Businessday Nigeria Archive for February 2016

Sunday, February 28, 2016

Shareholders brace up as economic headwinds expected in 2015 bank earnings

Europe and the emerging Africa

Industrial policy: The truth about how the West developed

Advertisers slow outdoor media investments on rising costs 

Nigeria, 2 other top economies attract bulk of M&A deals in Africa

Ecommerce: A key sector for diversifying the Nigerian economy from oil

Nigeria looks to add another 2,555MW of power in 2016

FIIRO takes lead in tomato processing for SME industrial adoption

SME credit a huge stimulant to Nigerian economy – Expert

Be cautious if your phone number is linked to your bank accounts

FG pledges to carry on with National Industrial Revolution Plan

Buhari orders investigation into latest Benue killings

Nigeria, Qatar sign agreements on avoidance of double taxation

Barclays to announce exit from African operations

‘If Buhari challenges Nigerian engineers, we’ll fix refineries, Ajaokuta mills, moribund railways’

The controversial emergence of Sheriff on PDP’s hot seat

Despite economic downturn, we won’t reduce workers’ salaries in Kano – Ganduje

My plan is to make grassroots people access good governance – Esele

‘Businesses suffocating on account of unfavourable government policies’

More Nigerians support Buhari’s stand on naira  

David Mark: An iconic lawmaker in ‘siddon look’ mode in 8th Senate

Saturday, February 27, 2016

As investment dries up

Bellstech’s SDRC initiative: Enhancing employability of Nigerian graduates

Ogoni military invasion pitches PDP against APC again

Roadside parking as nemesis of Lagos’ road users 

Apple’s blunder and why the tech industry needs to look at itself in the mirror

Emirates to use flexible routes, tailwinds to achieve flight efficiency

An entrepreneur’s look at the 2016 appropriation bill (part 2)

The National Housing Fund Scheme; for who? (2)

Live like a royal in the Bahamas

Consumers groan over hike in food, household items

Analysts see opportunity for economic diversification, shipping development in N51bn Cabotage Fund

Regulator to enforce life insurance on boat operations in Lagos

Senate cannot by resolution, order suspend implementation of tariff order – NBA

Badaru explains why Jigawa voted 32% of budget to education

Ikpeazu’s education for employment (E-for-E) programme

Respite for naira as CBN targets N200/$ parallel market rate

RMAFC confirms ongoing N4.06trn crude oil forensic audit

Friday, February 26, 2016

Mr. President, after your first coming, Nigerians changed

NFF names Siasia as new Super Eagles coach

Infantino succeeds Blatter as new FIFA president

CBN targets N200/$ parallel market rate, looks up to fiscal policies

Manufacturer decries N400m loss to counterfeiters of compressors in Nigeria

IROKO to add daily content plans in Nigeria

Food security: Expert urges ministries of agriculture to revive agric extension services

