Businessday Nigeria Archive for July 2016

Saturday, July 30, 2016

OTC FX Futures Contracts worth 1.20bn dollars traded on FMDQ platform

Myths about Microsoft’s Office 365

APC, PDP test strength in Minjibir LGA poll re-run

Nigeria prepares troops for Niger Delta crackdown if peace talks fail

SABMiller backs AB InBev offer for biggest consumer takeover

Olisa Agbakoba legal launches Maritime Master Class

UNICEF pledges continued aid effort in Nigeria after convey attack

Niger extends state of emergency in Diffa region hit by Boko Haram

Secretariat shutdown: Appropriations Committee denies allegations

Christians, Muslims mourn murdered French priest

LASUTH begins Service Charter Week

Half year: Dangote Sugar Refinery posts N11.1bn PBT

Strategic learning interventions boosts human capital

Over 2.5 million children suffer from Severe Acute Malnutrition in Nigeria

Friday, July 29, 2016

Drawing the ‘line’….

Okojie hands over NUC baton of leadership

NBA 2016 election gets judicial go ahead

Fire averted at MMIA

Skye Bank receives N100bn from CBN

Ganduje express support for Mahmoud `s NBA presidency   

South Sudan’s new VP pours scorn on predecessor Machar, deepening rift

Task force recaptures town from Boko Haram

Wing part found in Tanzania is “highly likely” from MH370 – Australia minister

APC wins Imo north senatorial, 2 state constituencies in Imo

ACCIMA accepts Swiss International Hotels takeover bid of Enyimba Hotels

Diageo cheers return to US growth as long hangover lifts

Africa’s only nuclear power station’s first female chief inspector shares the secrets to her success

Don’t panic, Nigerian governor says, as bank shake-out looms

Clinton and Trump hit the road, looking for convention bounce

I ran a transparent government, as governor – Ameachi

VConnect rolls-out upgrades for enhanced SME sales, seamless customer experience

San Diego shooting: One police officer killed, another wounded

Buhari appoints new heads of health agencies

Globalisation as we know it is over – and Brexit is the biggest sign yet

Amazon boss Bezos becomes world’s third richest  

UN aid workers wounded in Boko Haram ambush in Nigeria

Clinton accepts historic nomination, slams Trump vision

Pope Francis to pray at former Auschwitz-Birkenau camp

NIRSAL guarantees over N61bn loans to agriculture

NBET, TCN get $473 facility from AfDB to boost power supply

Three Nigerians among four executed in Indonesia, 10 cases postponed

Thursday, July 28, 2016

CBN offers new 12-month futures contract of $1bn at N250/$

Bright Simons: Providing turnkey safety solutions that tease the bowels of intellectual struggle

FG seeks to enhance business start-ups, plans CAMA ammendment

Thousands of contractors, oil workers, now idle on militant attacks

FG’s new agric policy to focus on food security, import substitution

Egg scarcity looms as hatcheries fail to meet pullet demand

Buhari pleads with clerics to help calm Nigerians with messages of hope

Global donors meet Buhari, express displeasure over management of donor funds

EDO GUBER:  You ‘ll not regret voting for me-Obaseki

Ivory Coast bitumen maker SMB sees 20 pct jump in sales this year

Over 20 million Nigerians living with Hepatitis- FG

‘Recession’ trends on google as Anambra leads search in Nigeria

Profit taking: NSE market capitalisation down by N55bn

Increased attention can stem high hepatitis infection rates-Experts

Keshi Burial: Okowa calls for peaceful burial ceremonies 

12,915 `ghost workers’ in Sokoto State payroll, says Commissioner

Power Oil sensitises Nigerians on healthy living             

4 months after polls, INEC owes NYSC ad hoc staff N3.6m  

Respite for pilots as Emirates partners Boeing on pilot training system

Military solution not the way forward, Dickson insists

Proud to have a befitting NBA secretariat in the heart of FCT – Ike Ekweremadu

Rio 2016 Rowing: Ukogu eager to make Nigeria history

Agribusiness strategist urges FG to streamline food production in North-East

Turkey coup attempt: More than 130 media outlets shut

Antibiotic resistance: ‘Snot wars’ study yields new class of drugs

Shell disappoints market as weak oil, BG deal costs hit profits

UN condemns ‘barbaric’ Boko Haram violence in Nigeria

‘Operators see increased domestic LPG production in improved investment climate’  

