Businessday Nigeria Archive for May 2017

Tuesday, May 30, 2017

Investment, proper project planning vital to re-energize Nigerian energy sector

Making the exploration of Nigeria’s gas potential work

Why Nigerian universities rank low in international ratings

FSDH Merchant Bank Subsidiaries maintain profitability

Nigeria rides on agricultural produce, solid minerals to drive non-oil export

Nigeria closer to rice sufficiency as production doubles -DFID

Osinbajo signs two new laws to ease access to credit for MSMEs

Russia to help Nigeria defeat Boko Haram

Arsene Wenger agrees to stay at Arsenal

Trading defies month end pressure on NSE, index up by 0.73%

Electronic fraud in Nigeria peaks at N2.9bn, raises calls for review of cybercrime law

Osinbajo launches Industrial Policy Advisory Council to address Industrialisation bottlenecks

Reps to investigate state of 33 silos worth N280bn

Brexit talks very likely to fail, senior EU official says

ECA to hold dialogue on SDGs mainstreaming in national development plans

Lagos Assembly committee to probe cancellation of 4th Mainland Bridge contract

Why Ambode can sack chaplain, says CAN 

WHO calls on governments to implement strong tobacco control measures

Update2: Reps say FG, States under obligation to review National Minimum Wage

LCCI to deepen insurance penetration among informal sector operators

How Union Bank is rewarding the Arts

Nigeria’s central bank to sell $100 mln at forward, spot forex auction

Aba: Commercial activities paralysed, as residents observed IPOB/MASSOB sit at home order

Nigerian bank stocks rally on economic recovery hopes

Nigeria loses 1.3% of annual GDP to poor sanitation — Group

Economist advises FG to invest more in agriculture

Senate halts concession of P/Harcourt refinery to review Agip, Oando’s selection process

Senate halts concessioning of Port Harcourt refinery to Agip and Oando

Update1: Reps approve mandatory 5 years for review of national minimum wage

Reps approve new date for review of national minimum wage

NDIC Academy to lead Africa in banking sector capacity building

Aisha Buhari heads to Uk

Cost efficiencies critical amid flight to affordable beers in Nigeria

We won’t extradite Kashamu until court cases are resolved- AGF, NDLEA

Aisha Buhari departs for London

FG re-arraign former FCT Minister’s son on amended charge

Expert urges ministry to enforce purchase of locally made solutions

Airports concession may not be feasible until 2019 — NUATE

Tight Race Seen in Kenya’s Elections With Opposition Turnout Key

24 months of Buhari

Change Began With Me

Monday, May 29, 2017

President Buhari has fulfilled campaign promises — Lai Mohammed

Why I am yet to visit my hometown– Alex Badeh

Rate of growth in bank lending to FG at 16-year high 

Siemens advance cost reduction solutions for oil/ gas industry in Nigeria

Using STI to liberate Nigerians from poverty

President Buhari’s midterm report: Not so inspiring

Experts to discuss innovation for economic transformation at Nigeria innovation summit 2017

Nigeria, West Africa’s electricity demand/supply gap stalls growth potential – report

Growth prospects for REITs market as changes in reporting, valuation weigh

Naira expected to remain stable on the back of CBN interventions

FEC to approve social protection policy soon- Minister

The good, bad sides of OPEC production cut

NBA tackle FG over continued detention of Dasuki, El Zakyzaky

Accion Microfinance Bank grows N6.12 loan portfolio in 2016

Credit to private sector shrinks for second successive month

Terrorism the bane of Africa’s tourism growth – Report

Rice smuggling: FG threatens to shut land borders

Social Intervention Programmes well deserved by Nigerians, says Osinbajo

Economist warns against laxity in implementation of economic policies

Financial experts seek tax incentives to boost listing on NSE

New book to help teachers attain peak performance


Democracy Day: Full Text Speech of Acting President Yemi Osinbajo

FG to focus on Agriculture, Energy, Industrialisation for next 2 years- Osinbajo

Dogara scores Buhari administration high on infrastructural development, anti-graft crusade

Sunday, May 28, 2017

Naira weakens at investors window as markets close for holiday

Five fascinating business facts – Part 19

Democracy Day: Saraki calls for citizens’ support to build strong economy

Two years of Buharinomics: Glass half full or half empty?

IEI to recapitalize balance sheet with N9 billion

On excess crude account, our governors should play smarter now

Website Under Construction

GTB crosses N1 trn cap as Big Bank rally explodes

Jaiz Bank expects 316M profit in Q2, 2017  

FG confirms investors’ interest in tomato processing

AMCON’s total recoveries hit N134 bn in 2016

Nigeria hosts discourse on shaping the future of African Brand

Half time score

Nigeria’s faltering conglomerates may need urgent restructuring

AU set 2020 target to end continental crisis

Avalanche of imported arms in peace time

Abuja Chamber expresses optimism on consolidating economic gains based on MPC decisions

Procurement scam: Fashola, Adeosun to appear before Reps on Tuesday

Ekweremadu commends FG for 27km road project

FSDH Merchant Bank to exploit business opportunities as economy sustains recovery

NLC urges FG to announce negotiation committee on minimum wage

Airtel commended for role in uplifting underprivileged children

Ekweremadu not for Biafra, backs restructuring

We do not owe pensioners – Edo Govt.

