Businessday Nigeria Archive for January 2016

Saturday, January 30, 2016

NCC admits mistake in sale of  Visafone to MTN

Nigerian children and the threat of measles

Africapitalism: Defining Africa’s path to socio-economic emancipation

Brand endorsement by celebrities

Dubai; still shoppers’ heaven two decades on

Nigerian states and shrinking revenue

The Power of the Human-Rights Movement

The benefits of Meditation to corporate executives and entrepreneurs

Air France KLM celebrates customers in grand style

The seven (7) steps to staying relevant in a challenging economy as an SME

4 die ,13 rescued from boat mishap in Lagos

Coca-Cola, TGI Group announce strategic investment in Chi Ltd

INEC re-deployes nine administrative secretaries

Nigerian stocks gain, buoyed by oil price

Coca-Cola buys stake in Chi

Interbank rate falls on increased liquidity

Friday, January 29, 2016

FG to audit NNPC, others

Buhari not undermining CBN’s autonomy, says Presidency

Labour, civil society for showdown with DISCOs over electricity tariff

Oil price collapse raises prospect of IMF bailout for oil producers like Nigeria, others

What Kenya, Nigeria should have learned from each other this week

Supreme Court sacks Ubah, Oduah, announces replacements

Falling oil price raises prospect of bailouts for crude producers

South Africa’s Liberty buys control of Ugandan short-term insurer

When outright buying is not an option, take a lease

Thursday, January 28, 2016

Nigeria lags as world accelerates with 4th Industrial Revolution

Celebrating a man of understanding of times and seasons: Pastor Paul Adefarasin

Awaken your spirit

Steve Harris, bridging the gap between your performance and potential

Organic farming set to boost productivity in Nigerian agric sector

World Bank slashes oil price forecast to $37 a barrel

Significant decline in share price of oil majors dampens NESF profit

Suntory in early negotiation to take over GSK’s Ribena, Lukozade brands

Neo-Biafranism and the realities of war

What is in a language?

Ballon d’Or: Who ends Messi/Ronaldo dominance?

FG projects 20% increase in VAT collection for 2016

Buhari against devaluing naira, sees recovery soon

Nigeria’s parliament orders tax payments from oil traders

BDC’s now a scam and drain to Nigeria – Buhari

Trafigura owes taxes for Nigeria oil deals, says tax chief

Nigeria must expand grid to boost power – Azura

Association decries non-compliance with Customs licensing procedures

Corruption, bane of past social intervention schemes – Osinbajo

FG targets N66.1bn revenue from stamp duty in 2016

Saraki to Obasanjo: I’ll respond to your letter formally

Budget defence commences in Senate February 2

Danbatta reveals NCC’s 8-point agenda for 2015-2020

Lagos records fresh death from Lassa fever

Supreme Court upholds Wike’s, Umahi’s elections as duly elected governors

Poland pledges support for Nigeria’s economic diversification drive

Property prices rise 20% in Lagos Mainland, drop 25% on Island to close 2015

Naira falls across markets as dollar shortage bites harder

$2.3m land payment: Court adjourns money-laundering charge against Ohakim

Unemployment: Okowa tasks NYSC on skill acquisition

Buhari seeks stiffer laws to fight corruption in 2 bills to Senate

Alleged plot to sack workers raises tension in Nigerian ports

Wednesday, January 27, 2016

Motorists to pay fuel levy, road licence fees as revenues fall

Democracy or development?

Felted Thoughts

Shrinking aviation sector swells rank of idle pilots

Now is the time for Nigeria to innovate in digital financial services

TSA and matters arising

PFAs position to take advantage of PenCom’s informal sector push

NNPC: scrutiny leading to increased openness  

Nigeria and the menace of child trafficking

Capital controls no longer taboo as emerging markets battle flight

The Nigerian Electric Power Sector in 2016 – Concluding Part

Fresh oil bounce lends support to global equities

Supreme Court upholds Gov. Wike’s election

Buhari tasks global community on increased vigour against terrorism

Nigeria to raise N192bn in T-bills

InterMoor appoints Bolatiwa as general manager in Nigeria

Nigeria open to deal with mobile group MTN over N1.04trn fine

OPEC-led attempt for oil-cut deal under way, prospects slim

2015 global corruption ranking sees Africa lagging still

Obasanjo lashes out at legislators, say they also must account to the people

Nasdaq to provide SMARTS Market Surveillance technology to NSE

Reps say N5.1bn for UN building renovation outrageous

Equities retreat as MPC disappoints analysts

December revenues ramped up on efficiency, Nigerian authorities say

Junior Achievement Nigeria organises MBA training for NYSC members

Buhari, Osinbajo, Saraki, others to storm Kogi for Bello’s swearing-in

Naira firms against dollar as CBN keeps rate unchanged

‘Banks, insurance firms default on contribution to housing scheme for 24 years’

More shocking revelations on corruption coming – minister

Customs sets N1trn as revenue target for 2016

Lagos confirms participation of world-class marathoners as 20,000 expected

Obama sends business delegation to seek opportunities in Nigeria

Buhari pledges implementation of National Health Act

Muslim women urge FG to intensify fight against terrorism

Tuesday, January 26, 2016

Analysts react negatively to MPC inaction on devaluation

Nigerian Economy in 2016: Withdrawal Symptoms

Distributional equity as empowerment strategy

As the price of oil continue to crash

‘Restructuring of NNPC, Ministry of Petroleum has been over politicised and delayed’

