2014年12月1日 星期一

2014-12-02 Nigeria Business


The Guardian Nigeria
   
Poor Power Supply: Prof. Nebo Seeks Capital Market's Intervention   
Nigerian Bulletin
Nigeria's Minister of Power, Professor Chinedu Nebo, has requested the assistance of the Nigerian capital market to address challenges the country is facing in power generation and distribution. Speaking at the closing ceremony of the fourth Capital Market ...

Ministry Seeks Capital Market Intervention to Improve Power Supply   AllAfrica.com

all 5 news articles »   


The Punch
   
TEF commits $100m to train entrepreneurs   
The Punch
The Tony Elumelu Foundation says it is committing $100m in a Pan-African entrepreneurship initiative, which is aimed at providing training, funding, and mentoring to empower the next generation of African entrepreneurs. The Tony Elumelu Foundation ...

Elumelu Foundation launches $100m scheme   The Nation Newspaper
Elumelu Foundation launches $100m entrepreneurship initiative   Nigerian Tribune
Elumelu offers $100m to empower African youths   National Mirror
The Guardian Nigeria   
WorldStage   
AFKInsider   
all 13 news articles »   


spyghana.com
   
The 'play boy' days may soon be over   
BusinessDay
In the past few months, there has been a gradual decline in the prices of crude oil in the international market and this has been a source of concern to economists and financial experts in the country. As I write, the price of crude oil in the international market is ...

Nigerian naira at record low close well below new target band despite intervention   Reuters Africa
Naira Drops to Record as Nigeria's Bond Yields Climb on Oil Woes   Businessweek

all 30 news articles »   


Equities gain 1.8% in one week   
National Mirror
The benchmark index of equities turned green last week, as investors traded 2.092 billion shares worth N28.2bn in 22,865 deals, compared to 1.359 billion shares valued at N14.5bn exchanged in 20,844 deals the preceding week. The lead indicator ...


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Daily Sun
   
Banks shun MSMED fund over low interest margins   
Daily Sun
Indications emerged yesterday that commercial banks are unwilling to key into the Central Bank of Nigeria (CBN's) N220 billion Micro, Small and Medium Enterprises Development (MSMED) fund due to the low margins accruable from the transaction.

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'Lagos contributes N54.04b to pension scheme'   
The Guardian Nigeria
THE Lagos State Government has contributed N54.04 billion, being the monthly deduction of 7.5 per cent from the salary of every employee and the counterpart 7.5 per cent contribution by the State Government into the Retirement Savings Account (RSA) of ...


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The untold story of fuel subsidy   
BusinessDay
Last Wednesday, BusinessDay reported that weak oil prices present Nigeria a rare opportunity to totally eliminate the fuel subsidy that had been fuelling corruption and brazen impunity in the country. The report further stated that at the international oil price of ...


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Construction professionals want strict sanctions for failed buildings contractors   
BusinessDay
Despite contributing a little above 3 percent of Nigeria's Gross Domestic Product (GDP) in the third quarter of 2014, the building and construction industry continues to be rattled by some challenges, one of which is the frequent cases of building collapse or ...


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Dallas Morning News
   
Brent slips below $72 after sharp rally in volatile market   
Reuters UK
SINGAPORE, Dec 2 (Reuters) - Brent crude slipped below $72 a barrel on Tuesday, giving up some of the gains seen on Monday when prices rallied for the first time in six sessions and closed up more than 3 percent. Oil futures on both sides of the Atlantic ...

Oil price plunges to hurt state budget   Jakarta Post
Oil takes breather in Asian trade   Business Recorder
Beating for KLSE and ringgit   AsiaOne
Washington Post   
Gulf Daily News   
all 785 news articles »   


'Mobile money operators to re-capitalise to N2bn by Jan 2016'   
Nigerian Tribune
The Central Bank of Nigeria (CBN) has set January 1,2016 deadline for mobile money scheme operators in Nigeria to increase their shareholders' fund unimpaired by losses from N20 million to N2 billion. The bank said it might, in the event of violations to the ...


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