Businessday Nigeria Archive for February 2018

Tuesday, February 27, 2018

FG says 3.5% projected 2018 growth rate is on course

We are committed to workers welfare- Buhari

Verification exercise: N3.7bn fraud responsible for payroll changes in Benue

Buhari’s technocrats, advisers can’t move Nigeria forward – foremost NLC President

NNPC, Kogi to produce 84 million litres of Bio-fuel

CBN begins disbursement of lower denomination naira notes to market traders

NCPC boss laments low investments in Africa, calls for single currency

FG sets up 12-man committee on abduction of Dapchi school girls

Full list of Dapchi missing school girls

Board members warned against undue interference in management of MDAs.

NFF inaugurates Audit Committee, Technical Study Group

Reps probe non-payment of N9.1trn to local contractors

APC NEC Meeting: Saraki, Dogara absent as Oyegun, others get tenure extension

Reps solicit assistance for over 100,000 displaced Nigerians living in Niger Republic

Reps ask Buhari to provide security across insurgency prone schools

Lassa fever hits 18 States with 90 deaths, 1081 suspected cases

PDP asks Buhari to visit Dapchi

I withheld assent to Peace Corps because of security concerns, funding, says Buhari

South Africa’s Ramaphosa says new cabinet “a transitional one”


Nigeria’s non-oil sector gradually re-emerges to 1.45% growth

Nigeria’s non-oil sector gradually re-emerges to 1.45% growth

#SMWLagos 2018

Monday, February 26, 2018

People are ammunition

Nigeria narrowly escapes recession as economy expands 0.9%

BusinessDay 27 Feb 2018

Stanbic IBTC Pension Managers’ net income spikes on investment income

AshakaCem: Demonstrating resilience, building communities in challenging times

MTN crosses major huddle to Nigeria listing

Testing Buhari’s security agenda

Digitalisation of electricity could unlock $3.1 trillion in industrial, societal value

Nigeria’s largest maize farm attracts 20% equity investment from Gates Foundation

Underage voters: INEC vows to clean up voters register

Dapchi Girls: Army says Gaidam’s misinformed the public

APC NEC: How Oyegun, others survived sack

Social Media Week kicks off with future of broadcast, content creation

Ooni demands change in approach to solving Nigeria’s economic crises

NLC mobilises 6m Nigeria workers ahead of 2019 general elections

Revenue Allocation: FG won’t reintroduce onshore – offshore Dichotomy- Enang

Ekweremadu: How inequity and resource depletion impair prosperity, security

PDP urges National Assembly to probe Dapchi abduction

China Development Bank promises investment into specific sectors of Nigerian economy

Buhari Vows to rescue abducted Dapchi school girls

How VAIDS will expose wealthy tax debtors-LIRS Chairman

Only 100,000 .ng domain names registered in 11 years

Presidency to inaugurate Boards of MDAs Tuesday

Lagos targets N897bn revenue as Ambode signs 2018 budget

Nigeria’s tax base rises 35% to 17m

Barcelona, Atlético, Real Madrid win to keep LaLiga race open

421 million hospitalisations recorded every year globally – WHO

Court adjourns hearing on Patience Jonathan’s properties

Total Nigeria, Transcorp Hotels’ year-to-date dividends hit N31bn

Government’s unassertiveness sees Customs frustrating tomato policy

Student loan scheme is a better way of funding higher education

2019: Discard Obasanjo’s CNM, Nwagwu tells Nigerians

Sunday, February 25, 2018

BusinessDay 26 Feb 2018

Banks’ $1.3 bn Eurobonds set to mature in 2 years

Five fascinating business facts – Part 57

Meet Akintunde Oyebode, the man who funds Lagos SMEs

2018’s lists of dividend declared so far

Council of State okays $1bn to boost agriculture, economic diversification

Nigerian Insurers’ share price Year-to-Date on NSE

NASD moves to connect PE investors with growth enterprises

Labour tasks Buhari on completion of Ajaokuta Steel company

Chamber Pushes for  SME Bank to facilitate longterm financing of micro-businesses

Finally, FG confirms 110 Dapchi school girls missing 

Buhari calls on Private sector to assist in economic development

Godswill Akpabio says Emefiele keeps CBN integrity

El-Rufai, Adeosun to meet Kaduna business leaders, tax payers ‎over VAIDS

FG social investment scheme records 7.9m beneficiaries

Underage voters:  PDP rejects INEC’s 8-man committee 

NFF president Amaju Pinnick wins SUN Personality of the Year Award

Eagles coach Rohr moves to tackle goalkeeping concerns

Super Falcons pick bronze, as David also shines in Abidjan

Infantino hails NFF, says Russia 99% set for FIFA World Cup

Nigeria more divided now than ever – Peter Obi

TIV group fears Army portrayal of Benue farmers as rustlers

Ajaokuta: A long, winding road to nowhere?

Health sector: 2018 doesn’t give much cause for cheer

Opadokun accuses Buhari of pursuing ethnic agenda

Why I parted ways with el-Rufai – Sen. Hunkuyi 

Nigeria ready to host any FIFA event – Pinnick

Enemies today, friends tomorrow

Is Ondo faring better after one year of Akeredolu’s administration?

Saturday, February 24, 2018

Buhari has failed himself, his family and Nigeria – Onovo

Eight days in the dungeon: Ordeal of Rivers’ first female VC in the hands of international kidnap gang

2018 Standard Bank Investors’ Conference aims to connect investors to opportunities

Mauritius, Cape Verde, others ahead of Nigeria in democracy index

Odu’a set to reposition for economic development

Moghalu’s new book for launch in Lagos Feb. 26

APC chieftain begs Tinubu to urgently address Cross River chapter’s crisis

It is ungodly for any pastor to claim God anointed him to be Nigeria’s president – Apostle Williams