Shine a light on the gaps (1)

NEPC in push to raise non-oil exports to $30bn

Great Nigeria Insurance premium income up 23.55 percent

Falling commodity prices can aid extractive sector transparency across Africa

Business strategy in economic uncertainty

Springfield Agro partners RiceCo to boost local rice production

Buhari to attend Kenya-Nigeria Business Forum, AU meeting

CBN keeps benchmark interest rate, naira exchange rate

Opera Mini update brings improved language support, download manager

US Commerce Secretary hints at factory lay-offs in Nigeria

EFCC probes Sun International’s investment in Tourist Company of Nigeria

Tough trading environment hits PZ Cussons Nigeria’s revenue

Monday, January 25, 2016

Abia to set up poultry villages

Metuh invested $2m in ARM, witness tells court

Nigeria to enjoy innovation boost with new government tech startup forum

Criticism trails Akwa Ibom government’s handling of Lassa fever outbreak

Corruption: APC govt ‘ll be open for probe – Odigie-Oyegun

‘Spending, investment will be flat until government does the right thing to boost other sectors’

Banks face default risks on dollar-denominated bonds

oil has failed!

Sino-African relations: A win-win solution?

Buhari and Zuma should speak cautiously on the economy

Lagos intensifies fight against Lassa fever

Lagos reads riot act to residents over gated streets

Cocoa succumbs to commodity rout

Vono products posts N102.21 million losses

Naira closes N305/$ as investors await devaluation at MPC today

Investors gauge CBN boldness in move to naira equilibrium

China indicates interest in Nigeria’s honey, other products

Naira flat, stocks gain as CBN meets on rates

FG uncovers illegal oil bunkering in Lagos, arrests 8 vandals

Exxon Mobil sees a world with less carbon but higher-cost emissions

Google to face grilling by UK lawmakers over tax deal

Lagos State to meet bondholders on debt repayment

Rivers, Akwa Ibom communities get Total E&P new deal

iROKO closes on $19m content and capital deals

Imo industrialisation: German maintenance engineers received by House speaker

MOSOP crisis: Ogoni elders, leaders of thought, past leaders wade in

Africa Currency Crises Spark Diverging Central Bank Stances

Nigeria Cocoa Midcrop Harvest Seen Down 60% on Harsh Weather

Buhari’s marching order to the NDDC: Find solution to pipeline vandalism

LCCI canvasses relaxation of FX market

Invest N5trn pension fund in growing real sector – Fashola

Lassa fever scourge: TUC tasks Buhari on $1bn spent yearly on medical tourism

Calmness seen in FX market as CBN refunds N35m MCD to BDCs

Sunday, January 24, 2016

Insurers await N185bn windfall on infrastructure budget lift

Who is thinking for us? (2)

Armsgate: The scandal that ravages Nigeria’s critical institutions

Banks could be at rough end of Naira devaluation – analysts

Nigeria’s N500bn garri industry unmoved by Lassa fever threat

The self-loading rifle (SLR) and 500 years of Nigeria’s history

Nigeria’s struggle for democracy

Customs generates N904bn for 2015 amid lowering imports, porous borders

58 hearty cheers to Amosun

If you have flown the MD83, you shouldn’t have issues flying any other aircraft

Presidential prudence, gaffes and other matters

Experts x-ray options for 2016 budget in dilemma

Electricity companies dupe Nigerians in darkness with ‘cooked’ bills

Saturday, January 23, 2016

‘Despite Buhari’s slow pace, the promised change will come’

Expert wants Nigeria to maximise opportunities in global non-interest economy     

When Olisa Metuh ‘sinned’, PDP suffers

Anambra senatorial re-run: How Anambra APC nails Ekwunife’s ambition

NLC threatens to ground Imo economy over workers’ sack

Degrees of backwardness (2): Apes and monkeys for concubines

Literacy: A good investment

States self-discovery and oil price slide

Agriculture will be a unifying force for Nigeria- Africanfarmer Afioluwa Mogaji

SMEs development: 5 things the Buhari government needs to do

The new electricity tariff

Nigerian workers and habitual african time… President Buhari shuts the door!

Tales from Uhuru Peak…

Budget: Why I’m opposed to tax increase – Bassey

ACCA outlines survival strategy for oil, gas firms as revenue dips

90 business groups endorse intercontinental highway from Sicily to Cape Town via Lagos

French agribusiness, cosmetics investors show interest in Nigerian economy

Nigeria to receive $2.6m from GEF to develop power sector

Friday, January 22, 2016

Lagos to host global leaders at The Economist’s Nigeria Summit 2016

Ikpeazu woos investors to Aba

CBN’s policy forces flour millers out of business in Kano

DPR recovers 114,000 litres of diverted petrol in Adamawa

Nigerian interbank rate eases after central bank injects liquidity

NMA seeks upgrade of lab facilities to cope with viral diseases

Nigerian Risk Awards introduces public voting category

FG considers tax changes to ease economic crisis

Nigeria plans $1 billion Eurobond sale to plug budget gap

Will Buhari fall into history’s trap?

