non-interest instruments 25% of Nigeria’s total market capitalisation 

Buhari, IoD, others to champion cause on global best practices

Microsoft appoints new regional director for its 4Afrika Initiative

NAMA commences test-run of ADS-C/ CPDLC in Nigerian airspace

SESCOOP partners Rockspring Global to reposition South-East cooperatives with ICT

Monday, October 19, 2015

Nigeria stock rout claims IPOs as issuers seek best value

Shocking the economy back to life

Thoughts on Nigeria’s competitiveness profile

Doing more to empower small entrepreneurs

Will Big Cola entry shake Coke, Pepsi dominance?

Expanding public health awareness through ICT

Akwa Ibom begins loan disbursement to support MSMEs

PWC recognizes the role of ICT in Nigerian Media

Sub-Saharan Africa mergers reach $23.4 billion in first nine months of 2015

On lions and the words of our mouth

Weather, logistics hampering terrorism war in North-East

NSE market indices improve by 1.29 per cent

Lagos Gov. Ambode swears in 23 Commissioners, 14 Special Advisers

Ambode swears in 23 Commissioners, 14 Special Advisers

Nigeria, others failing to apply best practices in road safety – WHO

CBN examiners hunt for N250bn TSA funds

Nigerian insurance sector robust despite weakening economy – Fitch

Total launches ‘Road Movie’ campaign as Africa footprint expands

FG to host IDPs stakeholders’ forum

UK oil industry brace for 10,000 more job losses

Akpabio’s ordeal politically motivated – PDP

NERC approves expansion of AEDC’s vending centres to 500

Gas flaring: France urges investment in renewable energy

Sunday, October 18, 2015

Mo Ibrahim and governance in Africa  

Speculators to bet billions on equities on positive Q3 results

Boardroom excellence: When IoD Nigeria trained top directors in London

A summit to sell a product 

Holy Father, pray for us sinners

Naira pressure expected as foreign reserve may decline below $30bn

Nigeria’s 10-year bonds yield fall to 11-month low on liquidity

Gridlock in alternative energy supply hiking cement prices

The life and times of Tunji Otegbeye (2)

Abia to access N19.8 bn “BoI State MSME Fund” to support leather, garment sectors

FG to sanction DISCOs over installation of substandard electricity equipment

France cautions FG against gas flaring, urges investment in renewable energy

Eaglets begin FIFA U-17 defence with a win

Ecobank raises $75m long-term funding, $50m trade facility

InterSwitch partners BlackBerry to introduce money transfer, airtime recharge on BBM via Quickteller

Saturday, October 17, 2015

Restructuring governance (2)

Preventing diseases through hand-washing

OPEC looks to keep oil prices stable by setting price floors

Parenting; Communication Counts

Nigeria needs to cut down interest rate- Adeosun

Osayi Alile: Leading women to ‘Step up and stand out!’

Venture capital firm 500Startups seeks first Nigeria tech deals

The Volkswagen revolution

African Alliance premium growth validates growth strategy

Nigeria defers plan to slash gas supply to Ghana

SEC, Kano host interface on interest-free capital market instruments

Burkina Faso coup leader charged with crimes against humanity

Security, economy, infrastructure top considerations in Lagos 2016 budget

Friday, October 16, 2015

Why hawking thrives in Lagos despite glaring danger

EU to participate in 2015 Lagos trade fair

FA suspends support for Platini’s FIFA presidential bid

Yemi Lalude joins TPG Growth to lead Africa Team

FG stops planned cut in gas supply to Ghana

With cabinet, Nigeria’s Buhari puts party before reforms

The Nigerian Property Market: Challenges and Opportunities

NNPC opens bid for award of fresh offshore processing arrangements

Lagos Assembly confirms Ambode’s cabinet nominees

Stanbic IBTC unveils automated cash deposit, recycling solution

DFID minister, British high commissioner visit Epe solar project

Former Abia governor, Orji Kalu to lead world’s biggest shipping body

Surveyors, security experts task Buhari on mappings, use of drones to fight insecurity

