2014年11月3日 星期一

2014-11-04 Nigeria Business

  The Punch   
W'Bank gives Nigeria, others $10.6bn for 141 projects  The Punch
The World Bank Group's loan and grant approvals for Nigeria and other Sub-Saharan African countries have hit $10.6bn. In its 2014 Annual Report, the bank said its assistance to Africa reached a record high this fiscal year with the approval of $10.6bn for ...

Zimbabwe ponders the struggle to industrialise   FT.com (registration) (blog)
Nigeria moves up doing business report   CNBCAfrica.com
Speaking with one voice   BusinessDay

all 8 news articles »   

  Leadership Newspapers   
Nigeria Lost Over N700bn To Corruption In Seed Sector – Adesina  Leadership Newspapers
The federal government has said over N776 billion was estimated to have been lost to corruption or an average of N26 billion annually in the seed and fertiliser sector between 1980 and 2010. This was revealed by the minister of agriculture and rural ...

Nigeria loses N776bn to corruption in fertilizer sector –Akinwumi   Daily Sun
Rice, cassava, others raise govt's revenue by N778bn   The Punch
Jonathan ended 40 yrs of corruption in agric sector —Minister   Nigerian Tribune
WorldStage   
The News   
all 9 news articles »   

  Daily Sun   
Nigeria needs $14bn to boost infrastructure investment –Okonjo-Iweala  Daily Sun
Minister of Finance, Dr (Mrs) Ngozi Okonjo-Iweala, has said that the country would need at least $14 billion (about N2.296 trillion) annually to meet its infrastructural investment, just as she highlighted the imperative of Public-Private Partnership (PPP) ...

FG needs N2.24tn yearly for infrastructure   The Punch
Nigeria requires N2.3trn yearly to fund infrastructure —Okonjo-Iweala   Nigerian Tribune
Nigeria needs annual infrastructural investment of $14bn - minister   StarAfrica.com
CHANNELS TELEVISION   
WorldStage   
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  The Guardian Nigeria   
Declining oil price and Nigeria's economy  Nigerian Tribune
The threatening free fall in the price of crude oil has expectedly become a source of worry in vital quarters. Within a period of four months - June to October - the price of the single product that sustains Nigeria's economy dropped from $112 to $86 per barrel.
Nigeria's economic management and falling oil prices   Daily Sun
Nigeria's economy, falling oil prices and inclusive growth   The Guardian Nigeria
'How to Grow Non-Oil Economy'   AllAfrica.com

all 9 news articles »   

  The Guardian Nigeria   
CBN Probes Two Nigerian Banks for Forex Malpractices  Nigerian Bulletin
Two commercial banks in Nigeria are being investigated by the Central Bank of Nigeria (CBN) for foreign exchange malpractices, Vanguard says. The two Tier 2 banks are reportedly being scrutinized for unbridled sale of foreign exchange (worth millions) to ...

CBN warns applicants for N220b MSME fund against fraud   The Guardian Nigeria
Emefiele's Move to Connect Finance to Development   THISDAY Live

all 14 news articles »   

  Daily Sun   
BUA backs cement price reduction, commends Dangote  Daily Sun
The Chairman of BUA Group, Alhaji Abdulsamad Rabiu, has thrown his weight and support behind the Dangote Cement reduction in the cost of bag of cement to N1000, a 40 per cent price cut announced yesterday. Rabiu said he has always been concerned ...

Dangote Sells Cement Only For N1,000 Per 50 Kg   NAIJ.COM
Dangote knocks down cement prices by 40%   BusinessDay
Dangote Slashes Cement Price to N1000/Bag   Nigerian Bulletin
THISDAY Live   
Vanguard   
all 21 news articles »   

  Nigerian Tribune   
CEOs' most important tasks  Nigerian Tribune
Guinness Nigeria Plc last week announced that its Managing Director/Chief Executive, Mr. Seni Adetu, who took over barely two and a half years ago, will be stepping down this month. This has thrown up some issues about the primary assignments of a CEO.
Guinness Posts N1.96 Billion Profit Before Tax in Three Months   Vanguard
Adetu: Drop in Disposable Income is Affecting Beer Industry   THISDAY Live
Celebration Galore for Adetu   AllAfrica.com
WorldStage   
all 7 news articles »   

  The Punch   
Nigeria's Transmission Grid not Competitive Enough Says Nebo  THISDAY Live
The Minister of Power, Prof. Chinedu Nebo has again declared that Nigeria's electricity transmission grid is far below what obtains in countries like China, India and the United States. Nebo said recently in Abuja that Nigeria's existing grid line has not been ...

Coal power plant to begin operation in 2015   The Punch
Coal to power, solution to pipeline vandalism —Nebo   Nigerian Tribune

all 3 news articles »   

  Ventures Africa   
Diamond Bank declares N20.18bn profit after tax  The Punch
Diamond Bank Plc on Monday declared a profit after tax of N20.180bn for the nine-month period ended September 30, 2014, representing a one per cent increase on the N20.050bn PAT it posted in the corresponding period of 2013. The bank said in a ...

Four Nigerian Companies Where CEOs Are Sons Of Founders   Ventures Africa
Dozie: Nigerians Transfer N80bn Daily   THISDAY Live
Nigerians transfer N80bn daily —Diamond Bank boss   Nigerian Tribune

all 7 news articles »   

  Wired   
Nigerian payment cards vulnerable to hackers abroad  BusinessDay
The failure of some more advanced economies to upgrade to the latest eletronic payment card technologies is causing Nigerian card holders to be vulnerable to hackers when they travel abroad, BusinessDay has gathered. Facts have emerged that hackers ...

Flaw in New 'Secure' Credit Cards Would Let Hackers Steal $1M Per Card   Wired
SmartMetric Says EMV Chip Cards Are Not the Secure Fortress Against Credit ...   CNNMoney
Don't Be Left Behind Your Competition: 3 Steps To Prepare For EMV   Business Solutions Magazine
Boston Globe   
all 8 news articles »   

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