Businessday Nigeria Archive for October 2016

Sunday, October 30, 2016

Downstream oil and gas firms are in a growth spurt

Oil peers outperform Nigeria as reforms stall

Governor Willie Obiano: Proof beyond doubt

Investors buy structured notes linked to Nigeria sovereign debt

Vetiva ETFs total returns underperform benchmarks

Cosmetic, hygiene industry worth N11trn

Two billion cocaine discovery: Senate calls for synergy among security operatives at ports

NPA promises to fast track rehabilitation of roads into Lagos ports

20% interest rate on agric loans cannot guarantee progress – Obasanjo

FG urge to include cancer treatment on NHIS

U.S. Election Poll: Trump bounces back

Ethics Ctte: APC wants 2 Justices out

Academy of Education’s 31st congress looks at education, sustainable development

Ford, Nissan seek Africa car industry fixes with state talks

800 herdsmen now in custody over violent attacks-Osinbajo

Saraki lauds army for buying Made-in-Nigeria shoes

HIV: USAID intensifies Zamfara campaign

120 public schools in Ekiti to get world Bank assistance

Farmers to produce 1mn tonnes of rice -CBN

Nigeria’s billionaire monarchs

Okowa’s job creation scheme stirs souls in Delta

Ola Aina: Nigerian next Superstar in making

Free-readers: What do they argue on at newsstands?

Saturday, October 29, 2016

‘Empowerment of small businesses can take Nigeria out of recession’

Winning F1 title will fulfil my dream- Rosberg

Children’s Hour (2)

Anti-graft war: Buhari’s net yet to drag real culprits to jail

Dangote, Arsenal FC and Nigerian football

PMB, Aisha and the ecology of public administration

Huawei moves up on Interbrand Best Global Brands Report

Giroud, Sanchez take Arsenal to summit

UN Schools elect Nigerian first female President

9 dead in Maiduguri blasts – Army

Clinton dares FBI on email details release

Prestige Assurance reports 9-months pre-tax profit of N385.1mn

SAA losses continue until 2021 despite new turnaround promise 

‘Evolution of new information, digital tech is paradox of technology’

‘Curbing import of substandard lubricants will spur downstream sector growth’

$2.6bn Badagry mega port to ease Nigeria’s unemployment crisis

Two Enugu ladies win Lift Saxum/Ola Ndi Igbo entrepreneurship award 

Cross River mulls state shipping line 

BON Hotel deepens hospitality operations in Nigeria

Renewed bombing threatens FG/Niger Delta talks

Friday, October 28, 2016

Power, FX cut capacity in paint industry to 20% 

Lifepage Group empowers Nigerians in the face of recession

Dangote Sugar Refinery Plc reports 9-month pre-tax profit of $15.3bn

Aba shoe-makers relying on NEXIM-Sealink project to formalise trade  

A.G Leventis reports N823.9mn PBT for 9-month ended Sept

Nigeria, Portugal to begin air services soon

Identity theft, cyber crimes fester on MDAs failure to harmonise biometrics

Japaul Oil and Maritime Service reports N3.4bn PBT for 9-month ended Sept. 2016

Ronaldo deserves Ballon d’Or, says Zidane

EFCC grants Abati bail

Trump cheers FBI’s renewed look at Clinton e-mails

FBI reopens Clinton e-mail probe 11 days to election

OPEC officials debate thorny issue of how to implement supply cut

OPEC may freeze production over prices

Bird Flu: Kaduna govt. on red alert

Nigeria sells N51bn naira treasury bills, interbank rate flat

Hat-trick at the NSE as Q3 reports flood in

International Internet Day: Nigeria ranked 7th in global internet useage

Implementation of Cybercrime Prohibition Act key to reducing security threats – experts

Updated: AAU students protest hike in tuition

Ogoni cleanup begins 2017 with N600bn initial fund

Dollar rises to 3-month high vs yen before pivotal US GDP data

Consolidated Hallmark  Plc reports 9-months group pre-tax profit N358.1mn

IEI reports 9-months pre-tax loss of N641.8mn

NFF finally clears Siasia 5-month unpaid salaries

CCNN posts N1.06bn Profit Before Income Tax for Q3 2016

Access Bank’s unaudited financial statements shows group PBT of N72bn

Bloom Art to exhibit at Art X Lagos.

In-country cloud storage a viable option for IT growth in Nigeria

NSE notifies public of effective date of new rules

UAC reports 9-months group pre-tax profit of N6.30bn

Fidelity Bank reports 9-months pre-tax profit N9.83 bn

Ambrose Alli University students take to streets, protest fee hike

Smart internet scams you should not fall for

Baidu sees first ever revenue drop

BA profits fall 4% on weak pound

UPS orders Boeing 747s in $5.3bn deal

Unregistered SIM cards: Reps propose N5m fine on telcos

Udom lauds FG over Anchor’s Borrowers Scheme

Sterling Bank reports 9-months pre-tax profit N6.07 bn

Zuma asks court to postpone Gupta report hearing

FG launches infrastructure programme to tackle insurgency in Niger Delta

Hotel giant, ‘Bristol Palace’ set to enter Kano hospitality market

IHS settles $800mn high yield corporate bond 

We need to unlearn some inherited parenting habits

Mobil Oil Nigeria reports 9-months pre-tax profit N8.48 bn

Decaying facilities in Rivers port worry stakeholders

NNPC, police pledge collaboration to curb attacks on oil, gas facilities

Budget: NCC to spend N100m on fuel, phone expenses, others

Recession: CBN advocates for complementary fiscal policies

Again, appeal court orders Saraki back to CCT

Drop in cheque usage threatens CBN-accredited printers’ businesses

Thursday, October 27, 2016

Group seeks Rivers Govt’s intervention on Total E&P- Egi community feud

2018 FIFA World Cup: Good signs for Nigeria

ExxonMobil discover a billion barrel oil field offshore Nigeria

‘Suntory’s acquisition of Lucozade, Ribena throws up opportunities for local sourcing’- CEO

Nigerian First Ladies at the fore of cancer awareness

Credibility crisis hits new corporate governance code

Wrotham Winsor unveils new cost-effective building technology

The Kitchen… More important than ‘the other room ’

Compulsory health insurance to boost Nigeria’s coverage tremendously

Nigeria’s economic pain the gateway to a new normal

Four ways Nigerian can boost their chances for startups loans

Between analogue and digital broadcasting

Naira to strengthen on $21m sales to BDCs

Dangote Cement shrugs off recession, as profit leaps 147%

Nigeria sets 3-year timeline to achieve 7% tax to GDP ratio

Africa Initiative for Governance announces Jega as first fellow

FG to perform first mining road show in China

Osinbajo to speak at Harvard, Houston infrastructure conference

Naira bounces back on liquidity boost

I’ll honour Senate screening for NERC job after clearance- Akinwande

Trial of Judges will reinforce public confidence in judiciary- NBA

Mixed reactions trail proposed re-introduction of toll gates

Twitter closes Vine video service

Standard Alliance Insurance reports 9-month group pre-tax profit of N821.5 mn

Wives of President, Lagos state governor to speak at 8th ARISE Women Conference

Exxon Mobil announces significant oil discovery offshore Nigeria

Consecutive gains, NSE reeling from positive sentiments

194,000 infants immunized in Enugu LID programme

Iwobi needs to improve on finishing- Wenger

Seplat Petroleum reports 9-month pre-tax loss of $87.6 mn

IS ‘loses 800-900’ fighters in Mosul battle – US general

Naira seen gaining on improved dollar supply

Oil rises above $50 as U.S. inventory drop balances OPEC doubts

Iraq serves sweet tea and raw data to avoid OPEC production cuts

Deutsche Bank reports profit despite ‘tough’ environment

UK economy grows 0.5% after Brexit vote

Nigeria to reconstruct region hit by seven-year insurgency

Federal Mortgage Bank to determine actual housing deficit

S.A’s Public Protector says report blocked by Zuma is final

Ethiopia state of emergency has created calm investment environment – Govt

Buhari unveils petroleum roadmap

ICC exit: Burundi officially writes to UN chief Ban Ki-moon

Dangote Cement reports 9-month pre-tax profit 148.72 bln naira

Nigeria still 21st worst country to do business as reforms drag

Titilope Sonuga; a poet at war with societal ills

UK economy defies fears of quick Brexit hit, grows solidly in third quarter

Sweden seeks trade balance of N1.9trn with Nigeria


Families groan as prices of food items soar in A/Ibom

Unilever Nigeria Plc. reports N49.9 bn turnover in Q3

Wednesday, October 26, 2016

FBNH N57bn profit shows resilience of top tier banks

MAN seeks concessionary Forex allocation to boost productivity in industries

MultiChoice commits to agreement with CPC on customer satisfaction

WACT introduces online clearing platform to ease clearance in Onne port

FG says N25bn released for take off of social intervention programme

Elumelu, Bill Gates discuss role of global philanthropy on business, politics in Paris

CEOs of Linkage, Leadway, NEM, ten others to vacate office

Nigeria baby diapers market booms on annual 5.9 million births

Reversing the medical brain drain

Needed: A strategy that works

Fuel queues loom as imports become unprofitable for marketers

Sun International’s pull out, the Nigeria gaming industry and the rest of our economy