AfDB approves $1.1 billion in loans to Tanzania

Court dismisses Etisalat suit against MTN, Visafone

Naira falls to N355/$ as speculators mop up dollar

N1trn diversion: Senate to issue arrest warrant on Larmorde

French agency to expend 500,000 euro on renewable energy in Kano

FCT minister sets out plans to attract investors

INEC schedules Edo, Ondo governorship elections for Sept. 10, Nov. 26

Ecobank repositions for enhanced efficiency

Over 3,000 affordable homes coming as new tech deepens delivery

Greece’s Frigoglass cancels GZI deal, considers next move

Ntel makes history with first VoLTE call in Nigeria

NAICOM dissolves interim board of Goldlink, appoints 3-member board

PwC makes case for investment in mining sector

Liberty plans for Nigerian expansion as growth falters in SA

Oliseh quits Super Eagles coaching job

Thursday, February 25, 2016

Business travel on private, charter jets strong, despite economic slowdown

You remind me of my mother

Ben Murray-Bruce … on governance, leadership and turning 60

Housing supply in five-year high, rises 15% to 3,929 units in 2015

Afromedia posts N2.75 billion loss to end 2015 FY

The ‘Big Board’ where trillion dollar deals are sealed

Looking past the Value of the Naira

Herman Gref, Sberbank’s modernising sanctions survivor

Martins snubs EPL, joins China’s Shanghai Shenhua

Nigeria’s revenues in January fall to N370.388 bln – finance ministry

NAICOM dissolves interim board of Goldlink Insurance, appoint 3-member board

Stakeholders give conditions for growth and development in oil and gas

Naira falls to N350/$1

Deals vanishing in Nigeria on devaluation fears – Citigroup

Okowa disburses N101m micro credit loan to 101 cooperative groups in Delta

FMDQ OTC partners Channels on ‘Price Ticker Tape’ to enhance price discovery

Scarcity looms as Nigeria looks to swap more oil

Danfoss Group warns against dangers of adulterated cooling components

Military invasion: MOSOP protests the action of soldiers

Military invasion: MOSOP releases photos of those killed by soldiers

Okorocha asks from American envoy list of Imo citizens in US prisons

Apapa gridlock: Senate tasks SON, FRSC on minimum standards for articulated vehicles

Minister calls for tracking of job creation, skills acquisition

How Nigeria can overcome forex crisis – Ambode

How Nigeria can achieve sustainable development – Kale

Reps to probe NAPIMS over award of $260m illegal contract

Buhari seeks Saudi Arabian investors in agric, mining sectors

Abuja Disco besieged by power installation thieves         

Scarcity of fresh tomatoes to hit Southern states of Nigeria

OPEC sees Brazil Olympic boosting global oil demand despite user ban in India                        

Wednesday, February 24, 2016

IMF warns Nigeria, poverty, unemployment could get worse

The changing face of corruption in Nigeria

Simple solutions to Nigeria’s ‘complex’ problems

Devalue now 

Market welcomes MTN’s $250m payment to NCC

Naira rebound continues for fourth day, now N300/$

Ending herdsmen’s violence, boosting rural economy (2)

Role of strategic communications in nation building and national development (1)

Stock market tilts toward bargain-hunting, pockets of profit-taking

Aviation contributes about $1bn to Nigerian economy annually- Dati

Excessive imports crimp Nigeria furniture industry

Blatter and Platini FIFA bans reduced to 6 years

Senate terminates CBN contract with Systemspecs

IMF calls on Nigeria to lift foreign exchange curbs

Naira gains 21 per cent against dollar on parallel market

Ambode proffers solution to Nigeria’s forex woes

FMDQ Securities Exchange targets OTC derivatives in 2017

House to investigate NAPIMS $260 million contract

BOA to grant N14bn loan to rice, wheat farmers in Kebbi

Osinbajo, Tinubu, Atiku, Saraki others in closed door meeting

MTN pulls out of court, pays N50bn to NCC

Buhari vows severe sanctions for budget errors

Frist Bank falls to 13 year low after profit warning

CLO flays military attacks in Ogoni, Onelga

Review policy on dollar importation, BDC operators tell CBN

N760bn DFIs’ contribution insignificant to economic diversification drive – CBN

IFSB, CBN synergise on stronger Islamic financial standards

Nigeria, Saudi Arabia commit to oil market rebound

Senate Appropriation Committee collates 2016 budget reports

AIB calls for restraint in accident investigation

Nigeria’s borrowing plans may falter as investors dump emerging market bonds

Nigeria’s revenues fall to N370.388bn in January

Tuesday, February 23, 2016

FG losing opportunity to save economy on parallel forex market potency

Who is “killing” the Naira?

Prospects for West Africa as climate change questions relevance of fossil fuels

Devaluation  (1)

SMI index shows Nigeria economic growth on course

On currency, manufacturing and the threat to the Middle Class

Naira in gradual climb against dollar on Buhari, speculators, importers

Crude oil freeze: Matters arising

Centrality of corporate governance in microfinance

An open letter to Mr. President

There’s a lot more to learn from ‘IBB’s SAP’ than meets the eye

Nigeria, Denmark to strengthen ties in maritime, agriculture, security

How internet is opening up educational opportunities for people in emerging economies

Naira gains second day on parallel market

Maintenance work on Nigerian LNG train to last until April – NLNG

Lawmakers not responsible for padding 2016 budget – Rep Namdas

ICAO bans lithium-ion batteries on passenger aircraft

UN to discuss future of Africa’s urbanisation at Abuja conference

Buhari appoints visually challenged man as special assistant

Electricity charges gulp 40 per cent of revenue – Hoteliers

North Korea may launch larger rocket – South Korean Defense Minister

FCTA to make Abuja business friendly – Minister

Russian President, Vladimir Putin, says mechanism to be established to monitor ceasefire in Syria