Maize production: Expert recommends PPP

Nigeria’s greatness lies in its human capital, not oil– Ezekwesili

Best of Basketball hits Lagos this Sunday

‘Gov Ikpeazu is determined to ensure restoration of Abia Polytechnic’s glory’

Ex-presidential candidates bomb Buhari, APC

G7 Summit focuses attention on Africa

APC: A ruling party in search of cohesion

Saturday, May 27, 2017

Institute of Directors tasks members on nation building

There’s more of politics today than governance in Nigeria – Helen Esuene

I’ll miss Nigerian pounded yam and egusi soup – Ugandan AUN graduate

Between the ‘choppers’ and ‘lookers’ in Buhari administration

Bumpy road ahead of new WHO chief


Friday, May 19, 2017

South Africa deports 90 Nigerians

NSE indices record 0.04% marginal growth in cautious trading

Power Discos lose grip over consumers in new reform

JAMB denies rumour of extension of date of registration

AMCON takes over Wokson International Limited

Nigeria’s Central Bank will keep policy tight, Dep. Gov. says

Nigerian Govt. to enhance aviation security – Minister

UNICEF interventions helped reduce malnutrition fatalities – Nutritionist

Uniforms, ID cards now compulsory for airport officials – FG

2017 Hajj: Kano Pilgrims Board remits N4bn to NAHCON

Wenger to decide future after FA Cup final

Join the Union Bank Centenary Innovation Challenge

Updated: Presidency finally receives official copy of 2017 budget

HMCAN explains position on the repealing of the NHIS Act

Fashola declares customer eligibility categories in the power sector

Presidency finally receives official copy of 2017 Budget

Rivers Port, NIMASA synergise to avoid ship delay

WHO says suspected Ebola cases in Congo rise to 29

Kano State Govt. to partner private investors to boost tomato production

The fallacies of passion

Food scientist wants FG to develop policies on food processing

1st batch of 4,000 peacekeepers arrive war-torn South Sudan: UN scribe

CBL: Izobe coach laments defeat to Eko Kings

The Price of keeping Asian Cuisine authentic in Lagos

Thursday, May 18, 2017

What Europa League success means to Man Utd

Cement makers bounce back to growth in Q1 amid headwinds

Shortage of air traffic controllers, poor communication equipment threatening air safety

Oil industry on alert as workers threaten production shutdown

Retail market still struggling as low trading numbers, slower space uptake persist in Q1’17

PPP will catalyse securitisation, deepen capital market – Eghobamien

Air Peace promises to operate flights to Warri, Asaba

Hypertension prevalence in Nigeria is about 30–45% -Experts

Geogrid woos manufacturers for its 30mw hybrid power plant

Akwa Ibom Govt plants 2m coconut seedlings

After 2017 Budget: What next?

Between the private and the general: A directional view of leadership

15 rescued as 3-storey building collapses in Lagos

Reps summon CBN governor, Magu, IGP over N12bn virtual currency scheme

New executive order compels government agencies to buy ‘Made in Nigeria’

Corruption: Military faults Transparency International’s report

Free‎ trade policy by AU will boost Nigeria’s economy – FG 

AGPMPN blames depression on recession 

Fire outbreak claims mother, 3 children as father escaped death in Lagos   

JAMB dumps finger printing accreditation to curb exam malpractices   

Aisha Buhari lays foundation of 50-bed Maternity Centre in Daura

Commissioner calls for criminalisation of domestic violence

Association tasks FG on functionally of Ajaokuta Steel Company

Emir of Kano Warns on pipeline vandalism

Africa’s infrastructure devt. requires annual investment of N93b – Ezekwesili

Industries save $30m on natural gas as alternative source for Power generation

McGregor signs deal for Mayweather fight

Senate bars Buhari’s appointee from assuming office

Afreximbank commits $500m to agric, tourism in The Gambia

AU to help Gambia establish commission to probe past atrocities

Tomato scarcity: Traders attribute high price to disease, acidic rain

Mrs Buhari’s Initiative holds medical outreach for 2,000 Women, Children in Makurdi

Lagos residents happy over completion of new 1.2 km Abule Egba flyover

Primary education should be the focus of educational policies

UNICEF tasks nursing mothers on exclusive breast feeding

Presidency confirms freed Chibok girl not part of school girls

FG to expand on petroleum sector gains – Minister

UBA Plc: Leading the African banking renaissance

Geogrid woos manufacturers for its 30MW hybrid power plant

EU fines Facebook 110m euros over misleading WhatsApp data

Nigeria to launch Africa’s 1st nanosatellite

Facility managers make case for maintenance budgets in FG’s Capex funding

Wednesday, May 17, 2017

UTME In Progress

Impairment charge, finance costs and opex squeeze RT Briscoe  

“We have eased access to land for agriculture as well as for industrial and commercial purposes”

Oando, Sahara, Heyden, MRS queue for new oil swap deals

UBA African operations sustain growth momentum

Why air ambulance is essential in Nigeria

We offer consumers quality, affordable solutions- Adukia

FMDQ posts N8.79trn transactions in April

Time to wean Nigeria off oil

Trader in need of capital to restart business

Long-term investment inflows will stabilize naira exchange rate, not vice versa

Senegal raises $1.1 bn Eurobond at lower cost than Nigeria’s $1.5 bn

ERM: Tone at the Top

Presidency announces release of another Chibok schoolgirl

Eko Kings on course to win CBL Championship- coach

Senate invites NNPC, CBN, FIRS others over $5bn tax fraud

Adeleke didn’t die of poison, says pathologist

ICPC arraigns firm, businessman for forging tax certificate

ICPC arraigns lawmaker on forged certificates

GLOBE Nigeria calls for speedy passage of Climate Change bill

Products supply improves on NNPC’s revival of Kano depot

Reps approve 3% royalty on oil exploration

Dogara tasks Nigerian youths on CBN N400bn intervention fund

Protest as Plateau PDP lawmaker defects to APC

U.S. to extend Iran sanctions relief: Officials

Updated: Senate gives Presidency two weeks to submit budgets of 38 agencies 

Real estate struggles on sluggish trading numbers, space uptake in Q1

Naira firms to N378/$ at black market

Facility managers push for FG’s maintenance budgets

EFCC docks whistle blowers over false information

Rwanda regulator charges MTN $8.5mn over IT hub

Putin says can prove Trump did not pass Russia secrets

Senate gives Presidency two weeks to submit budgets of 38 agencies

Dasuki’s trial stalled again due to ill health 

Oyo Govt. to raise N50bn endowment fund to revamp hospitals

1.14m candidates sat for UTME in 4 days – JAMB

Expert says 7 out of 10 Nigerians are hypertensive

20 fashion designers to kit 70 models at 2017 Africa Fashion Week

Witness’s health stalls Badeh’s trial over alleged N3.97bn fraud

Kano State Govt. to buy wheat seed from Sudan, Saudi Arabia

Kano invests N1.8bn in houses built under PPP arrangement

Wealth of 5 richest Nigerians can end extreme poverty -OXFAM

Nigeria 146th to endorse Paris Climate Agreement – UN

Tuesday, May 16, 2017

Osinbajo announces new strategy to derisk Nigeria’s cash-crunched power sector

“Nigeria has all required to be successful”- Adeosun

Crop diseases threatens food Nigeria’s food security

Emirates profitable amid oil hit, Terror impact

A strategic approach against corruption

El-Rufai outlines Kaduna State privatisation plans 

SMEs: It’s time to stop flying blind

‘Nigeria must increase tractorisation, water management to attain rice sufficiency’