House renting traps to avoid

Ex-Council Chairman petitions Oshiomhole to EDHA over non-release of Vehicles

Senate gas committee promises to sustain NLNG legacy

Nigeria, Sweden partner on economic recovery

Oil down 1% on OPEC worries despite bounce on US draw

NAICOM relocates inspectorate directorate to Lagos

Apapa: Private investment in road infrastructure seen to ease cargo movement

Lagos re-aligns home ownership to suit low-income group

Nigeria to join league of EPR compliant nations

Updated: Nigeria still 21st worst country to do business as reforms drag

New Ease of Doing Business ranking indicative of Nigeria’s Tenacity-Presidential Aide

Startling rise in oral cancer in men, what it says about our changing habits

Six easy ways to save money on diapers and wipes

Mid-week rebound at the NSE on renewed investor sentiment

Made in Nigeria opportunities: Integral banking for the common good

Anchor Borrower Scheme to address food sufficiency drive, Ogbeh says

Senate probes Customs

Group tasks Wike to wade into Total E&P – Egi community spat

Reps summon IGP over renewed extra-judicial killings

Life in Manchester ”a bit of a disaster” – Mourinho

Legislative aides begin 14-day protest over unpaid allowances

NFF fix November 13 for AGA

Reform the ICC, not run – Pelomoni Venson-Moitoi

Google trains 500,000 Africans on digital skills

Southwest Airlines Q3 profit falls 33.6 percent

Vodafone fined £4.6m for breaching customer rules

Apple iPhone profits fall, but sales beat estimates

Heineken – Currency hits to profits looms despite spike in sales for Q3

Rivers spends over N90bn on road infrastructure in 17 months

Toyota recalls 5.8 million cars over faulty Takata airbags

Nintendo profits surge despite Pokemon Go popularity

Toyota recalls 5.8mn cars

Morocco: Oldest library in the world undergoes restoration

The Gambia plans to dump ICC

Eko Atlantic City ahead on land price increase in Q3’16 as naira loses value

FG,Private sector  to invest N40bn within four years in Kwali Agro-industrial Cluster

Recruitment of 2,000 primary school teachers should be redone, says Enugu House of Assembly

Mining sector gains traction from government, private partnership

Dollar underpinned by Fed rate expectations, Aussie shines

Oil prices drop as concerns over global fuel glut re-emerge

Recession: KWIRS bullish on revenue drive, threatens to jail tax defaulters

Oil producing communities demand 3% budget for amnesty

MTN Nigeria makes headway with subscriber base, data revenue

Nigeria to launch information portal for citizens  

Tuesday, October 25, 2016

Demand-supply imbalance in power industry: The need for strategic intervention

What monthly FAAC tells us about Nigeria, oil revenue

Nigerians living in rural areas are beginning to feel the impact of insurance- Kari

How policy intervention can grow renewable energy in West Africa

Beyond pension with your PFA, you need extra financial plans– Meristem boss

GTB, Zenith, FBN others to effect changes in board composition

FG assures international community of respect for bilateral agreements

Yudala scheme gets N1.5bn to fund entrepreneurship

Buhari presents $30bn 3-year external borrowing plan

Renewing commitment to ethical standards of banking sector

Halliburton posts surprise profit as expenses fall

Sub-Saharan Africa’s outlook: Strong policy action urgently needed

UN and Nigeria’s foreign policy lacuna

FG approves task force to rebuild North East

UN confident Nigeria will meet SDGs’ poverty eradication target        

Edo Assembly sets up committee to investigate market women protest

We will return Nigeria to good old days- Buhari

Banks fail to translate social media to adoption of mobile banking – KPMG

Haye in dark over WBA title shot

Gold rises on higher demand, Fed rate hike prospects weigh

Heineken inspired designer collections hit the HLFDW show 2016

Dollar near 9-month highs as offshore Yuan hits record low

Oil prices slip below $50 amid OPEC squabbles, strong dollar

Brazil legend Carlos Alberto dies after heart attack

Equities market fails to shake of the bears as NSE-ASI slides 1.73%

Akinwande, another nominee, rejects Buhari’s appointment

Suntory Food Limited acquires Ribena, Lucozade franchise

FCMB Group interim audit, Q3 results due November-end

Presco Plc releases interim Q3 financial statements

Cornerstone Insurance releases Q3 statement

SSA economic revamp hampered by delayed response by Nigeria, others – IMF

42 agric investors target Nigeria for investment

Buhari seeks NASS approval for N180bn virement to fund 2016 budget

Buhari seeks National Assembly’s approval for $29.96bn external borrowing plan

Coal loses to renewables as world’s largest source of power

CACOL condemns new NJP, says it will aid more corrupt practice

Police to create special unit to tackle cyber crime

NEC in emergency session, looks at double taxation, NSIA

Senate moves motion on re-establishment of Toll Gates on Federal Highways

Niger Delta Avengers take down Escravos export pipeline, ahead talks

Zimbabwe growth to quicken to 4.8% in 2017

Ex-IMF central banker gets tough on inflation in Mozambique

U.S humanitarian team assesses Chad Basin states


Petrol is still being subsidised, says NNPC

IMF urges African states to cut deficits as growth grinds lower

Soccer-Ronaldo and Messi go head-to-head for Ballon d’Or again

FBN Capital hosts government, business leaders Thursday

NEITI predicts hike in debts

CBN funds 2,000-hectare Coscharis rice farm in Anambra

FG seeks stronger ties with neighbouring countries to address polio resurgent

Gold edges up on steady demand; Fed rate hike speculation weighs

NBCC says economic prosperity hangs on manufacturing sector performance

Oil prices dip on OPEC squabbles ahead of planned production cut

Monday, October 24, 2016

The untold story of NIPCO’s acquisition of 60% Mobil Oil stake

Property market now attractive for investors looking beyond recession

‘Passage of PIGB to increase investment, exploration, production’

Analysts predict mixed fortunes as Nigerian downstream sector divestment increases

Corruption, biggest obstacle to national development – FG affirms

Innoson, Chinese investment to boost competition, technological solutions

FAAC allocations fell 30% in H1 on crude oil prices slump

Food production: Okowa inaugurates 14-man team for CBN anchor borrowers’ programme

FG’s projected reforms plan big for Gas, refineries

Does Barkindo have the Midas touch?

The rise of cybercrime as a service

Nigeria and the IMF report: Does GDP size matter?

Investors looking beyond Nigeria’s disarray

Eko Disco commences metering enumeration programme

FCTA asks herdsmen to move cattle out of Abuja city

FG sets to further drive diversification, growth with new plan

Court adjourns ICPC forgery case against Edo deputy governor-elect

FG lost N159bn to cyber crime in 13 years

Aviation sector hopeful as investors key into concession plan

Breaking News: EFCC arrests Reuben Abati

Reps uncover illegal insurance of Presidential Air Fleet, others

Poor tax system in Shea nuts market costs Niger $80mn annually

EU seeks deal with Nigeria to send back economic migrants

Africa tilts as winners emerge from the commodities slump

Ambassadorial Appointments: Govs. fault Buhari’s nominations

NJC stops media reportage of petitions, gift acceptance by officers

For a 46% return, bond investors go to Venezuela—If they dare

Gold edges down as dollar steadies off 9-month high

FG to meet with Niger-Delta leaders, militants on October 31

One dead, 100s injured as trains collide in South Africa

Banking stocks favorite as NSE sustains losses, index down 0.08%

How to check ATM fraud – Prof. Ayo

The night we ate Art, drank Food, and admired Wine

Aba: Eziukwu market traders register cart-pushers to forestall theft

Protesters shut down Benin-Lagos highway

APC is responsible for Nigeria’s situation, but we shall fix it- Okorocha

Foreign currency revaluation gain spur Zenith Bank to growth

Nascon Allied Industries Plc reports pre-tax profit of N2.59 bln

Jigawa spends N6.92mn on women training

The Night We Ate Art At the BusinessDay Wine Club Event

MTN suspends Nigeria dividend payout

Apapa Lagos

Saving One Million Lives: Minister cautions against misappropriation of funds 

U.S. Polls: Clinton widens gap

Sunday, October 23, 2016

Kidnappers in Lagos must die, says House

Nigerian Stocks are down 35 percent since a 2014 peak. But are they cheap?

Naira to maintain stability as CBN settles $270.6m future contracts

As deals surge in Nigeria’s downstream oil sector, what’s the attraction?

CIBN calls for urgent policy intervention to address economic challenges

Lagos Emergency simulation exercise showcases capacity

Institutional funds buy cheap bank stocks

Investing in Vetiva S&P Nigerian Sovereign Bond ETF: what you should know

A day with Munach Shoes CEO

VIGIL [“SURARA”] At J.K. Randle Memorial Hall

Nigerian equities down 37% in dollar terms as trading volumes fade

Bastardising the principle and practice of separation of powers

PZ Cussons pumps $300m in backward integration projects

Cabinet reshuffle: Who should go and who should come in

FBN Capital to host government, business leaders at investor conference

Nigeria ponders missed opportunity on World Polio Day

Saudi Arabia looks to Russia to boost non-OPEC cooperation

Troops arrest 21 suspected terrorists

41m children to get polio vaccination

Iheanacho goal rescues Man City against Southampton

Cameroon train crash: Rescuers search for more bodies

Christian Pilgrim Commission to give 50% attention to youth, Agric

Egyptians losing patience with Govt. as economy deteriorates

We can help to reduce huge losses of FX to education annually if… – Bells VC

Return of the cabal

Buhari’s ministers spend taxpayers’ billions of naira to fuel SUVs

AT&T acquires Time Warner in $85bn mega-deal

Saturday, October 22, 2016

Hard to say bye, as Udom dissolves cabinet

‘How quacks cause over 60% of childbirth mortality rate in Nigeria’

Who wins bragging right at Stamford Bridge?