MTN jumps as court adjourns case to allow for settlement

Nigeria, S. Arabia see bounce for oil price after turbulent first half

OPS calls for reversal of N50 tax under stamp duties

Gionee set to launch M5MINI phone in Nigeria

Local manufacturers say CBN policy ramping up capacity

Scrapping of fuel subsidies to save Nigeria $5bon

Metuh docked for destruction of evidence

Yusuf Agabi, others re-arraigned over fraud in Niger Delta ministry

Nigeria loses N470m daily from Escravos pipeline attack

Honeywell appoints Seye Sandey to the Board

‘2016 will be characterised by continued growth in retail contribution’

Enugu gets MultiChoice’s 10 digital resource centres

Firstmonie, MMIT collaborate on BlackBerry social commerce

God has a hand in Nigeria’s economic challenges – Oyegun

Thursday, January 21, 2016

FG retirees access pensions on release of N40bn bond

Nigerian students shun UK universities, cross to USA, Canada

2016 is crunch time for Nigeria

Arochukwu young professionals on the Abia Appeal Court judgment

IBEDC says Military, MDAs owe N5.9bn debt

Dangote, Bill Gates set aside N30bn to end under-nutrition

BofA sets aside $500m reserve for energy losses

Unilever warns of ‘high volatility’ and tough trading in 2016

Awards and rewards

State of the nation

Nigeria widens budget deficit to N3trn after oil rout

CBN approves Microcred Microfinance Bank national licence

FG rewards victorious 1985 Golden Eaglets squad

FG targets N394 billion from non-oil export

Nigeria’s stocks in 2-day consecutive rally

NITDA DG suspended indefinitely over misconduct

Nigeria will have to devalue in 2016 – S&P

FY’15: Domestic institutional investors reduce equities bet by N215bn

IMF launches selection process for managing director

Man United tipped to reclaim world’s richest football club

Nigeria sees $5 billion silver lining to oil rout on subsidy end

Electricity consumers groan over dismal power supply as Discos and TCN trade blames 

Real Madrid top richest football club

FG plans one ward one Primary Health Care

Shoreline of Nigeria suspends $500 million bond on oil crash

Land swap: Aggrieved Abuja indigenes raise alarm over N1bn resettlement scam

Stakeholders conclude financial closure on 450mw Azura –Edo IPP

NNPC shuts Kaduna, Port Harcourt refineries over vandalism

Bird flux outbreak hits Edo

FG sells N85.8bn in naira-denominated bond at higher yields

IOC doubles crude oil buy from Nigeria on term contract

Ibadan to host ICT stakeholders

Analysts blame corruption at port on manual clearing process, 100% physical inspection

Biafra: Court orders Nnamdi Kanu to be remanded in prison

FEC cancels weekly meeting

Naira devaluation impacts commodity price level across markets

N2.3bn NIMASA fraud: Fashion designer got N546m for undisclosed service

Scottish oil/gas trade delegation seeks opportunities in Nigeria

Oil price resumes its fall in Europe

Shoreline of Nigeria suspends $500 million bond after oil crash

Wednesday, January 20, 2016

Semenitari redeploys NDDC management staff

Airlines squeezed as dollar shortage hits operations

A gradual descent into autocracy (3): an atavistic longing for a strongman

NSE top 25 CEOs boost market capitalisation by N301bn in 2015

Roadmap to employability and entrepreneurship skills development in Nigeria

Is China triggering a global crisis?

2016 budget not realistic – Senators

Abraaj Group invests in SAH, a leading personal care products manufacturer in Tunisia

China’s stock-market red herring

IEA energy watchdog says oil market could ‘drown in oversupply’

Oil price rout further dampens stock investor sentiment

Dasukigate: Hope our congress is watching (2)

We will sign obituary of Lassa Fever this year – Health Minister

2016 Offshore West Africa Conference to focus on local content legislation

Paltry fines for gas flaring encourages further practice

FG, states sign Abuja Commitment, rejig strategies for total eradication of Polio

Oil price will rise again in 2016 says BP boss

Nine days on, Nigerian stocks rise again

FEC cancels it’s meeting

Dangote group begins work in Zimbabwe

Nigeria’s regulators aim for debut sovereign sukuk in 2016

Oil swap scam: FG loses N1.127trn to tax evasion – FIRS

Devalue or watch your stocks tumble: Investor message to Nigeria

Courts slams Metuh with N400m bail

SEC, DMO to collaborate on issuance of Nigeria’s first sovereign sukuk

Naira falls again as Senate endorses CBN FX policies

Lagos rehabilitates 300 roads as works begin on 114 others

Lassa fever: FG strengthens alert system with additional seven diagnostic centres

Nigerian press promises to challenge Appeal Court judgment on press council decree

Buhari admits errors in 2016 budget proposal, as PDP, APC Reps trade words over proposed amendment

