2014年9月4日 星期四

2014-09-05 Nigeria Business

  The Punch   
Nigerian, 31, dupes 75-year-old Dutch woman of €200000  The Punch
A 75-year-old female Dutch national, Jeanet De Jonge, has lost €200,000 to a 31-year-old Nigerian, Michael Adio in a romance scam. It was gathered that Adio, who had been arrested by the Economic and Financial Crimes Commission, pretended to be an ...

EFCC: Suspected Fraudster Cheats 75-Year-Old Woman Of €200000   SaharaReporters.com
Suspected fraudster arrested over €200000 love scam   WorldStage

all 5 news articles »   


Navy Chief Warns Companies Over Involvement in Oil Theft  AllAfrica.com
The Chief of Naval Staff (CNS) Vice Admiral Usman Jubrin has warned private Oil companies in Nigeria against connivance in oil theft. He spoke when he received the Managing Directors (MDs) and Chief Executive Officers (CEOs) of the Oil companies ...


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  THISDAY Live   
Qatar National Bank Buys AMCON's Stake in Ecobank  THISDAY Live
Ecobank Transnational Incorporated (ETI) yesterday announced the acquisition of 12.5 per cent minority stake in the bank by Doha-based Qatar National Bank (QNB). The transaction was done through QNB's purchase of both ordinary and convertible ...

Management is the key   BusinessDay
Qatari lender QNB buys 12% of Ecobank   Financial Times
Qatari bank acquires 12.5% stake in Ecobank   The Punch
Peninsula On-line   
Gulf Times   
all 44 news articles »   

  Daily Sun   
Nigeria: Price of Cement to Crash by 300% - Dangote  Nigerian Bulletin
Cement prices in Nigeria are expected to crash by 300% as Dangote Cement Plc, the main supplier of cement in the country -who announced this yesterday- is set to inject an additional 9 million metric tons into local circulation. Excerpt from Vanguard:
Competition among cement firms leads to price drop, increased capacity   BusinessDay
Dangote to Bring Down Cement Prices   Daily Times Nigeria
Dangote Ready To Crash Prices Of Cement   Leadership Newspapers

all 17 news articles »   

  BusinessDay   
MTN, IHS reach agreement on outsourcing  Nigerian Tribune
Telecommunications network provider, MTN has reached an agreement in principle with IHS Holding Limited for the transfer of its towers business, comprising of up to 9,151 of MTN's mobile network towers in Nigeria. A statement from MTN revealed that the ...

MTN Outsources 9151 Telecoms Towers to IHS   THISDAY Live
IHS pays $2bn to buy MTN telecoms towers   Financial Times
IHS Said to Pay About $2 Billion for MTN Towers in Nigeria   Businessweek
Telecoms.com   
AllAfrica.com   
Ventures Africa   
all 37 news articles »   


Yara plans $2.5 billion gas-based fertiliser plant in Africa  The Nation Newspaper
Yara International ASA (YAR), the largest publicly traded nitrogen-fertilizer seller, said it plans to build a $2.5 billion plant in west or east Africa once gas projects come on-stream toward the end of the decade. Yara has held initial talks with governments in ...


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  The Punch   
Lagos owes $1bn of states' $3bn external debts  The Punch
The Lagos State Government owes 33.86 per cent of the country's total sub-national external debts (debts owed by state governments), investigation has shown. Statistics obtained from the website of the Debt Management Office in Abuja on Wednesday ...

States and shoe-string budgets   Nigerian Tribune

all 2 news articles »   


Access Bank Meets Investors over Possible Rights issue  THISDAY Live
Access Bank has been meeting with domestic investors over the past week to gauge interest in a possible rights issue of 60-70 billion naira ($369-$431 million) by the fourth quarter, a fund manager and a banking source with knowledge of the roadshow, said ...

Rights Issue: Access Bank Woos Investors   Leadership Newspapers
New capital requirement: More banks mull fundraising   Nigerian Tribune

all 4 news articles »   

  Daily Sun   
FG spent N487bn on ex-PHCN workers' terminal benefits –BPE boss  Daily Sun
Director General of Bureau of Public Enterprises (BPE), Mr. Benjamin Ezra Dikki, yesterday disclosed that a whopping N487,000,000,000 was spent to offset the terminal entitlements of former workers of the Power Holding Company of Nigeria (PHCN).

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  Cogeneration & On-Site Power Production Magazine   
Flour Mills invests in GE's new engine to improve fuel efficiency  BusinessDay
United Kingdom-based distributed power provider Clarke Energy is supplying GE's new diesel engines to Flour Mills of Nigeria plc as the company seeks to deliver higher fuel efficiency at its facilities in Lagos and Kano. This project represents the first sale of ...

Nigerian flour mills in on-site power deal   Cogeneration & On-Site Power Production Magazine

all 3 news articles »   

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