Like Aisha, like Abigail

How fear of Putin shapes US presidential election

US election: Trump outlines plan for first 100 days

A quiet week from the other room, others

Businesses, property investors cheer as work speed increases on Lagos-Badagry expressway

‘Investors should know that Nigeria’s economic challenges are temporary’

Nigerian presidents in wasteful foreign trips

Municipal, industrial pollution identified as major problem in Nigeria

Abia police parade 25 armed robbery suspects

Who killed Dele Giwa?

Why can’t we end polio?

Barcelona captain Iniesta out for eight weeks

Viable mortgage industry and economy

Musa finally scores first Leicester City goal

Somali pirates free 26 Asian sailors held since 2012

Trump vows to weaken U.S. media ‘power structure’ if elected

Cameroon: Road collapse and train derailment cuts off two major cities

Major cyber attacks disrupt U.S. internet

AT&T reaches deal to buy Time Warner for more than $80 billion

Ebonyi APC gets new chairman

Messi unstoppable at his best, says Enrique

Reckless lifestyle, bane of Nigerian economy – Spiff

Friday, October 21, 2016

‘Demography, infrastructure pressure show Lagos deserves a special status’

Sale of assets: Ijaw group wants a piece of the action

 ‘Transparency, efficiency will drive FG’s reforms in oil, gas sector’ 

FG tasked on attractive environment for private sector engagement

Lagos plans overhaul of waste management system

US commits $18mn to tackle malaria in Oyo

Unpaid bills cost Electricity Disco N27.6bn

NSE-ASI slides 0.1% on account of banking and consumer goods  

 Nigeria’s power sector shortfall to reach N1trn in December

Time Warner shares jump on $73bn AT&T bid

Unilever ranked top employer in Nigeria

Nigeria to demarcate border with Niger

McDonald’s beats sales forecasts on breakfast rush

BAT plans $47bn Reynolds merger

Buhari’s daughter, Hadiza Buhari-Bello, dismisses BBOG’s allegations

Failed coup in Burkina Faso

Gold falls on dollar strength; set for first weekly gain in four

Pakistan bans Indian media content

Smuggling: Customs adopts new approach

EFCC re-arrest Fani-Kayode in court

Dollar heads for third weekly gain as US rate rise bets firm

Zimbabwe’s currency crisis deepens

MTN clarifies point on Certificates of Capital Importation

Algeria to sign ex-Belgium coach Marc Wilmots

BusinessDay Wine Club presents ‘Wine Meets Art’

Prospect of oil trading in a tight band for years is far-fetched

18 African Authors to Meet at the 2016 Ake Arts & Book Festival (Part Two)

StanChart’s buyout fund retreat explained through one soured bet

Plummeting newspaper ad revenue sparks new wave of changes

Bombardier to cut 7,500 jobs across its global operations

Samsung blocks exploding Galaxy Note 7 videos on YouTube

US election: Clinton and Trump trade barbs at Al Smith dinner

Zimbabwe clears 15-year debt arrears owed IMF

FG calls for a change in agric system

CAR is worst country to be a youth-Global Youth Development Index

NAFDAC seizes drugs, drinks worth N68.2mn in Enugu

Apapa roads: Chaos as motorcycle rider escapes death

310 youths get CBN loan

Oil prices stable as strong dollar weighs, tighter market looms

Dollar stands tall after dovish Draghi pressures euro

Thursday, October 20, 2016

Reps to probe sale of PHCN non-core assets

Reps ask FG to declare state of emergency on health sector

MTN, Banks say $13.9bn alleged illegal repatriation of $13.92bn factually inaccurate

Reps to probe sales of PHCN non-core assets

World Bank Raises 2017 Oil Price Forecast to $55 per barrel

Court to hear FG’s $406.7m crude oil theft suit against Shell December 8

MTN, banks say $13.9bn alleged illegal repatriation baseless

First two quarters of 2017 will be tough for businesses, predicts RenMoney CEO

Murray chasing Novak for ATP World No1

Faith Fookes: Raising awareness about Nigeria, Africa’s fistula burden

UBA unveils email-based banking platform, EMailMoni

Ripped, toned and sculpted, welcome to the 21st-century fitness market

The dawn of climate-friendly air travel

Monopoly tournament in Nigeria mirrors chaos of the real-life property market

Gold extends 3-day rise, awaits comments from ECB’s Draghi

Oil prices sink 2% on profit-taking, falling from crude’s 15-month high

Final list of appointed ambassadors

EFCC recovers N200m stolen funds in Borno

Nissan buys Mitsubishi

INEC strategies for 2019 election

Oba Ewuare II takes over Benin Kingdom

Jonathan calls for deeper democracy in Africa

World wine output to hit four-year low

Senate passes North-East development bill

Step down immediatly, NBA tells judges fingered in fraud

Expert says digital advertising growing steadily

Dangote urges govts. to reduce multiple taxes on SMEs

Operation Crocodile Smile reduced militancy in C/River – Buratai

Nigeria moves four places up in recent FIFA ranking

ICPC arraigns 4, convicts Policeman for demanding bribe

North Korea missile launch fails

Solar power and sea water; farming in Australia takes a new turn

Buhari approves projects for 2016 Ecological fund

Osinbajo attends Oba of Benin’s coronation

Naira-priced properties gain as devaluation gives investors advantage

Alleged smugglers remanded in prison

Buhari nominates Mamora, Ibeto, 44 others as Ambassadors

Nigeria losing revenue to inaccurate metering in oil, gas sector- NEITI

Turkey dares U.S. in Syria

Tesla to make all new cars self-driving

‘Except for the cargo airport in Lagos, all others are not viable’

Nigeria sells N81.5 bln in short-dated treasury bills

Yahoo urges US to publish surveillance order

Fix refineries to work optimally, DAPPMA tells FG

Police disperse Cape Town student protesters

How I made $15mn-Patience Jonathan

Ex-Congolese VP convicted of witness tampering

Uber partners First Bank to offer loans to Nigerian drivers

Nigeria-South Africa relationship in spotlight at banking forum

American presidential championship

Prince Eheneden Erediauwa to be crowned Oba of Benin today

France supports Nigeria power sector

Reps support N5bn commercial agric credit fund for states, FCT

Wednesday, October 19, 2016

Debate: Trump refuses to say he’ll accept election results

Lionel Messi scores three as Barcelona smash Pep Guardiola, Man City 4-0

Operators owe NIMASA over $421mn as debt – Peterside

Money laundering: NDLEA intercepts €325,640, $30,000

Nigeria’s e-payment channels see increased popularity as e-PPAN records over N30trn transactions yearly

IMF projects Nigeria as Africa’s biggest economy, ahead SA, Egypt

Weakening naira boosts GTBank’s Q3 profit to N140.837bn

FG seeks more time to negotiate rail project with GE

Access Bank hauls US$300m in Bond, set to promote export

Stock investors in cautious stance amid Q3 earnings season

Nigeria’s downstream sector attracts mega deals

Infinity Mortgage Trust Q3 earnings spike amid sector woes

Sterling Bank, Afrigrants flag ‘Quick Cash’ for womenpreneurs

Analysts blame rising interest rate on FG, inflation

UBA: Impressive earnings growth persists

Weco Systems, Veritas partner to deepen data protection for digital businesses

Expensive habits that dips hole in your pocket

Nigerian banks and the Dubai analysts: Stemming the external aggressors

Africa Sales Academy – A new vehicle for job creation

Nigeria, others race to meet India’s surging oil appetite

Reps probe FERMA over alleged financial impropriety

Reps ask FG to declare State of emergency on security in Kaduna

Fight night in Vegas as Clinton, Trump clash

NAFDAC seizes 14 cartons of expired drugs from counterfeiters

Ibom power to undergo system upgrade, maintenance

Udom wants interest free loans to farmers

Global stocks little changed as investors focus on earnings

Aba pivot to Nigeria’s technological breakthrough

Google peps Nigerians on search engine

Saudi Arabia to Sell $17.5 bn in bonds to global Investors

Bilikiss Adebiyi-Abiola: Sorting through wastes to a cleaner, wealthier continent

EFCC Enugu Zonal office recovers hug sum of money, goes after politically exposed persons

Gold benefits from lower dollar on Fed rate hike uncertainty

Economists question China’s consistent growth numbers

Facebook to add food-delivery option

Philippines police van rams protesters outside US embassy in Manila

Declining terms of trade drives EM weakness

FG approves N30bn mining intervention fund

World Pension Summit Awards has boosted our reputation- Akande

10 foreign policy questions for the final Clinton-Trump debate

Banks lose N2.67trn deposits to TSA

Senate to probe arrested Judges

UK unemployment rate holds steady

Stakeholders share recession proof strategies for resurgence in oil drilling activities

