2014年9月26日 星期五

2014-09-27 Nigeria Business

  Vanguard   
Court Clears Ikuforiji of Money Laundering Charges  THISDAY Live
After four years in the dock, Justice Ibrahim Buba of the Federal High Court in Lagos yesterday discharged the Speaker of Lagos State House of Assembly, Hon. Adeyemi Ikuforiji, of the charges preferred against him by the Economic and Financial Crimes ...

Money laundering: Court frees Lagos speaker, aid   Daily Sun
Money laundering: Court frees Ikuforiji, Lagos Speaker   Nigerian Tribune
Lagos Speaker, Ikuforiji, rejoices over acquittal; thanks God, party leaders   Premium Times
The Guardian Nigeria   
SaharaReporters.com   
all 29 news articles »   


NDIC Warns Nigerians Against Wonder Banks  Vanguard
ABUJA--The Nigeria Deposit Insurance corporation, NDIC, has warned the Nigerian public to be wary of "wonder banks" which offer mouth-watering deposit interests but indeed are out to defraud unscrupulous members of the society. The Managing Director ...


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  WorldStage   
NSE All Share Index rises 0.097%, as 7UP, Mansard, May Baker add weight  WorldStage
WorldStage Newsonline—Trading on the floor of the Nigerian Stock Exchange closed on a positive note on Friday, as the NSE All Share Index lost 0.097 per cent to close at 40,819.72 points from 40,780.00 on Thursday. The market capitalisation also rose to ...


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  BusinessDay   
N50bn debt: Court orders AMCON to take-over MMA2, old FG secretariat, others  BusinessDay
amcon Effective immediately, the Federal High Court, Lagos, has ordered Bi-Courtney group of companies and its owner, Wale Babalakin, to hand over its concessionary powers to Asset Management Corporation of Nigeria (AMCON) following their inability to ...


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'Abuja EDC to roll out 100000 prepaid meters yearly'  Nigerian Tribune
IN order to start addressing the metering gap in its coverage area, the Abuja Electricity Distribution Company (AEDC) will rollout 100,000 pre-paid meters yearly. Managing Director of AEDC, Mr Neil Croucher, stated this on Friday while addressing journalists.
Abuja Disco To Roll Out 100000 Metres Yearly   The Guardian Nigeria

all 3 news articles »   

  spyghana.com   
NCAA inspects Bayelsa Airport project  Nigerian Tribune
THE Bayelsa State government has said that sand-filling work has been completed at the site of the state-owned International Cargo Airport project at Amassoma. The state Commissioner for Works and Infrastructure, Mr Lawrence Ewhrudjakpo, made the ...

Bayelsa: Work Begins on International Cargo Airport in Amassoma   Nigerian Bulletin
Work started on new cargo airport in Nigeria   Airport World Online

all 4 news articles »   


World Bank Approves N80 billion IBRD Credit for Nigeria to Boost SME Financing  Nigerian Bulletin
This is good news for Small and Medium Business owners in Nigeria as the World Bank has approved N80bn fund available as loan to finance SMEs, Premium Times reports. Excerpt: Nigeria is to benefit from a $500 million (N80 billion) World Bank credit to ...


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Starwood Celebrates Eid al-Adha  The Guardian Nigeria
STARWOOD Hotels in Nigeria which consist of Sheraton Lagos Hotel, Sheraton Abuja Hotel, Four Points by Sheraton Lagos, Le Meridien Ogeyi Place- Portharcourt and Le Meridien Ibom Hotel & Golf Resorts- Akwa Ibom will join the Muslim Faithful to ...

Starwood Hotels & Resorts Expands Presence in Nigeria with the Signing of ...   MarketWatch

all 4 news articles »   


CBN raises N114.4bn in T. bills, yields mixed  BusinessDay
The Central Bank of Nigeria (CBN) sold N114.39 billion ($698 million) worth of treasury bills with maturities ranging between three months and one year at an auction this week, with yields mixed, the apex bank said on Friday. The bank sold N21.53 billion ...

Nigerian interbank rate up at 10.50 pct after T-bill sale   Reuters Africa

all 8 news articles »   


Bank of Industry Partners Agric Ministry On N13 Billion Rice Fund  Vanguard
Bank of Industry (BOI) has disclosed that it is working with the Ministry of Agriculture on a N13billion Rice Intervention Fund for the establishment of 10 integrated rice mills and six cassava mills across the country. The Bank explained that the objective of the ...


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