Businessday Nigeria Archive for March 2016

Wednesday, March 30, 2016

Government inaction stalls $18bn Bonga SW deepwater project

Prospects dim for rate rise as Yellen adopts cautious line

AOU and AU: Two sides of the same coin

Nigeria’s Monetary Policy- fiddling while Rome burns

VW faces potential $15bn penalty as US watchdog sues over green ad campaign

Communicating post-election Change Programme of President Buhari 

Buhari’s concern with power

Getting to the root of Nigeria’s housing deficit

Brexit: the word that cannot be spoken as Bank of America ducks EU debate

Why you should find a partner for your business

NUPENG tackles Kachikwu over fuel scarcity

House of Assembly not in crisis, still sitting – Kogi governor 

Pele sues Samsung $30m over lookalike use in ad

French Agency says it spend 1bn euro on projects in Nigeria

Cameroun in final offensive against Boko Haram

Akwa Ibom begins payment of salaries to newly recruited staff

Nigeria to raise N219 billion in T-bills

Nigeria’s promise turns to peril as investors head for the exit

Nigeria’s refineries cannot meet demand at optimal capacity – Kachikwu

Shell faces corruption probe in Italy over Nigeria oil deal

Create opportunities that will fund budget, labour tells FG

Fidelity Bank doles out N29m as cash prizes to customers

Ganduje forces ‘pure’ water producers to reduce price

West Africa Ebola outbreak no longer poses global risk – WHO

U.S. agency freezes $473m aid to Tanzania over Zanzibar election

Somali pirates on trial in Paris for 2011 hijacking of yacht in Gulf of Aden

Agatu massacre: Community representatives, cattle breeders sign peace pact

Abia to create 3,000 additional jobs through agriculture

Nigerian power sector suffers $40bn deficit as global sovereign funds play safe     

Nigeria-China trade volume hits $40.9bn

Discos cash strapped as FG debts hit N60bn                            

Don’t blame FG alone over Nigeria’s economic downturn

Nigeria talks to Chevron, Total and ENI to revamp refineries

Tuesday, March 29, 2016

Absence of formal structure stalls funding of N400bn mining industry

Competitiveness, not diversification, and the role of government

NNPC Reform: Communication is the place to start

Nigeria among laggards in World Bank’s ease of registering property ranking

Stanbic IBTC Holdings to file Full Year 2015 results in May

Boosting Nigeria’s cocoa yield through rehabilitation of old trees

Concessioning downstream petroleum sector: A case for efficiency

Nigeria as Africa’s petrochemical hub

Only private sector involvement can stop fuel scarcity – LCCI

Analyst’s projection of Zenith Bank’s loans, deposit looks up

Want better pricing on your career, acquire more knowledge

Expect more actions in coming months- Buhari tells Nigerians 

Unilever PAT improves in Q4 2015

Buhari to reaffirm Nigeria’s right to use nuclear energy for development at Washington summit

NASS may have passed the Budget to shift public wrath to the Presidency

ECCIMA says new power tariff is suffocating businesses

U.S. to press Nigeria on FX exchange rate flexibility

Lingering fuel queues question NNPC capacity to fulfil import quota

Don’t blame FG alone over Nigeria’s economic downturn- Ita Enang

Nigeria’s Business Confidence Index declines the seventh successive month

Fashola, Enelamah, Onyeama to speak at Enugu Investment Summit

Despite poor infrastructure, Agbara beats Apapa, Ikeja, others with N385.9bn investment

Apologies over sacked VCs, governing councils: CSOs withdraw suit against Buhari, Education Ministry

NDLEA discovers heroin letter in Lagos

Ganduje advocates for proactive emergency management 

NIPR partners EFCC, ICPC to arrest unlicensed practitioners

Retailers decry low patronage amid incentives

Monday, March 28, 2016

Sliding Economy: FG fights back with N3trn TSA funds

Making budget 2016 a turning point for Nigeria’s economic revival

Politicizing economic policies is dangerous

Can African leaders follow the example of Singapore’s Lee Kuan Yew?

Labour force pay and productivity: Rethinking wage increase in Nigeria

Samsung launches new Galaxy S7 Edge and Galaxy S7 in Nigeria

What makes a world-class report?

Looters risk 20 years in prison as Reps mull economic and financial crimes court

There must be an end to farmers-herdsmen clashes

‘UNIDO’s ITPO will develop Nigeria’s non-oil sector’

Nigerians see security threats in recent data collection process

Senate summons Kachikwu over lingering fuel scarcity

Amosun, Ambode mourn Tunji Braithwaite

Tunji Braithwaite dies at 82

Ban on planting of maize, tall crops in residential areas still in force, says PEPSA GM

NDDC donates 202 computers to Niger Delta Science School

FG requires N25bn to construct over 500km perimeter fences

Dead ‘Corper’ wins jumbo allowance for others as Wike sets panel on electoral violence in Rivers

Buhari felicitates with Asiwaju Bola Ahmed Tinubu at 64

Ogun set to receive Easter blessings as Abiara hosts Christians

Nigerian researcher builds world’s first modular refinery

Sunday, March 27, 2016

Nigeria’s leaders must atone for their economic sins

Global tourists seek safer destinations

The new fascism

Toward Nigeria’s takeoff              

If you don’t have the resources to replace lost assets, consider insurance

Transcorp Hotel reports N5.4bn pre-tax profit in 2015

Investments, home-ownership schemes setback by decaying roads

New rules for the monetary game

Corporate governance is key to economic growth, say industry players

Coronation Merchant Bank maiden results reflect legacy of excellence

A field not covered: Arbitration and the Nigerian constitution (2)

How to survive when salary is delayed

KPMG  (is there life on Mars or in Britain?)