‘GE is investing in Nigeria for the long haul’

Modular refineries for Niger Delta

FTN Cocoa losses pile on weak Naira

Dredging of River Niger to cost N100m – FG

Risk-based supervision spurs insurers to seek fresh capital

Emefiele calls for local currency denominated funding for infrastructure 

‘South East not left out in rail line projects’- Adeosun

Diversification in agric sector requires actions, not talks — Sen. Adamu

NGO urges FG to invest in HIV vaccine development

DBT re-positions Nigeria youths for digital age

Nigeria and Morocco sign two sign two bilateral agreements in Rabat

Manchester United reports £3.8m loss

China promises to spend $6.7bn to develop Nigeria’s agriculture

Presidency to receive 2017 budget Wednesday

Ebola: FG calls for calm

LBS makes eleventh appearance in top business school ranking

Shell contributes $29 billion to Nigerian government in 2016

FG gives free cancer screening vouchers to 30 persons

N1bn Ecological fund: EFCC drags Aliyu to Abuja court

PDP caucus review leadership crisis, political development

I have no plan to leave PDP, says Ogbulafor

Edo councils spend N1.36 billion on traditional rulers, salaries

Analysts expect MPC to hold interest rate, relax cash reserve

FG’s capital expenditure flunks budget target

Ambode restates directive on VIOs to stay off Lagos roads

Nasarawa state govt partners World Bank on assisted erosion programme

World’s top oil producers rally to extend production cut

Arms Deal: Dasuki’s absence stalls trial

Duterte dares lawmaker to take impeachment case to ICC

IMF warns Zimbabwe against excessive spending

Anambra urges FG to give priority to farmers’ health, safety

EPL: Chelsea celebrate title at home with 7-goal thriller

Kenya issues alert on Ebola outbreak

Boko Haram: Security agencies return personnel to liberated communities in Borno

Thailand has no immediate plan to suspend Facebook, regulator says

FG says Nigerian ambassador-designates to resume soon

Nigeria’s April inflation drops 17.24%

Monday, May 15, 2017

Gods and Heroes

Firms 2016 Capital Expenditure down 25 % on recession

Consolidated Hallmark Insurance gets shareholders approval to raise N2.5 billion

New investment havens emerging as luxury market drops

Nigerian youths require pro-industry education

“Samsung drives narratives that inspire its customers to think outside of the box”

NNPC’s $4.5bn power plant project revives old worries

Senate sets June 8 date for PIGB passage

Income loss seen in UK property industry as tax burden weighs on landlords

Cisco empowers over 30 thousand girls through ICT mentorship

London Stock Exchange lists Nestoil, others in ‘companies to inspire Africa’ report

Time to end media trials

NASS to transmit Budget details to Presidency, Thursday

Tekno, Wizkid, Davido make BET 2017 award list

FG partners NGO on community health management information system

Okowa inaugurates LOC for 2018 African Athletics Championships

Saraki faults Buhari’s anti-corruption campaign

NNPC moves to resume oil drilling in Lake Chad

Recovered N13bn: Emefiele, Magu, others to appear Wednesday

Joshua likely to face Klitschko in Cardiff on October

I have forgiven. Truly, I have…But how do I forget?

Dogara: Only strong institutions can fight corruption

GE unveils Nigeria’s first 3D auto-Ultrasound breast centre

FG to establish website, reactivates YouTube account –Official

Delays in issuance of mining licences slows sector’s growth

FG confirms expressions of interest on tomato processing plants

Macron win spurs Nigerian youths to new political consciousness

Ikeja Electric cautions residents against activities under power lines during rainy season

CBN to lift forex ban on raw materials

LASG begins installation of 300 CCTV cameras to boost security

Alleged N40 bn fraud: Court adjourns Nyako’s trial until May 17

Enugu Assembly to raise boxers for Tokyo 2020 Olympics

Judiciary pressured to make own budget public

British experts hold vigil to counter cyber attack

Rack centre, first in West Africa to achieve uptime institute tier iii certification

Nigeria’s rising oil output threatens new OPEC cut exemptions

The different path the Etisalat Prize for Literature is taking

Oil price jumps above $52

First Bank repositions, set to push up stake in the economy

Vedic Lifecare Hospital push for improved capacity in specialised medicine

Nigeria spends less than 20% of total health expenditure on pharmaceuticals

Irresponsible leadership is a major drawback to Africa’s progress

Sunday, May 14, 2017

Five fascinating business facts – Part 17

‘Irresponsible leadership is a major drawback to Africa’s progress’  

New pension guidelines spur stock market rally

Finally, we have a budget. What next?

Seeking to become financially independent

Nigeria’s electricity market strains on poor corporate governance by DisCos

FG signals policy shift on exclusive disco franchise rights

Beware of politicians “begging” Buhari to seek re-election

Arab spring smells like a rose: For Banke and Olusola

Bank chiefs learning to tread softly in era of hefty regulator sanctions

Sell pressure: NSE market capitalisation sheds N80bn

Yellow journalism and the mini-skirt syndrome

Manufacturing woes persist as growth slumps in textile, steel, chemicals industries

F1: Hamilton beats Vettel in Spain to close title race

Minister, NCC boss wants investment focus in Nigeria’s ICT infrastructure

Always stand for truth, Osinbajo charges Nigerians

Army arrest suspected terrorist, 4 kidnappers

Speeding accounts for 60% of road crashes- FRSC

2017 Budget: FG targets N10.737trn revenue

When tears of joy dried in Aso Rock?

