2014年11月24日 星期一

2014-11-25 Nigeria Business

  The Punch   
FG moves 5000MW target to January 2015  The Punch
The target to generate 5,000 megawatts of electricity has been moved to January 2015 by the Federal Government. The Minister of Power, Prof. Chinedu Nebo, said the inauguration of Gbarian Power Plant, Alaoji Power Plant and Omoku Power Plant would ...

FG reassures on gas availability for NIPP plants in 2015   National Mirror
Minister raises hope 5000MW generation by January, declaration of TEM in six ...   WorldStage
Nigeria Concludes Coal Power Plant Plan   Nigerian Bulletin

all 4 news articles »   

  The Hindu   
FG partners on-line retailers to market MSME products  Nigerian Tribune
In order to broaden market access to the products of Micro Small and Medium Enterprises (MSME), the Federal Government has collaborated with on-line retailers. Minister of Industry, Trade and Investment, Mr Olusegun Aganga, stated this on Monday while ...

Nigeria: FG plans to reduce electricity tariff for small businesses   WorldStage
TS links sops for mega projects to sourcing from MSME   The Hindu
Govt seeks states' comments on proposed amendments to MSME Act   Press Trust of India

all 8 news articles »   


How to reposition Nigeria as tourism destination, by Adesina, NGE president  Daily Sun
Government at all levels in Nigeria must prioritise tourism development as an alternative to oil, the singular resource the country's economy depends on. This advice was proffered in Osogbo, the Osun State capital at the weekend by Mr Femi Adesina, ...


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  Firstpost   
Bharti to sell over 4800 telecom towers in Nigeria for $1 billion  Firstpost
New Delhi: Bharti Airtel has sold over 4,800 telecom towers in Nigeria to American Tower Corporation, a joint statement by the companies said here Monday. According to a filing by American Tower in the United States Securities and Exchange Commission, ...

Bharti to sell Nigeria towers for $1bn   Times of India
Airtel sells towers in Nigeria   Calcutta Telegraph
American Tower Drops $1B On Nigerian Cell Towers   Law360 (subscription)
The Hindu   
Equity Bulls   
all 73 news articles »   

  Business Recorder   
Nigeria naira firms 1.5pc after oil companies sell dollars  Business Recorder
image LAGOS: Nigeria's naira firmed 1.5 percent during mid-day trade from its open, after two foreign oil companies sold the greenback to boost interbank market liquidity amid strong dollar demand, dealers said. The unit, which opened at 178.25 naira ...

Nigeria's naira hits record low before central bank decision   Reuters UK
Naira opens at record low of 178.25 against dollar   BusinessDay
Nigeria's naira opens at record low of 178.25 against dollar   Reuters Africa

all 11 news articles »   

  The Punch   
National debt rises to N10.8tn  The Punch
The total debt of the Federal Government, the 36 states of the federation and the Federal Capital Territory rose from N8.32tn on September 30, 2013 to N10.84tn on September 30, 2014. This means that the nation's total debt stock rose by N2.52tn or 30.29 per ...


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  The Punch   
Carlyle Group invests N25.5bn in Diamond Bank  The Punch
The Carlyle Group, a global alternative asset manager, had invested $147m (N25.519bn) in Diamond Bank Plc, the Nigerian lender said in a notice to the Nigerian Stock Exchange on Monday. Diamond Bank said the investment, which was made through the ...

Carlyle Bets on Mobile Money With $147m Stake in Nigerian Bank   Wall Street Journal (blog)
Carlyle makes maiden investment in Nigeria   Financial Times
Carlyle Group Buys Diamond Bank Stake for Nigerian Expansion   Businessweek
Interactive Investor   
all 8 news articles »   

  Nigerian Tribune   
ICT sector boosts FG's job creation efforts — NITDA boss  Nigerian Tribune
THE Information and Communication Technology (ICT) sector in the country has been adjudged as one of the biggest contributors to the Federal Government's efforts in job creation. This view was expressed by the Director General of the Nigerian Information ...

ICT to implement govt.'s digital economy policies   Thailand National News Bureau

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  The Punch   
Dangote, First Bank, others make Nigeria's top 100 companies  The Punch
Dangote Group, Chevron, MTN, First Bank Plc, Nigerian Breweries Plc, and Flour Mills made the list. The government said the Top 100 Companies Award, the first in the history of the country fixed for December 1, was aimed at encouraging performing ...

CEOs of top 100 firms in Nigeria to meet Jonathan on 2015 budget   Nigerian Tribune

all 3 news articles »   


Surveyors ask Dangote to sustain price slash  Nigerian Tribune
THE Nigerian Institute of Quantity Surveyors (NIQS) has called on all stakeholders in the building and construction industry to help in the sustenance of the slash in the price of cement as announced by the management of Dangote Cement Plc saying the ...


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