With his vision maybe he will lure governments into thinking differently about education

Is Buhari’s body language encouraging electoral violence?

PDP, Sheriff and the gathering of ‘yesterday men’

Experts say 35 Nigerian states still using 127-year-old laws

We want to deliver Edo people from bondage – PDP gubernatorial aspirant

We want to partner industrialists to grow Abia economy – Ikoh     

Instability in the economy crimps Easter celebration

Saturday, March 26, 2016

A ray of hope, perhaps change is on the horizon

Johan Cruyff: A football philosopher

Lagos and Ogun as investment hubs

We won’t return to Rivers until… – INEC 

Osun partners Chinese firm on wealth creation, job opportunities through cocoa production 

Stabilizing the Naira through Effective Monetary and Fiscal Policies

Local content: NCDMB, IOCs endorse LADOL’s $3.8bn Egina FPSO project

Private sector as key Facilitator of Social Housing Needs  

2016 NBA-SBL business law conference targets law reform for economic development

‘Low quality blocks, materials responsible for continued building collapse’

Buhari’s Easter message to Nigerians

Naira to maintain stability on CBN’s tightening measures

Friday, March 25, 2016

Bread: Sokoto, investors plan flourmill

When friends, associates celebrate Obasanjo, the enigma, @79

AFCON qualifiers: Eagles qualification hangs in the balance

Presidency dissociates itself from #Istandwithbuhari Group

Ceralight Africa 2016 Expo set to draw 20,000 exhibitors to Nigeria

Dollar strength hurts stocks, oil bounces off lows

Dasukigate: Metuh moves to arrest trial

Dogara flags off probe of oil blocs by previous civilian administrations

EbonyLife Films’ ‘fifty’ grosses over N400m on return on investment

Call for sack of CBN governor: Agitators are wasting their time – Oshiomhole

PDP senators asks Buhari to probe Rivers rerun election violence

Witness reveals more of Badeh’s alleged diversion of funds

Again, CCT dismisses Saraki’s application for stay of proceedings

Kaduna Electric blames inter-connection for incessant transformer failure

Private equity investors need skills for optimising opportunities in Africa’s electric industry’

Don’t miss out on Concept Nova’s “DOUBLE PROTECTION” PROMO

Thursday, March 24, 2016

Market repricing naira after CBN insists on rate stability

Celebrating Easter

Farmers expand operations as oil slumps

Why you need disability insurance cover?

EU boosting Argentine sunseed imports 10-fold on currency play

Abuja, Nigeria becomes Uber’s 400th city to launch

End of an ‘Era’ for Chelsea

X-raying the role of BDC sub-sector in economic development

How improving access to safe water and sanitation can increase Nigeria’s GDP by 15%

X-raying UCL quarterfinals draws

Budgeting for change with a budget of change

NSE market capitalisation up by N56bn to close for Easter celebration

South Africa assets soften, investors risk-wary ahead of long weekend

Reps seeks to reduce MTN Nigeria fine -Lawmaker

Motorists in Lagos decry lack of petrol in most filling stations

Nigerian interbank rate hits 20 pct as banks meet new reserve rule -traders

Ikpeazu orders landlords of student hostels to conduct identity audit

NIPC to position PHCCIMA for collaboration, matchmaking with foreign investors

NDDC picks 30 best budding female tech-kids in oil region

Emefiele’s currency vow dashes hopes for Naira devaluation

Legal Aid Council handles 30 criminal cases last year in A/Ibom

Abia seeks partnership with Indonesia in agric, mining

SPAR launches 9th store in Nigeria

AXA Mansard Insurance reports 8% rise in net earnings

‘The general tone towards international investment seems somewhat muddled’

OGIRS bullish on revenue generation from PIT, harmonises ‘Okada’ ticketing in Ogun

Beverage companies closing shop over forex – labour

Lagos, Kebbi agree on joint venture for increased food production

Printers charge Lagos to fulfil commitment on Shomolu IPP

PENCOM DG appointed member of LSE Africa Advisory Group

AGF gives EFCC ultimatum to investigate Kashamu’s firm

Oil price fall for a second day amidst high stockpile

No intention to convert domiciliary accounts – CBN

$2bn arms deal: Dasuki refuses to face trial

Wednesday, March 23, 2016

Expectations rising on economy as NASS approves N6.06trn for 2016 fiscal year

What do we do about our dysfunctional education system and youth unemployment?

The delicate balance between increasing economic opportunities in Northern Nigeria while also addressing security concerns

Nigeria’s cocoa loses market traction as old trees, bad weather cut supply

Investments in Innovative products spur FBN Insurance growth

Economy beyond summit

The CSR bill and doing business in Nigeria

Investors reprice fixed income instruments to reflect tightening

EO forecasts positive Nigerian outlook in 2016 GEI Report

Can you make your lifestyle deductible?