Stakeholders seek sustainable solution to Apapa gridlock

BPP introduces tech to drive efficient procurement process

Olubadan dies at 101

CBN worries as non-oil exports income slumps by over $6bn in one year

CBN orders banks to charge on stamp duties

NUC approves 14 courses for IBB varsity

Again, Charles Okah files for bail

Tuesday, January 19, 2016

Adeboye concerned over Rivers’ lingering problems

Respite for subscribers as MTN provides solutions to SIM registration hassles

Rivers APC asks Buhari to release N800bn owed NDDC

Nigerian Senate hopeful of strong naira after reassurances by Emefiele

Online vs. offline: why your business needs both

NAFDAC, SON failures allow harmful products into Nigeria

‘Mechanisation will help eradicate poverty among rural farmers’

Currency speculators dump domiciliary accounts on naira depreciation

Nigerian Bank stocks collapse widens valuation gap from Kenya to SA

Animating the SME sector through economic linkages

Goldlink Insurance post`s N731.46 million loss on rising claims expenses

Lifting cash dollar deposit restrictions means heightened expectation for banks’ LCs

Dasukigate: Hope our congress is watching (1)

Light-up Lagos Project and safety of public infrastructure

How to rehabilitate the North-East

Senate endorses Emefiele’s monetary policies after hearing

Food prices in Nigeria defy logic as global prices drop

Nigeria signs agreement with UAE on recovery of stolen funds

Don’t place profits above security needs, Buhari warns telecom companies

FG’s Social Intervention Prog will not be politically influenced- Presidency

IPOB to file complaint against Buhari at ICC

Expert wants Nigeria to maximise opportunities in global non-interest finance

‘IEA warns oil market could ‘drown in oversupply’

Kano to host conference on National Council of Agriculture

Kano donates N10m to Federal University, Dutse

Buhari sends ‘corrected’ 2016 budget to Senate

Nigeria to enforce stamp duties law on financial transactions – CBN

Commercial activities halted in Aba, as IPOB protest turns bloody

Imo Labour calls Okorocha’s bluff over mass sack of 19 parastatals

MTN Nigeria to declare N190bn FY profit

Naira firms as BDCs await CBN’s circular on autonomous supply

US, EU promise to assist Nigeria resettle IDPs

TB Joshua files fresh application to stop trial over death of 116 persons

Lagos LG caretaker committee: Court declines jurisdiction on NCP’s suit

Group warns against military coup, tackles Fayose over inciting statements

Kano to commission N14bn independent power project

Transcorp Hotels lists N10bn bond on FMDQ OTC platform

Nocart wins power plant contracts in Nigeria, Malawi

Organisation calls for restructuring of BDCs, stands behind CBN on FX policies

Climate change: Buhari tasks global community on cooperation

Monday, January 18, 2016

Winning the war against Lassa fever

2016 budget under threat as oil price nears production cost

Buhari’s corruption drive lays bare Nigeria’s political tensions

CBN: One step forward…many more steps needed  

Refining the refineries

N2.1trn equties loss questions Market Makers liquidity role

Africa’s challenges remain the same Rafiq Raji

How Nigeria can promote agriculture through export competitiveness

Farm yields set to increase as military clears Boko Haram

Inspiring excellence in public primary schools through CSR

Project management, controls, cost engineering and quantity surveying (3)

Is Netflix entry into Africa a threat to Cinema, pay TV?

Keep calm and be c-protected!

Telecoms active lines over 152m in November

Naira slides further, sells at N297 to dollar at parallel market

Israeli firms announce signs of large gas field in Mediterranean

IRENA/ ADFD announce $46m loans for renewable energy projects in Africa

Nigeria has highest number of IDPs – Zoro

Climate Change: Buhari tasks Global Community on cooperation

E-commerce: Professional printers call for resuscitation of moribund paper mills

Richest 62 people own same as half world’s population

Sub-Saharan Africa 2015 debt issuance falls 22 per cent

Nigeria stocks fall 3.1 pct to 3 1/2-year low on sell-off by investors

As court verdict fails to distract Governor Ikpeazu

Arik Air connects Libreville with Lagos, Port Harcourt

Saraki orders review of NASS security

Lagos confirms first case of Lassa fever

Economic experts uphold diversification as key to mitigate economic challenges

NNPC kick-starts retail outlets expansion project

Naira pressure to heighten on CBN’s window closure against BDCs

Is it time to invest in solar energy? Why the solar market is now booming

Nigeria introduces circuit breaker as Stocks extend slide

Sunday, January 17, 2016

Charts show Nigerian stocks to bottom at 20,000 points

Love it or hate it, the IMF is a force for good

Who is thinking for us? (1)

The gain and pain from import substitution

John Holt says currency devaluation hurting profits

Stakeholders meet over $900m Azura-Edo IPP

2015, 2016 and January winds (2)

Liquidity, price to aid property rebound in 2016

KPMG and Sir Ronald Leach

‘Favourable fiscal terms are important to encourage investors’

Schools resume without the ‘Enuowas’…

Presidency, Reps confirm Buhari’s letter correcting errors in 2016 budget

Nigeria’s inflation edges to 9.6%

NUPENG to picket LASG over N224m debt

No plans to review new forex rule, CBN tells BDCs

60% of world population excluded from digital economy – World Bank

FG response to rising Lassa fever epidemic condemned

A week of presidential drama: Budget Thievery, Withdrawal, BBOG’s visit

Buhari assures Burkina Faso of Nigeria’s support after terrorist attack on Quagadogou

Outlook for 2016: Political figures, institutions to watch

Saturday, January 16, 2016

Nwobodo’s politics of convenience

Ambode, Oba of Lagos call for national cohesion

DPR seals 7 petrol stations, orders marketer to dispense fuel free

The battle of the Reds’: Man United face Liverpool’s Anfield test

FIA says refuelling could return to F1

Degrees of backwardness (1): Flowing Robes

What’s your new year plan?