Restoring broken livelihoods in Ogoni

We embraced cattle colony to provide adequate security of lives, property – Kogi

NASS says satisfied with AMCON over developments at Arik Air

Onne Customs records N105bn in 14 months, seizes N395m fake drugs

When UBA Foundation took CSR to Usmanu Danfodiyo University

Book title: Medical Tragedy in My Story

Lagos and coconut processing industry

Finally, parents reveal names of abducted 105 school girls

Dapchi parents release names of 105 schoolgirls abducted by Boko Haram

25,000 jobs coming as CBN inaugurates egg powder factory in Ondo

Aigbogun invites 28 players as Flying Eagles open camp

Man City’s Sterling doubtful for English League Cup final

25,000 additional jobs coming as CBN inaugurates egg powder factory in Ondo

FIFA pulls out of Neymar’s €43m bonus dispute with Barcelona

U.N. Security Council approves 30-day humanitarian cease-fire in Syria

Africa Check, NIJ train Lagos journalists in fact-checking

Lassa Fever: WHO lauds Edo Govt. for Emergency Operation Centre at Irrua Hospital

Boko Haram commander killed

Over 3,000 repentant bandits surrender weapons in Zamfara, says deputy governor

Kaduna LG Poll: Commission tests e-voting machines in mock election

NIMC harmonises identities of 30m Nigerians -– DG

Parents of abducted Nigerian girls plan to join Bring Back Our Girls campaign

Fitch downgrades Coca-Cola’s ratings to ‘A’; Outlook Stable

Andersen debuts to change face of Nigerian tax administration

2019: NASS raises presidential campaign expenses by 400% to N5bn

Niger Delta to blame for death of eastern ports – Amechi

Nigeria’s corruption level worse in 2017, despite anti-corruption war

Marginal fields bid on hold as Buhari’s second-term efforts hit up

Supreme Court directs INEC to delineate Bakassai LGA

Friday, February 23, 2018

Analysts say Bindow’s ‘stomach infrastructure’ programme in Adamawa yielding fruits

Bayelsa gears up for 2018 Africa SMEs Roundtable

TUC wants state of emergency in power sector

12 ships with petrol, others arrive Lagos ports

Buhari orders 24-hour monitor for Dapchi schoolgirls

Next owner of Nigeria’s 9mobile must know the sector, regulator says

WAFU Women’s Cup: Gallant Super Falcons play Mali for bronze

Arnergy develops revolutionary PayGo solar solution built on IOT platform

Marginal field exercise put on hold as Politics of second term for the president Buhari hits up

Buhari meets Oyegun over APC crises

Buhari assures Niger Delta of rapid development

Supreme court directs INEC to delineate Bakassai LGA

Olu of Warri tells Buhari, activation of Warri, Koko ports will end restiveness, create jobs

EFInA Supports LOTUS Capital with $250,000 Grant

Innoson commences training of 200 Niger Delta youths

Donors pledge $500 mln for troops in West Africa’s Sahel

Predictable characteristics of the unbanked and under-banked Nigerians

Financial infrastructure for efficient payments system

APC debunks reports of EFCC ‘raid’ on National Secretariat

Nigeria falls further behind Kenya, Ghana on Mobile money transfers

16m Nigerians have lost their jobs since 2015, says PDP

FG urge to harness informal sector in tax administration

P&G celebrates 25 years of impact in Nigeria

HMCAN, stakeholders ask court to declare NHIS boss appointment unconstitutional

Fourth batch of Anambra returnees from Libya arrive

Africa requires 12m new jobs annually to curb unemployment – FAO

FAAC: FG, States & LGS share N635.554 bn as January allocation

Kachikwu: FG seeking $100bn investment to drive growth in the Oil&Gas sector

Council of State approves $1bn funding for agriculture, livestock

2019 Election: Buhari to speak on his plans soon- Okorocha 

2019 Election: Buhari to speak on his plans soon…Okorocha

UPDATE 2-Anger in Nigerian village as girls still missing after Boko Haram attack

Thursday, February 22, 2018

PSP operators, community leaders embrace Cleaner Lagos Initiative

Ghana IPO offers clues to MTN Nigeria valuation

BusinessDay 23 Feb 2018

Analysts downgrade Guinness to sell ratings

‘Many Nigerians use wrong coping strategy to manage stress’

NNPCs N286bn fuel subsidy losses since Oct symbolizes failed model

I would love to be the go-to aesthetic centre for clients visiting Nigeria– Uju

A New Year missive

25,000 to benefit from 2018 Lagos ready-set-work training pack

APC crises: Buhari meet APC Governors

Kachikwu: FG seeking $100bn investment to drive growth in the oil and gas sector

Abacha’s junta embezzled N10m labour college fund – NLC alleges

Low interest rates, key to growth of Nigeria’s economy – Dogara

Access Bank wins Euromoney’s best commercial banking capabilities award

Reps approve 5 years jail term for breach of work permit law

Adamawa Assembly passes vote of confidence on Odigie-Oyegun

Okomu faults illegal closure of its office by FIRS, demands apology

Interswitch unveils initiative to resuscitate Nigeria’s education system

Reps halt planned $1.8bn turn around maintenance of Nigeria’s refineries

How fees reduction can redefine USSD competition landscape

Race for Nigeria’s first unicorn thickens as SureRemit list on Coinmarketcap

Governor says Yobe school girls not yet rescued

OPEC identifies non-transparency in data as key cause of price fluctuation in energy sector

‘Research collaboration with universities to promote Nigeria, UK economies’

Capital market to bridge the investment gap in Nigeria

StarTimes Bayern Youth Cup tournament holds in Lagos 

African nations urged to avoid hydropower reliance

Ratings agencies applaud South Africa’s budget: Treasury

Bill gate, others seek answers to $1bn healthcare investment in Nigeria

Moses, Oshoala shine at Aiteo-NFF Awards

Carabao Cup final exclusively on Kwesé TV

State Police, 2019 Election, Security top agenda as Buhari, Gowon, Obasanjo, Abdulsalami meet at the Villa

Northern Senators divided over sack of Adamu

Nigeria dealmaking off to record start as 2018 deals hit $1.2bn

Petrogress A&E Petrol Nigeria Merge Set to Invest $5m In Nigeria’s Oil, Gas Sector

Nigeria beats peers to most private equity deals in five years

Lagos to build 4 new bus termini, 100 bus shelters

76 schoolgirls rescued after Boko Haram attack, others missing  

76 schoolgirls rescued after Boko Haram attack, others missing

Ashaka Cement builds N11bn power plant to tackle high energy cost

Nigeria warns on ECOWAS currency integration

El- Rufai’s aide justifies demolishing of APC factional headquarters in Kaduna

Wednesday, February 21, 2018

Barclays confirms Teleology as 9mobile preferred bidder

‘Success is beyond the commercial aspect’