Senate invites Customs CG over lifting ban on rice importation

Peugeot, FCMB partner to ease vehicle acquisitions

Edo JUSUN threatens another strike over non-payment of seven months salary

World Bank trims Kenya’s 2015, 2016 growth forecast

CPC raids MultiChoice head office

Thursday, October 15, 2015

The president and value reorientation

World Teachers’ Day: Beyond the fanfare

FG’s recurrent spending to spike on Buhari’s pro – poor programmes

Kenyan coffee chain Java House targets Nigeria expansion

SABMiller agrees to takeover by AB InBev

The French exception?

FIFA U-17 World Cup: Golden Eaglets eye fifth crown in Chile

Buhari’s government and kerosene distribution

Growing up in public

Investors eye record Dell debt offering

FIFA focus on reforms, says acting president Issa Hayatou

UEFA backs Platini FIFA presidential bid

Buhari in closed door parley with Abdusalami

FG probes NNPC, NPA, others for remitting foreign currency revenue in naira

There is need for national risk assessment in Nigeria – CBN

UBA says 9-month pretax profit rises 35 pct

CBN weakens naira FX peg on interbank market

Ghana in talks to head off FG’s threat to cut gas supply

Nigeria raises N120bn in 2020, 2024 bonds at lower yields

Ambode seeks UK’s partnership on clean energy source

Passengers, airport workers stranded as cab operators down tool

Tribunal judgments further confirm peaceful, credible polls in Rivers – Wike

Housing deficit: ‘UniCem is committed to bridging gap’

Drug trafficking: NDLEA arrests Kenya Airways staff with 3.1kg substance at Lagos airport

 Losses loom as flooding imminent in Bayelsa

Slowing growth casts sober light on AB InBev’s African dreams

NERC, Discos clash in Port Harcourt over imposition of fines, low tariff

Delta seeks for support from FG, NEMA to tackle flooding

Wednesday, October 14, 2015

Fashola, Kachikwu, Adeosun signpost Buharinomics at Senate

The nature of the social contract in Nigeria (2)  

The economy will pick up

Corruption: The elephant in the room

Standard Chartered-MNI business sentiment indicator for Nigeria rises  

Nigeria in bold move to end rice import

Africa – Unleashing the power of innovation to revolutionise financial services

Improved power key to nation’s business growth, investors affirm

Pension funds for infrastructure financing

Preparing your family for financial fitness

FG to stop rice importation in two years

Non-performing refineries will be shut down in December – Kachikwu

PIB: Nigeria loses $15bn to non-passage of bill

NIMC processes 20m data from BVN

Nigeria’s N-Gas threatens to curb supply to Ghana -pipeline company

Nigeria revamps oil exploration firms in first step to reform

FG to issue N138bn in T-bills

BOA grants N350m loan to rice firm in Jigawa

Nigerian inflation edges up to 9.4 p er cent in September

Tensions build in Nigeria’s oil-rich Delta

ANALYSIS- A $70 oil floor? Fat chance, but OPEC price plan may be first step

Court remands 17 suspected killers of Disu, Lekki trade zone MD

Bank robbery: Bandits engage police in gun battle abandon N27m

Naira firms at autonomous market as market regains confidence

EFCC arraigns Arinze, internet fraud kingpin, other in Asaba

Bol stems rural-urban migration, inaugurates solar power plant for Osun communities