Will the Supreme Court obey the supreme will of the people?

APC and the elusive change

Infinix brand: Maintaining smart outlook for 2016

No 2016 engine for satellite Hondas at Sepang

Doctors, nurses desert Port Harcourt hospital over abduction, Lassa fever

Turkish Airline: NCAA resolves to unearth reasons for rights breach

Unilever donates relief materials to IDPs in Maiduguri, Nasarawa, Yola

Indian Oil Corp doubles annual oil purchase deal with Nigeria

Friday, January 15, 2016

DFID to invest £30million in climate change programme in Nigeria

Eko Disco announces planned power outage

Interbank rate stays at 1 percent, but rise seen next week

Why Nigerian protesters still march to Radio Biafra’s explosive beat

Arik Air launches Gabon flights service from Lagos, Port Harcourt

SABMiller to close South Sudan unit due to low forex supply

How BUA-Olam $125m deal can boost flour milling industry

Endless fuel subsidy razmattazz …Who craves to be ibe kachukwu?

Hope rises for $900m Azura-Edo IPP

Oil slides below $30 on oversupply fears

Buhari orders probe of 38 people, firms over arms deals

NSE loses 30bn dollars to crude oil slide

World Bank to assist oil palm processors in Edo – FADAMA

Recruitment of 10,000 policemen personnel kicks off March

Communication minister commends Nigerian IT firm for contributing to other economic sectors

IGP orders psychological evaluation of arms bearing officers

N400m Dasukigate; EFCC slams Metuh with 7-count charge

Naira may exchange for N320/$ next week as Senate summons Emefiele

N34bn fraud: Court issues bench warrant on Tompolo

How FG will doll out conditional cash transfers to vulnerable Nigerians – Ngige

Nigeria loses $1bn annually to unpaid gas flare fines

The King’s Court marketplace discourse seeks knowledge, righteousness in business

Udom seeks more FDI in maritime, tourism sectors

Metuh drags FG to court over abuse of fundamental rights

Outbreak of Lassa fever in Abuja, one death recorded

Thursday, January 14, 2016

Court orders arrest of Edo House of Reps member over alleged forgery of tax document

The power of ‘believe’

Nigeria’s new car market drops by 67% in 2015

On Oshodi market demolition

Orange will acquire 100% of the mobile operator Cellcom Liberia

NB improves local sourcing of raw materials

NSE targets derivatives market in 2016 growth plan

Investors await Buhari’s New Year economic plan

Indigenous investors set to pool N7.6bn tourism investment in Ife

Thinking like the rich

Oil price tumble hits jobs and capital expenditure

Buhari orders investigation into the kidnap of 219 Chibok girls

Oil price to slide towards $20 a barrel, warns Morgan Stanley

U.S. Supreme Court gives boost to child slave labor case against Nestle

LCCI tasks CBN on interest rate

Ebola epidemic ended in West Africa but flare ups possible: WHO

Wednesday, January 13, 2016

Cross River sees N10bn investment in rice production

Nigeria, South Africa e-Commerce boosts international trade

NNPC wins Reuters 2015 oil deal award

TrustFund asset hits N300bn, aspires to be market maker

Concern as agency shuts blood bank section of Gbagada Hospital

Naira exchanges N303/$, N405 pounds, N313 euro

TSA policy raises deposits in CBN to N7.8trn

Economic hardship won’t stop support to RSUST – Rivers

Legislation to compel foreign employers to pay national minimum wage scales 2nd reading

Nigeria, 4 African nations to share from Rotary’s $35m global polio fund

Dogara dismisses report on missing budget, presents ceremonial copy to lawmakers

Nigerian Army establishes new division in Borno, South South … to recruit 12,000 personnel in 2016

N13bn land scam: EFCC set to arraign Tompolo, NIMASA boss, others today … as EFCC remains mute over Metuh’s mutilation of statement

‘Vision 2020 is achievable if adequate attention is paid to MSMEs’ … as Aba Urban Development summit holds today

FG to partner Lagos on geo-data, mining safety investigation … as banks to commence operation of solid minerals desk

Reps task FG to stamp out Lassa fever as death toll hits 41

We never completely eradicated Lassa fever since 1994 outbreak

FEC approves $200m IDA loan for projects in Lagos

Report ranks Enugu highest in Human Rights violations

FG spending stimulus to boost consumer stocks

A gradual descent into autocracy (2): Destroying institutions to salvage the country  

The so-called Nigeria, Saudi Arabia policy divergence

CBN seeks early disbursement of N196bn power support fund

Analysts’ projection favours further increase in headline inflation

Vitafoam scales hurdle as sales jump

Positive triggers still scarce for equities

Tension in the Gulf

Fiscal transparency: Rolling back the gains of reforms?