FG to partner states on solid minerals development

Rivers cult wars: Governor suspends chairmen in 4 troubled LGAs

Four banks get sanction for non-reversal of e-payment dispense error

NNPC deploys more petrol to halt queues in Abuja     

SMI index shows Nigeria’s economic growth on course

60% of Nigeria’s population not captured in pension scheme

Oil and gas reforms should lead to diversification of the economy – Oteh

Monday, February 22, 2016

Living by faith

Four SWFs make $100m commitment to NSIA real estate co-investment fund

The call for emergency economic summit

Budgets have never been so crucial for South Africa and Nigeria

Analyst charges government on expansion of sources of forex supply

Median, Resilient set to deliver Shoprite-anchored mall in PH

Ten reasons why saving won’t make you rich

Dearth of quality mentoring bane of students’ academic success- experts

Discos fail to close 3 million meter gap

Are you a Diaper Leader?

Oil market sentiments in positive swing

Manuel Crespo: ‘Nigeria has a very bright future in polo’

Over 300,000 barrels shut- in, as Shell declares force majeure on Forcados

Emotional factors that could be affecting your workplace efficiency

Amidst emerging fuel queues, NNPC assures of adequate fuel supply

UK Pound hits 7-year low on Brexit fears

Naira firms on parallel market after president rejects devaluation

FG begins plan to guide budget preparation process

Higher competition for Maltese casinos since opening of Casino Malta

Sun International first-half profit falls on slow growth at home

Udom expresses worry over continued revenue shortfall

iroko+ Nollywood App launches in Francophone Africa

Lagos, other African big cities offer investors hope in hard times

NDDC, IYC move to protect oil pipelines

NLC calls for probe of Amadi’s tenure as NERC chairman

NCAA orders airlines to carry out safety inspection on Sikorsky Helicopters in 72hrs

Currency crises: Analysts predict core, food inflation on back of import costs

Sunday, February 21, 2016

Our future belongs on the farm

Anyaoku is right on political restructuring: Nigeria must take heed

Several ways to bake a larger fiscal cake

How pension contributors could lose their benefits

From net exporter to net importer

2016 budget fails to cover N41bn hole in FG retirees pensions

Accountants deserve refuge not refugees

Mobility is transforming Nigeria’s business landscape – Sage

PH, Warri, Kaduna refineries may become obsolete by 2018

President Buhari, we are killing jobs not the Naira!

CBN compels banks to refund N6.2bn excessive/illegal fees to customers

Nigeria backs Saudi oil freeze

US oil rigs down to lowest since 2009

Your Forex policy is short-changing Nigerians –  Fayose tells Buhari

Thirteen years after, EFCC yet to prosecute 13 ex-governors

David Mark wins Benue South senatorial rerun election

Reviving made in Nigeria products with focus on high quality

Household incomes strained as consumer goods prices spike

Buhari is presiding over structurally corrupt economy – Tam-George

$1bn spent on medical tourism signals opportunities for local investors

Modu Sheriff, PDP & ‘Jotham’s parable of the bramble’

Saturday, February 20, 2016

Analysts knock Buhari over 2016 budget mess

An analogue cabinet and royal visitors

Of mergers, acquisitions and investors’ new windows of opportunities

Who are behind massive killings in Rivers?

USA: Presidential politics gone haywire

Anti-corruption: Why government should reverse 700MHz spectrum sale

Experts canvass aviation as economic growth engine for Nigeria

Rededicating Abia to God

The end of oil and Nigeria’s future

Buhari and the judiciary!