BusinessDay 22 Feb 2018

Experts laud CBN’s directive to banks on dividend payment

Strong party system is key to democratic consolidation in Africa

Manual aircraft towing at Nigerian airports costs airlines N1bn annually

Meter manufacturers task CBN on single-digit interest rate

Oil marketers threaten to shut out NNPC from depots

Nigeria missing on list of 84 countries expanding 4G LTE technology

Nigeria can learn from SA, Kenya, Ghana students’ loan scheme

Akwa Ibom signs N646.65bn 2018 appropriation bill into law

Missing school girls: Buhari deploys military, delegation to Dapchi

FG saved N4.5trn from court claims, says Malami

Reps approve N365bn for NDDC

ERGP: FG targets $25bn new investments

PDP expresses shock over alleged missing 94 Yobe schoolgirls

Senate moves to whittle down CBN governor’s powers

Jamb registrar reads riot act, demands accountability from staff

Rwand Air to launch flights into Abuja, Bamako, Yaounde, Conakry, Cape Town

2010 Independence Day bomb blast: Okah Knows fate March 7

El- Rufai aides insist demolishing APC faction headquarters in Kaduna was legal

48 missing Yobe schoolgirls return

Unity slides 9% amid acquisition speculation

UNIZIK VC tasks FG, states on eradication of tropical diseases

​​Rubitec commissions N200m solar hybrid mini grid ​i​n Ogun state

Delfarm Fire disaster: Obiano inaugurates panel of inquiry

FG offering tax relief duty waivers to modular refinery investors

Anambra to establish rice processing centre in 3 senatorial zones

How to rig an economy

OPEC supply cap compliance may get harder with new Nigerian volumes

Nigeria confronts transmission gaps headlong

Resolving hiccup around 2,000 megawatts of unutilised electricity

Time to reform West Africa gas markets for increase investments

IEA, EIA, OPEC differ on 2018 supply, demand growth

South Africa to raise VAT for first time in 25 years to plug budget hole

Dana Air: CPC expresses gratitude for safe evacuation, urges transparent and responsive action

FAAC disbursements increased by 25% to N6.41trn in 2017

African governments hurry to beat higher borrowing costs

Reps ask FG to pay N42.73m to whistleblower

Senate probes NNPC/Agip Oil security account

Over 52 government privatised assets not performing – BPE

NCC, NOTAP, others commend Airtel on 4G launch

Aiteo pays N540m to fulfil its commitment to Football in Nigeria

Tuesday, February 20, 2018

US-based P.E firm Milost said eyeing Unity Bank

FIBusinessDay 21 Feb 2018

BusinessDay 21 Feb 2018

Nigerian federalism was neither accidental nor arbitrary

GenCos fret over FG’s inclusion of Azura IPP in N701bn power guarantee

Analysts dispel fears over CBN’s circular on Capital Generation, Dividend Payout Ratio

State-owned microfinance banks fail to exploit captive markets

How import duty reduction on powdered milk is hurting local manufacturers

No casualties recorded as Dana Air overshots Port Harcourt runway

Senate condemns major marketers over demand for subsidy payment

Over 52 government privatized assets not performing – BPE

CBN, Ondo to set up largest Egg powder plant in Africa, Middle-East

Herdsmen/farmers killings: Reps to meet security chiefs, foreign partners

Reps ask FG to pay N42.73m to whistle-blower

Demolition: Senate asks El-Rufai to compensate Hunkuyi

NNPC confirms imports of $5.8bn worth of petrol to arrest fuel crisis

Reps query NEMA boss over N9.6bn Libya returnees’ fund

Army launches special security exercise in Benue to tackle herdsmen’s menace

JAMB remitted N7.8bn to government in 2017 – Registrar

Nigerians consume 22 bn litres of refined petroleum products in 2017

Kalu urges Tinubu to accelerate reconciliation of aggrieved APC members

Underaged voting: PDP passes no confidence vote on INEC

Dogara seeks compelling law for political debt recovery

NSITF: Reps probe N62.3bn employee compensation fund

Steep drop causes panic on Lufthansa Abuja-Frankfurt flight

Elections sequence: Senate moves to suspend Omo-Agege, 9 others

Jerry Gana, others float new political association to rival OBJ’s CNM

IMF stopped Kenya’s access to $1.5 bln standby credit after review delay

Fitch: Electric vehicle growth could see oil demand peak by 2030

They told us to dream

Investors watching closely as South Africa’s Ramaphosa considers cabinet line-up

Egyptian firm to buy $15 billion of Israeli natural gas

Trump ranks worst U.S. President in poll

Monday, February 19, 2018

Ambode flags off e- tax payment campaign at GTBank

Nigeria to sell assets seized in anti-graft probes to boost treasury, president says

CBN lifts foreign exchange market with $210m

Boko Haram attacks Dapchi in Yobe

Asset replacement cost pushes insurance industry loss ratio to 80%

BusinessDay 20 Feb 2018

Stakeholders worry as $1.53bn Lekki port project runs years behind schedule

Corporate governance dissonance in PNB’s government

This stock is Nigeria’s worst this year

Wisdom is better than weapons of war

Artificial Intelligence deepens customer, business relationship – Survey

Kachikwu says African countries must collaborate to ensure stability in oil sector

Fayemi attributes Nigeria’s improvement on ease of doing business to key reforms

AGF: Manpower shortfall frustrating audit of MDAs

Fresh N10bn NHIS scam: APC Government stinks – PDP

Refineries: FG to bar multinational oil coys from shipping out crude

Fitch: Zuma resignation reduces S Africa policy paralysis risk

Technology helping Nigeria win the war against terrorism –Chief of Air Staff

Congo is sliding back to bloodshed

Nigeria is on auto pilot, says PDP

More and more CEOs are taking their social responsibility seriously

Replying to customer reviews results in better ratings

Lagos aglow as FIFA Executive Football Summit holds Tuesday

FG queries Magu, Keyamo over fresh corruption charges against CCT Chairman, Danladi Umar

Shareholders to earn N16bn as NB declares final dividend

Abia’s vibrant 2017, it’s wealth and investment opportunities

FG Pledges moving Nigeria’s local refining capacity from 14-95% within 20 months

At least 17 killed in Mozambique capital as pile of garbage collapses

Adeosun asks global bodies to label tax evasion, malpractices by multinationals as corruption

1, 306 Nigerians died in road accidents in Q4 – NBS

What is delaying Abuja, Lagos new terminals?

