2014年11月23日 星期日

2014-11-24 Nigeria Business

  Daily Sun   
Oshikoya: Shared prosperity: Algeria versus Nigeria  The Guardian Nigeria
“Regardless of how fast GDP grows, an economic system that fails to deliver gains for most of its citizens, and in which a rising share of the population faces increasing insecurity is, in a fundamental sense, a failed economic system. And policies, like austerity, ...

OIL PRICE CRASH: Tough times here again for Nigerians   Daily Sun
FG's Therapy for Oil Shock Attracts Divergent Views from Experts   THISDAY Live
Olusegun Agangu, Minister of Trade & Investment   Nigerian Observer
Leadership Newspapers   
Codewit World News   
AllAfrica.com   
all 8 news articles »   

  The Punch   
Naira falls by 10.5% to N177  The Punch
The naira has fallen further against the dollar to a new low of N177.45, bringing the total value loss by the local currency this year to 10.5 per cent. The national currency has been under persistent pressure since June when the global oil prices started ...

Travails of the naira fuel uncertainty   BusinessDay
Insurgency, 2015 election, oil shock hit financial market, says WSTC   The Guardian Nigeria
Foreign investors pulled $584 million out of Nigeria's stock market in October   Business Recorder
Nigerian Bulletin   
all 6 news articles »   

  Daily Sun   
No easy choices as Emefiele chairs MPC with eye on OPEC  BusinessDay
Godwin Emefiele who chairs the Central Bank of Nigeria (CBN), two day Monetary Policy Committee (MPC), meeting starting today (Monday 24), will have a difficult decision to make, regarding a possible interest rate hike and tighter monetary policy, as a ...

CBN to evaluate Naira performance as MPC kicks off today   Daily Sun
MPC: Increase in CRR Inevitable, Say Access Bank, Afrinvest, Others   Codewit World News

all 4 news articles »   

  Daily Sun   
UBA Introduces Foreign Currency Transfer on Online Banking Platform  THISDAY Live
The United Bank for Africa Plc (UBA) has announced the introduction of forex transfer capability on its online banking platform, U-Direct. The new service allows the bank's customers to transfer funds from their domiciliary account to any account in the world ...

UBA Ruby Account offers more perks for women, introduces priority pass   BusinessDay
UBA introduces online foreign currency transfer   Daily Sun

all 3 news articles »   

  The Nation Newspaper   
Fed Govt misses 5000mw target  The Nation Newspaper
The Federal Government may have failed to meet its target of generating 5,000mw of electricity by year end. Barely 37 days to end the year, the government is generating only 3,750.73megawatts. It is unable to fully distribute all of it as 79mw is “stranded”.
Vandalism, corruption frustrating power sector reforms – Neil Croucher, Abuja ...   Daily Sun

all 2 news articles »   


BOI signs agreement to improve SMEs access to loans  Nigerian Tribune
LOANS to Small and Medium Scale Enterprise (SMEs) account for less than 10 per cent of the Bank of Industry's (BOI) total loan portfolio. One of the main factors responsible for the current low level of financial support to SMEs is the fact that their business ...

SMEs: BOI appoints 122 business devt service providers   Daily Sun

all 2 news articles »   


Banks tasked on IT investments ahead of traditional banking extinction  The Guardian Nigeria
IN order not to be caught unawares, banks in Nigeria have been tasked to become more innovative in their operations ahead of forecast that by 2025 to 2030 traditional banking will go into extinction. For effect and to remain afloat, experts urged banks in the ...


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'Entrepreneurs are drivers of economies anywhere in the world'  BusinessDay
Joseph Ezigbo and Audrey Joe-Ezigbo, co-founders and executive directors, Falcon Corporation Limited, co-winners of the emerging entrepreneur category of the Ernst & Young West Africa Entrepreneur of the Year 2014 award, spoke with Josephine Okojie ...

Falcon Corporation's MD, Executive Director Bag Ernst & Young Entrepreneur ...   THISDAY Live

all 3 news articles »   


Diamond Bank's rights issue 100% subscribed  BusinessDay
Diamond Bank recently published the results of its $310 million rights issue, recording 100 percent subscription, as 8,685 million ordinary shares were issued, raising the bank's current number of outstanding shares to 23.160 billion. If the FY2013 published ...

STATUS REPORT: Diamond Bank to Increase Focus on SMEs   THISDAY Live

all 2 news articles »   

  The Punch   
Fact finding committee demands action against Customs officials  The News International
KARACHI: A fact finding committee, constituted by the Federal Board of Revenue to fix responsibility on officials for illegal clearance of 50 containers from the Port Qasim, has recommended disciplinary action against the senior management of Pakistan ...

Customs to destroy 200 unclaimed containers   The Punch
Activities at Karachi and Qaim ports   Business Recorder

all 3 news articles »   

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