Edo assembly approves N10bn CBN loan for Oshiomhole

PENGASSAN calls for legal framework to tackle oil theft

Tuesday, October 13, 2015

CBN’s forex restrictions on Crude Palm Oil: Economic implications

Osinbajo says Nigeria’s economic management needs a re-think

The effect of lower oil prices on West Africa-focused oil, gas companies

Low purchasing power, ignorance affecting tea demand

Chinese Hongxing’s $120m investment boost steel sector

Improving viability of microfinance institutions

The Adesina Targets

N146bn loss makes investors cautious on equities

Addressing the refugee crisis in Europe

Changing the face of HIV/AIDS: Protecting our girls

The Dangote phenomenon

States to partner with NNPC, MDAs to expand resources

Assembly okays FG’s N10bn infrastructure development loan to Ogun

Nigeria receives $6bn inflow of FDI annually – NIPC Director

S Korea secures 23.5 million metric tonnes in 2027 LNG term deals

GTBank empowers growth of SME sector in Nigeria 

Twitter cuts 336 jobs amid restructuring

China’s imports see sharp fall in September

Volkswagen to cut investment by €1bn

AB InBev and SABMiller agree takeover terms

Ecobank selects Deutsche Bank’s export credit guarantee program for trade financing

Demutualisation: NSE names Rand Merchant Bank, Chapel Hill as financial advisers

TETFund opens ‘Renewable Energy Research Centre’ in Bayero University Kano

Naira trades flat as CBN adjusts rate to N196.98

Ikeja Electric plans to rolls out 12,000 meters monthly

Experts task Buhari’s government on inclusive economic blueprint

New Customs boss vows to fight corruption at ports

DSS parades two suspected abductors of Olu Falae

NNPC denies slash in petrol prices

Outdoor advertisers call for rate review, seek robust relations with Lagos

Fire guts Newswatch premises in Ikeja

Monday, October 12, 2015

Disu, MD, Lekki Worldwide Investment, shot dead

Rivers ex-commissioners point at where N60bn gas turbine proceeds could be traced

Accepting the new reality

PHN, HSDF, Cambridge University, tackle leadership crisis in Nigeria’s health sector

FG fears housing deficit could hit 23m by 2020, promises Im units yearly

Senate receives second batch of ministerial nominees

Tough economic choices: Control vs liberalisation, regulation vs deregulation

Ministerial nominees: Are they giants among men?  

Fashola: It will be transformation all the way

A case for SMEs

BOI, Skye Bank set to revitalize Imo’s industrial layouts

Can Buharinomics pull Nigeria back from the brink? (2)

Africa’s mobile telecoms growth set to slow

Indomie CSR evokes emotions, 2015 Heroes edition not exception

New Fragile Five is ‘biggest threat to growth’

$300m Aba Mega Mall project, attracting interest from stakeholders

NSE market capitalisation improves by N22bn

CBN strengthens FX peg to $196.98

Dow Chemical seeks to triple Africa revenue in five years

Nominee screening: The 8th Senate on trial

Buhari sends second batch of cabinet nominees to parliament

India-Africa Summit will strengthen Nigeria-India relations – Envoy

Buhari urges NASS to domesticate Lake Chad Basin water charter

Brazil to invest in rice production, housing in Nigeria

Boko Haram: Obasanjo leads Colombian security experts to Buhari

Traditional dye on fabrics will increase revenue – Expert

INEC recruits 13, 052 ad hoc staff for Kogi governorship election

DHL Express triumphs as Top Employer in Africa in 2015/2016

Buhari to keep oil minister post vacant

Experts say business digitalisation key to stimulating growth

Why Rivers quakes over Amaechi’s ministerial nomination

Saraki is indisciplined, disloyal – Tinubu

NNPC’s export receipts decline by 67 percent to $607.8m                

Sunday, October 11, 2015

NIGALEX seeks government intervention to save multibillion naira local aluminum industry

On the utmost importance of policy credibility

Power investments squeeze as losses reach N240bn annually

The Senate’s mischiefs threaten good governance in Nigeria

Why you need to do regular financial health check

Buhari versus the Pope (but we are blessed all the same)

Appointing a finance minister is pivotal to how attractive Nigeria becomes to investors

Oil extends gains, for biggest weekly rise since 2009

Rak Unity Petroleum records low margins on rising costs

NPA advocates improved infrastructure to facilitate exports

Super Eagles whip Cameroon 3-0 in friendly

EU storms Port Harcourt to spike investments

Saturday, October 10, 2015

The making of new FIFA President, Issa Hayatou

Restructuring governance (1)