HELWEI, Cs-Sunn urge improved maternal child nutrition

Bank of Agric calls for revitalisation of moribund oil palm plantations in S/E

GTBank Masters Cup Season 6 rounds up quarterfinal stage

Maximizing the economic and nutritional potentials of Nigerian Fruits

‎Food security: ‘Dependence on food aid, foreign donors‎ will not help Nigeria’

WAPCo deepens primary healthcare in Lagos with N78m primary health clinic

Accountants’ integrity will curb misappropriation of funds among politicians- Amosun

NEPZA to make Calabar FTZ one of the six pilot industrial cities in Nigeria – MD

Much ado about the controversial clause in Buhari’s letter

BBNaija winner Efe says video for “Based on Logistics’’ out soon

Nigeria cannot make progress under present constitutional arrangement – Olurode ‎

Nigeria’s port concession, a role model to other countries – Operators

UTME: Hitch-free examination in most North-East states

Chime kinsmen disown him

Kogi doctors suspend strike for dialogue

Ebola in Congo: Nigeria on red alert

Diamond stone that N2.5b can’t buy

Saturday, May 13, 2017

2019: Ajimobi supports Oke-Ogun agitation for governor

South East governors move to solve power challenges in region

NDDC Commissioner, others commend FG over Calabar-Itu-Ikot Ekpene road reconstruction

Sick Leave

NLO, Pipul TV sign N100m sponsorship deal to grow grassroots football

Rolling out the drums for Lagos @ 50

The right to agricultural technology

Domestic violence: A bruise and a puff of powder

Friday, May 12, 2017

FG bans MDAs from transacting business with unregistered firms

FG signals policy shift on exclusive Disco franchise rights

WHO says person infected with Ebola in Congo has died

Naira gains 0.2% at investors window

Stock market ends week on bearish note

UNIDO promises to support FG overcome its economic challenges

Aba Agog as Supreme Court affirms Ikpeazu’s victory

Wema Bank appoints Babatunde Kasali chairman

First Bank engages SMEs on CBN forex window

Agric activities in Nigeria prison service grows 20.87% in 2016

Ikpeazu remains Abia governor, Supreme court says

Ambrose Alli University fully digitises academic, administrative operations – VC

Performance reviews: the relevance conundrum

National Health Act 2014 yet to be implemented, says former Health Minister

LCCI chief condemns late passage of 2017 budget

Breaking News: Osinbajo inaugurates board of NSIA

Abuja court grants former FCT minister, Bala Mohammed bail

Supreme court affirms governor Ikpeazu election

2017 budget will galvanise economic growth – Legislator

Fitch rates Zenith’s scheduled US$500mn notes ‘B+(EXP)’

Baileys Women’s Prize shortlisted author, Ayobami Adebayo has a story to tell

Thursday, May 11, 2017

John Holt’s profit beats estimates ON reduced exchange loss

Inspire Marketing, NBBF partner to reposition Nigerian Basketball

Economy gets a boost with passage of N7.441trn spending plan for 2017

Wema Bank grows assets to N421bn as loans to customers rise 23%

‘INTELS has invested more than N12bn on community relations, CSR projects in 10 years’

Disease, season drives up food prices again

Competition policy in Nigeria’s technology sector: Non-existent or non-enforced? (Part I)

Reddington healthcare group unveils second cardiology centre in Lagos

Air cargo traffic sees strong start to 2017- IATA Report

Stakeholders call for more resilient cyber security for data protection 

Performance reviews: The relevance conundrum

Budget: $2 oil benchmark cut to fund ERGP, Abuja runway, Amnesty

35 states generate N801.95bn in 2016 – NBS

Capital releases exceeded N1.2trn in 2016 – FG

FG suspends FUNAAB VC over corruption charges

FG to launch Citizens Budget Portal, says Udoma

Suswam’s trial on illegal firearms stalled over ill health

NPF requires additional 155,000 personnel for effective policing- IGP

Twenty-four Chibok girls to return to school

FG reverse stance on modular refineries

NSE market capitalisation appreciates by N303 bn on forex liquidity

NNPC executives sign performance Bond with GMD

Ethiopian Airlines commends FG on rehabilitation of runway

Arms deal: FG moves to screen witnesses against Dasuki

Trade between Nigeria and UK to reach $4.5 billion on post-Brexit

Nigeria’s first online organic, natural beauty store debuts

NASS fails to disclose salaries, allowances, Adds N10bn to own budget

Delta House of Assembly members impeach speaker

Reps pass 2017 budget set at N7.44tr

JAMB urge candidates to check e-mails or visit CBT centres for notifications

Ignore rumours of banks in distress, NDIC tells public

Reps begin debate on N7.441trn budget for 2017

Oil rises on low US inventories, Saudi cuts to Asia

Court of Appeal overturns ex-NIMASA DG, Omatseye’s jail sentence

Nigeria bond auction disappoints as foreign investors stay away

Ahmad Farroukh joins Smile Telecoms board to head operations

Digital transformation and Dell’s modern data centre innovations

Kano fertilizer company records N150 million profit

Shoprite holds second edition of its initiative to promote made in Nigeria products

Nigeria pledges commitment to end global terrorism, inequality

UCL: Real Madrid beat Atletico to set up Juventus final

Prioritising Europa League not a gamble- Mourinho

Wednesday, May 10, 2017

The Escapists

Nigeria witnesses FX-linked stock price boom 

Naira firms as CBN settles backlog forex demand for airlines, fuel

Zenith, GTBank, Access preferred stocks as index charges up

Julius Berger Capex drops 80.27 percent on recession

Pharmaceuticals break new export ground

Groundnut seller needs a roof over her head

Calabar textile firm wants to partner with Aba shoe, dress makers

Global retail update Unilever expands in Myanmar

Moody’s, Fitch maintain positive outlook for banks as risks persist

As government revenue slumps

Nigeria is still investors delight, but they are treading rather cautiously- Khan