State govt so far access N373.56bn as salary bail out from CBN

Fuel scarcity may last another two months

Unilever Africa stresses commitment to Nigeria’s economic growth

Taxing Online Gambling – Why emerging economies must regulate

Australia’s Woodside shelves planned $40bn LNG project

Latest World Bank report exposes Nigeria’s low internet connectivity

Naira strengthens after CBN raises interest rates

Buhari, world leaders condemn attacks on Brussels, call for united front against terrorism

Akwa Ibom marks World Water Day, seeks end to open defecation

Faleke’s brother in police net over alleged inciting statement against governor

Customs re-imposes restriction on rice importation through land borders

FG to add to existing 10,000 jobs in water sector through key reforms

Endeavor seeks funds for $900m Ivory Coast gas power project

National Assembly approves N6.061trn budget for 2016, begins debate today

Lagos Executive Business Breakfast VI

Nigerian Senate passes 2016 budget

Expert renews call to compel motorists to implement speed limiter to checkmate carnage on roads

NDIC boosts ABU students’ morale on DIS course with cash prizes

Ringier Africa Deals Group Acquires Nigerian Online Shopping Platform DealDey

Global economic downturn, cyber/piracy risk raise safety concern for ships

Tanker prices suggest oil glut is diminishing

Naspers sub-Saharan Africa business hit by commodities drop

FG moves to address youth unemployment via cooperative societies – Ngige

Printers charge Lagos state government to fulfil commitment on Shomolu IPP

FG To Pump N350 Billion To Stimulate Economic Activity, Growth

Tuesday, March 22, 2016

CBN unexpectedly hikes rates to counter inflation in policy backtrack

Posers on housing deficit

Substandard machinery slows FG’s agric revolution plan

The only game in town

EU urges Nigeria to sign EPA to attract investors

Beyond oil: Review of PwC, LCCI report on diversification of Nigeria’s economy

Kaduna to attract greater investment as more airlines ply route

Curbing vicious herdsmen and visceral conflicts

Public Relations & Marketing Comms with Evadney Campbell MBE

The (mis)fortune at the bottom of the pyramid

Egunje for Pensions

FG to pump N350bn to stimulate economic activity, growth

Attack on Brussels reinforces need for greater international cooperation against terrorism – Buhari

Senate to begin debate on 2016 budget today – Saraki

Bondholders suffer $150bn oil price hit

Brussels airport hit by twin blasts

Governor Ganduje wants more community partnership in security delivery

Oil/gas company partners Abia in road project

Nigeria near peak on list of top 10 countries without access to safe water                

Senate to lay PIB next week

Reps to lay report on 2016 appropriations bills Tuesday

Communications firm hosts webinar on entrepreneurship, innovation

Stakeholders urge action as 58m Nigerians lack access to clean water

NLNG Act: Reps move to enforce 3% contribution to NDDC, lament state of Niger-Delta region

Monday, March 21, 2016

Buhari’s economic retreat mouths old slogans as investors seek action

To be fair, some of our institutions are working hard

The sea: a theatre of knowledge and power

Spar investing in local produce and courting domestic producers – CEO

Is Nigeria’s central bank still targeting inflation?

Fuel queues to persist on NNPC’s restructuring challenges

Breaking the myths around sustainability

AGF, Reps uncover multi-billion frauds in railway projects

Lafarge Africa plc revenue hit N267 billion, up 2%

Buhari and independence of the Central Bank

‘Critical thinking skills should drive sustainable development in Education’

Dangote tomato company begins test production in Kano

Buhari congratulates president-elect Of Benin Republic 

Buhari congratulates president elect of Benin Republic 

Eko DISCO to prosecute energy thieves – CEO

Petrol costs N110 to N115 per litre in private depots – Ex-IPMAN Secretary

Operators task SEC, NSE to address market downturn

Buhari says power situation no longer laughable, as govt targets 10,000mw in 3 years

Kenya, Uganda presidents to meet oil companies over crude pipeline

Germany begins construction of mini grids to electrify rural areas in five Nigerian states

Oil price fall in early trading on over supply worries

Police confirm four deaths, 24 arrests in Rivers

Rivers: INEC cancels rerun elections in 8 LGAs, but PDP picks early victories

ASL workers at Lagos airport end two days strike as chairman intervenes

Conglomerate sinks N7bn in Port Harcourt mega market project

Lack of information management engendered missed opportunities to maximise Nigeria’s full value – IIM

CBN issues exposure draft on national code of corporate governance

United Capital reports N3.26bn PBT

Sunday, March 20, 2016

Nigeria misery index spike shows limit of Buharinomics

Industrialising Beyond the rhetoric of revolution

Crude oil: Variants and pricing dynamics

On the economics and politics of devaluation

A second window would be ajar, and not fully open

Fixed income market liquidity soars as FMDQ integrates NBFIs

AXA Mansard innovative products pays off as premium income soars

Your insured loss is still your problem…take precautions

PwC report sees Nigeria GDP rising to 6.4 trillion by 2050

CBN’s MPC meeting begins today amid weak growth, rising inflation

Owerri Mall unveils Imo’s first FMCG trade business

Fire razes Niger Biscuit Apapa, destroys property worth billions

Rivers re-run: INEC suspends elections in two more LGA’s

The ‘Pharisee’ in Ota

Ambode releases N6.25bn first tranche of N25bn ETF

Saturday, March 19, 2016

‘Commodity exchange will impact on real sector, deepen capital market’