As BVN deadline draws near…

Ecobank scraps sale of Nigerian unit stake as market slumps

Music to OPEC’s ears: IEA sees cartel’s oil strategy as having ‘intended effect’

Buhari tells French delegation about plans to diversify economy

Infrastructural deficits impede increase in agric productivity

Bayelsa State governor Dickson mourns Alamieyeseigha

Getting more girls into Science, Technology, Engineering and Mathematics

Evaluating MTN’s new TV commercial as society’s enabler

Refreshing memories at 9/11 Memorial, Museum

Diepreye Alamieyeseigha is dead

Friday, October 09, 2015

Nigeria’s T-bill yields set to fall next week

Nigerian interbank rates fall to average of 0.75 pct on excess cash

Ministerial nominees not pushovers–Ngige

Lawmaker attributes Super Eagles loss to DR Congo to Enyeama’s exit

Kashamu, Adesegun, lose NASS seats in Ogun

Nigeria loses $966m in 4 years to crude oil swap deal – NEITI

Shell asks shippers exporting Nigerian oil to sign NNPC guarantee

Load Sensors – the perfect solution to haulage fraud

Blatter appeals against 90-day ban

Access Bank partners Peugeot on vehicle acquisition finance scheme

Thursday, October 08, 2015

Nigerians, Africans confident of tomorrow, survey

Cannes… after the storm

Western countries lead FDI into Africa

Private Equity firm KKR to make Nigeria regional base

Live and let die

Cash flow versus capital gains investment strategies

Beyond 2015: Proposal for powering Africa’s future

Dangote Industries strengthens relationship with CNN International

Nigeria to raise N80 bln in 2020, 2024 bonds

Dignity in mental health

Governor kicks against national privatization exercises

Facebook to launch satellite to expand Internet access in Africa

Improving national security remains our topmost priority- Buhari

Making it easy to invest in emerging market real estate

RIFAN kicks against removal of rice from import restriction

Enyeama quits Super Eagles

Issa Hayatou to serve as acting FIFA president

Stock market lull to persist till 2016 — Operators

5 essential gadgets for the modern Nigerian home

Nigeria raises N127bn in T-bills at lower yields

Christ Chapel announces programmes for its camp meeting 2015

MBA tour holds tomorrow in Lagos

CBN to introduce ‘purchase and cash-back payment’ scheme

Nigerian law school class of ’84 reunites in Abuja

Nigeria, Saudi Arabia set to straighten ties

Nigeria loses 40% of electricity during distribution

Lafarge Africa begins N200m road reconstruction in Ogun

Experts advocate for FX through pest museum, as entomologists hold 46th conference

Global migration crisis presents opportunity for ending extreme poverty – WB/IMF Report

Labour seeks government’s support against indecent work, unfair wages

Barclays reviews Nigeria’s membership in EM local currency bond index

Africa’s mobile telecoms growth to slow sharply in next 5 years: study

Fowler’s appointment as FIRS boss illegal – Timi Frank

Abia to invest more in agriculture to boost economy

Abia MSMEs urged to tap into GEMS4 project to grow businesses

Wednesday, October 07, 2015

Ecobank scraps sale of stake in Nigerian unit after market slump  

NASDAQ listed financial firm sees Nigeria commodity exchange opportunity

Raw materials, spare parts, food drive Nigeria’s import bill

Investors show positives sentiment towards equities

The West and Nigeria’s anti-corruption fight

Human rights and rule of law crucial to global order – World leaders advocate

The nature of social contract in Nigeria (1)  