Pound climbs a second day as report shows resilient labour market

High input cost threatens 2016 crop production

Time ticking for Nigeria’s diversification drive as EV sales set to jump

Buhari to formally host 21 released Chibok girls today

Pep Guardiola returns to Camp Nou

Oil price advances for second day to $52.22/bbl

EFCC calls for law enabling it keep part of recovered loot

Aso rock dinning room

Ethiopia hosts climate confab

Oil rises on reported US crude inventory draw, expected OPEC cut

Dollar steps back from 7-month high; Aussie trims gains

Shanties along Lagos shorelines put state at risk

11 kidnap suspects arrested in Kano, 10 victims rescued

Sustained losses at the NSE with capitalisation dropping N27.4bn

Tuesday, October 18, 2016

Nigeria losing as global air travel doubles next two decades

Chinese investors fall over themselves to explore opportunities Nigeria

South African Airways prohibits Samsung galaxy Note 7 on board

Telecoms operators advocate for spectrum sharing

ASUU bemoans plight of over 18m Nigerian children out of school

Reps probe CBN over non-release of FX to ago-allied firms

FG requires N1trn to turn around aviation sector

Neille, Gasa, Poplak, Swingler win Ecobank Economics Award at CNN MultiChoice awards

The need to benchmark for business process improvement

Worldsteel anticipates growth in steel demand for 2016, 2017

Textile Company appeals to FG for patronage, to boost production

‘Integrated weed control holds promise for cassava revolution in smallholder farms’

Tomato processors hit by harsh operating environment

Why Africa’s oil crisis could lead to growth

USAID re-launches $10mn whistleblower reward on fake malaria drugs, commodities

Boko Haram attacks Army, 13 soldiers wounded, others missing

Why we’re embarking on demolition along Lagos shorelines – LASG

EU pledges £25m to support anti-graft crusade in Nigeria

Experts hinge Emirates scale down on economic downturn, FX strains

100 Chibok girls stuck with Boko Haram

Lagos Startupweek launches six startups

PTI to become a revenue spinner, says PTDF new boss

Obasanjo tasks FG on agric development

Buhari’s row with wife signals frustration over Nigerian inertia

Senate revives E-voting, confirms Justices

Chibok girls freed by Nigeria’s Boko Haram risk rejection back home – experts

Nigeria overnight lending rate at record high on tight liquidity

NCC raids Lagos markets

Commonwealth reduced to 52 nations as Maldives quits

Aboderin, Rafindadi new FAAN directors

COP22: Pre-COP Ministerial Meeting opens in Marrakech

‘Aba CFC will serve better as training centre’

Dollar falls off 7-month highs, sterling rebounds

Oil prices give up gains as dollar comes off lows

Strongman leaders more trusted than democrats

Godogodo Attacks: Police flood community

Access Bank Ghana to raise $58 mln via IPO and debt

Abuja Chamber commends CBN forex intervention for airline operators

Consumer goods firms hit by recession as growth wanes 

Goldman Sachs’ profit jumps 58% as trading revenue surges

CBN tightening may be near end as m/m inflation hits 8-month low

Emirates to cut flight operations to African countries

UK inflation rate rises to 1% as price of clothes and fuel rises

Netflix shares soar as video subscribers grow

Russia and Syria to halt air strikes in Aleppo

Rethinking Innovation

Joshua Dariye’s trial begins Thursday

Unity Kapital Assurance reports 9-month pre-tax profit of N215.4mn

Mosul offensive: Territory recaptured from ISIS

More than a dozen killed in Indian hospital fire

Ivorian opposition members to hit the streets against new constitution


Gold climbs on on weaker dollar, but rising equities cap gains

Dollar takes breather, markets ponder near-term Fed rates view

Oil edges up as analysts say market could be closer to balance than expected

More signs of choppy times as oil traders push for price cut

98% of Nigeria’s dairy products imported

LCCI dialogue to drive transformation of Nigerian maritime sector

Banks to leverage tech solution for cheque deposits via smartphones

Domestic airlines uphold safety, security as another airline gets IATA certification

Tax debt: FIRS shuts more companies

Economic diversification re-ignites calls for local content policy in construction industry

Naira maintains gain, exchanges at N454/$

Monday, October 17, 2016

Respite for cash strapped oil firms, banks as Forcados restarts

Lagos to disburse N380m for bursary, scholarship 

Senate pledges support for CBN

DSS and Aisha Buhari: Wrong ways to do the right things

Reforms without reformers

Why NEITI wants President Buhari to jettison PIB

Man charged with N6m fraud

Riches of problem in business

Insurers soften on rates to accommodate reluctant consumers

The impact of regulation on the real estate industry in Nigeria

Investment window opens as Houston EB5 unveils Hotel & Residences

Financial worth of Nigeria’s top three websites

The Dying Business of Picking Stocks

FG targets food sufficiency via seed Centre of excellence project

These are difficult times for Nigeria-Buhari

NSE market capitalisation drops by N77bn

Nigeria recession dims quality education affordability, increases fees defaults

Kano wants residents to embrace personal hygiene

N29bn state funds: FG rearraigns Nyako and son

Kano distributes N1bn worth of hospital consumables

NSE-ASI slides 0.81% as investors eye Q3 corporate scorecards

Discover Paris’ best kept secrets

Nigerian pilot to become first African to fly solo around the world

Rwanda unveils world’s first national drone delivery service

Leaders of Red Cross visit Buhari

Kenya Airways chairman to quit

S.A finance minister affidavit shows suspicious Gupta transactions worth $490mn

Oil production to jump 22% by year end – Kachikwu

Nigeria to sign a cash-raising oil deal with India for $15bn by December, says Ibe Kachikwu

U.K. government says Brexit challenge seeks to invalidate vote

Guinness Nigeria Plc proposes dividend of 50 kobo per share

Gunmen attack Niger prison holding Islamist militants – minister

Musk postpones Tesla product launch

Gold edges up on bargain hunting, dollar pares gains

Ahmed commissions N200mn Asphalt plant for roads maintenance, jobs creation

South Africa’s Naspers to sell Allegro Group for $3.2bn

Oil prices fall on latest rise in US drilling

Access Bank Ghana begins IPO on Oct. 19

Dangote acquires gas processing plant in The Netherlands


FG commences auto tech programme review to address maintenance challenges

Sunday, October 16, 2016

The spiritual side of Aso Villa

Nigeria, Boko Haram resume negotiations to release 83 more Chibok girls

Professional Women Bankers move to reposition businesses for continuity

Senate commends NDIC for regular remittance to consolidated revenue fund

Forex concession: NCAA charges airlines to improve operations

Tackling water hyacinth to unleash Lagos economic potential

Anti-corruption: Bishop advocates 6-year single term for elected politicians

APC, PDP need overhauling to remain relevant to Nigerians – Birma  

Buhari’s own allies add voices to criticism of Nigerian ‘paralysis’

Why a “freed” FX market is good for Nigeria’s economy

Leading in a time of Adversity

All Pain, No Gain! : In global hunt for yields, Nigeria repels investors

Forte Oil profit slumps on huge borrowing costs

The nexus between eye healthcare and national development

Skye Bank CEO unveils lenders plans to promote financial literacy

Boko Haram, FG and release of Chibok 21

FATE Foundation to host MSME forum next month

Who is teaching our children?

Lagos pivotal to national development – Utomi

Naira value looks up this week on improved supply

Boris Johnson’s double stance on Brexit

University of Lagos expels 125

Celebration as 21 Chibok girls reunite with parents

MAN wants more spending on made-in-Nigeria goods

Gov. Okorocha refutes Buhari’s alleged medical trip to Germany

We will ensure liberation of all Chibok girls – Lai Mohammed

Customs dismisses junior officers for drug addiction, certificate forgery

Experts urge FG, states to invest in conversion of solid waste into electricity

Rotary, Bill Gates Foundation raise $99m to fight polio in Nigeria

We stayed without food for one month, 10 days – Chibok Girls

Trump wants Clinton to take a drug test before final debate

Rebels ‘capture’ IS stronghold of Dabiq

Murray beats Agut to win third Shanghai Masters title

China backs Brics Nations despite global uncertainty

Athletics: Fans say 2016 not good for Nigeria

World Food Day: Association, farmers demand modern inputs

Mode of Judges’ arrest is draconian & tyrannical – Afenifere

Nigerians fight drugs in South Africa

Police, soldiers in Abakaliki showdown

‘No sign of Christmas as business activities at the ports dwindle’

12 years after Okija shrine episode: Ritualists’ activities put Nigeria on edge

Functional local content policy needed to drive made-in-Nigeria campaign

‘Intensify human capacity building to curb brain drain, medical tourism’

Isheri Oshun residents decry poor state of road

‘ETLS offers equal opportunities to all countries within the ECOWAS sub-region’

Saturday, October 15, 2016

First Lady scores the bull’s eye

‘Adamawa government’s good performance in infrastructure responsible for success in council poll’

#BuyNaija: Analysts emphasise need for improved quality, pricing

Agitations: From ‘Resource Control’ to demand for ‘Special Status’

‘We must swallow our pride, go to IMF and lay bare our fiscal weakness’

Istanbul, the city that never sleeps

We have no regrets focusing our resources on education – Aregbesola

Apapa: Bumpy roads to a goldmine

USA: “Dump the Trump!”