Nigeria has to change its engagement with gas

Manufacturers in Ogun industrial clusters deserve better infrastructure  

Sunday, February 18, 2018

Five fascinating business facts – Part 56

NB’s profit margins remain squeezed as competition dampens sales

BusinessDay 19 Feb 2018

At BusinessDay economic summit, FG says economy on track

Major near term risk face Nigeria economy in 2018 – PWC

Deep-pocket Sime Darby, Olam eye Nigeria’s oil palm industry

‘Start-ups need renewable energy, partnerships to grow’

Onyekachi Ekezie: From oil industry to food packaging

Negative outlook for palm oil producers could dampen stocks

Kale explains Nigeria’s fragile economic growth, risks to watch in 2018

Lagos SUBEB disburses N139m as death insurance benefits

President Buhari says FG on its toes to address security issues

Buhari meets Katsina Elders’ Forum in Daura

Presidential Villa roundup for Feb. 12 to Feb. 17, 2018

FIFA, CAF presidents, political leaders, industry moguls to grace AITEO/NFF Awards

67,000 patients benefit from Speaker Dogara’s medical outreach in Bauchi

Zambia to rearrange China loans to meet IMF conditions

DPR investigates alleged, diversion of 40,000 litres, of fuel meant for Gombe

2019: PDP must provide a better choice for Nigerians, says IBB

Tribunal awards investor N3m damages on incurred losses to stockbrokers

Reps probe N.3trn implementation of zonal intervention fund

Killings: I-G deploys 3 additional Police Mobile Force units to Zamfara

‘Why Quintessential Business Women Association’s membership is from grassroots’

2019 in jeopardy as NASS/INEC supremacy war rages

‘The church alone cannot fully harness the potential of our youth population’

Saturday, February 17, 2018

Residents recount ordeal as traffic robbers take over Lagos

Underage, alien voters fuel fear 2019 elections already rigged

When Edo boiled over alleged murder of two youths

FIFA calls for reform of transfer market system

Secondus commends Ikpeazu for adopting cement technology in road projects

Path to the unconquerable Christian life

‘2019 general election will be knowledge-driven’

Gulfstream G500 Jet launches in Nigeria

BusinessDay 18 Feb 2018

Finance Ministry names successful YouWin participants

Air Peace passengers escapes death as cows take over Akure runway

Zamfara: PDP bemoans daily massacre of Nigerians

Governor Ahmed promises 80% implementation of 2018 budget

Consumers gain as neighbourhood malls take centre stage in retail market

PPP, best option for infrastructural boost in Niger Delta – NDDC boss

Wike donates N500m to PAMO University

South Africa’s Ramaphosa hails “new dawn”, warns of tough decisions

US$950 million power sector debt dampens new gas investments

Kale explains Nigeria’s fragile economic growth and risks to watch in 2018

Manufacturing investment jumps 99% to N330bn

Friday, February 16, 2018

Nigeria primary, secondary students enrollment shrunk 4.3m in 2016

Speed violation tops major cause of road accidents in Nigeria

Government insensitivity to fragile Niger Delta situation threatens economy

Bayelsa unveils ‘Invest Bayelsa’, Nigeria’s first one- stop-shop investment web portal

Govt. insensitivity to fragile Niger Delta situation threatens economy- Avuru

Air Peace connects Lagos-Abuja-Yola, Abuja-Yola-Abuja

At least 18 killed in clash in northwest Nigeria-police

Ethiopia declares state of emergency

APC celebrates Gov El-Rufa’i at 58

Prince berths Foundation to celebrate birthday

FG gets $486m World Bank support to improve power and transmission infrastructure

Government infrastructure and borrowing to increase in 2018- Yemi Kale

Ogun moves to end herders crisis by invoking land-grabbing law

IATA welcomes African ‘open skies’ initiative

Party power lifts Ramaphosa to SA’s Presidency, as weak system plagues Nigeria

NSITF: FG inaugurates panel of inquiry into N62.3bn fraud

Thursday, February 15, 2018

SKS promotes healthy learning through sports

Quality education: Private equity firms target secondary schools

BusinessDay 16 Feb 2018

Cordie Aziz, Ghana’s Queen of recycling, showing them how it’s done

Bikiya Graham-Douglas, steadily adding a touch of excellence to her expertise

Kenya, East Africa’s largest economy lessons on reforms abound

‘Visa is investing in equipping financial institutions to prevent internet fraud’

Updated: Nigeria prices $2.5billion dual tranche Eurobond: Receives an order book size of over $11.5billion

Nigeria, SA, Kenya accounts for 75% tech funding

WhatsApp tests payment app in India: next stop Africa?

Talent engagement in African fintech space not mature

Nigeria raises US$2.5 billion Eurobond

Senate summons Adeosun, Amaechi others over alleged diversion of $600m Eurobond proceeds

Ramaphosa vows anti-corruption fight

Fact File On Cyril Ramaphosa And The South African Presidency

Reps support bill seeking to cure lacuna in evidence law

Barkindo leads global players to International Petroleum Summit 

Fact file on Cyril Ramaphosa and the South African Presidency

Reps: Shortfall of N1trn portends insolvency risk, loss of investors’ confidence to power sector

Excitement as first AITEO/NFF Awards holds in Lagos

Insights From The Leading HMOs On The Nigerian Health Insurance Industry

Falconets storm Yaounde for World Cup ticket

CBN proposes 2 years jail term for erring forex dealers

Electrical surge sacks Senate, adjourns till next week

Cyril Ramaphosa sworn in as president in South Africa

UPDATED: Nigeria opens $2.5 billion Eurobond offer

Nigeria today raising fresh $2.5bn eurobond

Cyril Ramaphosa succeeds Zuma as South African president

South Africa’s parliament speaker receives Zuma’s letter of resignation

Nigerian banks plan market-based reporting of FC, says Fitch

South African parliament to elect new president on Thursday – ANC chief whip

50 most influential Nigerians in 2017

#OPANMC2018: OPAN Hosts Leading Personalities, New Media Publishers, Bloggers, PR Consultants & Social Media Influencers!