Nigerian students set sail for USA, attend pre-departure orientation

FX inflow through CBN rises 31.8% to $1.52bn

Akwa Ibom denies receiving N17.8bn as statutory allocation in June

UK passport loses luster following Brexit vote

Second France church attacker formally identified

Wednesday, July 27, 2016

Bleak future for retirees as FG balks on N45bn accrued pension

Why they won’t just leave

The quality of politicians and economic outcomes

Naira falls to N330.12/$ on interest rate hike

Rate hike may depress investors’ appetite for equities

Agro-production deficits show huge investment potentials

Investors still confident in real estate market despite downturn

Finally, Jibrin releases list of 7 corrupt Committees’ chairmen on N284bn budget scam

FG to overhaul Abuja run-way

$300m realised from sale of Eleme Petrochemical Company – BPE

Economic downturn: Nigeria will emerge stronger nation – Ngige

2016 budget padding: Dogara, Lasun, Jibrin, others must face prosecution – Transparency Group

US steps up response to education crisis in Borno with $4.1mn investment

John Momoh is the new BON chairman

South Africa’s ANC likely to lose local vote in major cities: polls

Thousands of Zimbabweans rally for Mugabe after war veteran’s rebuke

Military solution not the way forward, Bayelsa gov insists 

Conspiracy theories flourish after Turkey’s failed coup

Usain Bolt: My sport needs me to win Olympic gold

2016 budget padding: Transparency Group begins signature collection against Dogara, others

3 sets of NOUN graduates waiting admission to Law School—Association

Obasanjo harps on prudence in the face of economic woes

Electronic fraud reduced by 63% in 2015-CBN, NeFF

Africa could be malaria-free by 2030

L’Oréal Invests in African Beauty

African leaders have no solutions to African problems

Five tips to save thousands in savings month

S.Africa court confirms amount Zuma should repay for upgrades to private home

South Africa will avoid recession this year: central bank

Earnings Alert: Okomu Oil Palm Company Plc

‘Jibrin should present proof of alleged budget padding’

MSF sounds alarm on northeast Nigeria, calls for food pipeline

Clinton makes history with U.S. presidential nomination

US election: Bill Clinton backs ‘best friend’ Hillary to lead US

No alternative to Buhari-led administration, says Lai Mohammed

U.N. warns South Sudan president over replacement of rival

Tuesday, July 26, 2016

MPC responds positively to yearnings of foreign investors

Growth Matters

Naira adjustments rekindle hope of M&A in banking sector

Standardization, efficiency and responsiveness in microfinance

Port security: NPA moves to guard ship navigation with electronic monitoring device

NERC: Make haste slowly

Speakers’ forum warns Governors against interference

Yahaya Bello knows fate on August 4, 2016

Abia guber tussle: Ogah ‘burgles’ Ikpeazu’s appeal

FBN Holdings reports N267.9bn half-year earnings

Ambassadorial nominees fail to recite national anthem, pledge  

FX dealers in thin trade on MPC

Ambode flags off Epe-Marina lagoon reclamation

APC governors move to resolve NASS crisis

Investors, landlords groan as economy bites harder, demand gets drier

Bilateral agreement: Nigeria, Iran forge trade partnership

FG outlines modalities to harness $60m local coffee market

Monetary Policy Committee raises MPR to 14%

FX dealers in thin trade of $3.560mn on FMDQ platform

Buhari commissions Abuja-Kaduna railway 10 years after initial award of contract

CURRENCIES – Naira’s dive fuels pressure for rates rise

Kogi Speaker Resigns

Market watches as Nigeria aims to resolve dilemma of rising inflation and slow growth

Forex: ABCON lauds CBN directive to commercial banks, laments slow pace of response