Obi of Onitsha counts his blessings at 2016 Ofala Festival

Royal banquet, beauty pageant round off Ofala 2016

Mwilu and Idi scoop CNN MultiChoice African Journalists 2016 Awards

Upper chamber and Lagos’ special status

Of lenders, developers and empty partnerships

Saraki congratulates new UN Secretary-General

NCC increases international rates

Attackers set NNPC crude pipeline on fire in Delta State

Suicide bomber killed in Adamawa

8 women accuse Trump of harassment

Watchdog report on friends of South Africa’s Zuma under lock and key at parliament – ANC

Usain Bolt sets last race for June

BRICS leaders set for Goa summit

Trump blames NYT, Carlos Slim for travail

Dam provides one million jobs

IEA to lift solar, wind outlook after decade of underestimates

Recession: Nigeria to be free in 2018

Friday, October 14, 2016

DBN to start in Nigeria, says Buhari

14 ships discharge petrol, others

Germany votes 18bn Euro for Lake Chad

Foreign airlines gain momentum over remittance of trapped funds

Full text of First Lady, Aisha Buhari’s BBC Interview

Akwa Ibom holds investment roadshow

Eat Art. Drink Food. Admire Wine

Port-berth rate down to 25% on tumbling business

Are you on the same page financially with your spouse?

NNPC pipeline vandalized in Niger Delta militant attack

Relatives of Chibok girls overjoyed

Israel severs ties with UNESCO

Matthew fatalities in Haiti hit 546

NSE trades sideways ending in the green. ASI up 0.02%

Lalong bans Shi’ites in Plateau

Nigeria’s inflation strides on, hits 17.9% in September

Libya’s $1.2bn claim against Goldman Sachs thrown out

Chelsea signs record-breaking £900m Nike deal

Chibok girls’ release thrills Abdulsalami

BusinessDay’s SME Market Access Forum postponed to 1st November

Treat yourself to a Maldives trip

Nnamdi Kanu’s case re-assigned to new judge

27,000 Osun indigenes to benefit from National Cash Transfer programme

Doctors suspend strike

Is the Nigerian economy “rightly” diversified?

Buhari to address Germany-Nigeria Business form today

Samsung takes $5.4bn hit from Galaxy Note 7 fallout

Position of the NJC on arrest of Judges: Full Statement

Central bank to sell dollar forwards to clear backlog of demand

Buhari congratulates UN Secretary-General designate

On Lagos’ strategic infrastructure development plan

May rejects suggestion by EU’s Tusk that Brexit may not happen

Sultan Sa’ad Abubakar set to celebrate 10 years of assumption of office

S&P: South Africa “is not business as usual”

Brazil court to try Lula on Angola corruption charges

Weak economic team seen as challenge to investor confidence

Judges arrest, a threat to judicial independence – NJC

Kenya calls on EAC to integrate uni-visa

S.A’s President Zuma applies for court interdict to block anti-graft report

Caught in fee trap, South African university students rebel

Aisha Buhari may not support President Buhari’s re-election

EU celebrates return of 21 Chibok girls, commits more support to Nigeria

Danfo driver

Lagarde congratulates Guterres on appointment as UN Secretary General

Ministry hands over ‘fraudulent officials’ to EFCC

Gold prices edge lower as equities, dollar gain

International oil prices dip on production cut doubts

Dollar on track for weekly gain as investors await Yellen

Nigeria’s September inflation rate hits 18% – analysts say

5 iconic female designers who have come a long way

Thursday, October 13, 2016

Heightened security in Thailand after King dies

FG set to commercialize therapeutic food to stem malnutrition

Osinbajo meets 21 released Chibok Girls, says govt expects more soon

NNPC approves 6 additional companies to lift crude oil

Group raises confidence on CBN, FG policies for economic recovery

FG approves release of N10bn recovered from sales of spectrum to NBC

Again, FG solicits mutual legal assistance from US, UK, Italy on Malabu oil deal

Africa’s barbing clippers market valued at N109bn

AUN welcomes release of Chibok young women

Lagos targets 100% adult literacy by 2019

Nigeria’s CEOs brace up for tough 2017

Weco Systems gets Cisco’ IoT manufacturing specialisation

Nigerian fashion designers have indeed come a long way

Boost for textile, fashion industries as government agencies formalise native wear

My amazing Istanbul experience… simply unforgettable

Unilever Nigeria restates commitment to Nigerian economy

Trendy styles making waves this season

Is Pinnick led NFF really broke?

Tackling crimes with tracking devices

Preserving the destiny of the Girl Child

Lagos engages MOC Consulting to boost workers’ capacity

Imposing taxes on sugary drinks can reduce obesity, diabetes – WHO

Liverpool to wear ‘special’ jersey during clash with Man United

Buhari leaves for Berlin

Guterres confirmed 9th UN Secretary

Budget Padding: Fresh crisis looms over Constituency projects

This will help you create prosperity, build a successful business

Samsung offers incentive in exchange for faulty Note 7

Riek Machar in South Africa for treatment-Spokesman

Africa’s population boom fuels “unstoppable” migration to Europe

Release of 21 Chibok Girls not a swap-FG

Thailand’s King Bhumibol Adulyadej passes on at 88

Reps move to strip President’s power on removal of Judges

Dishonoured Cheque (Offenses) Bill 2016 passes second reading in Senate

British Boxing Board of Control suspends Tyson Fury

Released Chibok girls ‘swapped for four high-profile Boko Haram commanders’

US singer Bob Dylan wins Nobel Literature Prize

Budget airlines spread their wings across the Atlantic

Rohr fears Algeria threat after sack of coach

US Election 2016: Trump ‘groped woman like an octopus’

The two gig economies: One happy and one miserable

Senate moves to legalise lobbying

Gold prices climb on weaker dollar, stumbling stocks

Germany’s Banking Problem Is Bigger Than Deutsche Bank

Oil prices fall on higher OPEC output, rise in US crude stocks

Amosun tasks traditional institutions on security of investors against land grabbers, speculators

‘Corruption war will step on sensitive toes’ – FG

Recession reward

Wednesday, October 12, 2016

Nigeria gradually tilting towards two lines

FG targets 3.8m commercial vehicles as speed limiters enforcement takes off

House of Reps aviation committee to call for public hearing on airport concession

Labour, CSOs ask Buhari to probe Nigerians named in Panama papers

ACCA, FITC seal pact to share capacity, deliver value to private sector

Manufacturers list conditions for improved service delivery

Legalise indigenous crude oil refining, stop criminalising it

Putting the populist revolt in its place

Business unusual: Surviving the recession

UBA Q3 profit growth driven by FX deals

NAMA saves N1.5bn in two years engaging indigenous engineers

Investors may price Nigeria’s new Eurobond near 7%

Nigeria loses revenue as 85% petroleum products berth in Lome

Akwa Ibom urges women to be change agents

FAAN sacks, demotes directors

Mobs kill 4 Shiite members, police kill 9 in Sokoto

CBN suspends licences of 195 BDCs

Buhari nominates environment minister to AU Reform Steering Committee

Jump starting our energy MSMEs

How serious are we about agriculture?

NFF poor managers, no goodwill – Sports Minister

FBI investigating Clinton campaign chief’s hacked emails

Trump, a danger to the world-U.N. human rights chief

Central bank says country’s lenders have strong capital buffers

Reps ask FG to convene emergency security summit

Complete Orient Petroleum, hotels and transform Anambra into another Dubai – Obi urges Obiano

Burundi parliament overwhelmingly votes to leave ICC

The Nigerian versus American farmer

Hurricane Matthew may have cost over $10bn in damages

S.Africa’s Zuma appeal charges to be heard in open court

Ericsson profits slump 94% as sales fall

Monarch airline agrees £165m investment from Greybull Capital

Pound steadies after recent slump

Macmahon terminates its contract in Calabar

‘SMEs can only survive recession with better business environment’

Tanzania, Congo sign deal for joint oil exploration

Buhari leaves for Germany tomorrow

Mali mine workers to go on five-day strike

Saudis leave Istanbul with Russia pledge, OPEC disputes to solve

AGF inaugurates committee to review UN anti corruption convention

Ahmad Khan to be arraigned on New Jersey charges


Judges not above the law-AGF

Algeria fires coach after disappointing World Cup result

Trump stands disqualified, says Obama

Is Nigeria losing its investment appeal?