Apapa-Wharf Road reconstruction: Dangote assures of early completion

Private sector raises alarm over National Assembly’s move to raise company income tax

Inflation rate declines despite sharp rise in petrol prices to N191 per litre

Zuma quits, ending scandal-plagued term as South African president

Wednesday, February 14, 2018

Inflation rate declines despite sharp rise in petrol prices to N190 per litre

Advancing technology fueling Intelligent Enterprises – Accenture Tech Vision 2018

Tier 1 banks to drive dividend pay-out – Stanbic Ibtc

BusinessDay 15 Feb 2018

Motorcyclist’s daughter undergoes successful surgery

Senate adopts new election sequence in rowdy session

FirstBank processes over N1trn on its 894 Quick Banking Channel

The shocking scale of bad governance at state level

FG’s decision to cut import duty hurts powdered milk manufacturers

Breaking News: Jacob Zuma resigns as South African President

APC mourns death of 21 Bauchi students

Nigeria raises N176 bln n in treasury bills on lower yields

Ogun moves to end herder/farmer clash by invoking land-grabbing law

Senate asks FG to suspend reduction of import duty on powdered milk

Nigeria tackles power challenges in industrial clusters with offgrid solutions

CBN digitalises Anchor Borrowers Programme, enlists participating farmers

2019: Senate in rowdy session, endorses sequence of elections

3 emerging market risks companies should watch for in 2018

How more regulation for US tech could backfire

The best leaders are great teachers

Nigerians bought petrol for N190.9/liter in January 2018- NBS

Nigeria’s exports under AGOA grow to $6bn

Nigeria’s food inflation decelerates to 18.9% as prices moderate

Kebbi, Bauchi, Nasarawa lead states with highest inflation rate

​​TCN Concession: inter-connected regional grid model ideal for Nigeria

Lagos: Land Use Charge and economic development

South African police raid Gupta home, pressure cranks up on Zuma

Expansion in transmission capacity is great news but..

No more Seven-Up for investors as bottler delists from Exchange

South Africa’s ANC will back no-confidence vote in Zuma on Thursday

Nigeria’s inflation drops for twelfth consecutive time

UPDATED: Nigeria’s inflation drops to 15.13 % in January – NBS

Nigerian Senate probes scarcity of lower denomination currency notes

Nigerian annual inflation at 15.13 pct in January -stats office

South African rand firms on talk Zuma will resign, Gupta arrest

South African police raid home of Zuma associates amid influence-peddling probe

Access Bank EIG forecasts 15.05% inflation rate for January

Atlanta-bound Delta flight makes emergency landing in Nigeria

The historical Yoruba nation

Tuesday, February 13, 2018

FIBusinessDay 14 Feb 2018

BusinessDay 14 Feb 2018

SEC yet to receive application from MTN on Initial Public Offering

Could NEXIM N5 billion loan facility savage Multi Trex ?

Shoprite hits by difficult operating environment, regulatory harassment

Financial experts give reasons for a week loss

Kuwait’s new ‘super light’ crude may threaten Nigeria’s Asian market

Contractors fret over government debts as elections draw near

Montaigne Place excites customers with gifts of love this valentine

Excitement, encomium as Airtel launches 4G in Ibadan

Tinubu says he’s got Buhari’s great support to reconcile APC members

Senate probes scarcity of lower denomination currency notes

Nigeria must key into global changes or be left out- Dogara tells Save Democracy group

$202m NIA forex scam: Reps, Kingibe meet behind closed door

FG concerned over delay in execution of deep-water projects

Ganduje alleges Kwankwaso wants to control him from outside

Reps parley US Envoy on repatriation of stolen funds

NNPC moves to recover N100bn landed property

2019 Elections: lRl President visits APC chair

Power generation is not rocket science

FG reiterates commitment to tackling violent extremism.

Nigeria’s economy risks collapse on negative non-oil growth – analyst

N200m fraud: Court sanctions ICPC’s probe of ex-lawmaker

The Fourth Finger: #1

South African ANC recalls Zuma, says he needs to go urgently

5 Places To Get A Gift For Your Wife/Girlfriend This Valentine

ANC sacks Zuma as South African president

N116bn worth of palm oil imported into Nigeria since 2017

India shocks global investors by clamping down on offshore derivatives

Wall Street blames turmoil on insurers’ volatility strategy

European banks break ranks over cryptocurrencies

Barclays Bank faces second charge over Qatar cash injection

US bond yields push higher on inflation worries

Trump to unveil long-delayed $1.5tn infrastructure plan

Total chief promises spending discipline as profits flow

Global stocks higher as Wall Street rebounds

Creditors call time on China’s HNA

Nigerian Banks Corporate Governance Brief

The Untold Story Of Apapa

Nigerian Mutual Funds Transparency Report

Nigerian Brewery Industry Snapshots

BusinessDay Research Brief

Nigerian stocks hit new lows on increased profit taking

Ghana: Africa’s fastest-growing economy is even bigger than it seems

ANC decides to remove Zuma as South African president

Again, NPA releases list of agencies authorised to operate at ports

Monday, February 12, 2018

Expectations high as banks set to release 2017 full-year results

MTN outshines rivals on GSM subscribers list for 2017

Residential real estate: Emerging opportunities

Nigerians go bearish on Bitcoin despite rebound in international markets

BusinessDay 13 Feb 2018

Cybersecurity: Firm introduces Tardigrade ERA for private, public sector organisations

The current paradox of Nigeria’s economy

Mr Ramaphosa, It is time

Dangote Refinery entrenches local content with 150 indigenous engineers in operations

NBC launches digital switch over in Enugu

Governors back state police, call for gradual implementation

Security Chiefs silent on outcome of closed-door meeting with Buhari

Naira gains at I&E forex window as CBN injects $210m

Dogara, Bello ask Buhari to inject stolen funds into Ajaokuta steel

Again, NPA releases lists of govt agencies authorised to operate at ports

Adeosun to address UN, OECD’s Conference on Tax, Revenue Leakages

Super Falcons arrive Abidjan for 2018 WAFU Cup of Nations

NFF names coaches for various National Teams

SABC reporter says South Africa’s Zuma agrees to go, spokesman denies

Adeosun to address UN conference on tax, revenue leakages

Nigeria bourse approves delisting of Seven-Up after takeover bid

Electricity industry ‎looses N24bn monthly to imported energy- FG

Creating youth entrepreneurs in mining business

Sango, Golu mourn Shagaya, say Plateau has lost a bright star

Armed security operatives take over NHIS office Abuja

S.African President Zuma’s fate to be decided on Monday, says ANC head

The Best Way To Utilize Your Document Management System

A Digital Revolution lands in Abuja as #DedicatedToDigital hosts its 2nd Edition!