Africa to get two extra places in FIFA World Cup – Infantino

French police shoot dead hostage takers

Ex-employee kills 19 in Japan care home knife attack

Worst inflation in a decade deepens dilemma for Nigeria in slump

Priest dead, two attackers killed after assault on church in Normandy, France

Nigeria is understudying Iran on economic diversification-Buhari

Nigeria-UK cooperation model to subsist after exit from EU   

Nigeria Army rescues Bama Emir’s wife from Boko Haram

FG begins process to standardise exports

MPC members defy short-term FX supply improvement

Verizon buys Yahoo’s core business for $5bn in digital ad push

Monday, July 25, 2016

Economy planting seeds of growth amidst mixed data

‘A literate child will be an improved adult, a future asset’

Plastics at sea on the rise

Desperation for internally generated revenue (IGR) & citizen ambush

Analysts in cautious optimism over Nigeria’s 2017 budget projections

CBN should focus on its primary mandate

INEC postpones re-run legislative polls in Rivers

Nigeria restates commitment to providing regular and potable water by 2030

More trouble for Nigeria’s oil sector as pipeline explosion rocks Akwa Ibom

Afreximbank provides Heritage Bank with $150m for expansion

Standard Bank Group gets full banking licence to operate in Côte d’Ivoire  

NDIC links frauds in Nigerian banks to staff casualisation   

NNPC gets marching order on exploration of oil in North-East

Nigeria shelves plans for ‘Kannywood’ film village

Buhari receives FIFA President, Infantino

Nigeria pushes traders to book Naira deals as currency falls

10million more people ‘ll be dragged into Nigeria tax net before December – Fowler 

Nigeria naira sinks to record closing low; analysts eye rate hike

Expert links Nigeria’s non-oil export decline to disruption of EEG

Obasanjo urges Buhari to be vigilant, reaffirms NASS full of rogues

Ex commissioner wants EFCC to investigate Oshiomhole over alleged N14bn ICT contract

New speaker emerges in Edo state house of assembly

Two dead, many injured in shooting outside Florida teen party

Naira trades at average of N307/$ in 22 deals worth $19 m on FMDQ

FG adopts oil benchmark of $42.5 per barrel for 2017 budget

Worries of market glut shadow oil market again

MEND says it has started talks with FG

Akarigbo, Ogun first monarch, dies at 90 in UK

Daily FX volume hits $245m on rising confidence

Sunday, July 24, 2016

“Over N170bn spent on Radio, TV adverts but 90% advertisers unaware if their advertisement was carried” – CCM Chief

Nigeria’s oil industry failing woefully as rivals Iran, Iraq plot recovery

Restructuring Osinbajo has gone native

The perils of yellow fever

How much closer are you to your financial planning?

Perpetrators of Shiite massacre must not be allowed to go unpunished

Nationalism must change Nigeria’s Data Centre Landscape 

New test for Nigerian exporters as Africa opens $2.4trn trading door

FIFA president Gianni Infantino arrives Nigeria

Apple iphone sales set to surpass 1bn milestone

BEWARE! ‘Yahoo Yahoo Boys’ still on rampage

Like IBB, like Jonathan

Last week was an interesting one by all standards

Ribadu, Gundiri and Marwa’s return will boost APC chances in 2019 – Bodes

Nigeria’s critical sectors at risk from poor regulation – expert

Saturday, July 23, 2016

RES-Q digital set to impact the Africa digital space

Kerosene going beyond the reach of the poor, as inflation bites harder

‘If Super Eagles qualify for the World Cup, it’s good for our business’ – Felix Awogu