Kenya pilots set for strike

Troops kill suspected kidnappers

Ray of hope for businesses as new procurement act aims to save N2.5trn for govt

Senate to pass Bills that will end recession

Tuesday, October 11, 2016

6 states to benefit from government Irrigation project

Four students, VP, teacher kidnapped in Lagos, released

FG plans technical assistance to states to develop mining sector

Social Investment programmes start October

Nigeria worst health indices linked to govt’ failure to implement the Health Act

FG to collect rents from government, private agencies at seaports

Rice mechanisation gap signals investment potential

FG to kick-start digital switch over in Abuja by November

I see pension enrolment climbing to 15m in 5 years – Wilson Ideva

US investors and incubators explore Nigeria’s tech potential

Judges arrest, well justified says AGF

Cote d’Ivoire, Ghana scheme to become sub-region’s oil hub

FIRS waives interest, penalty on 2013-2015 tax debts

LGA autonomy: Reps bar imposed sole administrators from accessing funds from capital markets

Nigeria’s palm oil output to rise on FX restriction

LADOL’s $3.8bn Egina FPSO project gains attention of Norwegian oil, gas coys

Agro processors urge FG to ban food imports to save economy

Experts bemoan ICT infrastructure deficit in Nigeria

US commits additional $92m to fight poverty in Nigeria

Ogun declares death sentence, 25-year imprisonment on land grabbers

Naira gains further as CBN mops up N138bn in TB sales

Reps call for National action plan on cancer

FG to privatize BOI, BOA

IEA Sees Oil Market Rebalancing Faster If OPEC Respects Deal

Oil sector keeps NSE in the green as ASI gains 0.39%

U.S. top court grapples with Apple-Samsung iPhone patent feud

Oil Retreats From 15-Month High Amid Questions on Russian Stance

Buhari names Bage, Jauro for Supreme Court

Fujitsu to cut up to 1,800 jobs in UK

Zambia coach apologises to fans for losing to Nigeria

Gunmen kidnap Romanian engineer in Delta State

Gold prices edge down as US rate hike views boost dollar

Chevron commits $25mn to education in twelve years

FG targets N1trn private sector investment to fund low cost housing

UBA releases 9 month financial statement, grows profit to N52.69 mn

Judges’ arrest: Senate condemns DSS

Africa to be priority for German G20 presidency, Merkel says

FTSE 100 hits record high on falling pound

‘Increased level of water supply not responsible for stability in power supply’

NERC sanctions Port Harcourt DisCo

Edo Guber: Tribunal grants PDP, Ize-Iyamu order to inspect materials

Merkel calls on AU to help solve Libya conflict

Oil steadies at $53.10 as market sentiments brighten

Three killed in Burundi as toll from political violence rises

SheHive Conference draws attention to Work-Life balance

France should be tried for genocide not Rwanda – Kagame fires at hint of retrial

Ethiopian troops pull out of key Somali military base

Bob Diamond’s Misadventures in Africa

IEA sees oil market rebalancing faster if OPEC implements deal

12,343 child marriages everyday – Report

‘Now the real work starts’ for OPEC as skepticism grows over deal

Benteke nets FIFA’s fastest goal in 7 secs

NSE to host Market Data Workshop

Greece gets fresh loan payout as Euro area looks to help on debt

Brexit chief says the Pound’s fall is good for U.K. exporters

Monday, October 10, 2016

GE confirms interest in $2bn Nigerian rail

Russians and Saudis pledge joint effort to limit oil production

Economy: FG says Dangote Group is a ‘game changer’

Libya deports 152 more Nigerians

Amosun swears in chairmen of 57 LCDAs, says Buhari won’t tolerate corruption, indiscipline

Nigeria budget gap widens in H1 on slumping oil output

‘We must diversify our economy to boost local production’

Commercial Farms endorse Indorama’s fertilizer

Ericsson’s innovations to bridge broadband penetration in emerging markets

Apapa roads collapse as FG, Lagos look away

‘Putting what you can afford to invest in real estate is now the safest option’

Automated finances? get back in touch with your money

Oxfam points finger to weak government policies for water crisis

Marrakesh Declaration: 27 African countries commit to AAA initiative

Adeosun lists takeaways from IMF/World Bank meetings

Nigeria joins forces with Germany to curb oil theft

More people with psychological problems than HIV/AIDS – experts

Tiger Woods pulls out of Safeway Open

Anambra approves N35m loan to youth entrepreneurs in Onitsha

Lift Above Poverty Organization (LAPO) Microfinance Bank

NEXIM, CBN, AfDB support manufacturers, solid minerals exporters with N23bn

Calls to change ministers are not necessary now – says Kumuyi

ESN’s sixth national conference to consider ergonomics innovation in a growing economy

Auto Policy: FG’s automotive technicians’ programme to address modern maintenance challenges

Quackery: NUJ to audit all journalists

Nigeria seizes $800,000 in ‘anti-corruption raids’ on judges

Nigeria steps up Naira-Yuan swap deal

Buhari calls for return to ‘Made in Nigeria’ goods at NESG Summit

Hart, Holmstrom win 2016 Nobel Prize in Economics

NIPOST now delivers agric, electronic products

Hurricane Matthew death toll rises to 1,000 in Haiti

Refuse dump

Amaya Capital expands its Azura power generation platform with new investment from Actis

Attention shifts to ‘Made in Nigeria’ as NESG summit begins today

Foreign affairs ministry denies bribery encounter with senate

PDP, UPN call for cancellations of Ogun LG election as APC sweeps polls

Gold up on China post-holiday buying; weaker dollar supports

Oil prices fall over doubts that non-OPEC producers will cut output

Sunday, October 09, 2016

Nigeria’s FX market confidence still at bay

Clinton and Trump spar in second debate

Rice importation through land borders remains banned – Customs

Recession: Borno cautions traders against price hike

Presidency says Corruption, not judiciary is under attack

FAAN, Caterpillar partner to end airport power outages

Air safety: Nigeria needs 600 air traffic controllers – official

Sukuk: CBN approves guidelines for granting liquid asset status

Influx of IDPs compounds waste management challenges in Gombe

Nigerian banks FX liquidity adequate for 18 months – Moody’s

United Capital potential 20% dividend yield looks juicy

FG mulls formalisation of 37m MSMEs for optimal performance

Heritage Bank’s CEO bags outstanding achiever in banking industry award

Be watchful, fraudsters are looking for slightest opportunity to hack your bank account

Pension Assets: Opportunity to bridge Nigeria’s infrastructure gap and earn decent yield

Germany’s Merkel, on first leg of Africa trip, pledges support for Mali

Nigeria reaches final steps to draw $1.3bn from partners for Development Bank

Falana calls for release, prosecution of detained judges

Kaduna orders Shiite spokesman’s arrest

OPEC’s miracle might just be a mirage

May seeks to charm EU leaders amid opposition to hard Brexit

Super Eagles finally get their $8,000 outstanding money

WHO provides emergency support to IDPs

APC sweeps Ogun polls

Nigeria has highly fragmented FX market, says Onadele, CEO FMDQ

Tanzania secures $259mn funding for power grid link with Kenya

Eagles begin W/Cup qualifier on winning start in Zambia

Arrest of judges, signs of creeping dictatorship – PDP lawmakers warn

State of emergency declared in Ethiopia

More top Republicans dump Trump as second debate holds today

Fire razes UNIJOS library

SERAP seeks unconditional release of arrested judges

FG still dialoguing with Niger Delta — Kachikwu

OPEC cautiously optimistic about rebound in oil prices

IPOB :Kanu initiates contempt proceedings against AGF, DSS

Like Jonathan, Buhari dumps Uwais’ billion-naira report

Bayelsa wins NAFEST 2016

Wife of Ekiti APC chieftain kidnapped

‘Many of today’s preachers have become covetous, no longer wait on God’

Life Continental Beer rewards 30 businesses with N7.5m in Abia

Valuing and improving teachers’ status

‘Fashion industry can play a key role in getting Nigeria’s economy back on track’

States bleed on governors’ profligacy

Firm strengthens capacity in digital communication, PR

‘Teaching in Nigeria without being registered by TRCN is criminal’

Clinton won’t respond to Trump controversy until Sunday’s debate

Gov. Wike alleges manhandling by DSS, Police

Saturday, October 08, 2016

A mistimed biography and other presidential gaffes

Creative industry is recession-proof – Lai Mohammed

Where are the mortgage products?

Reps pledge support towards recovery of $458m looted funds in USA

Trade Fair: Okowa lists gains for investors in Delta State

Edo: How the battle was fought, won and lost

Supreme Court judgment: Fear grips Ayade’s loyalists …God shall not send us out in shame – Governor

Anxiety mounts as kidnappers lay siege to Lagos schools

TAFMUN: Grooming Nigeria’s future diplomats & confident leaders

Gunmen abduct Ekiti APC chieftain’s wife

How Indorama fertilizer enhances national economy, security

‘There’s no cholera in my Abacha’

Healthcare development: Making effective investments

Stockfish firm asks Buhari to ease import constraints for job creation

Buhari building solid structure for Nigeria – Kachikwu

Trump refuses to exit race amid GOP calls

DSS says $800,000 seized in raids on judges

NJC spit fire over abduction and invasion of judges’

Shiites to challenge Kaduna ban

Nigeria’s Flamingoes out of World Cup

Again Buhari warns Niger Delta militants

PDP, Labour Party flay Ogun Polls

Again, Buhari warns Niger Delta militants

Obscene video leak: Trump apologises

Kingsley Holgate back from adventurous expedition

‘Government support for entrepreneurs will address unemployment’  