Extreme weather and global growth

Buhari appoints Shettima Bukar-Abba as Acting Executive Chairman of Federal Character Commission

Lagos releases N17.5bn for 115 inner city roads

Nigeria rules out cutting oil production

Reps pass bill to restructure EFCC, establishment of witness protection, detention units

Oil price to plunge further on higher dollar value

Guinness Nigeria acquires distribution rights for McDowell’s

Nigerian stocks fall into correction as oil price plunge dims outlook

Naira hits record low of 300/$ on black market

Arrest of Metuh: We are not apologetic – APC chairman

FG appoints team of experts to visit states ravaged by Lassa fever

Germany to attract more investors to Nigeria

Tuesday, January 12, 2016

NNPC plans first oil assets IPO for 2018

Fashola’s infrastructure roadmap

Desperate OPEC seeks urgent meeting

Operators must restore the basics of microfinancing in 2016 (2)

Apapa-Oshodi Expressway rehabilitation

OPS sees CBN forex review reviving productive sector

Olam buys BUA wheat mills, pasta-making facilities

Compulsory insurances to thrive on enforcement

Strengthening regulatory independence in the power sector

Common credit card pitfalls

Including the unbanked into financial services via mobile payment

The Chinese economy’s great wall

Presidency denies withdrawal of 2016 Budget

NSE market capitalisation drops to N8trn mark

The world’s best cities for sporting events

What are the most exciting sports to follow online?

Why business owners need to keep updated with the latest technology news

Missing 2016 Budget: Senate President Visits Buhari

AMCON seeks bids for stake in Peugeot plant

IATA rates RwandAir Express among world’s top safest airlines

Hedge funds post worst annual return since 2011 -Eurekahedge

N73bn debt: Agro dealers threaten to boycott GES

Europe refiners rush to make more gasoline after diesel hangover

Arrest of Metuh: We are not apologetic- Oyegun

Infrastructure key to addressing housing challenge – NIESV

Cross River to revive declining cocoa production

OPEC may meet soon as oil even hurting Saudi Arabia – Kachikwu

Analysis: Nigerian Sub-Nationals

Nigeria plans roadshow to test Eurobond market

Oil heading towards $20 a barrel, warns Morgan Stanley

FG to close down fuel stations selling above official price

The Citizen Newspaper editorial board appoints Ezra Ikpeama as E-in-C

Naira closes N282 after CBN stops FX sales to BDCs

NSE market capitalisation sheds N233bn

Dickson’s re-election is a victory for democracy – Wike

Abia holds development summit on Aba

President Buhari does not preclude bail – Adesina

Epic seals pact with Chiron to build 107,000bpd refinery in Nigeria

Produce wealth creators not job seekers, Ambode tells new LASU VC

MOSOP, Magnus Abe differ on FG ultimatum on UNEP implementation

Monday, January 11, 2016

Analysts welcome CBN’s review of FX market rules

Buhari and the burden of leadership

Social assistance benefits the poor

‘Government must drive the vision of Technical education in 2016’

“Nigeria has no business being classified as a 3rd world country with ICT development”- Zinox Chairman

Wapic Plc: Strong underwriting performance despite rise in claim expenses

Naira card limits, FX restriction hinder E-commerce

Agencies to face pressure over clients’ expected marketing budget cut

New book on telecoms sector to be unveiled

Project management, controls, cost engineering and quantity surveying (2)

Nigeria VAT collections to triple on improved compliance

Messi beats Ronaldo and Neymar to win fifth Ballon d’Or award

EFCC invites NBC DG for questioning over alleged N15billion fraud

Ekiti LG to cultivate 20,000 hectares of maize, cassava

Fashola unfolds 13-point agenda to revive power sector

Naira dips by 2% against dollar at parallel market

Unclaimed dividends hit N90 billion

U.S. Supreme Court rejects Nestle bid to throw out child slavery suit

Metuh sues EFCC, AGF

Nigeria to sell N80 billion of bonds on Jan 20

Supreme Court reserves judgment on Benue Governorship tussle till Friday

Kebbi spends N28million to improve power supply

Kwara seeks N1.5bn loan to pay teachers’ salary

Unfavourable unaudited results: Sell pressure takes toll on two banks

PDP demands inquest Into Bayelsa election’s violence, killings

CAFAN urges catfish farmers to shun Coppens feeds over price hike

Global demand for air freight may pick up, says IATA

Dasukigate: SERAP writes open letter to Jonathan, seeks explanations

Sterling Bank targets one million new customers in 2016

Committee to submit report on development plan in 2 weeks – Director

Dangote plants seen selling $6bn yearly to Nigeria by 2018

FG to issue N260-390 billion bonds in Q1

Orascom Construction says wins $420 mln power plant contract

Olam snap up Wheat Mills, Pasta in Nigeria

NATCOMS calls on service providers to increase base station capacities

You can’t approve NCC budget, senator tells finance minister

Fire Service to sanction violators of safety code

CBN guarantees Dangote Group of support to get FX for $14bn refinery financing

Kaduna begins free feeding for primary school pupils

Again, Turkish Airlines arrives Nigeria without passengers’ luggage

Abia taskforce on petroleum compels dealers to sell product at N86.50 per litre

Sunday, January 10, 2016

Saudi’s show urgency with Aramco deal as Nigeria dithers

Nigeria must stop the atavistic talk about import substitution

The Christine Lagarde IMF visitation

First Bank expands African footprint: unveils FBN Bank Senegal

Equity Assurance strengthens financial position with N2.6 billion cash injection

Lagos -HOMS to reactivate on back of N25bn housing budget

The path to economic prosperity

Indorama begins countdown to inauguration of $1.4 billion new fertilizer plant in PH