Nigeria seeks $10bn in annual long term investment

Nigeria loses out on $7bn tourism market

Delta approves N204.8m funding for EU-assisted water projects

Tough restrictions leave more SA clothing firms gasping for breath

Friday, February 19, 2016

CBN says school fees, medicals remain eligible for FX

FA Cup: City hang faith on Iheanacho against Chelsea

Amidst oil price slump, GTBank sets sight on Nigeria consumers

MTN shares tumble after earnings warning

Pregnant woman dies aboard Arik Air Port Harcourt to Lagos flight

N45.9bn NIMASA scam: Reps raise alarm over military presence in Ijaw communities

Nigeria’s mobile internet market to worth $166bn in 2020          

Price of bread hits N400 in Edo

Naira on a free fall exchanges N400/$

FG files amended charge against Metuh

FMDQ admits N10bn worth Guinness Nigeria commercial paper notes

FG will not spend on fuel subsidy in 2016 – Kachikwu

Thursday, February 18, 2016

Non-oil exports slide further by 25%

DPR: Reps query N30.570bn overhead cost, demand 3 years audited accounts

Akwa Ibom Assembly passes 2016 appropriation bill

Down! Down! Down! goes naira at N400 to $1

Blossom Ubani – A Tribute

Myths about Devaluation

A-G shocks Senate, says 2016 budget not zero-based

Bukola Saraki: Time to shine or melt

Forget about building wealth if you don’t have these skills

African Alliance shows strength in Q3 2015

Access Bank gets Fitch ratings upgrade, amid economic headwinds

Buhari seeks deeper Middle-East ties, support for North-East reconstruction 

Nigeria’s multi-billion Smartphone market gets new entrant -mi-Tribe A500

Buhari to participate in Africa 2016 Business Forum in Egypt

Buhari assures international community of a secured environment for investors 

Delivering the change you promised: An open letter to the President

MTN hints at uncertainty in talks over $3.9bn fine

Energy efficient cooling systems can reverse Nigeria’s 80% loss of food produce  

DPR gives approval for new N26 billion refinery in Lagos

Current issues affecting the global manufacturing industry

Senate nullification of tariff hike will reverse progress made in power sector             

Naira exchanges N360/$ as FX inflow fell 12.1% m/m

FG requires $300m for extra satellite backup in orbit

N2.1bn fraud: Chief judge reassigns Dokpesi’s case

Nigeria’s oil giant Shoreline to cut staff by 30%

Wednesday, February 17, 2016

Nigeria’s value addition potential strengthened by N800bn local input

Burundi & Rwanda: A throwback to 1994?

Iran supports oil freeze deal but yet to commit

Investors left confused as govt keeps mum over auto policy, NIRP, ATA

Bukola Saraki: Time to shine or melt (1)

Government matters most, so enough of the failing upward syndrome

CPS: Before critically ill, permanently disabled retirees are sent to early grave

NNPC’s crude lifting drops 57 million barrels in 2015

Nigerian Banks leverage Technology to reach unbanked populace

Dissecting a Senate power hearing

APC and the politics of demagoguery in Nigeria

Towncriers limited takes responsibility for MTN promo error

Sheriff’s choice as PDP chair splits party

Senate wants disciplinary action against Marafa over false publication

IGR: Edo to explore solid mineral sector amended laws

Tuesday, February 16, 2016

Rivers accuses APC of engaging in absolutist politics

Low oil price, freight rate push Maersk Group profit down 82% in 2015

Food prices soar despite global prices hitting 7 year low

Export rejects, EPA tops priority as WTO discusses with Nigeria

Weak naira pressures consumer goods firms

Broken Budget

Dangote to create 10,000 jobs with rice outgrowers’ scheme

Equity as argumentin public policy

Nigeria targets 3 billion scfpd gas supplies by 2020

Seven UP reports net income of N2.2 billion

Agribusiness and innovative platform for technologies

The hypocrisy in Ben Bruce’s common sense revolution

Citizens Wealth Platform identifies N668 bn in wasteful 2016 budget line items

Flourishing African companies are rattling multinationals

Nigeria’s security market put at $4bn

Budget review throws up Nigerian Gas Master Plan

Adeboye visits Buhari

Senate orders reversal of hike in electricity tariffs

Oil price up as Saudi Arabia, Russia agree freeze

Nigeria’s revenue to rise as Russia and Saudi Arabia agree to cut back supply

Reps adopt mid-March for passage of 2016 budget

NCC saves government, copyright owners over N1.5bn in 2015

Ambode parleys corporate community on economy, investment  

Cross River to expand cocoa farmland, boost output

Oil extends rally on prospects OPEC could act to counter low prices

Anambra, ABX, others begin $5.2bn agro-allied export to EU

CBN insists only improved export can curb currency slide

Monday, February 15, 2016

Naira exchanges for N347/$ as CBN insists on measures to boost supply

The worsening unemployment crisis and other pressure points

NNPC publishes first accounts in a decade

Building a lasting legacy

Africa should renegotiate EPAs for manufactures’ trade parity (2)

Chinese credit insurance firm blacklists Nigeria on naira woes

Quality education hinged on capacity building for varsities

Get unemployment insurance as job losses get on the rise

Run your leadership Race

FG winds down Niger Delta amnesty programme in 2018

On Sunday Oliseh’s Provocative ‘home video’

Executive Intelligence for winning in volatile, uncertain, complex and ambiguous markets

