2014年11月20日 星期四

2014-11-21 Nigeria Business

  Leadership Newspapers   
Naira falls to record low as Nigeria stocks decline  BusinessDay
The nation's currency, the naira, continued its falling spree yesterday as it went down 1.2 percent to N176 per dollar, making the fourth day of decline. This is against N174.15 that it exchanged the previous day. The Nigerian Stock Exchange All Share Index ...

Naira Falls To Record Low, Sells At N183 At BDCs   Leadership Newspapers
CBN intervention fails as naira crashes to N176   The Punch
Naira hits new low of N176 to dollar   The Nation Newspaper
Financial Times   
Reuters   
Independent Online   
all 18 news articles »   

  The Guardian Nigeria   
Drop in oil price hits excess crude account —fg  Nigerian Tribune
Drop in the price of crude oil is affecting revenue inflow into the excess crude account, which now stands at $4.1 billion, the National Economic Council (NEC) has learnt. Coordinating Minister of the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala, ...

Oil Price Slump: FG to Increase Taxes, IGR   THISDAY Live
National Economic Council seeks harmonisation of tax, levies across Nigeria   WorldStage
NEC demands review of tax harmonisation Act   The Guardian Nigeria

all 6 news articles »   

  DailyPost Nigeria   
Fight erupts between customs officers, agents at Lagos Airport  DailyPost Nigeria
GTY_lagos_airport_sk_140908_16x9_608 Officials of the Nigeria Customs Service, NCS, and members of the Association of Nigeria License Customs Agents, ANLCA, yesterday threw decorum to the winds by engaging in a free-for-all at the Murtala ...

Tension At Lagos Airport   NAIJ.COM
Shoot out at Lagos Airport as Customs Battle Clearing Agents   Nigerian Bulletin
Customs officers, clearing agents clash at Lagos Airport   The News

all 13 news articles »   

  The Punch   
Fiscal commission kicks against $73 oil benchmark  The Punch
An oil refinery in Port Harcourt. Inset: Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. Against the backdrop of falling oil prices, the Fiscal Responsibility Commission has kicked against the proposal to set the 2015 budget benchmark for crude ...

Fiscal commission suggests $60 p/b oil benchmark for 2015 budget   The Guardian Nigeria

all 2 news articles »   

  Daily Sun   
Nigerian tycoons lead Africa's 50 richest in 2014  Daily Sun
For the first time in the four years that FORBES has been tracking Africa's richest, Nigeria beats South Africa. At the top yet again cement tycoon Aliko Dangote of Nigeria is joined on the list of Africa's 50 Richest by 12 other countrymen. In comparison South ...

Nigeria's industrial revolution pinned on oil to gas policy shift   BusinessDay

all 8 news articles »   

  Leadership Newspapers   
Oil, Gas Producers, Exporters Owe FG N55bn Statutory Fees  Leadership Newspapers
The oil and gas producers and exporters in Nigeria owe the federal government total statutory fees of N55 billion ($300million) since 2012. The chief executive officer of Nigerco Nigeria Limited (NNL), consultant to the federal ministry of industry, trade and ...

FG moves to recover $279m debt by oil companies   The Punch

all 3 news articles »   

  The Nation Newspaper   
Shell earns $600m from Nigerian asset's sale  The Nation Newspaper
Royal Dutch Shell said it has raised $600million from the sale of its interest in an oil field in Nigeria as part of its ongoing two-year disposal programme. The Shell Petroleum Development Company of Nigeria (SPDC) has divested a 30 per cent interest in Oil ...

Shell concludes $600m Nigerian oil field deal   The Punch
Initiating Coverage Of Shell: $76.50 Trefis Price Estimate   Trefis
Shell (ADR) (RDS.A) Sells Off More Assets In Nigeria   Bidness ETC
Premium Times   
Law360 (subscription)   
all 43 news articles »   

  BusinessDay   
China secures $12 billion railway deal with Nigeria  China Economic Review
China Railway Construction Corp (1186.HKG) signed a US$12 billion deal with Nigeria yesterday to build an inter-city railway, China's biggest overseas engineering contract to date, South China Morning Post reported, citing state media. A 1,402km railway ...

China bags Nigerian rail contract worth $12 bn   Big News Network.com
Chinese Firm Signs $12bn Deal to Build Lagos-Calabar Railway Line   THISDAY Live
Nigeria awards China $12bn railway contract   Nigerian Tribune
Zee News   
Construction Global   
all 55 news articles »   


Shareholders set to decide on Nigerian Breweries – Consolidated Breweries ...  BusinessDay
Come 4th December 2014, shareholders of Nigerian Breweries plc and Consolidated Breweries Limited, will be headed for separate court-ordered meetings to decide on a proposal to combine the operations of the two companies into a single legal entity.
'International Breweries Likely to Face Headwinds'   THISDAY Live

all 3 news articles »   


Entrepreneurs and personal finances  BusinessDay
November 19th 2014 was Women's Entrepreneurship Day (WED) founded by Wendy Diamond, in partnership with Global Entrepreneurship Week (GEW). The day provides an opportunity to celebrate, engage and empower female entrepreneurs. Sadly, in ...

The Hope Factory to celebrate, empower entrepreneurs with new partnerships   Ventureburn
Laurier celebrates Global Entrepreneurship Week   Exchange Morning Post (press release)
Global Entrepreneurship Week kicked off in Almaty   Journal of Turkish Weekly

all 4 news articles »   

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