2014年11月14日 星期五

2014-11-15 Nigeria Business

  The Guardian Nigeria   
Guinness gets approval to pay N4.8bn dividend  The Punch
Guinness Nigeria Plc on Thursday got the approval of its shareholders for the payment of N4.8bn as dividend, representing N3.20 per ordinary share, for the financial year ended June 30, 2014. The approval for the payment of the dividend, which starts today ...

Rising profile of Guinness' fortunes will be sustained after my exit, says Adetu   The Guardian Nigeria

all 2 news articles »   

  Ventures Africa   
Nigeria, Other Oil Producers Should Spend Less And Diversify More  Ventures Africa
VENTURES AFRICA – Nigeria and other African oil producing countries need to adopt cost efficient measures to mitigate the effects of the declining prices of crude oil on their economies. Minister of Finance and Coordinating Minister of the Economy, Dr.
Okonjo-Iweala says impact of falling oil prices will be felt from November   DailyPost Nigeria
Tough times here, warns Okonjo-Iweala   The News
Tougher Times Ahead, Says Okonjo-Iweala   Osun Defender
BusinessDay   
Nigerian Tribune   
all 16 news articles »   

  Leadership Newspapers   
Cement Price Reduction Will Not Kill Competition – Dangote  CHANNELS TELEVISION
Devakumar Edwin. The Dangote Cement company says the cement bag cost price reduction was not meant to kill competition in the sector but to ensure that cost of building in Nigeria is gradually reduced. The Group Managing Director of Dangote Cement, ...

NSE All Share Index rises 2.51%, as Dangote Cement, Ikeja Hotel, RT Briscoe ...   WorldStage
Cadbury, Dangote Cement, Unilever, others drive stock market 1.61% gain   BusinessDay
Elumelu, Dangote Call for More Local Participation in the Oil and Gas Industry   THISDAY Live
Daily Times Nigeria   
all 17 news articles »   


Nine states access N220bn SMEs fund  The Punch
The Federal Government on Thursday said nine states have so far accessed the N220billion Small and Medium Scale Enterprise floated by the Central Bank of Nigeria. Minister of Industry, Trade and Investment, Dr. Olusegun Aganga, disclosed this to State ...


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  Business Recorder   
Nigeria's naira trading outside central bank's band despite interventions  Business Recorder
image LAGOS: Nigeria's naira firmed 0.88 percent on Friday, after the central bank stepped up dollar sales to try to support the currency, under pressure as the price of oil, the country's main revenue earner tumbled to a four-year low. However, although the ...

Flailing Naira: CBN Asks Banks to Bid for Dollars   Nigerian Bulletin
Nigeria battles looming currency crisis   BusinessDay
Nigeria c.bank asks lenders to bid for dollars in attempt to prop naira   Reuters Africa
Wall Street Journal (blog)   
Daily Sun   
Financial Times   
all 60 news articles »   

  The Nation Newspaper   
Navy destroys 50000-litre-capacity refineries  The Nation Newspaper
OPERATIVES of the Nigerian Navy in Rivers State have destroyed two illegal 50,000-litre refineries producing N8 million worth of diesel daily. The Base Operations Officer of the Nigerian Navy Ship (NNS) Pathfinder, Rumuolumeni, Port Harcourt, Cdr. Chindo ...

Navy destroys illegal 50000-litre capacity refineries   Nigerian Tribune

all 3 news articles »   

  Sydney Morning Herald   
Oil and the economy  The Star Online
THE International Energy Agency says at least 3% of global oil production is vulnerable to cuts if crude oil prices dropped below US$80 a barrel. Among those listed to be at risk is production of 85,000 barrels a day in shallow waters off the coast of Malaysia.
Decrease in oil prices leads to speculation that Opec will curb output   Irish Examiner
Oil 'price rout' not over, says IEA   DAWN.com
Lower oil prices affect Iran's economy   CCTV-America
Tribune-Review   
San Antonio Express-News   
Sky News Australia   
all 812 news articles »   

  Newsweek   
Amnesty: False Claims in Shell Nigeria Spill  Big News Network.com
ABUJA - In Nigeria, Shell oil company is under fire once again after Amnesty International publicized court documents saying the company under-reported the size of two 2008 oil spills in the Niger Delta. Since 2011, Shell has been fighting a lawsuit by 15,000 ...

'Shell was told to replace pipeline six years before Nigeria oil spills' - court docs ...   Irish Independent
Shell challenges Amnesty International oil spill report   UPI.com
Amnesty accuses Shell of knowing pipes were faulty before two oil spills   BusinessDay
Aljazeera.com   
RT   
all 62 news articles »   

  CHANNELS TELEVISION   
House Summons Minister, Others Over Housing Scheme Financing Issues  CHANNELS TELEVISION
Housing-nigeria The House of Representatives in Nigeria has summoned the Minister of Finance and the Managing Director of the Nigeria Mortgage Refinancing Company over the Federal Government Workers' Housing Scheme, which is alleged to be ...


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  Nigerian Tribune   
10 years on, defunct Nigerian Airways workers suffer still  Nigerian Tribune
The state of the members of staff of the liquidated Nigerian Airways has gone from critical to catastrophic. Victor Ogunyinka attended one of their recent meetings and reports on their conditions after 10 years without their entitlements. “My son, please give me ...


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