Stop playing politics with Chibok girls- NLC warns

Reps support liberalisation of oil & gas free trade zones

Reps lament loss of $14.298bn to gas flaring in Nigeria

2019: Senate screens REC nominees

Man Utd signing of Pogba subject of FIFA inquiry

2017 budget: National Assembly gets N125bn not N150bn

Depression making ponzi schemes thrive in spite of risks – Yudala

Facebook to play down links to websites with deceptive ads

Etisalat Nigeria progressing on talks to restructure $1.2bn loan

Senate to investigate alleged irregularities in contracts award by BPP

NNPC evolves scheme to boost gas supply by 285%

FG approves establishment of Nigerian Trade Negotiation Office

Budget Padding: Court stays proceedings pending appeal court decision

Debate over Buhari’s letter, a needless distraction- Lai Mohammed

‘NLNG Act amendment portrays Nigeria as promise breaker’

Unveiling BusinessDay’s Top 25 Most Innovative Companies & Institutions in Nigeria 2017

Senate probes BPP over alleged corruption

Comey: Trump in tweets vows to hire “someone who will do a far better job”

Key FEC approvals from first meeting after Buhari’s health leave

Olympics: Paris 2024 bid chiefs cheer Macron’s election win

Nigeria seeks $5.2bn World Bank loan to boost electricity

ECOWAS says addressing climate change issues will end farmers/herdsmen clashes

Fadama 111 will have positive impact on Niger people – coordinator

New study says Iburophen can cause heart disease

Another batch of 250 Nigerians return from Libya on Thursday, says NEMA

Central Bank to mop-up liquidity in support of naira

Uber offers riders safety guidelines to mark Global Road Safety Week

‘9 out of 10 NCE holders cannot deliver quality teaching’

Obasanjo, Adesina to speak on African trade at Afreximbank AGM

U.S. provides additional $500m humanitarian assistance to Nigeria

Tuesday, May 09, 2017

‘Best’ Wishes

Currency woes, weak consumer spending plunge AG Leventis into loss position

Nigeria’s coal deposits can sustain additional 4,300MW for 20 years

Rising oil prices, cost reduction seen improving liquidity position of oil companies

Private capital, foreign investment and the ERGP

CBN plans to sell $100m for wholesale demand

Porting activities within telecommunications service providers increased 20,190 in March- NCC

IMF sees Nigeria, Angola, SA restart sub-Saharan growth engine

Thousands scramble for employment forms in A/Ibom

Nigeria generates 3,687mw of electricity in 1st quarter – NBS

Formalising illegal refineries

$10bn shea market creates opportunity for Nigerian women

Italian parliament commends INTELS’ multi-billion naira Eko Energy Estate

New CBN guidelines seek to further discourage dud cheques

SSA growth rebound hinges on prospects in Nigeria, Angola, SA, says IMF

Enoh defects to APC, as ruling party has 67 senators, PDP 41

“We will aggressively bring people into tax net”—Adeosun

$500,000 subsidy bribe : FG relays video evidence against Lawan

Updated: Senate overrules Buhari, says Osinbajo is Acting President not ‘Coordinating Vice President’

N190m Fraud : Court dismisses all charges against Oronsaye

EFCC reveals how it uncovered $9.8m in ex NNPC GMD’s house

FG charges board of 23 Varsities to expand revenue base

Updated: Agip to build new refinery in Port Harcourt

A dollar or a thousand for your cause

Etisalat Nigeria loan talks stall as banks try to avoid provisions

Eni to build crude oil refinery in Nigeria – oil minister

UN urges Nigerians to provide support for rescued Chibok girls

Reps, Minister differ on who over sees Agric Universities

Nigeria seen becoming West Africa’s refining hub by 2030

Agip to build $15billion refinery in Port Harcourt

Oracle expands presence in Africa with new Abuja office

Oyo appoints Salami as pioneer VC of technical varsity

Released Chibok girls, a promise fulfilled by President Buhari: Niger CAN

We shall collaborate with FG to sustain peace in Niger Delta – Okowa

Osinbajo to inaugurate multi-billion naira projects in Zamfara

Rainstorm destroys flour processing mill, buildings in Katsina State

321 visually impaired candidates to take 2017 UTME – Official

Finally, 2017 budget laid at the Senate

Shell testing Trans Forcados oil pipeline for restart

Mugabe leaves for medical checks in Singapore

Hailer Fish

Chelsea 3 points away from Premier League title

Nigeria seeks $5.2 billion World Bank loan to power economy

BusinessDay 09 May 2017

Monday, May 08, 2017

Fidelity Bank records zero default SME loans, interest income buoyed 29%

Tough options for mall owners as tenants seek rent reductions, fixed exchange rates

Nigeria failing to prepare its  youth population for future jobs

NNPC, joint venture partners renegotiate technical production cost

Playing hide & seek with the president’s health: A distracting game

How security certification can significantly reduce cybercrime in Nigeria

Real sector bouncing back as policy bears fruit in 2017

Learning standards reflect quality, quantity of teachers

Ratings agency Fitch, downgrades Seven Energy to ‘C’