Cross River superhighway and the unending controversy     

Open Letter to General Buhari (2): “Animal Farm” vs “Fulani Cattlemen”

Dwindling allocation major headache of state governors – Alao-Akala

‘Towards nation building: Excavating Bassey Andah’s framework for Arts & Science administration in Africa’ (4)

‘Honey can replace oil as major foreign exchange earner’

‘Our goal is to re-invent Kano as a leading centre of culture & commerce in Nigeria’  

Of gender equality bill, male chauvinism and Nigeria’s unity

The Conrad Dibie Nwawo I knew

Who wins the Manchester derby? 

Troyka, Publicis Groupe partnership to deliver added value to clients – Shobanjo    

Friday, March 18, 2016

CBN issues exposure draft on national code of cooperate governance

Finance ministry improves mechanism to enhance transparency in FAAC

Attempt to mare Rivers re-run elections revealed

“Nigeria’s multi-billion naira waste recycling industry, yet to be fully explored”

Nigeria raises N125bn in 5-, 10-, 20-yr bonds at lower yields

Nigerian interbank rate rises on bonds settlement

Shootout in Abonnema: Two soldiers killed in Rivers as army vows to hunt down escaping gunmen

New demographic study unveils fresh investment opportunities in retail market

Lagos attracts N5bn investment in 3 months

Lagos re-opens Mile 12 Market

Indigenous telco benefits from FX challenges

Publicis Groupe secures equity investment in Troyka

FG hands over Ocholi’s body for interment: We shall remember the surviving children, show them love – Bello

Mauritians are wealthiest individuals in Africa – report

Respite for businesses as FG moves to better operating environment

MoneyGram sees Nigerian business growing even as economy slows

Oil price in fourth weekly gain

Thursday, March 17, 2016

PwC report reveals growth potential for retail market in Africa

Ocholi: The passing of a brother

Nestle delivers strong results amid challenging business environment 

‘Let no one trouble me again’ – What does Ikpeazu mean?

Nigeria loses N2trn to gas flaring in seven years

Adebola Atoyebi, the seasoned educationist turns 50

Metal exporters canvass inclusive consultation on solid minerals’ blueprint

NNPC: Unbundling or restructuring?

NEC fixes two days retreat for next week

Shootout in Abonnema: Two soldiers killed in Rivers as army vows to hunt down gunmen

FG will implement policies to help Nigeria achieve self-sufficiency in food production – Buhari

Dangote bids for Peugeot Nigeria stake

‘Buhari’s investment drive may fail unless operating business environment is right’

Lekki Gardens assures of adequate support for families of building collapse victims

Analysts urge government to address key drivers of economic growth

Naira firms at interbank market

Akwa Ibom plans regional markets to boost economic activity, create wealth

Stakeholders urge FG to provide power, others to boost made-in-Nigeria products

Ogun workers suspend strike, give Amosun another ultimatum

Rivers re-run: DIG storms Port-Harcourt, warns troublemakers to steer clear

Wednesday, March 16, 2016

Poor yields, incentives slash Nigeria’s non-oil export earnings by 59%

Buhari and the gradual squandering of hope

Ensuring Africa’s continued rise

India is a light in a gloomy world economy

UBA shows strength in FY 2015

Will Zuma’s visit to Nigeria bolster trade?

$300m financing gap dims FG’s proposed growth in refining capacity

Profit-taking weighs stocks as earnings season peaks

Final end of Boko Haram in sight- Buhari

NCC lifts regulatory service ban on MTN

NNPC says it’s owing FAAC N326 billion not N3.2 trillion

Nigeria should automate her ports to enhance ease of doing business – Omoyele

Russia confident of winning South Africa nuclear power bid

Denmark world’s happiest country, Burundi least: new report shows

Weak veterinary system, poor hygiene responsible for bird flu recurrence’  

Economic growth: Buhari lists Dangote, GE, Samsung, others as most strategic investors in Africa

Tuesday, March 15, 2016

Senate probes NNPC, MDAs, others over unremitted funds

Experts propose PPP ownership pattern for floating of national shipping line

30, 000 set to draw down N2bn as Rivers microfinance agency begins disbursement of CBN SME fund

Angola’s oil export tied to paying fat loans

‘Naira devaluation is a needless venture’

Size matters as big bank buffers blunt bad loans surge

Legislative reforms for development

The art of governing in prose

Economic Inclusion: Are we losing the gains

Egypt devaluation, rising inflation to test CBN resolve on naira

Harsh weather may threaten 2016 harvest

A call for interest rate reduction in banking sector

Guaranty Trust Bank records profit growth on increased interest income

N59bn agric research spend fails to lift farmers’ productivity

Poultry products supply gap hits 1.7mmt

Buhari directs security agencies to deal with sponsors of political violence in Rivers State

Ecobank Transnational expects lower earnings in 2015 amid macroeconomic challenges