IITA picks FUNAAB as incubation centre for agric-based youth empowerment 

When manufacturers emigrate

The endless cries for restructuring 

Ex-rector urges Niger Delta people to seek accountability from their leaders

Data Diet: Five Easy Ways to Save Your Data

Sunderland name David Moyes as manager

Flying Eagles crash out of 2017 U-20 AFCON

Keshi advocated for young players, says Mashaba

Fire razes shops at Sabon Gari market in  Kano

I am happy to be back in APC- Ribadu

CBN directs banks to sell forex to BDCs

Munich shooting: Nigeria President, Muhammadu Buhari condoles with Germany

Medical experts task FG on good health facility

Munich shooting draws condemnation, empathy from around the world

168,843 pupils sit for JSS1 placement test in Lagos

Update-Munich shooting: Gunman ‘had link to Anders Breivik’, Norway killer

Democrat Clinton picks Kaine as running mate, bypassing liberals

Labour lauds Dangote’s industrialisation of Africa

Nigeria to better lead over S. Africa as Africa’s largest economy

Nigeria’s naira weakens to new record low

Friday, July 22, 2016

UPDATED: 6 die and many injured in Munich shootings

Africa gets $5bn in five years from Bill & Melinda Gates Foundation

Wike assures on workers’ welfare, as TUC seeks closer ties with government, corporates

Threat of food scarcity loom on account of farmers’ inability to access inputs, public policy failure 

Aviation sector at risk as terror attacks heighten

The world at war

Naira falls 2 pct in early interbank trades

No thanks: Mourinho shuns Chelsea fan, refuses to sign shirt

Brent oil at $45.90 after big fall on fears of glut  

Evidence based model in public health care to tackle health issues in Africa – Babajide Sadiq

Notorious for apathy

Adeosun: Made in Nigeria must be promoted, prioritised across all sectors

Customs destroys N12.8m smuggled poultry products in Ibadan

Thursday, July 21, 2016

A woman with a heart of Gold, Her Excellency, First lady of Kebbi State, Zainab Shinkafi Bagudu

Flying on the wings of Nigeria

Zika virus or low prize money? Why golfers are pulling out of Rio Olympics

NCDMB, BoI launch $100m fund for oil industry operators

Can Neymar inspire Brazil to Olympic success?

Stakeholders warn against ravaging malnutrition in Nigerian homes

Cross section of Reps. call for Dogara’s resignation

Saraki reshuffles Senate Committees, as Tinubu, Marafa head ‘juicy’ committees

Reps summon US Envoy, as Foreign Affairs Minister faults petition to Speaker

EFCC kicks against bail for Fayose’s ally

Halliburton scandal : Fayose denies service of suit by First lady

Morocco leads Africa in clean environment as solar provides 42% energy consumption by 2020

No need to panic about Nigeria sliding into recession, finance minister says

Nigerian students get judicial reprieve against expulsion

FG commits to 20% renewable energy by 2030      

Yusuf to coach Nigeria after Le Guen backtrack

Nigerian naira weakens to 330.50 in off-market trades

Crisis: Senate urges FG to evacuate Nigerians in South Sudan

Malnutrition: Nigeria’s silent crisis

CSO applauds EFCC, NJC on stance against corrupt

Naira falls to record low of 309 against dollar

Court orders immediate release of Fayose’s ally

South Africa to appeal Pistorius six-year murder sentence

Kano to enact new legislation on land reform

Russian firm to build 7,000bpd refinery in Calabar

Hope dims on pension funds investment in real estate as valuation, liquidity limit interest

Ambode’s wife urges pregnant women to embrace healthy living   

Absence of IOCs stalls NNPC JV Cash Calls probe

Wednesday, July 20, 2016







Aje FPSO prepares for first crude oil lift offshore Nigeria

Private sector driven TVET boosts local skills development, standardisation

NCC impose N10mn fine for unsolicited messages from telcos

African sales growth increased 29%

Kedari Capital offers 10m units mutual funds for investors

Kwara Assembly grants Ahmed’s request to access N1.3bn budget support facility

Zenith Bank is most customer-focused bank – KPMG survey

Senate set to screen 47 ambassadorial nominees

AFC secures CHF bond to fund infrastructure projects in Africa

Naira at record closing low as dollar shortages linger

FG unveils 3-year Agric roadmap,targets 23% increase in contribution to GDP

Nigerian activists urge action after male senator accused of threatening to beat female colleague