‘Over 500,000 new users on Blackberry messenger monthly’ – Talbot

How to chair bilingual meetings effectively

Buhari sacks DG, Budget Office

NNPC to give priority to critical gas -to -power infrastructure projects

Budget errors dent Buhari’s anti-graft war

Bullish bets sending oil near $34

FG sacks FRCN’s Ladan Salihu, NTA’s Sola Omole, NAN’s Ima Niboro, others

Ikpeazu moves to stamp out kidnapping, other crimes to reposition Abia

Wike bans ‘Okada’ in four troubled Rivers LGAs

Naira pressure to continue on dollar scarcity, CBN demand policy

Sunday, February 14, 2016

Dickson sworn in as two term Bayelsa governor

UAC boss urges for new forex policy thrust

CBN mulls two-tier FX market to stem naira rout

On becoming a development state

Buhari is tinkering around the edges: Nigeria needs radical reforms

Joint Venture companies to spend $12bn in 2016

Currency volatility leads to lower Nigeria Breweries earnings

Buhari’s economic management team unveiled

Health sector investment to exceed $140m on NSIA, IFC collaboration

Our austerity; Their opulence

General Murtala Muhammed and 500 years of Nigeria’s history

2016 Budget and matters arising

Afreximbank, NEXIM announce intervention program to revive Nigeria’s cocoa sector

Buhari sacks Federal vasity VCs appointed by Jonathan

No longer at ease as Nigerians query Buhari’s power vision

Lawyers divided over Fayemi’s point on minerals mining

Dwindling oil revenue: Oshiomhole wants successor to deepen tax collection, administration regime

N2.7bn stolen fund recovered from previous administration – Lalong

Saturday, February 13, 2016

On vacations, acting president and a disastrous budget

‘Years of disappointment have eroded Nigerians’ confidence in leadership’

When electoral ordeal strengthens PDP governors’ bond

Nigeria saves N188.6bn from capital flight in 4 years

FAAN set to drive exports through new cargo Airports

TUC asks Presidential Committee to revisit past high profile corruption cases

For Pat Utomi, the altruist intellectual at 60  

Audit report on IPPIS will be of interest – Ukura

The changing face of the BRT scheme in Lagos

Afuze and Nigeria’s culture of abandonment

The hazard of child hawking in Lagos 

EFCC quizzes NAMA MD, GMs

Need to support Aba tailors to create employment 

Woman vomits, excretes 80 wraps of cocaine at Abuja airport

Can Arsenal upset informed Leicester at Emirates?

2016 NNPC/Shell Cup tournament kicks off in Lagos

Friday, February 12, 2016

Again, customer service

High exchange rate, forex scarcity bite hard on Nigerian businesses

Nigeria set to pick banks for Eurobond sale

2016 budget scam: National Assembly to summon Adeosun, Udoma over controversial subheads

‘Electricity tariffs not increased for low-income Nigerians’

Naira closes at N326/$ as scarcity of forex bites harder

FG to step up privatisation of BoA

Naira hits record low of 321 on dollar shortage

Thursday, February 11, 2016

Stakeholders anchor growth on higher productivity

What’s Love got to do with it?

MTN Nigeria selects Gemalto for first commercial rollout of GSMA Mobile Connect authentication service

Cheaper brands, margin expansion bolster International Breweries performance

Banks to prioritise FX allocation for real sector, as demand soars

Why CSL is attracting top players

Ronaldo: I am staying at Real Madrid

Gladys Okoro Ajiri, The exceptional interior designer at your service

Is Mourinho the perfect man for Man United?

NNPC to engage more kerosene marketers for product availability

Reassessing the Presidential Media Chat in light of new realities

2016 NPA Lagos Intl’ Polo: Ibadan Jericho fell, Dangote beaten by Shoreline

Buhari writes to National Assembly on his resumption after vacation

EU donates $50million to fight against Boko Haram in Nigeria

INEC needs N10bn to conduct 80 re-run elections

Nigeria’s spending splurge with borrowed cash spells bond pain

Delta uncovers attempt to defraud government N7bn

Soyinka, Gbadamosi to head Lagos@50 committee

Nigerian naira down on dollar scarcity, stocks up

N1.4bn fraud: Court admits documents against Lamido, sons, others

Low refining capacity dims Nigeria’s hope on OPEC’s positive market forecast               

Budget errors: FG shifts blames on zero budgeting plan

E-payment transactions rise to N48.9trn in 2015

Wednesday, February 10, 2016

Consumers demand shape Nigeria’s juice market

How are elections financed in Nigeria?

