2014年12月2日 星期二

2014-12-03 Nigeria Business

  Leadership Newspapers   
Banks deposit N368b with CBN to meet policy demand  The Nation Newspaper
BANKS have deposited N368 billion with the Central Bank of Nigeria (CBN) in fulfilment of the requirement of the 20 per cent cash reserve ratio (CRR). The CBN raised the CRR on private sector deposits from 15 to 20 per cent last week. CRR is a portion of ...

Why CBN increased monetary policy rate to 13%   BusinessDay
Respite for the Naira?   THISDAY Live
Mobile Banking Transactions Hit N430 Billion   AllAfrica.com
Daily Sun   
Nigerian Tribune   
all 11 news articles »   

  Leadership Newspapers   
Equities Value Falls By N120bn  Leadership Newspapers
The Nigerian Stock Exchange (NSE) closed on a negative note on Tuesday as the market capitalisation of the listed equities fell by N120 billion or 1.07 per cent from N11.196 trillion to N11.077 trillion. Also, the NSE All Share Index declined by 1.07 per cent or ...

Market Slides Further as Bears Consolidate Control   THISDAY Live
NSE index drops by 1.07% with FBN Holdings, GTBank, UBA most traded   WorldStage

all 4 news articles »   

  Leadership Newspapers   
Naira Closes At N181 To The Dollar  Leadership Newspapers
The naira gained strength against the dollar yesterday after the value of the greenback dropped on the global market and demand for local currency surged ahead of the Wednesday treasury bills sales. At the interbank, the value of the naira moved from ...

CBN intervention raises naira to N181   The Punch
Nigerian central bank steps up support to lift naira to near target band   Reuters
Nigeria's naira spikes higher after central bank intervention   Reuters Africa
BusinessDay   
Nigerian Bulletin   
StarAfrica.com   
all 44 news articles »   

  The Nation Newspaper   
Stallion Group in Top 100 Businesses list  The Nation Newspaper
Multinational conglomerate, Stallion Group was honoured yesterday by President Dr Goodluck Jonathan as one of the top companies that have contributed immensely to the economic development of the country. The Top 100 Business list, which is the first in ...

FG lists Stallion Group among Nigeria's top businesses   Daily Sun

all 3 news articles »   

  The Punch   
Elumelu launches million dollar entrepreneurship initiative  CNBCAfrica.com
The Tony Elumelu Foundation launched a 100 million dollar Pan-African entrepreneurship initiative which aims to identify and grow an initial 10,000 start-ups and young businesses from across Africa over the next 10 years. The entrepreneurship programme ...

Top African entrepreneur Tony Elumelu raises hope of African youths   Daily Sun
Are African Entrepreneurs Prepared For The Industrial Leap?   Ventures Africa
Tony Elumelu Gesture Highly Encouraging   AllAfrica.com
Daily News   
Nigerian Tribune   
The Guardian   
all 35 news articles »   


RMB sees Nigeria's creative industry as catalyst to economic growth  BusinessDay
In a clear move to replicate feats already achieved in South Africa's creative arts sector, Rand Merchant Bank (RMB) Nigeria Limited has unveiled a new partnership with the Nigeria Theatre Society, aimed at harnessing the immense potentials of the country's ...


and more »   

  The Guardian Nigeria   
Made-in-Nigeria OEM Manufacturing underway for the Oil and Gas Industry  BusinessDay
As government revenues decline on the back of falling crude oil prices, efforts are underway in the oil and gas to diversify the industry through value-added manufacturing. This is a part of efforts to deepen local content and indigenous participation in the oil ...

Build your ships locally   TradeWinds (subscription)
Falling Oil Prices Will Not Affect Nigerian Content, Says Nwapa   THISDAY Live
Nigeria bans importation of vessels without local content   The Guardian Nigeria

all 10 news articles »   


Ecobank Supports Delta State University  THISDAY Live
Ecobank Nigeria said it recently handed over a multi-million naira hostel complex to the Delta State University, Abraka as part of its corporate social responsibility (CSR). The Executive Director, South South and South East, Ecobank Nigeria, Mr. Kingsley ...

Ecobank hands over N75m hostel to Delta State University   BusinessDay

all 2 news articles »   


Phone scammers net £23.9m in a year  The Punch
The amount of money lost to phone scammers has tripled in a year, prompting a major awareness campaign, the British Broadcasting Corporation reported on Tuesday. RrAn estimated £23.9m has been tricked out of unsuspecting victims in the last year, ...


and more »   

  Reuters Canada   
Oil rebounds 1 percent after sharp losses; US data supports  Reuters Canada
SINGAPORE (Reuters) - Oil rebounded more than 1 percent on Wednesday, with Brent rising above $71 a barrel, recouping some of its losses from the previous session as a turbulent market struggled to find a price floor. The market has swung through sharp ...

Oil rebounds amid speculation losses on OPEC decision excessive   BusinessWorld Online Edition
Why is Saudi Arabia using oil as a weapon?   BBC News
Our energy boom: Market currents   Tribune-Review
Irish Times   
Herald Scotland   
BusinessDay   
all 1,337 news articles »   

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