New year resolutions and your finances

Bumper U.S. payrolls push global stocks and dollar higher

Nigerians to pay additional N101bn electricity tariff annually

INEC declares Dickson winner of Bayelsa governorship election

Iraq bans poultry imports from Nigeria, 23 others over avian flu threat

Chelsea’s £215.6m wage bill highest in Premier League  

Bayelsa Poll: Police arrest 2 ballot box snatchers

DSS frees Faleke, Audu’s son

Saturday, January 09, 2016

 Platini finally gives up on FIFA presidency race

F1 risks Mercedes/Ferrari lockdown

Lagos public service and the human resource management model

Long arms of justice in Burkina Faso

The natural law of languages: Use it—or lose it (1)

Closing Africa’s ‘elusive’ gender gap

Tough decisions await Nigeria

Franchising as a tool for msme development in Nigeria

Qantas, Etihad, others named Top 20 Safest Airlines for 2016

Friday, January 08, 2016

IPMAN blames private depot owners for high cost of petrol

Nigeria requires $2bn to drive power production, says DPR

Abia police command to dismiss happy trigger officer to serve as deterrent

Naira forwards hint Nigeria may be next to devalue

FG to invest more in science, technology to ensure global standard

Saudi Arabia considers Aramco share sale

Nigeria gets $11m armoured vehicles from US to fight Boko Haram

Global oil challenge to take prominence in FG’s 2016-2020 MTSS plan

FAAN, FRSC collaborate on safety, security at MMIA access road

Nigeria, US commence strategic talks next week on solid minerals development

Government officials support Airtel CSR initiative

Nigeria lags behind S/Africa in ease of registering property, doing business

FG set to launch national security awareness campaign

Demolition of Owonifari Market in best interest of all – Lagos

Port Harcourt Airport ready soon – FAAN

EFCC chairman spotted at Aso Rock

Lagos terminates first BRT franchise, orders operator out of Mile 12-CMS route

Thursday, January 07, 2016

Why agric’s 96% budget raise not sufficient to diversify economy

2016: A brand new year in gratitude

MMA2 regional operations to generate employment, revenue for Nigeria

SSANU’s industrial action

With Zidane taking charge at Madrid, what is next for the Galacticos?

14 tips to successfully spending your money in 2016

The transitions of 2016

Rape of justice in Abia and the Ukwa-Ngwa agitation

Surge in interest income spurs Sterling Bank to growth

Bank customers explore alternative investment window as charges rise

Stocks, oil bashed by China worries, North Korea nuclear test

Nigerians to enjoy boost in broadband quality as MTN acquires Visafone

EFCC Chairman Spotted At Aso Rock

Lagarde hail Buhari’s anti-graft fight as visit to Nigeria ends

Electricity: New tariff to take effect from Feb.1 – NERC

Oil continues to break records, the wrong ones

MTN acquires Visafone

Flight to safety sends gold to 9-wk high as stocks slump

Nigeria raises N136bn in T-bills at higher yields

Wednesday, January 06, 2016

For Nigeria, the clock is ticking, IMF warns

The 2016 budget, nominal and real oil prices

A gradual descent into autocracy

Those in power now being held to greater account in Nigeria

Defeating Islamist extremists in 2016

Brent crude oil slides below $35 for first time since 2004

Mixed feelings trail equities as investors await FY’15 earnings

MainOne renews commitment to infrastructure investment towards broadband growth in Nigeria

IEI pays N1.3 billion claims in Q4

NHIS boss in trouble, faces contempt of court for disobeying court order

Global airlines record 3.5bn passengers in 2015-ICAO

AFC welcomes new chief risk officer

Heritage Bank chief calls for increased awareness on financial inclusion

Stop fuel subsidy, raise Vat says IMF Chief Lagarde

NFF’s head of protocol shot dead in Abuja

LASCAFAN seeks even distribution of CBN N300bn loan

Research institute develops new maize varieties to tackle of low yields

NUATE issues 3-month ultimatum on debts owed aviation agencies

West Africa Energy in 2015

Cotton growers partner FUNAAB for improved productivity

Poor farming practices, infrastructure impede increase in agric productivity

Micropensions, informal sector to dominate sector activities in 2016

A.M. Best affirms global “B-” rating of Wapic Insurance

Expert point’s way forward for insurance penetration

Overcoming money ignorance

Ecobank Nigeria enhances financial inclusion through agency banking services

What banks can do to remain profitable this New Year

Soybean commercial usage, insurgency create N225bn domestic supply gap

Goldlink interim board recovers 1.2b shares

China stock plunge triggers ‘circuit breaker’ trading halt

Equity Assurance post N543.03 million loses in Q3

Maximising Nigeria’s Commonwealth membership

The absurdity of neo-Biafranism

Branding Nigeria through agriculture

Tasks before the new FIRS boss (1)