ERGP focus lab to generate $24b- Osinbajo

Sunday, February 11, 2018

Why Kwakpovwe, Our Daily Manna publisher, snubbed Presidency, Lagos, Delta governors

High NPL forces banks to scale down credit to the private sector in 2017

Nestlé commissions N4.1bn Milo RTD factory as earnings surge

Banks brace for IFRS 9 adoption

Fitch affirms Stanbic IBTC Bank’s national rating at ”AAA(nga)”

BusinessDay 12 Feb 2018

Eruani Godbless: Medical doctor who built conglomerate

Patronage to weaken Buhari as 2019 elections near

Nigeria has one of the lowest rig count activities among OPEC

VAIDS’ N17bn revenue offers window view into tax leakages

How Enobong Kennedy redefines t-shirt business

Donald Trump’s speech at Davos marked the beginning of a new period of rising US-China tensions

Ganduje’s group in APC clears Kano council poll

Expect partly cloudy skies, sunny weather on Monday – NiMet

Airline operators question veracity of alleged N516bn debt

‘Katsina, Kano polls show Buhari has lost popularity in stronghold’

Motorcyclist needs N400,000 to stay alive

Boko Haram militants hand over 13 hostages to Nigerian government

Nigerian men doubt possibility of personal cancer diagnosis – Survey

Ease of Doing Business: National Assembly promises improved relationship with Presidency

PDP asks Buhari to quit as Petroleum Minister

‘In real estate business, developing areas hold huge advantages’

A police spokesman and his unbridled tongue

NB Plc boost Nigerian football with N2.2b partnership deal with NFF

2019:  Endorsement galore in C/River for Ayade’s second term bid

We did not chase NDDC contractors away – Commissioner for Works

Saturday, February 10, 2018

As Sultan, Ooni lead the way to P/Harcourt in time of tensions

Why mortgage access eludes many adult Africans

Hard options before Tinubu in 2019

‘There is urgent need to revisit the basis of our togetherness as a country’

Nigerians bemoan FG’s poor enforcement of consumer rights

Apapa: When government dances on graves of businesses, residences

‘I neither need empathy nor alms, but opportunity to work for a living’

Norovirus puts PyeongChang Olympic Games at risk

Call Obasanjo to round table, APC chieftain tells Buhari

How not to present committee report

Is Cameroon our friend?

Give us our guns, we are going back to the creeks, ex-militants tell Ondo govt

‘Abia’s free home medicare for the elderly is first of its kind’

The hidden principle of success in the market place

Ganduje grants tax waiver to commercial tricycle operators

Senate seeks improved trade relations with Finland

Apapa gridlock: NPA wants to take over reconstruction of Tin-Can Expressway

Motorists to pay more taxes, as lawmakers pass road Bill

Nigeria’s IT professionals are highest paid in Africa

Smuggling, poor port operations to derail Customs’ N1.5trn target

Manufacturing output grows 24% to N4.67trn in 6 months

Concern mounts as Lagos’ new land use charge takes effect

Plateau focuses on works, education in 2018 fiscal year

African nations make history with Winter Olympic competitors

Profit taking weighs on Nigerian stocks

Report: Military probe calls for fewer ground missions in West Africa after Niger ambush

Big generator makers set sights on Nigeria’s $9.2 billion offgrid market

CBN bank says injected $326 mln into currency market

Friday, February 09, 2018

Fuel queues: NNPC intensifies crackdown on petrol hawkers

President Buhari approves retirement of Justice Ademola, dismissal of Tokode

NIRSAL, German firm sign MoU to address ‎51.3 million tons post harvest food loss

Britain to add Nigeria’s naira to list of accepted trade currencies

Brexit transition ‘not a given’, Barnier warns

US House passes budget bill to end shutdown

Schulz abandons German foreign minister role after SPD backlash

Stocks sell-off slows in US and Europe

South Africa’s Ramaphosa targets “pressing matters” in push for Zuma exit

Fitch: European Oil Majors adapt to low oil; Break even in 2017

What will result from America’s strangely timed fiscal stimulus?

Three men and a vote

De Beers diamond venture puts Namibian mine on sale

Russian fertiliser tycoon to boost sales in Zimbabwe, Zambia

Apapa gridlock: Fresh hope on Trailer Park as contractor returns to site

Lagos clears legal hurdles for 4,000mw embedded power

Hubmart demonstrates confidence in economy, opens new retail outlet

LGA poll: Civil society want Kano to declare holiday

The benefits of vacationing somewhere new

Twitter makes profit of 81 million

Thursday, February 08, 2018

9mobile sale to be concluded February 26 – Barclays Africa

BusinessDay 09 Feb 2018

MPC to lower rate in Q1 2018 to spike growth- FSDH Research

‘It took 16 months to make our first sale in Nigeria’

Plans for national carrier at advanced stage, says Aviation minister

U.S. oil exports surge to 1.53 mn bpd in sign of evolving energy markets

‘I see Jaebee Furnitures as Ikea of Africa’  

At Intels, life is meaningful for persons with disabilities – Lumati

Pensions Alliance reinforces confidence in contributory pension scheme

Currency outside banks rises to N2.2trn

Tourism: Reps task FG to revisit abandoned Ekiti airport, 7 years ago

Reps seek inclusion of Kaduna, Plateau into visitation panel

Movie Review: Proud Mary

FG has no plan to colonize any part of Nigeria, says Buhari

High wage bills hurt Manchester United profits

2019: INEC partners EFCC to tackle votes buying

‘Tinubu can’t deliver a bad product’

DMO says ready for next phase of local debt refinancing

Don’t reverse residency tax rule, OGIRS tells NASS

NHIS staff protest Buhari’s reinstatement of Usman Yusuf

Reps condemn alleged impunity in Nigeria’s justice system

What you need to know about MTN’s $500m share sale

‘We want to tackle special learning disability challenge affecting Nigerian students’