Kedari Investment Fund begins IPO

Shortage of tractors hindering agric mechanisation-Agric Minister

Coronation of Oba of Benin:  Traditional council inaugurates three committees

PwC identifies challenges driving change in tax reporting processes

FG partners Nigerians in Diaspora on aid for IDPs

Shippers’ Council, NUC initiate move to  introduce Maritime Law as course in Nigerian varsities

2016 budget: Senate approves N241bn for FCT  

UnityKapital Assurance records 19 percent premium increase in two years

Ethiopian adds frequency to New York-Newark

Economy may contract by 1.8% in 2016 says IMF

NDDC’s partners renew calls for release of over N900bn development funds

Naira loses N2.42k at interbank market

Tuesday, July 19, 2016

Low oil prices, return of insurgency and Nigerian Independents

Do we really want power?

Microfinance and management by all of us

Osinbanjo and the restructuring of Nigeria

Scaling up gas utilisation prospects hinge on incentive for local investment

Sunday, July 17, 2016

The looming famine in Nigeria’s North East

Remembering Yoni (2)

A telecoms leg to stand on (in Kenya)

Innovation benefits elude Nigeria as tech funding gap widens

Youth empowerment to unbridle Africa’s growth potential, says Bill Gates

Shakespeare for breakfast (and forever) 1

Tuesday, July 12, 2016

How to write 500 Word Business Essay

Monday, July 11, 2016

How many bank accounts do you need?

Having less worries managing your personal finanace

Sunday, July 10, 2016

Analysts look to see weaning spotmarket off CBN FX supply

“Aba-made” leather goods: From derogation to national symbol

The future of Nigerian insurance industry under the new CBN FX policy regime (1)

Gas suppliers shut Gencos out as banks refuse to provide LCs

CBN stems autonomous FX transactions amid liquidity concerns

Friday, July 08, 2016

Ngige warns Nigerians against panic buying of PMS

CSKA Moscow striker Ahmed Musa joins Leicester city

Two persons injured over accidental gun discharge at MMA1

Dogara vows to strengthen capital market laws to sanction erring operators

Oil steady in choppy trade, Brent set for biggest weekly drop since January

Famine threatens pockets of northeast Nigeria ravaged by Boko Haram – analysts

CBN directs currency dealers to execute trades via FMDQ-advised FX system

Court grants Ikpeazu reprieve over Abia governorship crisis

PENGASSAN, NUPENG on war path over nationwide strike

Federal High Court affirms Ikpeazu as Governor of Abia State  

Deregulation: Nigeria fuel consumption down by 30% -Kachikwu

Skye Bank shares at three-month low on central bank action

Oil prices bounce on Nigeria attacks, but weekly decline in prospect

FG advised to save maritime sector by refloating national carrier

Blatter’s appeal against ban to be heard on August 25

Niger Delta Avengers claims responsibility for Bayelsa pipeline attack

PM Cameron nominates diplomat Julian King as new EU Commissioner

$11.97bn coastal rail line project signing: Buhari, Amaechi receive commendation in Port Harcourt 

Global Shea Alliance, USAID $13m investment to impact Nigeria

Cross River security worsens, as Patrick Ani is kidnapped

Nigerian economy will bounce back, Dangote assures

Farmers urge relevant agencies to improve on storage facilities

Shooting heard in tense South Sudan’s capital Juba – residents

Militants blow up Eni oil pipeline

African airlines record second highest passenger traffic growth in May – IATA

SSA’s electricity shortage questions China’s $13bn 5-year power sector investments

Abuja Chamber puts economic loss of holiday extension at $1.88bn

Thursday, July 07, 2016

IK OSAKIODUWA, demonstrating inimitable expertise in his vocation

Corruption: Moving money out of purgatory

Rio 2016 Olympics and the threat of Zika virus

Nigeria drops to 16th position in cyber attacks ranking- Checkpoint Software Technologies