Food Security: FG, World Bank partner on $560 million irrigation project

NSE’s market capitalisation drops further by N38bn

Zenith declares N105.66bn profit after tax

FMDQ OTC Securities Exchange posts N6.57trn transactions

Commodity and currency slump expose frailties of African economies

Nigeria inflation at almost 3-1/2 year high in Feb – NBS

Collapsed Lekki building: Lagos tells occupants of other buildings in affected estate to vacate

Standard Bank economist resigns after controversial Twitter comment

British American Tobacco to invest $11.9m in Mali state firm

EKO blames line trip from Egbin for power outages

GAC Motor rewards outstanding performances in Africa’s movie industry

Fuel marketers want NNPC to allocate more petrol to South East zone

Akwa Ibom begins cocoa expansion scheme, targets 1.5mt in four years

GTBank reports N120.7bn pre-tax profit for FY’15

Abia bans all form of touting, offenders to be prosecuted

Nigeria to sign UN gas flaring 2030 deadline agreement

Stakeholders applaud repeal of 37-yr-old Bankruptcy/Insolvency Act

Naira closes stable against dollar across forex market

Peace is panacea for national development – Ambode   

Lekki building collapse: Ambode sacks GM of LABSCA, dismisses 3 others for negligence

SEC set to partner DMO to issue Nigeria’s first sovereign Sukuk

Nigeria’s printing industry may crumble if power outages continue

Traffic to increase at Nigeria’s airports on completion of terminals – Dati

Ex-CDS trial stalled as court adjourns

Nigerian banks show strength in new Lafferty global quality rating

UBA, GTBank beat analysts’ expectations with positive 2015 results

Nigeria currency peg in focus after Egypt devalues

Monday, March 14, 2016

NASS adopts $36 oil benchmark for 2016 budget

The senate and denial of liberty

Excruciating fuel and power shortages: When will the change happen?

South Africa’s central bank may hold rates

Nigeria’s non-oil sector leverages digital technology to swim against economic current

IATA urges African states to adopt global carbon emissions offsetting standard

Nigeria’s FX reserves depletion slows

AGF uncovers over N3.374trn misappropriated funds by NNPC, MDAs

‘Channel partners, the backbone of Etisalat’s road to market’

Rise of serviced office and co-working spaces in Lagos

Nigerian interbank rate rises on cash shortage

Nigeria to sign UN gas flaring by 2030 

Product review: Microsoft Lumia 950

China seeks more crude oil export from Nigeria

Women empowerment: LAPO empowers 900,000 women in 29 years

CBN commences review of guide to charges for banks

Naira pressure to wane on improve foreign reserve, oil price

Nigerian-British Chamber plans to expand £7bn bilateral trade volume

Nigeria partners Equatorial Guinea on joint maritime policing

Fail to resume for works today,‎ forfeit your salaries, Amosun tells Ogun workers

Crude oil outages in Nigeria, others, responsible for price recovery

Sunday, March 13, 2016

Speculators defy profit guidance, hedge bet on dividend payout

Economic summitry and need for expertise in Buhari’s government

The purpose-driven nation

Reduced combined ratios lift Ensure Insurance     

PH Chamber of Commerce, NEPC to work on boosting non-oil exports

“Take Part: Save Smart” – Global Money Week 2016

MPC members voice concern over stiff forex market

NERC says new electricity tariff to bridge N180bn market gap

Total E&P Invests $10 billion in Nigeria

Smartphone grabs top spot with 60% malware infection

Increasing importance of remittances as bailout for Nigerian banks

‘Investors anxiously waiting for infrastructure delivery to take Nigeria to next level’

Despite opposition’s propaganda, we’re on right track in Jigawa – Governor

Saturday, March 12, 2016

Nigeria’s policy makers must think totally out of the box to improve education – Ensign

Why Magnus Abe’s camp smells victory in Saturday River’s rerun

Preventing disasters on Lagos waters

On Ambode’s ‘tripod’ agenda for Lagos’ prosperity

Death in the palace as we learn some useful lessons

Nigeria and industrialisation

Curve architecture in our 2016 home design is civil engineering feat – Haven Homes

The Port Harcourt volunteer

Expatriates hope monetary, fiscal policies should align to bring up acceptable system

Since independence, Nigeria has had only few credible leaders -Briggs

Dubic brand rolls out red carpet for Nollywood icon Pete Edochie

Nigeria/Republic of Slovenia to sign bilateral agreement in June

Time to patronise Made-in-Aba Military Wears

IEA says oil may have bottomed as non-OPEC producers cut output

Don’t lose your valuables to vandals, get c-protected

Friday, March 11, 2016

CBN aborts fraud as investigation progresses

Explosion rocks CBN office in Calabar

Manufacturing invasion expected in Lagos as thousands gather for MAN Expo next week

MTN N1.04trn fine: Senate queries AGF, CBN, others over Recovery Account

FG, UNIDO to launch first investment, technology promotion office in Nigeria

Lagos withdraws from sponsorship of pilgrimages

Naira drops on dollar scarcity as CBN plans to raise N1.07bn T-bills

Power minister may be overburdened, as electricity supply drops

Power minister comes under public attack over worsening electricity supply

Oil workers end strike, as fuel queues grow longer in FCT           

Fuel supply worsens in Lagos

Abuja residents get closer, personal with share a Coke revolution

Group petitions ICPC over alleged service elongation by Gidado

25,000 MDAs to use Nigerian developed software – ISPON president

Thursday, March 10, 2016

MTN offers to pay Nigeria $1.3bn out of $3.9bn fine

What’s in a name?