Investors shun states as govs fail on security, infrastructure

Cash transfers to account for 0.05% of Nigeria’s projected 2016 GDP

Graduate employability: time to take action

Insurers seek growth driven ligislation in new Bill

Lafarge partners Fortis Mfb to provide affordable housing to Nigerians

What the renminbi’s rise means for Africa and the Middle East

Re: How to get rich from Buhari’s government

SEC in big push to end N80bn unclaimed dividends

NPA Lagos International Polo Tournaments get underway

Non-OPEC oil supply falling faster than estimated

Foreign exchange supply tight, says Dangote

Vitol’s CEO sees a decade of low oil prices

National Council meeting on agriculture opens in Kano

Dasuki withdrew N10bn from CBN for PDP convention, witness tells court

Naira exchanges N312/$ as inter-bank rate doubles after FX payment

Budget: Senate rejects N200m ministry’s proposal to re-package PIB

Eko Disco to eliminate estimated billing in two years

Credit to private sector below benchmark – CBN

Tuesday, February 09, 2016

IPOB/Biafra: Kanu loses bid to recover seized properties

Nigeria aviation hub effort stymied by poor infrastructure

Rule of law

The future drivers of power projects in Africa

‘Indigenous wheat growers have capacity to meet local demand’

Of sight and sound in microfinance

NNPC, IOCs’ bleak earnings signify more troubles ahead

Commercial Papers seen favoured in boardroom capital raising plans

2016 Budget and the flip side of Zero-Based Budgeting approach

Nigeria losing revenue on cassava policy flip-flop

What’s holding back the world economy?

As lack of economic direction leads to investment slump

Saraki won’t resign, except proven guilty- Ndume

Nigeria to revive $5b Ajaokuta steel mill

Aso Rock express concern over non-compliance of security procedures

Global oil demand will continue to fall in 2016 – IEA

Lagos State to intervene in providing electricity to citizens

Dogara blames Presidency for delay in passage of PIB

Alpha Morgan proffers to secure wealth across generations

Dasukigate: DSS, EFCC never violate any court order

Monday, February 08, 2016

Investors ditch Lagos as Ogun offers more incentives

The judicial resuscitation of PDP and matters arising

What is the rule of engagement for our economy?

Africa should renegotiate EPAs for manufactures’ trade parity (1)

MDAs, banks dither on FG’s push for TSA implementation

Be champions of change, Ambode tells new appointees     

Flour Mills Nigeria Plc: Gains on exceptional item bolster profit

Stanbic IBTC Bank restates commitment to support sustainable business growth            

Currency woes and capital flows in emerging markets

CloudWare Technologies creates online solution for access to Forex

Pipeline sabotage validates adoption of advanced technology in monitoring

Buhari may soon name Economic Management Team

Professional DDoS protection: why time to mitigation matters (hint: $$$)

Nigeria’s challenges would have been avoided by transparency – Osinbajo

‘Artificial’ FX rate hurts Nigeria, says Sanusi

Sunday, February 07, 2016

Part of recovered looted funds for rebuilding of North-East – Dogara

Harrybaker launches digital learning passport

Nigerian Navy frustrates hijack of merchant ship, rescues 25 foreigners

ATM dispense error: Agony of a customer

Reps seek adequate funding for university education

Dangote to raise cement capacity by 9mmtpa

‘US firms are boosting the Nigerian economy’

Are you a breadwinner? Here is your valentine gift this Sunday

Incessant public holiday: Wike wants to be deified – APC

Governors begin secret talks for fresh bailout

Nigeria must use the ‘Commonwealth effect’ for better trade gains

Reinventing Nigeria as a developmental state

States lose N600bn in six months as FG disburses earned dollar income at N198/$1

How much do you really need in your emergency fund?