Africa and the Middle East: Banking on future growth

Homegrown solutions will help Africa thrive online

JP Morgan index and collective self-delusion

Buhari to meet Leadership of Senate, House of Reps later tonight

Telecoms operators now have 151 million active customers – NCC

Politicians, lawyers kick against immunity for NASS officials

NIMC enrols 7 million Nigerians – D-G

EMAN urges government to ensure strict implementation of town planning laws

Thailand, 4 others express investment interest in Nigeria’s mining sector

FG to raise N80bn in 2020, 2024 bonds

Nigeria’s PenCom emerges Africa’s best

Kebbi fast-tracking FG’s rice sufficiency plan – Governor

FirstBank targets women entrepreneurs for sustainable capacity building 

Oshiomole accuses Jonathan’s government of spending N3.5trn from pension fund on recurrent budget

2016 Budget: FG directls MDAs to cut cost

Banks dither on single account implementation       

UBA CFO, finance team win at CFO Awards

NLC factions unite to mark decent workday 

Lagos saves N3bn monthly from re-structuring of governance

Dangote says I have no interest in political office

World Bank realigns partnership strategy to help rebuild North East – official

Italian CEOs pursue trade, investment in Africa

Zenith Capital appoints Jubril Enakele as CEO

Ghana suspends judges, magistrates over graft

Tuesday, October 06, 2015

Coming to America

Investors task incoming agric minister on transformation agenda

Nigeria, Ghana, Gabon have lowest fuel pump price in West Africa

Analysts offer roadmap for screening ministerial nominees

The positive micro side of the single account

X-raying problems hindering agribusinesses in Nigeria

FXTM Pro account launched for institutional traders

Vision 20:2020 revisited

AFDB’s new deal for power sector in Africa

2016 Budget: FG directs MDAs to cut Cost

Saraki files for futher stay of execution against CCT

Stakeholders want government to investigate EEG disbursement in past 10 years

Ambode set to reinforce inclusive governance in town hall meeting

NAMA implements PBN at 15 airports to reduce cost of flight for airlines

Chigozie Obioma — Emerging Voices 2015 fiction winner

‘Nigeria needs technology-based planning to achieve developmental goals’

CBN policy: Massive job cut looms in manufacturing sector

Pencom to launch micro pension plan to boost Nigeria’s N5trn industry

CBN to reconsider FX controls as demand drops

 BoI moves to cut graduate unemployment with N2bn entrepreneurship fund

Nigeria, US sign $2.3bn pact to fight poverty     

Tech Trends 2015: The fusion of business and IT

Indigenous technology solutions at your doorstep

Senate unveils 21 ministerial nominees

Discos begin customers’ enumeration to prevent malpractices in distribution

NERC orders Ikeja Disco to pay N131.4m fine

Anambra group in South Africa to award scholarship to 20 pupils

Akwa Ibom IGR hits N2bn monthly

EFCC arrests Jide Omokore over corruption charges

Monday, October 05, 2015

NEPC sensitises newly registered exporters, targets N800bn revenue in 2016

Nigeria at 55: Key matters outstanding

Rethinking national security (2)

Insurance firms show strength in half year

African youth to benefit from SAP’s free digital literacy training

Russia says ready to meet OPEC, non-OPEC producers for consultations

UBA Foundation’s essay competition to test students’ literary level

“Deregulation, cost-reflective tariffs, transportation infrastructure key for growth in power sector”

MAN Diesel & Turbo promises energy solutions as Nigeria office opens

Nigeria’s comatose paper mills

New CSD, Big Cola competes for market share with N5b initial investment

World Bank projects SSA’s growth to slow to 3.7%

2016 Budget will include new policies to boost economic diversification- Buhari

Contributory pension fund hits N5 trillion – DG PenCom

NESREA seals Lagos-based NIGALEX for violating environmental laws

Apapa Area 1 Customs revenue falls to N23.3bn

Shell starts production from Bonga Phase 3 project offshore Nigeria

Naira “appropriately priced” – CBN Governor

Osinbajo tells BusinessDay economy won’t be in recession

No progress in governance across Africa -Ibrahim survey

Strike: Aviation unions give NCAA 14-day ultimatum

Cashew farmers made good profit in 2015 season – Association

Europe will find a solution, – Barroso tells IBA gathering in Vienna

NNPC sues NNPG, CAC, others over infringement on trademark

Jonathan debunks El-Rufai’s claims on anniversary spending

Analysts expect FX demand pressure as JP Morgan delists Nigeria

Sunday, October 04, 2015

A great teacher named Gamaliel

LCCI unveils new agenda for SMEs

The SDGs are useless without economic growth  

The impact of ‘currency wars’ in oil-exporting Africa

Banks defy odds in N400bn half-year pre-tax profits

Investors await Capital Oil restructuring

Review of Grace and Guts (3)