Richard Nnadi…Master of all trade, slave to none

Iheanacho reveals City’s success story

Buhari’s approval rating falls on failure to tackle sliding economy

The buoyant Nigerian economic outlook

Nigeria’s roadmap to diversification: ease of doing business is key

In hard times, property prices are low

Champion Breweries reverts to profitability on debt payoff

Recurring fuel scarcity

Fruitful China-Nigeria Economic and trade Cooperation

NUPENG, PENGASSAN call-off strike action

Nigeria loses $1.5 bn annually to vitamin, mineral deficiencies – World Bank

ACCION MFB to extend operations to 8 states

FG appoints Peterside as DG NIMASA

All zones must contribute to GDP – Saraki

Nigerian Prison: Reps seek adequate feeding of children born by inmates

Multi-family housing units top consideration as developers review project portfolio

Uber seeks to lure taxi drivers in Africa expansion plan

Reps probe $10bn revenue loss in NIMASA

African telecom towers firm IHS to buy Nigerian rival

FEC approves initiative on continuous auditing of MDAs expenditure

Falcon Private Bank may be interested in assets in Barclays’ Africa sale

FEC holds valedictory session for Ocholi, fixes burial for March 18

GDP confirms what Nigeria denies: Naira peg hurting economy

Wednesday, March 09, 2016

Senate probes DSS invasion of Ekiti Assembly

NCS ‎records N184m in Ogun FTZ, tasks Amosun on Igbesa/Agbara road reconstruction

NBS figures to show inflation at 3-year double digit high

When a country chooses to disregards history…

Devaluation (3)

Investment opportunities in the emerging Nigerian alternative energy sector (3)

Economy threatened as unions protest NNPC restructuring

Coronation Merchant Bank profit doubles on reduced interest expense

Imperfections of JAMB Computer-Based Test

Addressing gender imbalances in ICT

When is fighting corruption worth it?

Olajumoke Orisaguna, Ayodele Dada and the hypocrisy of corporate Nigeria

We are restructuring, not unbundling NNPC- Kachikwu

FEC approves Initiative on Continuous Auditing of all expenditure of MDAs

Ochili’s Death: FRSC Investigation Says Driver Over Sped

NNPC shut down as oil workers protest company’s unbundling

Nigeria’s Gross Domestic Product grows by 2.11 %

Switzerland reopens Consulate-General’s Office in Lagos, after 55 years

Nigeria’s management systems need strengthening – Finance minister

Ondo to partner with AfDB on youth empowerment

Nigeria committed to maritime safety standards, says Amaechi

Financial Discipline: Making every naira count

Kachikwu unveils new NNPC 7-unit structure, 7 CEOs named

Nigeria power opportunity seen overshadowing risks

Lagos looks to stimulate economic growth with fresh tax initiatives

MTN fine part payment seen boosting investor confidence

Tuesday, March 08, 2016

Joint persons of 2015             

Financial discipline…making every naira count.

Election financing in Nigeria

Investing in youth to promote agribusiness

Herdsmen/farmers clashes and cattle rustlers – Agribusiness perspective

Investment opportunities in the emerging Nigerian alternative energy sector (2)

The evolution of global project management

Moody’s places Nigeria’s Ba3 ratings on review for downgrade

Pinnacle oil deepens downstream sector value chain with new mega retail outlet  

APR Plc Proposes 43 kobo final dividend

Visually striking Hyundai Tucson replaces iX35

Lagos Motorfair organisers challenges FG, Stakeholders

Buhari, Zuma to address National Assembly members 3pm

NLC seeks end to hike in petrol, inflation

Economist urges govt to provide bailout funds to manufacturing companies

Tariff Hike: NERC calls for restraint among consumers

‘We have had four countries: Angola, Ghana, Rwanda and Kenya, who came to understand how things are being done here’

Investment opportunities in the emerging Nigerian alternative energy sector (1)

Socio-economic implications of school children abduction

The deteriorating situation in Burundi

Skye Bank boss advocates investment in manufacturing

Credit Registry, LAPO boost sustainable access to credit

High Yield Bond Funds enjoy strong inflows ahead of key central bank meetings

IGI pays N2bn claims to policyholders, promises improved service

OGIRS tasks investors on prompt remittance of taxes

Corporate tenancy in Lagos is slowing

Monday, March 07, 2016

‘We are committed to job creation, youth employment in this administration’ – OIIE

StarTimes reduces subscription price to mark Easter celebration

The conundrum of media business in times like these

Zuhari and the Nigeria-South Africa relationship

On the psychology of “having it all”