West Africa to fight statelessness with world’s first action plan

NaijaSecCon 2017 creates awareness on cybersecurity

Signal Alliance, Cisco discuss Nigerian banks digital transformation imperative

Stanbic IBTC Trustees launches campaign for awareness on estate planning

LASG recalls VIOs from roads for retraining

America Needs Immigrants to Be Great Again

Buhari back in London for care as pressure builds to reveal nature of illness

OAU gets substantive VC 

FG says no funds to pay N56,000 minimum wage

Reps Committee support devolution of powers to State

Nigeria awards $949m gas pipeline project to Chinese firm

Oke, Lawal remains suspended 

Lafarge seeks N140 billion right issue to shore up growth

Some abducted Chibok girls refused to be ‘freed’, says negotiator

Zuriel Oduwole joins Meadow Hall to advocate for quality education

“First Bank is the stock to buy” – Adeduntan

Porting activities reached 20,190 in March, says NCC

Group urges Nigerians to pray for Buhari’s quick recovery

Internet users clock 90m in March

2017 budget: group demands apology from senate

7.6m cars’ pressure responsible for road accidents – FRSC

Forex trading posts biggest weekly gain in 8 months

Central Bank to auction $100m in forwards

FG targets 130, 000 hectares of irrigated agriculture by 2020

MTN to invest 540m rand in Iranian Net

Food security: Bank of Agriculture disburses N9bn to S’East

AfDB calls for more funding to spur Africa’s development

Jetseta, the Uber for the Skies

Otedola to testify against Lawan over subsidy bribe

Bi- Courtney requests FG to pay N200bn accumulated debt

The 2017 Budget Mess

NIA DG, SGF fate hangs as Buhari proceeds on medical vacation

Buhari flies out for treatment after receiving 82 rescued Chibok girls

BusinessDay 08 May 2017

Sunday, May 07, 2017

Unruly passengers to face criminal charges – NCAA

NIMASA seeks FDI, woos American investors to maritime sector

Naira to firm as CBN plans further forex injection this week

Experts seek participation of Nigerians in planned National carrier

Recession bites hard on orphanage homes, as sponsors pull back

Naira firms after CBN boosts forex supply with $389million

Wapic Insurance Q1 PBT grows by 135%

Telecoms operators lose 1.7m subscribers in March – NCC

Five fascinating business facts – Part 16

Nigeria’s economy cranks back to life despite FG’s failings

The economics of corruption: Why Buhari is losing the anti-graft war

Total’s N45bn investment in Cote d’Ivoire LNG offers lessons for Nigeria

Demand for farmlands spikes on govt’s agric campaign, economic downturn

The success story of Afolabi’s Marv D.Designs

Make Money while You Sleep

Empower manufacturers to enable Nigerian products compete globally, NACCIMA tells FG

Support for entrepreneurs will create clusters of economic growth- AYEEN

Moody’s to host third Annual West Africa Summit in Lagos

Lagos bags ‘Labour Friendly’ Award

Buhari receives Chibok girls, says Presidency to supervise rehabilitation

French election: Macron elected new president

President Buhari leaves for London tonight for medical follow up

See names of 82 rescued Chibok Girls

Arsenal beat Man United, revive top four dream

Chibok Girls freedom: Our role by Red Cross

82 Chibok Girls arrive Aso Rock

Bala Mohammed’s arrest and continued detention, a contempt of court – Lawyer

Saraki hails Buhari, security forces on release of 82 Chibok girls

SWAN honours NFF president Pinnick with Merit Award

CBL to celebrate Lagos @50 with ‘May Madness Basketball Tournament’

Obanikoro set to dump PDP for APC

BBOG commends FG, security agencies on release of Chibok Girls

Updated: President Buhari welcomes rescued 82 Chibok Girls in Abuja

Dogara commends Buhari over release of 82 Chibok Girls

Breaking News: FG receives freed 82 Chibok Girls in Abuja

‘New tariff on tomato concentrate will kill local processing companies’

Delta pencils down cassava, palm oil for export

Good governance & development: Notes on Nigeria

‘Ayade is free to join APC as constitution guarantees him freedom of association’ – Mike Agbe

CBN approves N2b loan for poultry syndicate at Shonga Farms

APC ready to return South-East to mainstream politics – Oyegun

APC removes chairman in Ogun over alleged corruption, anti-party activities

Akwa Ibom has 21,651 unclaimed PVCs, says INEC

Soyinka urges EFCC to prosecute detractors of fight against corruption

Saturday, May 06, 2017

Like Villa, like Senate

Agribusiness steals young entrepreneurs’ hearts in CBN South-South development programme

460 staff of MOUAU at verge of losing jobs

BusinessDay 07 May 2017

‘Why we are building federal courts in Rivers’ – Wyke

Missing In Action

Pennies for a piece of the sun

Commissioner assures Navy of high quality product, prompt delivery

Tasty treat at GTB Food and Drink Fair

CBN boosts forex supply with $389million

Understanding the economics of tourism in Nigeria

Cross River suspends LG elections again

Uniting against malaria

The ugly ‘trade by barter’ business on campus   

Buhari increases Niger Delta amnesty programme by N35B

UTME: JAMB assures candidates of getting examination centres

Breaking News: Boko Haram frees 80 Kidnapped Chibok School Girls 

Nations meet in Bonn to take forward guidelines for fully implementing Paris Agreement

Presidency orders opening of Maritime University

BusinessDay Agribusiness journalists win top honours at Citigroup, NAA awards

Buhari is not missing, he is just keeping away

Friday, May 05, 2017

Which Way Nigeria?

Former Mauritanian president dies of heart attack

Sports ministry dissolves National Sports Federations boards

Updated: Farmers count losses as cocoa price drops 50% as naira strengthens

NSE maintains upbeat trend, Index up by 0.26%

SON urges cassava farmers to adhere to international standards

Expert urges FG to install sea monitoring device in coastal regions

World Bank to provide technical support to ICRC’s disclosure project

Minister charges health record officers to embrace ICT 

FG spends N4m monthly to maintain NIOMCO investment- Administrator

Kogi to sack workers that participate in doctors’ strike

Nigerian brands take to the global stage

Lagos Govt. pays N2.22 bn as compensation to land owners

‘The private sector is key to Nigeria’s $22.5 billion food import bill’

Aisha Buhari to present certificates to over 1,000 women in Kano

We Should All Be Essentials

FIFA lifts Messi suspension

Updated: Buhari prays at Aso Villa Mosque

NITDA adopts FG’s whistle blowing policy to fight corruption

Bi-Courtney celebrates MMA @10

Central Bank sells treasury bills to support naira

Create enabling environment to tackle cancer, expert urges FG

U.K. economy revved up in April despite looming brexit talks

South Sudanese govt releases UN aid worker detained for 1 month

China’s war on debt causes stocks to drop, bond yields to shoot up and defaults to rise