Apapa: A cash cow on the death row

Four million Lagosians outside tax net, Ogunsanwo

Pension fund for infrastructure development: A recipe for crisis

Tiger Branded Goods recurring losses calls for urgent restructuring

Calculated vagueness versus brutal frankness (1)

Fighting Lassa fever through community-based disease surveillance in Nigeria (2)

The African Union Summit: Time for action

Why Buhari plans to spend N500bn on social investment in 2016 budget – Presidency

Be free to criticise the 2016 Budget- Presidency tells Nigerians

Firms bleed as FG shows no economic direction

NASS 8th Senate website ‘medieval’, lists retired, dead as serving members

Saturday, February 06, 2016

How S/Court intervention averted unnecessary expenditure, violence  

‘NASS should amend Electoral Act to allow Supreme Court adjudicate on all elections appeal’

Nigeria’s rating improves on Global Hunger Index

The frustration of a change crusader

AMCON dissolves Aero board

Edo is in dire need of a prudent resource manager –  Ize-Iyamu  

Degrees of backwardness (4): The bride killers

Lagos and the nuisance of ‘Danfo’ drivers

Hard times hit manufacturers in Kano

‘Development of Niger Delta is our utmost need’

Empty your purse into your head ? (Part 2)

Lagos and the menace of open defecation

Lending to emerging markets comes to a halt

FG to implement recommendations on National Carrier

Stakeholders want FG to stop exporting crude oil

Technology, lack of awareness slow agent banking operations

Cummins, Sapele Power sign 300mw deal on new gas-fired power plants

Cassava growers to set up ethanol factories in 10 states

Nigeria can only meet 2% of total local wheat demand

Boosting Abia economy through Inland Container Depot

W. Africa Crude-Nigerian offers dip as cargoes start to clear

Nigeria seeks cheap loans from international agencies

Friday, February 05, 2016

Firm targets 60 million Nigerians for N220bn SMEs fund in 2016

GTBank launches historic cash tender for $500,000,000 7.50% Eurobond

Nigerian interbank rates slip as banks accumulate cash

PDP statutory organs to meet on critical issues

Buhari begins short vacation

Saraki to face trial at CCT – Supreme Court rules

The differences between food and retail: how to market for your niche

5 ways to protect your fleet on the road

GTBank seeks redemption on $500m Eurobond

Transfast, honoured with Kalahari Awards at the Mobile Money Expo

2016 International Petroleum Week to focus on uncertainties in energy sector

Nigeria’s economic to grow faster after falling to lowest this century

My victory, an impetus for more work – Ikpeazu

How to make the most of your money: where should you be travelling in 2016

Thursday, February 04, 2016

Nigerians pay more for bread on 14% increase in price of flour

Manhole: Safety and health issues

Isaac Shongwe, the leadership advocate walking the talk

Self-awareness and the path to wealth creation

FG told to emulate Korea, Indonesia to transform economy

GTBank launches cash tender for $500,000,000 7.50% Eurobond

Will the force awaken?

Consumer protection or abuse?

Microfinance banks customers to lose N8bn yearly on N50 stamp duty

Fighting Lassa fever through community-based disease surveillance in Nigeria (1)

Looking beyond Rhodes row

The tasks before Kogi state governor

Local African content drives Palmchat 5.1 app usage among Nigerians

Bread scarcity hits Kano as bakers embark on strike

Bristow crash: NCAA suspends Sikorsky aircraft type for full scale audit

Nigerian maize price soars on global prices increase

Okowa congratulates Udom, Ikpeazu on electoral victories

GTBank rises in league of the World’s biggest banking brands

Nigeria to issue N90bn bonds on Feb 10

Isreali construction coy hard hit by Nigeria’s economic woes

We’re making a direct investment in Nigeria’s future talents – Glenn Ensor

NLNG offers FG N60 billion for Bonny-Bodo Road project

Nigeria’s total debt hits $65bn in December says DMO

Apapa Customs records N23.4bn in January

Nigeria loses N350bn digital migration revenue

Nigeria needs technical skills to grow economy, says NECA

TCN claims attaining 5000MW electricity transmission record

Reps to engage OICs over N1trn cash call on oil joint venture

Bank fraud shoots to N6.2bn on back of electronic channels

Wednesday, February 03, 2016

FG to complete 3,050MW Mambilla power project, others in 2016

Budget gap may widen as imports slump

The need for a capable state in Nigeria

Lagos, O’dua group and economic integration promise

New Abuja route shows Nigeria still an important ally

Full year earnings may disappoint on FX loss fears

2016 World Cancer Day and a troubled world

MTN enlists former US attorney-general to challenge $3.9bn fine

Diminishing access to higher education widens Nigeria’s skills gap

Mastering the fourth industrial revolution

Biafra struggle: Self-determination or hooliganism? (2)

Repositioning Nigeria’s tertiary education through technology (1)