OVH Energy appoints Huub Stokman as CEO

Again, cheque usage drops as electronic payment options surge in Q4

128 cases of norovirus infection confirmed at PyeongChang Games

Borno to spend N300m on traffic light installations

APC threatens to punish erring members in Cross River

NNPC plans 2 cargoes per day to address petrol supply

Security Summit: FG backs state police

1776 Challenge Cup unveils Riby, 19 others in finals

Port Efficiency

Optimism for the Nigerian Hotel Industry in 2018

African Union says has no secret dossiers after China spying report

South Africa’s ANC was preparing to fire Zuma this week, top official says

Cashew farmers, exporters eye $480m earnings as 2018 harvest commences

BUA Group to construct N7.5bn 220-bed specialist hospital in Kano

Real estate investors fault Lagos new law on land use charge

MTN confirms 2018 Nigeria IPO plans as board meeting begins

FG to save $800m as it seeks investors to commercialise flare gas

Wednesday, February 07, 2018

BusinessDay 08 Feb 2018

Connect Maritime, NPA flag off sea-based container shuttle to Apapa

Banks’ cost cutting sees contract staff jump 60% in 2017

FMCG companies face new trends, questions to stay profitable

AfDB approves $10m loan to boost fund’s portfolio in Africa

The rapacious Nigerian middle class

N200bn investments stalled in an agro allied industry – LCCI

GREIF Nigeria navigates difficult business terrain as profit margins improve

Refinery profit margins in Europe boosted by fuel imports from Nigeria

APC threatens to punish erring members

FG to save $800m as it seeks investors to commercialise flare gas by JV companies  

Four million Nigerians do not have electricity meters, says NBS

UPDATED: MTN confirms 2018 Nigeria IPO plans as board meeting begins

National Carrier: FG substitutes Lufthansa over conflict of interests

FG reveals Mining Commission’s plans to regulate sector

Nigerian constitution doesn’t specify whether to use parliamentary or presidential system – Aregbesola

NHIS Ex-Sec. reinstatement: I am not aware of his investigations by EFCC- Lai Mohammed

Dana Air denies faulty aircraft door incidence

Aircraft doors cannot fall off without efforts to open them, Dana tells Nigerians

Licensees deny call-masking accusation by NCC

Ikpeazu woos Diaspora-Igbos to invest back home

NFF mourns as Austin Mgbolu passes on

World Bank issues record $1.4bn catastrophe bond

NNPC cracks down on erring marketers, fuel hawkers

Time to end the academic arms race

Kano releases N345 million for polio campaign

Former GoMyWay CEO to head CcHUB’s incubation program

Tomi Davies’ five Angel investment strategies for beginners

CHAN 2018: Eagles to earn $400,000 as CAF clarifies cash entitlements

End game nears for South Africa’s Zuma

Tuesday, February 06, 2018

Konga slips 82 percent as Zinox swoops

Nigeria’s entertainment sector ripe for private equity

Union bank jumps to 1yr high as Atlas Mara snaps up 48% stake

Stable naira to lift PE activity in 2018

BusinessDay 07 Feb 2018

NPA makes N299bn revenues as businesses suffer from Apapa gridlock

OPEC compliance rate, Venezuela’s dip neutralises US production uptick

How insecurity foreruns the failure of microfinancing

MainOne Data Center leverages partnerships to hit near 100% power availability

Nigeria stocks fall second straight session as U.S. Stock turbulence escalates

Turning the searchlight on NNPC’s purchase of Nigeria’s oil

IBB media aide slams N1bn suit against NPF, media houses

French President Macron to address joint session of National Assembly in July

LCC promises improved service delivery aftermath Lekki toll review

N650m Fraud: Ex-minister, others seek plea bargain with EFCC

Netherlands name Ronald Koeman as new manager

2019: Presidential poll likely to come last

Local refining of crude oil, panacea to embarrassing fuel scarcity – Dogara

Allegation of evading EFCC mischievous – Oduah

Saraki closes case at Code of Conduct Tribunal 

55% of Nigerian women want end to female genital mutilation – survey

Silver –winning Eagles arrive Nigeria

PDP cautions police over planned arrest of Afegbua

2019: National Assembly Conference Committee adopts reordering of elections

Reps task FG on revival of moribund industries

Moses Umoru appointed director general Franco-Nigerian Chamber of Commerce, industry

NIRSAL explores insurance to curb farmers/herdsmen clashes

Buhari declines assent to three bills

Buhari designates Tinubu to reconcile APC members

$4trn wiped off as european stocks plummet

Konga’s sale to ignite ecommerce fireworks

Naira strengthens as CBN injects $210m into forex market

Herdsmen kill 1,500 in Benue, destroy over N100bn property in 5 years

Cuba to strengthen economic relations with Nigeria

Budget: Senate begs ministry to inject fund for own project

ERGP: Buhari to launch initiative for job creation, investment

Bitcoin drops below $6,000 for first time in three months

Zimbabwe’s Tsvangirai critically ill in South Africa: party source

India grateful to Nigeria, Benin for help in recovering missing ship

Monday, February 05, 2018

BusinessDay 06 Feb 2018

Nigeria’s petrol price peg distorts West African markets

Early Konga investors’ confidence shaken by 2015 naira crisis

The third force and the many challenges ahead

Pension assets hit new high of N7.41trn

Oracle positions for uptake in Nigeria’s tech market

Budget: Senate begs Ministry to inject fund for own project

EFCC recovers N867bn, $66.258m, €13.847, others in 2017

FG rolls out 5 –point action plan to tackle disease control

ERGP: Buhari to launch initiatives for jobs creation, investment

2019: Reordering of elections timetable in order – Ekweremadu

FG says it’s in last phase of war against Boko Haram

70,000 Nigerians visit Chinese Province in one year

Winter Olympics goes Live on Kwesé TV

Integrity, justice will be our watchwords – Mustapha

N20m fraud: Group protests at INEC headquarters, asks Commission to recognise Omotosho as LP chairman

Alleged N400m fraud: Metuh arrives court on stretcher, case suffers long adjournment

Codesharing: What Nigerian airlines must do

Buhari in face off against 3 ex-presidents who do not think he deserves a second term