Lying and leadership

SlimTrader firm charts growth road-map for hospitality industry in Nigeria

France defeat Germany to book Euro 2016 final

Abuja Chamber puts economic loss of holiday extension at $1.88 bn

Social investors call for structured, strategic giving

FG’s committee to begin fresh investigation on Chibok girls’ abduction

NDLEA moves to dismantle criminal networks

Telecoms tops Nigeria’s Ad spend with N16.7bn in 2015

NDIC increases deposit insurance coverage of PMBs to N500,000

Panic buying of PMS imminent as PENGASSAN mobilises for nationwide strike

Nigeria misses top 10 place in list of countries harnessing IT in Africa

  Dogara to ring bell at Nigerian Stock Exchange Friday

PENGASSAN begins withdrawal from flow stations

Militants strike Chevron, put output recovery in doubt

Goldman, Deutsche Bank say Pound plune is just getting started

Theresa May maintains lead in contest to be PM

Nigeria’s sees drop in price of key food items

In fresh blow to the economy, Nigeria’s oil workers press on with strike

Africa’s growth forecast cut again by IMF to just 0.1%

Nigeria’s Inflation hits ceiling, to fall marginally

Rice Production: AFAN, stakeholders seek sustainable intervention

Widow wins N1m in Diamond Bank monthly savings extra promo

Shell lifts force majeure on Bonny Light exports

Hepatitis outstrips AIDS, TB as killer: report

Nigeria’s music scene becomes a cultural export

NDDC to hand over equipped sickbay to Federal Government Girls College

Nigeria urges against panic withdrawals on bank fears

Army reopens Maiduguri-Gamboru road 3 years after closure

Ford Foundation rates NDDC high, set for partnership

Kogi uncovered 9,000 assumed ghost workers from screening exercise

Court grants Sidpet Oil garnishee order over Edem Duke’s Mirage Investments’ accounts

Senate begins investigation into operations of NNPC Joint Venture Cash Calls 

Oil climbs above $49/bl. on lower US inventory

Wednesday, July 06, 2016

OPS warns lengthy holidays harming business, economy

The cost of living in Nigeria

N12bn healthcare investment seeks to stem Nigeria’s medical tourism

GSK shareholders approve N358.761million dividend

How Europe should respond to Brexit

Embarking next vacation, work on your budget

Joining Hands to Move the Country Forward

My Retirement

Cristiano Ronaldo inspires Portugal to Euro 2016 final

CBN clears Nigerian Banks, says none is in distress 

FX drives market to cheaper phones

Stakeholders in oil/gas industry express concern over NNPC board appointments

GCR rates Union Bank BBB+, stable outlook 2017

PEFON calls for youth development

SSANU-LASU resists de-harmonisaton of salaries of staff of primary school

Low funding stalls organic fertilizer project

Ikpeazu assures on security in Abia

Latest report rates Nigeria low in global Islamic economy

FX shift: More troubles for airline as operators abandon aircraft overseas

2018 FIFA World Cup tickets breach $1,000

UK pound falls below $1.30

Chevron approves $37bn Kazakhstan oilfield expansion 

Post-UTME screening: Education Ministry, stakeholders settle for N2,500

APC: A stumbling start and the big picture

TACKLING CORRUPTION – Moving money out of purgatory

Education struggles to provide millennial with the right tech skills for the future

Nigeria’s unity not negotiable- Buhari’s tells militants

Abia begins enumeration of artisans, service providers

I have lost confidence in Rivers REC, says Abe 

Former deputy governor urges FG to address Niger Delta crisis

Latest report rate Nigeria low in global Islamic economy

Football star Messi sentenced to 21 months in prison for tax fraud

Niger Delta Avengers say their only Twitter account suspended, others are imposters