Nigeria’s Nov crude oil exports set to hit 10-month high

Kaduna declares Shi’ite Muslim sect unlawful

PFAs shift to bonds as currency woes deter equity investors

Trump campaign reels as some donors explore replacing him

Ibori to regain freedom in December

Presidency denies freezing Jonathan’s bank account

CBN tasks banks to comply with UNSCR 2270 provisions

Naira firms as 1,500 BDCs receive dollar from Travelex


SMEs hold key to Nigeria’s economic recovery – Forum

Infrastructure key to an investment driven economy-Adeosun

Norway contributes $4.8mn to IMF natural resources management fund 

Nigeria anticipates gains from Renminbi inclusion in global currency basket

Use pre-registered Sim card, go to jail  – NCC warns telecom consumers

Friday, October 07, 2016

Fiscal policies to drive investment, business environment ahead of PIB presentation

Oyo pledges commitment towards solving salary backlog

African airlines strong on FX shift despite Nigeria’s economic downturn

Eagles will deliver in Ndola—Rohr

MTN 4G LTE debuts in Nigeria

Patience Jonathan: Guilty plea by firms upheld

Adeosun says multinationals must pay fair tax

Make CNG kits duty free, stakeholders tell FG

The City of Poets, Jérémie in Haiti devastated by Hurricane Matthew

Saraki, Ekweremadu claim innocence

I’m matured now to lead Eagles—Mikel

Dangote refinery, others elevate rural community to property investment hot spot

Edo Decides: Ize- Iyamu leads protest against outcome of Edo governorship results

Portugal’s Guterres appointed as next U.N. Secretary-General

Kenyan gun for AU’s prime office

IDPs to contribute to food production

More travelers get dollar for N356

Down to 6 quarters, time is running out on Buhari to deliver

Down to 6 quarters, time running out on Buhari to deliver

Woods set to return at Safeway Open

Merkel on economic mission to Africa to curb migrant flow

Jigawa to invest N100 million in provision of hand pumps in rural areas

At least 22 Niger soldiers killed in attack on refugee camp

CBN sets limit on banks’ investment in govt Islamic bonds

S/Africa’s probe of fin. minister must not scare investors-Deputy president

Burundi threatens to quit ICC

Free-Float flounders as Nigerian naira hits black-market low

Russia threatens U.S. over Syria

Nobel Peace Prize awarded to Colombian President Santos

Infinity Trust Mortgage Bank reports 9-month turnover of N581.8mn

Military foils female suicide attacks

Airlines hail historic ICAO carbon agreement

Tony Blair express enthusiasm at return to politics

Senate begins probe of mismanagement of N328bn Niger Delta Amnesty Fund

Properties destroyed in Rivers attack

Ambode disagrees with Senate on special status for Lagos

Exxon hit with fine from Chad five times country’s GDP

Nigeria’s dance crew wins $7,000

Jibrin exposes Reps ‘running cost’ scam

20% of Muslims access financial services

Naira pressure to ease as 3,000 BDCs get dollar from Travelex today

Gold slips, heads for worst weekly drop since November 2015

Thursday, October 06, 2016

Reps probe indiscriminate ATM charges

Emirates hits Nigerian drug cartels with credit card policy

Samsung Galaxy Note 7 replacement in Nigeria may take a while

Lagarde sympathises with victims of Hurricane Matthew

Naira’s ‘true value’ in dilemma as margins widen

Smart youths evading Nigerian unemployment crisis

Be in the right bedroom for you!

Yetunde Adeshile: The social crusader on a mission to inspire optimism in the youths, society

CIPM challenges organizations to think outside the box during recession

PZ Cussons avoids murky waters as price gains bolster profit

Sirika calls on ICAO to create measures to curb incessant security threat

On the outside looking in

NUT gives two-week ultimatum to protest deteriorating teachers’ welfare

Security Council backs Portugal’s Guterres as UN chief

Bankole calls for stronger trade relations between Nigeria, Britain

Incorporate online media platforms into Guild, Lai Mohammed tells NGE

Again, NDIC warns public against activities of illegal fund managers

Buhari sacks 22 top federal personnel over budget padding

NERC fines Benin, Port Harcourt Discos N6.2mn over customer complaints  

IMF dangles zero interest lending before Nigeria, other low income countries

INEC presents certificate of return to Obaseki

NSE reverses bearish trend sequel to visit by UK high commissioner

Principal, teacher, students feared kidnapped in Epe, Lagos

United Capital releases Q3 results, group posts gross earnings of N4.088 bn

Pound in freefall as major investment banks predict plunge

Libya rejects EU-proposed migrant camp on its soil

U.S. jobless claims fall, point to labor market strength

Samsung buys the AI assistant made by the creators of Apple’s Siri

Reps to investigate CBN’s foreign exchange policy

Kidnapped ex-minister, husband released

$504,000 gold watches for 72 retiring staff of Bank of Ghana causes a stir

MTN Business launches Easy Accounting for SMEs

BREXIT: Merkel casts doubt on special UK access to EU market

OPEC could cut output more than Algiers deal if needed-Algeria minister

National Assembly invites Buhari to brief it on state of the economy

Yields on Nigerian treasury bills fall at auction

Iwobi scores as Eagles thrash Plateau United

Easyjet warns of £90m currency hit

Samsung shares jump on shake-up proposal

World Cup: FIFA president Gianni Infantino proposes 48-team tournament

US relaxes sanctions against some Zimbabwean individuals, firms

Libyan forces clear IS hideouts in Sirte

Twitter to conclude sale deliberations this month

Why are South African students protesting?

South Africa’s Zuma appoints new anti-graft chief as probe looms

Image is Everything

PDP Caucus approves Makarfi’s peace moves with Sheriff

Oil prices ease from June highs on weaker physical market

Gold slips on dollar strength ahead of US jobs data

FirstRand set to swoop on cheap assets in Nigeria

Dollar treads water as markets brace for Friday’s jobs report

Wednesday, October 05, 2016

Portugal’s Antonio Guterres set to be UN secretary general

Prison Decongestion: FG approves N3.5bn for 320 Operational Vehicles

NECA says SEC frustrating quoted firms’ quest for new investments

IMF cautions on rising debt, says Nigeria’s macroeconomic instability detrimental to region

Adeosun accuses West of hypocrisy on coal-fired energy for Africa

Lean trade trails local bourse as fund managers rebalance assets

$10bn investment knocking on Nigeria’s oil & gas industry

Nigeria sees 2016 GDP expanding while IMF forecasts 1.7% slump

My dear Mr. President

Growing interest in assets management outsourcing and FM industry

Grooming startups to survive in Nigerian ecosystem

Old glory: Regaining our palm oil fortune

‘Now is the time to plan for retirement’ – Stanbic IBTC Pension Managers

Dana Air partners NESG on Economic summit

Market myths and social facts

Seven Energy, Nigerian Gas Association to strengthen ties on shared objectives

Escaping the new normal of weak growth

FG parleys organised private sector on Change Begins With Me Campaign

Reps chide Government officials over underhand deals on recruitment into MDAs

GTBank MD named CEO of the Year at 2016 Africa Investor Awards

Blackberry not giving up on smartphones

FG to consolidate charges against Dasuki, others over $2.1bn arms deal

FIRS to boost tax revenue through waiver

Market remains bearish, NSE-ASI drops 0.95%

World Teachers Day: Edo Teachers Laments Poor Working Condition

Udom harps on need for speedy dispensation of justice

Nigeria to get $4bn facility as Chinese delegation arrives for investment discussions

Brent tops $52 as US crude inventories fall by 3 million barrels for 5th straight drop

Edo Decides: Ize-Iyamu to lead mass protests on Friday

Cyber crime: Nigeria hosts first CyberXchange conference

DRC: UN given deadline to remove South Sudan fighters

FG seeks partnership with private sector to promote creative arts

Senate rejects bill for special grant to Lagos

Africa: A clarion call for sustainable quality pension service, administration

Ivory Coast to invest nearly $1bn in oil product storage, transport

South Africa’s business confidence lowest in 30 years: survey

Tesco shares jump as sales continue to recover

Brexit ‘could cost financial sector £38bn’

We don’t have funds to prosecute Zambia game, says NFF

CCT boss retains Saraki’s trial because of “constitutional constraint”

Made in Nigeria Festival Summit highlights local productivity

Farmers get N247m for commercial agriculture in Cross River

Google takes on Apple, Amazon with new hardware push

E-commerce taking a new shape in Nigeria with BuyChat

Total lends sponsors to CAF

E-commerce industry needs government bailout

FirstRand considers acquisitions in Nigeria as valuations ease

Military supports negotiation with militants

Interruptions and clashes at VP debate

Dollar hovers near 2-month high, pound extends loss

Oil prices rise on report of US crude stock draw

Tuesday, October 04, 2016

Senate to fast-track passage of oil bill

Reps to investigate detention of 50 Nigerian Students in Turkey

Reps call for removal of speed bumps on federal highways

Diageo jettisons potential offer to increase stake in Guinness Nigeria

FG proceeding with plans to upgrade, concession Abuja, Lagos Stadia

Why the smart world will not stop talking about IoT

‘Optimal agric production should be handled as a matter of national security’

