2014年12月12日 星期五

2014-12-13 Nigeria Business


Sections of East-west Road for Commissioning In Dec – FG   
Leadership Newspapers
The federal government has said that some completed portions of the 388km dualisation of the East-west carriageway project which is billed to attain 90 per cent completion will be commissioned by month end. The sum of N373.3 billion is budgeted for the ...


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Reuters Africa
   
Nigeria naira closes up 1.26 pct on cenbank intervention   
Reuters Africa
LAGOS (Reuters) - Nigeria's naira gained 1.26 percent against the dollar on Friday on the back of intervention by the central bank and dollar sales by a unit of Chevron. The local currency closed at 179.6 to the dollar, firmer than 181.90 the naira closed at the ...


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Bloomberg
   
Nigeria's Loss Is East Africa's Gain as Oil Prices Plummet   
Bloomberg
Investors targeting Africa are looking east as an oil-market rout depresses economic growth prospects in Nigeria and other crude-producing nations. Stocks have surged 22 percent in Tanzania, 18 percent in Uganda and 9.4 percent in Kenya (NSEASI) since ...

African Markets - Factors to watch on Dec 12   Reuters
Lessons for Nigeria in a changing world economy   Nigerian Tribune
BUSINESS DAY TV: Nigerian naira 'under pressure' as oil price takes a knock   BDlive

all 11 news articles »   


AsiaOne
   
Airlines unite against hackers   
The Australian
COMPUTER hackers and cyber-criminals are emerging as a major risk for airlines as the aviation industry moves to protect vulnerable systems from attack. The problem has become so serious that the International Civil Aviation Organisation this week said it ...

Cyber crime 'a threat to air safety'   micebtn
Hacking threatens airline safety: aviation chiefs   Yahoo! Maktoob News

all 35 news articles »   


The Punch
   
A jungle in the city: Story of a 500-room house where tenants live as prisoners   
The Punch
Covered in a stream of sweat as he made for the narrow entrance leading outside the block, Okoli Nwabueze (not real name), cursed and grumbled angrily. He was deep in slumber by the time the fan in his room stopped rolling that afternoon and so couldn't ...


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Ventures Africa
   
NLNG Woos Investors For Large Oil And Gas Vessel DockYard   
Ventures Africa
VENTURES AFRICA – Nigeria Liquefied Natural Gas Company (NLNG) is courting financial investors for the construction of a dry dock for the maintenance of large oil and gas vessels in Badagry, Lagos State. The public and private owned gas company say ...

Falling oil prices will not spur investment in gas unless …Experts   BusinessDay
Nigeria LNG rallies investors for new dockyard in Lagos   The Guardian Nigeria
N1.6 Billion Vessel Contract - NLNG to Build Dockyard in Nigeria   Vanguard

all 8 news articles »   


Mirror.co.uk
   
Coca-Cola Company Expands in Montgomery   
WVAS
Coca-Cola Bottling Company United is expanding its distribution operation into Montgomery with a $35 million dollar capital investment. The company recently purchased an 850,000 square-foot facility on Westport Boulevard where it will carry out sales, ...

Coca-Cola invests $35 million in Montgomery facility   Montgomery Advertiser
Coca-Cola Bottling Company UNITED expanding in Montgomery with $35 ...   AL.com
Montgomery Coca-Cola Bottling Company announces $35 million capital ...   WSFA
Birmingham Business Journal   
Ticker Report   
Motley Fool   
all 107 news articles »   


MarketWatch
   
The Odds Of An Emergency OPEC Meeting Are Going Up   
Seeking Alpha
Many investors seem convinced that Saudi Arabia is interested in a never-ending price war, but this makes zero business sense. Oil is a valuable resource that is not going to be pumped out at low prices forever. The global economy is much stronger than it ...

Brent hits five and a half year low of $63 on supply glut, demand woes   euronews
Oil plunges 3 percent to new five-year lows after bearish IEA outlook   GlobalPost
US crude drops below $59 to 5-1/2-year low on supply glut   CNBC

all 1,991 news articles »   


Airways News
   
Why Airbus Shares Dropped 18% After Investors Day   
Seeking Alpha
So far Boeing (NYSE:BA) and Airbus (OTCPK:OTCPK:EADSF/OTCPK:OTCPK:EADSY) stocks took a plunge in 2014. Boeing is set roughly 10% lower for the year, while Airbus stocks plunged as much as 34%. The main reason for Airbus to drop the last few ...

ANALYSIS: Boeing Cuts 747-8 Production Amidst VLA Weakness   Airways News (blog)

all 7 news articles »   


Ventures Africa
   
Worker Strike At Avocet's Inata Mine Comes To An End   
Ventures Africa
VENTURES AFRICA – Avocet Mining, an unhedged gold mining firm listed on the London Stock Exchange (LSE), on Friday said strike at its Inata Mine had come to end without any violent incident. It said the striking workers, who since 4 December this year ...


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