Consensus emerging for OPEC, non-OPEC to extend output pact

Red Flag for U.S. Business Schools: Foreign Students Are Staying Away

IBB University to construct borehole for prison inmates – VC

UNICEF donates N47m to improve hygiene in Sokoto

FG to train youths on post-harvest activities, application of agro-chemicals

CPC warns Nigerians against new unregistered products

CBN says policy on 41 items not reversed

Let’s shut this door

Aiteo refutes allegation of complicity in $1.2bn swap deal

Niger President puts off visit to Buhari 

BusinessDay 05 May 2017

Thursday, May 04, 2017

‘I Can Finish The Game’

Indian Community marks Lagos @50 with sports carnival

Jaiz Bank overcomes infancy challenges as earnings spike

Face your fears and do it anyway – Ijeoma

Special Olympics Nigeria boosts healthy living through sports

Government interference in NCAA, hurting air safety standards – Experts  

NNPC will stop importing by 2019 as market stable, Baru

To become a successful entrepreneur, avoid these personality traits (1)

Reddington launches Nigeria’s first 3D automatic breast ultrasound system

Nigerian lubricant blenders to access advanced products with AFTON, CORMAT partnership

Diamond Bank comprehensive income grows 53%

Relief as cooking gas prices down 11%

Yudala expands further with acquisition of Yes mobile

Crisis looms as NASS threatens to pay salaries of Legislative Aides to Senators, Reps

Nigeria banks on infrastructure spend to exit recession

Oil slides to its lowest level since November

Badeh’s counsel absconded with title documents to Dubai- Witness

Senate bars photojournalists, cameramen from covering plenary

Again, Reps ask Police to arrest oil marketers over $270m forex scam

Shippers’ council to establish container deport in Edo

Reps task FG on provision of Nigerian passports

Google Reaches $334 Million Tax Settlement in Italy

DASUKIGATE : Ashinze’s trial resumes after EFCC retracts statement

Nigeria loses N780 billion daily to oil thieves

CCT Trial: Saraki says he has no case to answer

Forex: Buhari happy with market stability

ERGP: expert advises FG to hinge implementation on 3 pillars

Again, Nigeria missing at WEF meetings in Durban

Frank Aigbogun speaks at BusinessDay Top 25 Most Innovative Companies & Institutions Awards 2017

NGO wants FG to sanction states refusing to access UBEC funds

Pharmaceutical group lauds Saraki over import tax policy

Situation Room calls for quick confirmation of INEC RECs

Nigerian Breweries CEO resigns, to take up new Heineken role

N190m fraud: Court sets May for ruling on Oronsaye’s submission

‎FG charges new FRC board on corporate governance

Meningitis kills 8 in Katsina

Nigeria to export pigeon pea worth $100bn to India -NAQS

NLC in Kwara calls for decentralisation of N-Power programme

BOA disburses N2.4bn loan to farmers, SMEs in Niger – Official

BOA disburses N2.4bn loan to farmers, SMEs in Niger — Official

UNICEF: Thousands of refugee children live ‘in limbo’

2017 budget to be laid today, passed next week – Senate Leader

Yahyah steps down as AshakaCem board chairman

Seven Energy appoints Manish Maheshwari as new CEO

Nigeria will take its rightful place at the UN – Amb. Bande

Obasanjo urges Indian community to support Nigeria’s self-reliance

Flood takes over Reps’ chamber

NPA prepares for arrival of $3.8bn Egina FPSO vessel September

Lawmakers propose 10-year jail for fraudulent oil marketers in PIGB

NIA panel is a distraction

An acephalous state

BusinessDay 04 May 2017

Wednesday, May 03, 2017

Who Are the world’s biggest military spenders, really?

Why an organization needs an Anti- Money laundering Policy

Nigerian Vs Senegalese Jollof

Forex dealers subscribe less than $100m offered by CBN

Kachikwu says $13.5bn ZabaZaba oil field will go on despite Malabu rift

Africa seeks to reinvent self as WEF meetings open in Durban

Dangote Sugar soars 83% on high prices, plans backward integration 

Analysts’ outlook on equities tilting towards cautious optimism

AXA Mansard resilient despite headwinds as combined ratios improve

Manufacturers list 191 items for review as FG considers replacing 41

How to invest in the stock market in Nigeria

Recent trends in employment Law and the privatized Nigerian electric power sector

FG to set up satellite industrial centres to promote backward integration

Changing demographics, lifestyle drive QSRs expansion

Foreign investors drive N125bn three-year decline in Nigeria’s equities deals

Lagos ranks world’s second cheapest city to live in  

Economic bills to create 7m jobs – Saraki

Super Sand Eagles to arrive Nigeria on Friday

Nigeria media must hold government accountable – John Bray

Dogara, others bow to pressure over lopsidedness in Zonal Intervention project

PDP Senators alert of alleged plots to arrest ex-governors

Economic bills to create 7 million jobs – Saraki

Grass cutting scandal: Senate submits final report to Presidency

Nigeria’s crude oil exports to drop 1.52m bpd in June

IPOB leader Nnamdi Kanu meets South East Senators

Reps to approve new projects to forestall abandonement

Obasanjo calls for review of Universities’ curriculum

BusinessDay Top 25 Most Innovative Companies & Institutions Awards 2017

Growth in data services lifts MTN’s Q1 revenue

National Hospital reinstates free skin cancer treatment for albinos – NGO

Suit seeking Uzodimma’s sack from Senate fixed for May 24

Lamido’s detention in Jigawa stalls Abuja trial

ZabaZiba project on course despite Malabu controversy – Kachikwu

CBN suspends anti-market lenders from forex sales

Senate confirms Ocheni, Hassan as ministers

Ecobank to embark on aggressive digital platforms’ expansion

AMCON N1.5bn lifeline lifts Arik operations

FG to revoke idle Refinery Licenses

Nigeria to auction N140bn bonds on May 10 – DMO

Updated: Buhari absent at FEC, after wife says condition over-rated

No fire extinguisher for Bovi Man on Fire – Get ready!