Pound hits new low on Brexit nerves

Shareholders kick against de-marketing ploy against Heritage Bank

Pistorius jailed for 6 years for murder of girlfriend

Serena batters Pavlyuchenkova to join Venus in semis

Niger Delta: Again Buhari appeals for patience, support of Nigerians

Tuesday, July 05, 2016

Overcoming issues around energy theft hinged on effective metering system

Poor business culture raises banks’ apathy for Nigerian power firms

House, NCDMB give kudos to Local Content implementation at LADOL FTZ

Leveraging gas investments to salvage Nigeria’s economy

Hedging against impact of BREXIT on banking sector

Harvesting client ecosystems in micro financing

Malnutrition and child survival in Nigeria

Fuel scarcity likely as PENGASSAN plans withdrawal from oil locations

Eid el-Fitri: Sultan tells Muslims to watch out for the moon

Fox Out As May Wins First Round Of Tory Vote

Renewable energy and roadmap to solving Nigeria’s energy crisis

NLC mulls review of demand of N56,000 minimum wage  

Lagos Water Corporation embarks on house-to-house complaints verification

Panama Canal expansion opens more opportunities in LNG market

Lagos projects 6 months for ‘Lake Rice’ to hit market

Huge opportunity for investors as only 2% of Nigerians shop in formal retail

Gunmen kidnap expatriate contractor in Lagos

Nigeria’s estimated N200bn logistics, supply chain industry reverses

NEITI, EFCC join forces to enforce accountability

Eid-il-Fitr: FG extends public holiday to Thursday

Lack of trust in law enforcement agencies responsible for jungle justice in Nigeria-NOI Polls

La Liga Tour: Players shortlisted for NPFL All-Stars team

Federal Secretariat: Workers urge FG to settle accumulated electricity bills

Labour crisis hurting economy – NECA

VITOL buys majority stake in Oando’s downstream unit for $276m

Airline operators seek payment of aviation charges in naira

CBN seeks to expand banking net in new-tiered KYC requirements

GSK Consumer Nigeria Plc declares 30k dividend

FG urges China to reduce export tariffs on Nigerian produce

Akwa Ibom wants end to gas flaring as clean up begins

Oil falls to $49 on economic concerns, ample supply

Anambra signs N1.93bn large scale integrated agric project MOU with agro company

UFAK Cancellation: KFN to engage athletes with competitions

OPEC crude production rises in June led by gains in Nigeria

Lagos airport welcomes new A350 Ethiopian aircraft

Edo Election: Pedro Obaseki Emerges Accord Party Candidate

Monday, July 04, 2016

Citi presents outlook for energy markets to the Presidency

Ogun electoral commission fixes October 8 for LG, LCDAs’ election 

Only Dasuki can explain $40m pipeline contract – witness

Oando sells stake in downstream operations

NACA embarks on Integrated Supportive Supervision across Nigerian states

Obasanjo supports Eco as legal tender in West African countries 

Fashola orders monthly rating of Discos on safety, payment performance    

Abia governorship : Ikpeazu and Ogah in face off over ‘self help’

Chinese  govt’ to explore opportunities in Nigeria’s health, manufacturing, education sectors 