Cybercrime: Police to equip Interpol unit for better service delivery

CRS, NCR to facilitate $20bn MSME financing in 3 years –  IFC

Intentional budding entrepreneur growth

How to establish a palm oil plantation

Nigerian food firms to sign MoU in SIAL 2016 trade show

IMF urges massive investments as it sees Nigeria’s 2016 growth subdued at -1.7%

Nigeria secures ICAO council seat

FG provides N25bn evolving loan for purchase of mass transit vehicle

FirstRand considering acquisitions in Nigeria as valuations ease

FAAN charges staff on total commitment to airport services

Edo decides: INEC, APC, Oshiomhole doctoring electoral materials – Ize Iyamu campaign organization alleges

Presidential fleet for sale

Sharapova drug ban reduced to 15 months on appeal

Super Eagles train ahead of World Cup qualifier in Zambia

10 influential Nigerian business women inspiring the next generation

EU denies calling for further devaluation of naira

You don’t get rid of a national chairman on the pages of newspaper – Oyegun replies Tinubu

15 years after birth of MDGs nothing has changed in the Nigerian Health system – Anyene

Buhari proposes N6.9trn for 2017 fiscal year

Senate probes N1.3bn spending on North-East crisis,to donate N33m to IDPs

African nations push to ratify UN shipping law to end trade imbalance

Benue seeks NERC approval for $18mn power plant 

Sierra Leone to cut govt spending by 30 percent

IMF says global economic recovery ‘weak and precarious’

FG plans to raise N105bn with local bond issue

Buhari forwards 2017-2019 MTEF/FSP to Senate

Nigeria’s growth prospect to remain subdued at -1.7% in 2016, IMF says

Invest in South-East, Obi of Onitsha tells Igbos in diaspora

Ebola: Where is it hiding?

CCT orders forfeiture of Orubebe’s property

Again, ECOWAS Court slams N15mn fine on FG over Dasuki’s incaseration

Police fire grenades to break up S.African student fees protest

South Africa says gas to power projects to cost $3.7 bln

African economic growth dips to two-decade low- World Bank

Total and CAF’s 8-year sponsorship deal officially signed

Trump foundation ordered to stop fundraising

August PMI figures confirm weaker manufacturing sector

Ericsson slashes 3,000 jobs, 900 consultants in Sweden

Nigerian militants threatens to strike oil again


‘State of a country’s real estate is reflection of what its people accept as quality’

Dollar up on upbeat manufacturing survey, “hard Brexit” fears hit pound

Iran, OPEC’s big winner, will sign landmark oil contract

Aviation sector earned $1.13bn in 2014/2015 – passenger traffic report shows

Hilton set to expand its Lagos Airport hotel

Mikel, Iheanacho, Iwobi, others join Super Eagles camp

Oil firms ready for export jump but Nigeria not engaging militants

Monday, October 03, 2016

NCAA hinges airlines’ N40bn debt on non-remittance of compulsory TSA

Nigeria must first reform before loan – World Bank

Enugu approves IMT upgrade to degree-awarding institution

Africa rising narrative not over despite commodity slump – experts

Fighting corruption in the judiciary

Trust: A missing link in governance

MAN canvasses attractive incentives for resource-based companies

Enabling SME sector for economic growth

‘Nigeria @56: We lost our values and we need it back very fast’

Ogun communities celebrate Shell Nigeria Gas for schools’ upgrade

Investment in super grid as option to boost power sector growth

Skye Bank CEO Rallies Support for Made In Nigeria Products

Recession: EU advises Nigeria to devalue naira

General Electric to invest $150 mln in Nigeria

Greenwich Plus Money Market Fund records 144.8% IPO subscription

Naira strengthens as BDCs resume dollar sales

Clean Up: MOSOP to generate database of graduates, contractors, artisans in Ogoniland

Boko Haram is setback to Western education in Borno

AMCON celebrates cultural diversity day, prays for Nigeria at 56

Tinubu, Oyegun unite at Buhari’s book launch

Tesla sees jump in car deliveries

UK manufacturing growth ‘best for two years’

Africa struggles to improve governance in past decade- survey

Recession: National Assembly to present 8 bills for Buhari’s assent

Pound falls as Theresa May indicates Brexit date

GE to invest $150mn in Nigeria

CBN prioritises price stability, luring investors for growth

EDO DECIDES 2016: PDP supporters continue protest over INEC results

Bayelsa’s schools shut over nonpayment of salaries

PDP ceasefire hits brick wall

Japan desperate for foreign farmers

FG setting up Enabling Environment Council to drive industrialisation – Enelamah

Abia Police command apprehends hijack syndicate, transformer vandals

Japan’s Ohsumi wins Nobel prize in medicine for work on autophagy

Increase in demand for local rice excites Delta commercial farmer

FG asks US to lift ban on cocoa, crude oil

Dutch bank ING to cut 5,800 jobs as it adopts new technology

Facebook introduces Messenger ‘Lite’ for basic android devices

Oil breaks above $50 a barrel as investors warm to OPEC deal

Gabon unveils new cabinet, snubs Ping

There is a lot of pressure put on the naira – Akinwunmi Adesina

Theresa May leaves Brexit questions unresolved after setting trigger

OPEC struggles to cap export amidst record output

Colombians reject peace accord in stunning defeat for government

Deja vu in Congo as President Kabila clings to power

Congo govt. sees 2017 GDP growth rising to 3.4 pct

‘Nigeria must move forward in export business’

Sunday, October 02, 2016

Tuesday public holiday in Sokoto

2800 in FRSC net over speed limiter

Nigeria will continue to move forward – Osinbajo

New amnesty scheme to start early October – Boro

FG orders N726bn East West Road contractors back to site or risk jail

FG moves to improve mining activities, targets $25bn from solid minerals

Obasanjo to chair 2016 LAPO annual development forum

NNPC restates commitment to develop local content

Nigeria still wobbles, stumbling at 56

Bad policies cause recessions, only good policies can fix them                                                           

FX market confidence losing traction on fading liquidity, credible price formation

SMEs hide their identities for fear of taxes – CAC

NMRC profits rose 201% in 2015:  Here’s the catch!

Liberalised rate to MSMEs could pull Nigeria out of recession- NACCIMA

Saving from scratch

Total Nigeria is up 97% Ytd!!

Economic Recession and the Insurance Industry

Jubilation in Lagos as MFM FC escapes relegation

NPFL: Enugu Rangers end 32-year league title drought

Breaking News: Enugu Rangers end league title drought

FG launches CBN Rice Borrowers’ Programme in Imo State

TU expresses confidence in Buhari’s ability to save Nigeria

Budget minister seeks support for Made-In-Nigeria goods

Nigeria`s quest for democratic policing

Nuisance in Federal ‘Cattle’ Territory (FCT)

Buhari deserves credit for fighting corruption – Aremu

Which way Nigeria?

Abba Makama achieves the feat of representing a One Nigeria in film

Britain to scrap EU entry law

‘Yesterday better than today and today better than tomorrow’

NULGE applauds Ebonyi Gov. for pay rise

Trump had $916mn loss in ’95, cutting taxes, NYT says

U.K. will trigger Brexit talks before end of March

Lamentation on morning of freedom

At 56, Nigerian ruling elite still united in corruption – Adeniran

Nigeria @ 56: Hidden gains to the oil region

U.K. unveils $285mn funding to boost technology industry

At 56, Nigeria still makes unimpressive attempt at global tourists’ dollar

Recession: Agriculture, Mining way forward

Sirika wants support for ICAO

Niger State subsidises prices of grains

Saturday, October 01, 2016

Enugu Rangers, Rivers Utd battle for NPFL N40m prize money

Nigeria must restructure to make progress -Ukaegbu

Anambra at 25: Obi of Onitsha to deliver anniversary lecture Monday

Can MFM FC swim out of relegation zone?

Edo votes, Rivers quakes

We’re where we ought to be – Enang

Edo election … unlike Jonathan

Theresa May unveils Brexit-Day plan for ‘Great Repeal’ of EU law

Experts seek resolution of herdsmen-farmers feud in South-east to drive diversification

Pharmacy Council trying to push us out of business, patent medicine dealers cry out

Wishing Nigeria more bumpy roads at 56

Recession: Dogora urges Nigerians to persevere

Samsung’s Galaxy Note 7 back on sale after recall

Recession: APC chieftain urges Nigerians to pay tax

56 years of lost ethos

Enugu govt. to seize property used by kidnappers

Burundi bars United Nations

Recession: Let’s export not borrow

Nigeria@56: Prospects and challenges

Kano govt extends public holiday

Fitch affirms Ghana at ‘B’; Outlook Negative

The world’s most expensive city in 2016 is …

CBN introduces appointment of ECO in banks

Could 3D printed hair follicles help with hair loss?

Chad, Niger forces kill 123 Boko Haram in crackdown – Niger

FG spends $2.4 billion to drag country out of recession-Buhari

India relocates 10,000 from around Kashmir as tensions rise

Zambia coach plots Super Eagles fall

Yet to turn the corner at 56

Full text of President Buhari’s Independence Day Speech

Banks NPL rises to N1.6trn in HY 2016 -CBN

Tips to avoiding business failure in Africa

Younger than Nigeria but beating the recession

Friday, September 30, 2016

Minister calls on ICAO to create measures to curb incessant security threat

Wike flags off construction of Kpopie-Bodo Road

LCCI to attract 200 foreign exhibitors, 500,000 visitors at November fair

Economic recovery policy will bring hope for Nigeria-ICAN

Dealers face N50m fine for violation of forex rules