Updated: FG to pay $500 million as Cash Call arrears to Aiteo, Seplat others

Contracting circle in Nigerian oil and gas now 9  months- says Kachikwu

What’s the problem with Agriculture?

BusinessDay 03 May 2017

Tuesday, May 02, 2017

Civil Service

Senate screens two ministerial nominees today

Dangote Cement’s earnings surge on higher pricing as exports set to intensify

The uncertain presidency

Economic recovery gains momentum

Nigeria to benefit from IHS’s N67bn affordable housing fund

Naira loses marginally against dollar

Surging ExxonMobil, Chevron profits signal oil industry turnaround

Onukaba: ‘I am the hope of my people’

AfDB provides $280m for Nigerian youth agriprenuers

Lagos remits N78.5 billion into workers’ RSAs account

Nigeria’s Kari, Efekoha give backing for insurance sector integration in West Africa

Hungary set for first double-deck trains

Obasanjo says fight against corruption must be wholistic, comprehensive

Dangote Sugar Refinery targets 1.5m tonnes sugar production

Dogara pledges support for free press in Nigeria

EFCC denies shielding Kingsley Kuku

Fire guts section of Oba of Lagos’ palace

Buhari’s health not as bad as perceived- wife

Buhari resumes, meets with attorney general and NNPC GMD

Senate urges FG to stop transfer of prisoners from UK

World Economic Forum selects Africa’s female tech entrepreneurs of 2017 

Reps move to boost security infrastructure

N3.9bn NAF Fraud: NAF officer kept records of laundered funds

ERGP: FG begins development of implementation roadmap

Economic recovery gains momentum as PMIs turn positive

N29bn fraud: Witness links N2.1bn to Nyako’s accounts

Senate backtracks, begins screening of REC nominees

FG mustering political will to develop tourism, says Lai Mohammed

FG Proposes 30% capital budget to hasten economic recovery

Nigeria’s PMI in positive territory, rise 58.9 in April

Nnamani electoral reforms committee recommends independent candidacy

Movie Review: Gold

DASUKIGATE: Ruling on Metuh’s application to stay proceedings get stalled

Nigeria to replace list of import items – Osinbajo

Cash Call debts: FG pays $400m first tranche to IOCs

Take medical leave now, Civil society leaders tell Buhari

CBN planning to make forex rates converge – spokesman

Investors now taking notice of Nigeria’s latest currency plan

Reddington unveils first 3D automatic breast ultrasound system

Reddington launches first 3D automatic breast ultrasound system

Ikpeazu extols Abia workers for their support

CBN to offer $100 million on forward market

Nigerians in Venice Biennale – ‘How About Now’

Training is imperative to meet global citizenship

Kano is capable of growing monthly IGR to N12bn

Community to benefit from N10m World Bank grant

Nigeria’s UN Ambassador assumes duty in New York

Take medical leave now, civil society tells Buhari

Over 15m Nigerians suffer from Asthma – expert

Dangote, Police, harp on security, jobs

Ibom Power gets additional 24MW of electricity

BusinessDay 02 May 2017

MTN Nigeria sacks 280 workers

Monday, May 01, 2017

UBA’s Q1 profit rises 32%, beats analysts’ estimates

Naira to firm as CBN plans more injection into inter-bank market

Nigeria’s first month revenues miss target by 50%

Seplat hedges 3.69mn oil barrels at $48 in 2017

Standard Alliance gets NAICOM nod for  composite license

CBN new forex window & release of Nnamdi Kanu – signs of good tidings

A diversionary tactic to delay Nigeria’s 2017 budget?

The ethics of price discrimination

Helping children find their identity

Access Bank, PSHA, Hacey push for prevention to end malaria epidemic

Futuristic oganisations will keep marketing communication budget even in recession, says Timilehin

Microsoft survey shows importance of Technology in Education

Is there an alternative to 10 percent?

Dogara, Dabiri-Erewa hail Nigerian-born boxer Anthony Joshua 

Aviation sector totters on weak NCAA regulation

Media Celebrates the Legend that is Betty Irabor

Nigerian workers must be active whistle blowers – Magu

Government debts seen killing businesses in Nigeria

May Day: Make economy work again, workers tell FG

Buhari, Osinbajo absent at May Day rally

Saraki to FG: Set up review panel on workers’ demands

Nigeria needs open and competitive ICT market – Saraki​

AllianceBernstein’s CEO, independent directors ousted

China’s airlines lead the world in delays

Apple’s cash hoard set to top $250 billion

Economics and Bad Weather Amplify Africa’s Food Crisis

Mixed reactions trail May Day

May Day: Workers reject Ngige’s representative

May Day: Nigerian Workers deserve better deal – Osogbo-born Professionals

Anxiety, stress trigger migraine — Neurologist

Gombe to implement N56, 000 minimum wage, if FG approves

Union tasks FG to involve farmers in formulating agricultural policies

NLC wants N25, 000 minimum pension

Paris Club refund: N1.3bn shared by Bayelsa LGs insufficient

Ekweremadu reiterates call for N50,000 minimum wage

Tottenham dent Arsenal’s hopes of top-four finish

Fury accepts Joshua’s heavyweight title fight

Workers’ Day: Reps assure organised labour on passage new minimum wage

BusinessDay 01 May 2017

Sunday, April 30, 2017

Nigeria loses $850m to gas flaring in 2015 – DPR

Increased liquidity keeps exchange rate stable

Germany, OGUNCCIMA to train Nigerian youths in industrial electronics

FIRS presses for more revenue collection with technology, collaboration

Nigeria’s agric institutes lag peers as poor funding hurts output

Nigeria’s N18,000 minimum wage, one of world’s lowest – Labour

CBN sells $292.5m as NAFEX closes at N379.04/$

Consumer good firms debts rise 71% to N543bn on weaker naira

Nigerian Banks Q1 Results: The Good, Bad & Ugly!

Jime continues with familiarisation tours of Lagos FTZs

Diamond Bank’s comprehensive income upswings 53%

How many bailouts will it take to save the states?

The French election is yet another epic clash over globalisation

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