Presidency approves new Board of Directors for NNPC

Pan Africa Solar mulls $1bn investment to generate 1000mw in Nigeria   

Forgery Case: Melaye alerts on attempts to tamper with evidence

CBN appoints new Chairman, CEO for Skye Bank

CBN sacks Skye Bank executives over capital issues – source

Gbajabiamila pushes for publication of accounts

Oil price rallies above $50/bl on positive sentiments

NACA  embarks on Integrated Supportive Supervision across states 

Twitter suspends account of Nigerian militant group, Niger Delta Avengers

Stop selling tickets in foreign currencies, NCAA warns airlines

Court grants Fani-Kayode, Nenadi Usman bail

Ikpeazu’s tax certificates not fake, says Abia revenue service

Sunday, July 03, 2016

More Mud

FX scarcity, legacy debt unsettle downstream petroleum sector

Seismic shifts as Britain ends fractious relations with Europe

Brexit and the march of folly

Esusu and access to credit

Post-Brexit UK, EU and Africa

June PMI shows manufacturing returning to stability

After soured ties with IOCs, Nigeria seeks new friends in China

AFC arranges $425m loan facility for New Age

Nestoil boss advocates PPP in Africa’s quest for efficient energy supply

NSCDC demolishes houses, other structures on Shell gas pipelines in Ogun

NCAA warns airlines to stop selling tickets in dollars

Access to finance, manufacturing hubs key to unlock textile industry’s potential

Dickson pleads with ex-militants to cancel protest

Embrace dialogue to resolve crisis, Onaiyekan calls on Nigerians

U.S. won’t allow Nigeria stolen funds laundered through its banks – Ambassador

Forgery Case: Court ruling has vindicated us – Senate

NSCDC destroys 8 illegal refineries, confiscates 53,640 adulterated ago in Edo

Senate condemns murder of Oyo lawmaker

Gunmen attack boat transporting Eni SpA workers, Kill two people

Sallah: FRSC deploys 600 patrol vehicles, 15 tow trucks, 50 ambulances

Abia governorship : Await court decisions, AGF advises Ogah and Ikpeazu

Forgery case against Saraki and others, an abuse of court process

‘Nigeria may not survive another religious crisis’

A week of mixed feelings

Bread: People’s staple out of reach

Twists and turns of Saraki, Ekweremadu’s forgery trial 

Niger Delta Avengers say five attacks launched since Friday in Nigeria’s southern Delta

New urban lifestyle in premier residential destination  

Saturday, July 02, 2016

Gaffe! SGF on 2014 National Conference Report

When lifestyles defy economic laws

Just why is Buhari fixated on grazing reserves?

‘I am definitely going to miss the energy that Casinos bring to the hospitality industry’

Stanbic IBTC Trustees harps on importance of estate planning among Nigerians

The politrick in Abia

Agric financing: Pathway to sustainable economic growth


Ethiopian Airlines acquires first Airbus aircraft for Africa operations

Absolute immunity no longer allowed under the law- Falana

House of Reps impressed with Total’s contributions in Nigeria

Six Questions for Nigerian Guitarist King Sunny Adé

Bangladesh siege ends with 20 hostages dead, 13 rescued

Theresa May ahead in race to be the next British Prime Minister

Nollywood plays significant role in Nigerian economy, says finance minister

Gov. Lalong praises Buhari for approving N5bn for payment of workers’ salary arrears

India just rolled out its first locally-built combat plane

20 hostages killed, 13 saved in Bangladesh restaurant attack

Structures, integrity must be merged to fight corruption – experts

Police deploy Tactical Operation Unit to Arepo, Ibafor

Court grants N500m bail to former Adamawa state Governor Fintiri 

Gunmen kill Oyo lawmaker at home

CBN calms nerves of banking sector stakeholders on BREXIT

Police Service Commission retires 21 AIGs

Friday, July 01, 2016

Localisation of raw materials in brewing industry will boost agric sector – Duke

Proposed infrastructure development bank legislation injurious to FG’s investment drive

Brilliant Wales beat Belgium to reach Euro 2016 semis

Tiger Woods pulls out of Open Championship

Asian buying of West African crude to edge higher in July

EDO 2016: PDP accuses Edo gov. of sponsoring factional governorship primary

GTB: Two Independent Non-Executive Directors retire

Nigeria withdraws from basketball championships – FIBA

Human capacity, infrastructural development focus areas in Niger Delta – Minister

Experts task port security operators on IMO code

FG  finally signs China  $11.117bn reviewed contract for Lagos-Calabar rail

Plateau Govt. commences payment of salary arrears to workers – Lalong

USD57 million traded on FX future market since Monday opening

Reps warn against non-implementation of N100bn constituency projects

Angolan bonds plunge as President warns of debt payment struggle

Oil falls as oversupply concerns return to centre stage

Alleged forgery: Buhari apologises to Senate over AGF’s comments

Kenya Airways expects Nigeria funds repatriation this month


Kano LGAs seek bailout from state government

Udom dissolves transition committees of 31 LGAs

Kano Consumer Protection Council confiscates goods worth N10 million

EARNINGS ALERT: University Press Plc

EARNINGS ALERT: Avon Crowncaps and Containers Plc

Thursday, June 30, 2016

Kachikwu assures of transparency in sale of Nigeria’s crude oil

CBN directs banks to register security asset in movable assets with NCR