2014年11月19日 星期三

2014-11-20 Nigeria Business

  The Guardian Nigeria   
FG cuts 2015 budget by N146 bn to N4.661trn in new MTEF to Senate  BusinessDay
A revised 2015-2017 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) of N4.661 trillion budget estimate for 2015 fiscal year was yesterday submitted to the Senate by the Federal Government. The budget which is in line with ...

Jonathan proposes N4.661tn for 2015 budget   The Punch
Revenue shortfall: $4bn oil savings may be wiped out •As FG cuts 2015 budget ...   Nigerian Tribune
2015: FG adjusts, cuts budget to N4.661trn, pegs dollar at N162   Daily Sun
National Mirror   
The Guardian Nigeria   
The Nation Newspaper   
all 7 news articles »   


Flour Mills out with multi-purpose flour, 10 % cassava flour  BusinessDay
In actualisation of the Federal Government's cassava transformation agenda and the cassava inclusion policy in bread flour, Flour Mills plc on 17th November, 2014 introduced a new product in the baking segment with the launch of Golden Penny ...

Consumption of cassava bread saves N187bn annually —FG   Nigerian Tribune
Honeywell Lauds FG's Initiative On Cassava   Leadership Newspapers

all 5 news articles »   

  CHANNELS TELEVISION   
FEC okays N272m consultancy contract for Abuja rail system  Nigerian Tribune
THE Federal Executive Council (FEC), on Wednesday, approved a N272 million contract for consultancy services for the feasibility study and conceptual design of Lots 4, 5 and 6 of the Abuja Rail Mass Transit System. President Goodluck Jonathan presided ...

FEC Approves Abuja Rail System Network Contract   CHANNELS TELEVISION
Motorcyclists Constitute Security Risk – FCT Minister   Leadership Newspapers
Nigeria: FG approves N272m for Abuja Rail Mass Transit's feasibility study   WorldStage
Daily Sun   
Premium Times   
all 10 news articles »   

  The Punch   
Market capitalisation falls by N251bn  The Punch
Consequently, the market capitalisation of the listed equities fell by N251bn or 2.17 per cent to close at N11.313tn, as against the 1.65 per cent drop it recorded on Tuesday to close at N11.564tn. In the same vein, the Nigerian Stock Exchange All Share Index ...

Stock Market Transactions Ends On Downward Trend   Leadership Newspapers
Bearish trading continues as NSE shaves off 2.17%   Nigerian Tribune

all 3 news articles »   

  The Punch   
Naira crashes further to N174  The Punch
The naira on Wednesday crashed further against the dollar for the third consecutive time this week at the interbank market as it fell to a new low of N174.15 at the close of trading. The naira, which closed at N169 on Friday, had crashed to N173.20 and ...

TROUBLE: Naira Depreciates Further Against Foreign Currencies   NAIJ.COM
Naira in Free Fall Against Dollar   Vanguard

all 3 news articles »   

  The Punch   
CBN seeks NIMC, stakeholders collaboration to deepen credit bureau market  BusinessDay
Following the country's low coverage of credit reporting, the Central Bank of Nigeria (CBN) has sought the collaboration of the National Identity Management Company (NIMC) and stakeholders to deepen the credit bureau market. Despite the fact that Nigeria ...

CBN, credit bureaux mull framework to improve lending to small businesses   The Guardian Nigeria
Emefiele opens credit reporting conference   Daily Sun
Emefiele to Open Credit Reporting Forum Today   The Guardian

all 8 news articles »   

  The Punch   
GE Engine Sales And Service Agreement  Diesel & Gas Turbine Worldwide
GE's Distributed Power business has signed IGPES Gas & Power Ltd. to serve as the new authorized distributor and service provider for GE's Waukesha gas engines and genuine parts in Nigeria. IGPES Gas & Power is a subsidiary of IGPES Ltd., a wholly ...

CBN earmarks N213bn for electricity market stabilization   Premium Times
Nigeria clears $230 mil debt owed to oil firms for gas supply to power sector   Platts
Respite as CBN kickstarts disbursement of N213bn fund to boost power sector ...   BusinessDay
THISDAY Live   
Vanguard   
Leadership Newspapers   
all 46 news articles »   

  The Guardian Nigeria   
Ghana plans electricity supply to Nigeria, Ivory Coast, others  The Guardian Nigeria
IN a paradoxical turn of events, Ghana may soon become a net importer of electricity to Nigeria, going by its current plan to raise its generating capacity. Indeed, the Ghanaian government has unveiled plans to increase electricity generation from the current ...

Ghana Must Come By Rudolf Ogoo Okonkwo   SaharaReporters.com
Ghana Indicts Nigeria for Breach of Gas Supply Contract   Vanguard

all 5 news articles »   

  Leadership Newspapers   
Nigeria Plans New Frontier for U.S.$32 Billion Telecoms Sector Investment  The Guardian
Nigeria is again set to leverage the opportunity provided by the International Telecommunication Union (ITU) Telecom World 2014 where the country will further showcase the huge investment potentials in the country's bourgeoning telecoms industry to global ...

FDI: Jonathan Scores Self Highest in Nigeria's History   THISDAY Live
ICT Contributes 10.56% To Nigeria's GDP In 2013 – Jonathan   Leadership Newspapers

all 11 news articles »   

  The Guardian Nigeria   
How to hold council officials accountable, by ICPC  The Guardian Nigeria
CHAIRMAN of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Mr. Ekpo Nta has suggested ways by which local government officials can be held accountable in the discharge of services to the public. One of the ways, ...

ICPC boss, 255 others bag NDDC Awards   WorldStage

all 3 news articles »   

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