The Great Malaise continues

Presidency, Senate justify rejigging 2016 budget

Nigeria’s new Eurobond yield to near 10% on oil

Tuesday, January 05, 2016

Operators must restore the basics of microfinancing in 2016 (1)

MTN and the golden eggs

FG moves to bring 3m consumers into prepaid metering system

Turkish Airlines compensates aggrieved passengers

Analysts expect government to return 40% cargo loss at port by reducing cost of doing business

N300m fraud: EFCC arraigns Haliru Mohammed, son

Naira falls as BDCs await CBN supply today

$2.1bn arms deal: EFCC arrests Metuh

Ambode signs N25bn Employment Trust Fund into law

Refineries to ramp up production to over 10m litres month end

Nigeria economic growth dependent on a caring environment – Ezekwesili

N70bn Arms Scandal: SERAP asks EFCC, ICPC to investigate banks

IMF’s Lagarde Says Nigeria Needs Flexibility in Monetary Policy

Buhari’s fight against corruption is “very important” – Lagarde

Every kobo of N662.5bn budget to deliver value – Ambode

Ikpeazu heads to Supreme Court to challenge Appeal Court’s ruling

FG slow in tackling science teachers shortfall, say stakeholders

Kano to establish anti-corruption offices in 44 LGAs

Tracking traffic in Nigeria through Twitter

Nigeria’s ICT industry; 2015 review in view of 2016 developments

Zenith Bank Plc: Improved top and bottom line earnings driven by deposit and loan growth

BoI’s support ramps up cable manufacturing by 30,000MT

Nigeria’s economic crunch re-enforces case for subsidy removal

Achieving a truly cashless economy

The 2050 Nigeria

Financing 2016 budget deficit: Between tax and debt options

2016: Nigeria’s year of prayer

Project management, controls, cost engineering and quantity surveying (1)

Umaru Ibrahim and the challenges of a second chance at NDIC

Central Bank’s deposit rules bites Sterling Bank

Kenya starts talks with Uganda on financing for oil pipeline

Dickson tasks Sylva on peaceful rerun poll

Rivers APC mourns 2015 in Wike’s hands

Biafra agitation would have been needless if Nigeria practised true federalism – Adeleyesion

Anti-graft war: Buhari to move against APC leaders this year, says Isong

Oil overhang may hit budget projections on trickledown effect

Stocks slump across Europe and Asia following Shanghai’s 7% crash

FOREX policy: FG, economists endorse CBN outlook

Monday, January 04, 2016

Real Madrid sack Benitez, name Zidane as new manager

Sports minister decries poor state of Lagos National Stadium

ISAN urges NAICOM to revive insurance sector in 2016

FMDQ OTC to list Islamic bonds in 2016

New minimum capital: SEC releases final list of 429 operators

MRS Oil appoints Andrew Gbodume as Managing Director

Lagarde visits Nigeria as Buhari seeks way out of economic crisis

Reduced finance costs responsible for Omatek Ventures profit growth

Red Hot Promo winners pledge commitment to Airtel

Crude knocks energy sector with latest slide

Microsoft to warn E-Mail users about government hack attacks

Stocks fall with commodity currencies as oil ends ‘15 below $37

John Lewis sets holiday tone for U.K. retailers with sales gain

Reinsurers hit by falling renewal prices

Time is now to remove fuel subsidy

Oil spill: Edagberi community decries SPDC’s delay in cleaning site

Nigerian economy, entrepreneurship and banking

PENGASSAN urges not to sell refineries as scrap

NUPENG calls for repair of federal roads

Why I stopped Rivers foreign scholarships – Wike

NCAA lifts sanction on Lubcon

NDLEA Lagos command arrests 577 drug suspects in 2015

Ambode and Lagos’ roads to prosperity

Life on the other side

Danjuma, Ekwueme and Ugochukwu

Diversification: Workers call for revival of bulk export of cocoa facility, Ajaokuta steel

The optimism bias of Buhari’s Keynesian budget

The year 2016 requires tough decisions

Pedagogy of liberation

Lagos economy will do better in 2016 despite challenges, says Ambode

Naira pressure expected on increased dollar demand

FG earmarks N4bn for rehabilitation of Apapa-Oshodi Expressway

Stringent laws against dumping of foreign products underway

Fear of job losses as FX scarcity persists, oil prices crash further

Sunday, January 03, 2016

Mixed reactions trail FG’s decision to avoid plea-bargain with treasury looters

Saturday, January 02, 2016

Tiger Woods and the uncertainty of 2016

Leicester the best valued squad in Premier League

Friday, January 01, 2016

Benitez banking on in-form Ronaldo to silence critics in 2016

Atiku, Oyegun assure of FG’s commitment to tackle infrastructural decay in 2016

Naira gains N1/$ at BDC as foreign reserve declines 15.61%

BoI pledges to support local sugar industry

‘Manufacturers lost N1.5trn to delayed business activities in 6 months’

Nigerians will experience positive change in 2016 says Buhari

Crash of bandwidth, unharmonised data need attention in 2016 – experts

Nigerian consumers in renewed optimism says report

Crude production cost nearing selling price, may derail budget implementation

Thursday, December 31, 2015

Top 10 Premier League players of 2015

Alleged abuse of consumer rights by Turkish Airlines: CPC gives ultimatum for situation report