Electoral abracadabra and the tale of two LGAs

Ikeja Electric employs 603 staff, promotes 74

MultiChoice celebrates Africa’s best in movies, underscores true African stories

Moodys places Nigeria’s Ba3 credit rating on review for downgrade

Ease of doing business will lift economy, say experts

Oil rises above $40 a barrel as supply tightens

BOA disburses N9.6bn loans to women, youth

OIIE disburses N50 million in grants

Reps probe PPP contracts on issuance of travel documents

Enugu plans investment summit to boost state’s economy

Rural women set to mobilise, seek support for land rights, inheritance

Intercellular Nigeria picks Huawei for network transformation to LTE

Revitalisation of rail system will boost FG’s revenue

NCC moves to address arbitrary charges by telcos, boosts broadband penetration

IPOB: FG alleges threat to ‘abduct’ Nnamdi Kanu

$2.1bn arms deal: Court remands ex CDS in prison

UK firm begins audit of Bristow helicopter operations in Nigeria

Buhari appoints former deputy governor of Lagos State as SSA SDGs  

BoI signs pact with 11 facilitators on entrepreneurship scheme

Operators link equities rebound to impressive dividends, recovering oil price

Sterling Bank signs auto finance deal with Innoson Motors for customers

Adamawa burnt bricks company to create 120,000 jobs

Borno State University begins operation in October – Official

Customs generates N1.07 bn in Seme

Banking industry’s upcoming developments for last week

MTN clarifies Nigeria listing comments

Dangote eyes Morocco phosphate deal, rice production

Oil prices approach $40 amid hopes of a deal

Ogoni clean up: Environment minister holds stakeholders forum to kick start process

Akwa Ibom littered with abandoned NDDC projects, but state wants more

Greater Port Harcourt master plan to be adjusted

NDDC to get 2016 budget in April

Whopping security vote may be why Rivers budget is out of public view – APC

FG pledges to address challenges faced by Nigerians in South Africa                

NLC threatens nationwide strike over fuel scarcity

Centre for Financial Journalism holds inaugural lecture

Ocholi, son died on the spot along Kaduna-Abuja Expressway in ghastly motor accident – family source

Senate summons Shittu, Malami, others over MTN fine

Forte Oil’ GCEO elected as MOMAN chairman

As motorists still groan under fuel scarcity, NNPC says there is respite

Nigerian monarch redefines role of traditional institution in politics

Reps task Buhari to develop blueprint on agric revolution

Sunday, March 06, 2016

Enelamah needs heroic actions for his bold vision for MITI

50 years on, Nigeria fails to regain status among palm oil producers

Memories of our recent debt peonage

Auditors are not wayfarers, trouble makers, cowboys or money doublers (2)

Domestic gas utilization rises as oil companies show commitment to cut gas flaring

With FBNInsurance annuity, you are guaranteed a life time income in retirement

Fallen Naira: Implications for households, businesses and government

Macallan whisky hosts High net individuals to luxury night experience

Compulsory insurance, if properly enforced will give the industry a quantum leap- Mohammed Kari

Still on estimated billing by Discos

Insurers battle with capacity, turnaround time in transition to new policy

Minister of State for Labour, James Ocholi dies in auto crash

Black Rhino, Dangote conclude plans to invest $10bn in Kano, South East IPP projects

Saraki receives letter accusing Senate of frustrating TSA

Ambode to partner accountants in developing Lagos

Respite on naira as CBN plans liquidity mop-up after budget

$47m arms deal: Nigerian Army releases ex-ADC

Office space rents down as economy, investor confidence weaken

Police rescue abducted three female school girls

Intels, allied-groups’ investments in Nigerian ports hit $8.1bn

Rivers seeks FG guarantee for European Bank loan to complete N69.8bn medical factory

Nigerian enterprises warned of data security as internet-connected things to reach 50bn in 2020

Nigeria art sale slumps to N270m in 2015

An Entrepreneur’s Look at the 2016 Appropriation Bill (part 3)

Saturday, March 05, 2016

NPFL: Ikorodu FC, MFM battle for supremacy

For Peak Milk brand, mother’s day is worth celebrating

The benefits of adventures

Lagos, the environment and endemic diseases

Curbing indiscriminate waste disposal in Lagos 

Buhari’s wistfulness and oil

On Nigerians’ utter disregard for the environment

Nigeria faces Moody’ downgrade

Friday, March 04, 2016

Global markets -Shares, oil set for bumper weeks as payrolls near

What is the citizenship by investment programme?

Anambra community benefits from UNDP/BOI rural solar powered initiative

Seawater pipeline attack heralds fresh trouble in Nigeria’s Delta

MTN clarifies accounting provision for fine

UK scientist hail new breakthrough in cancer fight

Naira gains at interbank, closes stable at parallel market

Nigeria records highest of banked people in SSA

N25bn Lagos employment trust fund set to roll as Ambode inaugurates board

Ambode orders closure of Mile 12 Market

Edo has not abandoned CBN-MSMEDF loan scheme’