Fashola, Amaechi tipped for Works, Education ministries

Insurance benefit –the poor or the rich?

The history of war versus the war of history

2015 IBA annual conference opens in Austria today!

El-Rufai’s expose on Independence anniversary squandermania elicits outrage

Saturday, October 03, 2015

Assets declaration: Yar’Adua dusts Buhari

Kidnapping: The ding-dong of ransom payment

Can Man United pile more misery on Arsenal?

For Abia, it’s a new beginning

What wealthy Nigerians owe their nation (3)

Sahara advocates alternative Energy Investments at UN meeting

Hedging against TSA’s unintended consequences

Royal Exchange gross premium hit N4.12 billion, up 8.42 percent

Nigeria Breweries to raise $502 million to support growth

Hotel group targets 50% Africa hotels growth in five years

Back to school

Equatorial to weigh mergers in Africa

Abuja bombings: Saraki advocates increased intelligence gathering

PDP condemns Abuja bombings

Abuja bombings: Buhari directs security agencies to increase surveillance activities

Terrorism attacks: Dogara harps on intelligence sharing among security agencies 

FCTA offers free treatment for victims of Kuje, Nyanya multiple bomb blasts

Committee on establishment of national carrier submits report

Friday, October 02, 2015

Safeguarding Auditor Independence

50 French coys to visit Nigeria for business opportunities

London: Ex Nigeria oil minister Diezani Alison-Madueke ‘arrested on suspected bribery charges’

Ondo plans chocolate production for Q2 2016

Nigerians can develop solid minerals sector – South Africa-based expert

African crops, economies at risk as El Nino threatens to scorch and soak

Nigeria overnight rate nears 3-month low on excess liquidity

Virgin Atlantic rolls out Independence Day giveaway with preloaded oyster travel card for customers

Independence: Let’s return Nigeria to glorious past – Ambode  

Access Bank to modernise e- channels with CR2’s BankWorld

We are not bankrupt, says Arik Air

El-Rufai declares state of emergency on education, pardons six prisoners

Nigeria to grow beverage industry by 10.8% in 2019

World leaders confident of Buhari’s good governance, corruption-free Nigeria – Obasanjo

Lagos pays N4.5bn to 1,201 retirees in 2 months

‘Cyber risk is not an excuse to ignore new technologies’

Thursday, October 01, 2015

Capital flight darkens economic prospects for emerging markets

European carmakers mount defence of diesel after VW emissions scandal

Hajia Bilkisu Yusuf and the tragedy this time

Big problems await Nigeria’s economy and finance ministers

Nigeria inflation may soar as floods destroy produce worth of N49 billion

Corruption crisis: Blatter, Platini avoid face-to-face contacts

SA job losses mount as economy stumbles

Eunisell records significant leap on Qua Iboe Field

Analysts tasks govt on devaluation, deregulation, fiscal policies

Family finances after marriage

A change of gear in Italy

Buhari asks Nigeria to be patient about cabinet

Traders price Glencore debt like it was junk as group looks to calm investors

Credible opposition and democracy in Nigeria

Saraki, Odigie-Oyegun, CJN declares hope for Nigeria, says future is bright

Wednesday, September 30, 2015

Buhari orders audit of NNPC,  CBN, Customs, FIRS  as revenue tightens

BT rivals angry after minister casts doubts on broadband split

Buhari lists ministers to tackle election promises on economy

The Nigeria tragedy at 55