2014年10月15日 星期三

2014-10-16 Nigeria Business

  Ventures Africa   
Nigeria's Central Bank Dragged To Court Over ATM Charge  Ventures Africa
VENTURES AFRICA – A Nigerian Rights Activist has asked the country's federal high court to restrain the Central Bank of Nigeria (CBN) from further implementing its reintroduced N65 on cash withdrawal from others' banks' ATMs. The apex bank, under the ...


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  The Punch   
Fed Govt projects N11.163trn revenue, 6.35% GDP  The Nation Newspaper
The Federal Government yesterday projected N11.163trillion revenue for next year as opposed to N10.894 billion approved for this fiscal year. According to the 2015-2017 Medium Term Expenditure Framework (MTEF) and Strategic Paper Policy obtained by ...

FG proposes $78 oil benchmark for 2015 budget   Nigerian Tribune
2015 Budget: FG Targets N11.16trn Revenue   Leadership Newspapers

all 4 news articles »   


Gridlock on Apapa-Oshodi Expressway rubbishes Lagos' Horn-Free day  Nigerian Tribune
Heavy traffic gridlock on the Apapa-Oshodi Expressway, on Wednesday, totally made ineffective, the Horn-Free Day exercise, ordered by the Lagos State government. Nigerian Tribune observed that a traffic gridlock, which became very noticeable around ...


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NPDC, Seplat JV Earmark $200m For Azura IPP  Leadership Newspapers
The Nigerian Petroleum Development Company (NPDC) and Seplat Joint Ventures will be investing $200 million in Azura-Edo Independent Power Producer (IPP)) to deliver gas infrastructure. The minister of petroleum resources, Mrs Diezani Alison Madueke ...

Jonathan lays foundation stone for $1bn Azura-Edo power plant   BusinessDay

all 2 news articles »   


Analysts upbeat on Nigerian equities  BusinessDay
In the wake of -2.14 returns recorded by the Nigerian equities market last week, analysts are optimistic that the market will begin to witness an uptick this week driven by third-quarter (Q3) earnings releases by companies. Investors had found solace in the ...


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  Channel News Asia   
Asia markets take beating on US data  Bangkok Post
HONG KONG - Asian markets tumbled Thursday, led by another huge sell-off in Tokyo, following a disappointing set of US data that fuelled fears about the world's top economy. Traders took their lead from New York and Europe, where equities and the dollar ...

Dollar sharply lower after weak data raises growth fears   The Star Online
Dollar trades in lower 106 yen range in early Tokyo deals   Shanghai Daily (subscription)
US dollar trades near 106 yen line in early Tokyo deals   Nikkei Asian Review

all 11 news articles »   


FBN Capital to Highlight Benefits of GDP Rebasing  THISDAY Live
FBN Capital Limited, the Investment Banking and Asset Management subsidiary of FBN Holdings Plc, has concluded arrangements to showcase how Nigeria can capitalise on the recent gross domestic products (GDP) rebasing. In a statement yesterday, the ...

FBN Capital hosts 4th annual investor conference   BusinessDay

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Airtel Nigeria relaunches employee volunteer scheme  Telecompaper (subscription)
Airtel Nigeria has relaunched its Employee Volunteer Scheme, which was started in 2011 to make a difference in the lives of Nigerians. MD Segun Ogunsanya said that Airtel Nigeria, in its renewed spirit of social responsibility, will give all employees a specific ...

Airtel Nigeria re-launches Volunteer Scheme   DailyPost Nigeria

all 4 news articles »   

  BDlive   
African local bonds – an untapped opportunity?  FT.com (registration) (blog)
African dollar bonds are increasingly gaining mainstream acceptance as the continent's brisk economic growth and low interest rates in the developed world help buoy demand for high-yielding debt. The size of Africa's dollar-denominated debt market, not ...

Bond Yields From Nigeria to Kenya Jump by Record on Oil Drop   Businessweek
Ebola, Oil Slump Taking Toll on African Sovereign Bonds   NASDAQ
Oil slump and Ebola worries fan African bond sell-off   Reuters Africa

all 17 news articles »   


Sukuk as a Tool for Infrastructural Development in Nigeria  BusinessDay
Considering the huge infrastructural deficit facing Nigeria, and the challenges being faced by the Federal Government of Nigeria due to a decline in oil revenue amongst other related issues, it has become imperative for State Governments and corporates to ...

LCQ22: Development of Islamic bond market in Hong Kong   7thSpace Interactive (press release)

all 2 news articles »   

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