SAB Miller plans youth empowerment programme in South East

Starwood has built ‘Loyalty Beyond Reason’ –  Ahdab

Oil price in longest rally this year on Russia talks

Ex Barclays chief eyes Barclays African assets

Finance minister says TSA funds hit N3trn

FG to unbundle NNPC into 30 companies  

Thursday, March 03, 2016

Nigeria/India trade relations reach $16.36bn

Extend anti-corruption war to LGAs, NULGE tells Buhari

Reps, stakeholders kick against tax holiday for multinationals

Abuja Disco blames current load shedding on lower energy allocation from TCN   

Richard Mofe-Damijo, …still the king of the screen

Beyond the cooing

Changing tastes of Nigerian collectors boost prices of non-Nigerian artists

MTN plans listing on NSE, sets aside $600m for Nigeria fine

BusinessDay 5-Aside soccer tourney kicks off on Saturday

Kwara targets N30bn investment in 3 years – Ahmed

Air fares up 100% as dollar, aviation fuel shortage bite

GREIF FY 2015 profit falls on exchange rate loss

Elumelu seeks collaboration for increasing Trade and Investment across Africa

Nigeria should get angry

My unforgettable moments in Mauritius

FG to unbundle NNPC into 30 companies

2017 AFCON Qualifiers: Siasia invites 42 players for Egypt tie

Naira devaluation: capital market operators commend FG stance

Nigeria can compete favourably in global rice production – JICA

Nigeria to increase non-oil export revenue to $25bn, says NEPC

MTN to list on Nigeria’s bourse, expects naira devaluation

NSE transacts shares worth N56.64bn in February

Goldman Sachs, MTN invest $245 million in Nigeria’s AIG

What will be the highlights of international cricket this year?

FG charges governing council of Nigerian varsities on global competitiveness

Akwa Ibom signs MoU for integrated poultry processing plant

Aba tailors seek partnership with BoI to boost industry

FG to save $4.6bn on wheat importation via local production

BoI boosts living in Gombe rural community with N24KW solar power

Nigeria, Turkish sign economic cooperation agreement to increase $2.3bn trade volume

Osinbajo, Dangote, Wigwe, Walker, others to speak at The Economist’s Summit

NLC writes Ikeja Electric as NUPENG threatens to disrupt gas supply over workers’ sack 

Police will track down abductors of Ikorodu schoolgirls – Ambode

MTN cuts dividend as it looks to pay record fine in Nigeria

Wednesday, March 02, 2016

Investors elude $450m Lagos Lekki International Airport

On Currency, Manufacturing and the threat to the Middle Class (2)

T.H.E.S.E is the crux of the matter

Nigeria deploys troops to protect oil facilities from attack

Supporting local manufacturers of tomato paste

Nigeria, Angola, others oil exports to fall by 600,000bpd in six years

Beyond sack of 13 Federal University VCs

Taking advantage of a current account

Making sense of economic diversification

Seplat’s projected 525m scf/d gas capacity to boost Domestic market

Ghost workers’ scam: Reps ask Buhari to employ 23,000 unemployed into federal civil service

NUPENG threatens to disrupt gas supply over workers’ sack by IKEDC

Domestic market to get boost by Seplat’s projected 525m scf/d gas capacity

Shell proves test case for oil majors’ environmental records in Nigeria

Wike begins N0.5bn law centre for NBA

Rivers to reorganise TIMA-RIV for effective traffic control

FG’s economic diversification plans stem from NESG’s recommendations – minister

Nigeria targets local production of essential medications

Nigeria establishes one-stop shop for macroeconomic, financial data after scaling IMF hurdle

Nigeria will continue to support ECOWAS to achieve its laudable objectives – Buhari

‘Nigeria’s total debts stand at $60bn’

Uganda receives seven bids in oil exploration licence round

Dangote Cement lifts Nigeria’s bourse

Dangote Cement proposes 800kobo dividend following N188.3bn pretax profit

Forbes names Dangote, Adenuga, Otedola, Alakija, Abdulsamad among world’s richest people

Financial crisis stops South Africa’s Clover investment in Nigeria

Tuesday, March 01, 2016

Saudi, Iraq battle Nigeria over ‘juicy’ Indian crude oil market share

Fela and the Nigerian elite

Devaluation  (2)

A poverty reduction summit instead

Investment case for mini-grids, off-grid in Africa

Global miners shun Nigeria as policy, knowledge gap hurt investment

Iran, Islam, and Israel

FedEx acquires TNT Express

Naira Depreciation: Blame Governors’ Forum

Palmchat 5.1.4 boosts online mobile community collaboration

BoI boosts rural community in Gombe State with 24KW solar power project

Cashew juice processing firm starts in Kogi

Dangote Cement profit higher on rising volumes, Nigeria sales

Kaspersky rolls out threat detection platform for enterprises

Naira falls across FX market as reserve declines to $27.8bn

FG out to build new culture of fiscal discipline as economy struggles

S&P sees SSA commercial borrowing decline to $37bn

Brent rises to $37 amid brighter China outlook

Barclays reports fall in profits, exit Africa

African IPOs ‘to hit six-year high’ in 2016

Renewed Delta violence reignites fears for Nigeria oil production

Lassa fever kills three in Kaduna

Ministry debunks NIPOST privatisation rumour

N5,000 job seekers allowance: Imo, Nasarawa differ on President’s stand

Analysts seek strategic solution to insolvency framework, best practices shortfalls    

Ogonis allege more military build up on Ogoniland

Looming labour crisis threatens industrial peace in Akwa Ibom

Okowa urges CBN to establish entrepreneurial development centre in Delta

Interswitch obtains CBN approval-in-principle

N677m NIS scam: Court remands Abba Moro in prison