Pupils’ enrolment up in North East after Boko Haram disruption

More actions needed to change the deplorable cancer cases in Nigeria – experts

Eagles pick silver, celebrate best –ever CHAN outing

How friends, Son tried to abort IBB’s critical statement on Buhari

Call it anything but subsidy

Sunday, February 04, 2018

Guinness Nigeria back to profit as festive demand drives sale

Nigeria Eurobond portfolio to hit $8 billion in Q1

Nigeria risk premium hits 4-year low

BusinessDay 05 Feb 2018

‘Entrepreneurs need creativity, innovation to sustain their businesses’

FG burns N191bn on dollar subsidy for companies in 2017 crude swap deals

Wapic Insurance ranks high in Corporate Governance Rating for ethical business practices

FirstBank accounts for 37% of bills payment on ATM in 2017

PDP, others welcome IBB’s call on Buhari to quit in 2019

Commentary kicks-off on social media as IBB asks President Buhari not to run for office in 2019

Fayemi leads FG delegation to African Mining Indaba in SA

NIA financial scam: Reps launch fresh probe into $202m security intervention fund

Lassa Fever: Akeredolu confirms 9 deaths, 102 cases in Ondo

IBB joins forces to oust Buhari in 2019, decries incessant killings

Full Text of  Statement By General Ibrahim Babangida, GCFR

Watch Video: Archbishop Emmanuel Chukwuma blows hot on Nigerian politicians

Updated: Go, IBB tells Buhari, says Nigeria desperate for younger, modern leadership

2019: Mass voter turnout likely as more Nigerians go for PVCs

Restructuring: When APC licked its vomit

Saturday, February 03, 2018

Ondo Assembly passes N181billion 2018 budget

Flamingos walk tight rope on Uruguay route

How UBA’s Leo is changing the face of e-banking

What does Senate, Reps’ summons really achieve?

Oil spill menace: NOSDRA Act may be amended to boost funding

‘We want to make Abia estate development agency revenue-yielding outfit’

2019: More trouble for Buhari as plots thicken to unseat him

I did not sponsor Don Wanni – Rivers’ PDP boss

Nigerian Stock market in January 2018

Tackling illiquidity and high cost of funds in mortgage system

Today’s youths are distracted from the things of God by materialism – Pastor Ajiboye

Government inability to provide amenities discourages tax payers

Saburi Biobaku: Unilag’s VC who was stabbed by a student who disagreed with his choice as VC

Italian man held after driving through city shooting at black people

Sierra Leone says relations with IMF “normal” after suspended payout

Dangote group, Black Rhino secure funding for 540MW QIPP

2019: Senate to adopt Reps’ order of elections

Ford Foundation adopts Abia as key partner State

FG to engage Saudi Arabian authorities over Nigerians on death row

Seplat lists 25 million additional shares in line with pre-approved plans

Stocks record over N320bn in weekly gain

Baru appeals to NUPENG to shelve planned strike

Cancer: 28 African countries have no radiotherapy machines – UN agency

Fitch upgrades Access Bank’s National Rating to ‘A+

Strong economic fundamentals push listed stocks to N2.29tr in January

Banks’ lending rate to manufacturers rises to 23%

Friday, February 02, 2018

NFF “Naija4Russia” campaign now LIVE

CHAN 2018: Pinnick charges Eagles to win trophy for Buhari

Nigeria gets two more appointments in CAF

Osun APC youths move to convene town hall meeting ahead 2018 governorship poll

Ajimobi, Alaafin reject cattle colony

Nigeria commences exchange of bank account data with Foreign Countries

FG renames varsity after Ekwueme

Benue killings: IGP appears before Senate committee

Inadequate funds hindering fight against Boko Haram – Buratai

Whistleblowers leak hideout of militia, armed herdsmen in Taraba, Nasarawa

Umahi heads committee to dialogue with Miyetti Allah, others over Fulani herdsmen/farmers clash

South Africa schedules new no-confidence vote against Zuma

RIFAN begins bio metric data capturing of rice farmers in Zamfara

Egyptian police uncover illegal human organ trafficking syndicate in Cairo – Reports

Nigeria, Niger reach mutual agreement on border town refinery

Agitations as LCC justifies new tariffs at Lekki, Ikoyi tollgates

Reps probe status of Excess Crude Account

Thursday, February 01, 2018

Obasanjo’s poor record in identifying ‘great leaders’ blights new movement

BusinessDay 02 Feb 2018

‘The entirety of our 2017 ACT Foundation initiatives impacted over 65,000 Nigerians’

Flour mills’ profit beats estimate as margins widen on operating gains

Updated: MPC hangs in balance as Senate reaffirms it will not confirm CBN nominees

Expectations as Fine & Country gathers experts to offer insights on real estate in 2018

Adenike Dada, guaranteeing that your taste buds will want more

‘NOVA is adequately capitalised above regulatory minimum capital’

Waiting for Oando Forensic Audit

CBN lures investors with higher yields, auctions N450bn treasury bills

Reps seek extension of Nigeria’s single visa entry to 5 years

Buhari appoints Lametek Adamu, Deputy Governor of CBN

FG Seeks Partnership with China to Develop Nigeria’s Animation Industry

NCC’s Internet Code of Practice: A punch on net neutrality?

CITAD cautions FG against move to monitor social media posts

NNPC to use PPP arrangements for oil, gas pipelines

Nigeria’s PMI expand at sluggish rate to 57.3%

Senate in rowdy session over Ganduje, Kwankwaso face-off

Nigeria drops five places on key economic metrics in 2018

Reps give 24-hour ultimatum to Surveyor General to re-present 2018 budget

Nigeria’s broadband penetration spend to reach N17.4bn

Kano allocates 13% of 2018 budget to health sector

How Fintech can rebrand the stock market

Premier League clubs smashes record £150m on January transfer  spending

Smaart Health wants to put a doctor in every pocket

Facebook booming even as time spent on it drops

SEMA confirms 5 dead, 39 injured in Maiduguri multiple explosions

Cameroonian troops enter Nigeria seeking separatists – defence agency

Manufacturing PMI records slower growth in January

Wednesday, January 31, 2018

Benefits of oil rally elude Nigeria as NNPC losses mount

BusinessDay 01 Feb 2018

SUNU buys Equity Assurance Liberia, Ghana

Still on new pricing methodology, par value of equity securities

Nigeria drops to 97 of 113 countries in rule of law ranking – WJP

Nigeria fish farming plans flop on policy lapses, smuggling

Taste remains key driver of consumers’ preference for food, beverages

Widening economic inequality seen impacting Nigeria retail market growth