Buhari seeks EU support on oil theft, corruption, recovery of illicit funds

Ex-US attorney general meets NCC over MTN fine

All occupants of crashed Bristow helicopter survive 

Flour Mills of Nigeria jumps most in 14 months as profit rises

MTN hires former U.S. attorney general to help in talks with Nigerian regulator

Banks to pay $10m to operate in Free Zones – CBN

All occupants of crashed Bristow helicopter survive

Helicopter crashes with 13 on board

Buhari seeks 7yr jail term for money launderers, N25m fine for financial institutions in new bill

Power generation to increase by 2000mw in 2016 – Fashola

U.S Consulate supports Street Project Foundation’s creative youth boot camp

Travelstart eyes growth in Nigeria, invests $40 million in Africa’s online travel market

Naira drops at inter-bank market as lenders fund accounts for dollar sales

Tuesday, February 02, 2016

Beneficiaries abusing Nigeria’s backward integration policy

Buhari Part Two

FG to save $1bn from direct crude sales

FCMB makes profit amid rising loan loss expenses

Country context as a factor in microfinancing

Modest exploration, production activities projected for West Africa in 2016

Embracing our common economic future with optimism

IMF and World Bank move to forestall oil-led defaults

Nigeria ranks low on agric mechanisation scale

NNPC and petrol filling stations

Missing the mark of CRR reduction as banks not lending to real sector

Bomb blast injures two in Benin

FG’s $25bn infrastructural fund plan gaining traction – Osinbajo

Buhari’s Chief Of Staff warns staff against leaking mails, undue bureaucracy

CBN tells lenders to fund accounts for Thursday’s dollar sales

Stellar launches mobile money service for Nigeria’s rural woman

Kenya security kill 4 suspected al Shabaab fighters in Lamu

Ebonyi Pipes strengthens ties with Indorama Eleme Petrochemicals

History as Anambra University set to release first set of medical doctors

Sliide Airtime launches lock screen content delivery platform in Nigeria

MTN masts in Ondo sealed for alleged N458m tax evasion

Reps seek stiffer penalties for traffic offenders

GTBank announces GTCrea8 Mini Cooper winner

Naira falls to N308 against dollar as BDCs close shop

NEXIM gets CBN approval for N350bn export stimulation, refinancing facility

Stakeholders support call for firms to host data in-country

2016 budget: Senate begins performance evaluation as NIMASA generates N70.8bn in 2015

Construction workers seek review of salaries

Lagos gives 14-day ultimatum to illegal abattoirs to close down

FMDQ grows market turnover by 33% to N137.40trn

South Africa joins Tunisia, Egypt to outshine Nigeria’s capital market performance

Delta partners property developer for 10,000 housing units

Polish, Nigerian firm invests $3m in agric equipment manufacturing factory

FG challenged on economic strategies to absorb shocks

Etisalat urges government to prioritise Sustainable Development Goals

Why Nigeria is courting the World Bank and not IMF

World Bank loan helps Nigeria better say analysts

Monday, February 01, 2016

Visionary leadership and Sino-Nigeriarelations

Divergent strokes to central banking in Africa’s largest economies

Nigeria deal slump masks activity in non-oil sectors

With lessons from Singapore

Funding of political parties in Nigeria

SEC pushes for investment of pension funds in Capital Market

Planning, monitoring/control and the 2016 budget (2)

BHM’s annual PR report to place Nigeria’s industry on global map

The return of the currency crash

Consumer substitute punctures Guinness top-line driver

Despite drop In oil price, Nigeria has what It takes to build a solid economy- Osinbajo

Buhari continues push for unity against terrorism, addresses special EU session in France

Buhari, Renzi hold bilateral talks in Abuja, vow to partner on Economy, security, agriculture

NSE All-Share Index drops by 0.37 %

Nigeria, Angola talk to World Bank about loans

Kebbi, Lagos State to partner on rice, beef processing

Guardiola to succeed Pellegrini at Man City

Darker clouds ahead as US starts exporting crude after 40-year ban

Ecobank plans to increase support to SMEs

Coca-Cola acquires 40% equity in Nigeria’s Chi Limited

Edo pays N2bn gratuity to 539 pensioners

FG announces plan to site waste recycling plant in FCT

$2.1bn arms deal: My sons are innocent, Obanikoro tells EFCC

‘Nigerian economy needs more of durable, efficient products’

FirstBank, GTB, Zenith Bank, UBA make global top 500 banking brands

Analysts expect bargain hunting on FGN Eurobonds at international market