2015年1月26日 星期一

2015-01-27 Nigeria Business


TheCable
   
Access Bank opens N52.6bn Rights Issue   
National Mirror
Access Bank Plc has secured approval of the Securities and Exchange Commission, SEC, to proceed with plans to raise N52.6 billion in a share sale as it pursues expansion and stronger cash reserves. The Right Issue opened yesterday on the Nigerian ...

SEC approves Access Bank's plan to raise N52.6b   The Eagle Online
SEC approves Access Bank's N52.6bn rights issue   TheCable

all 7 news articles »   


360Nobs.com
   
Naira closes at record low despite intervention   
Nigerian Tribune
THE naira ended at a record closing low on Monday, despite central bank intervention, as the currency continued to weaken on strong demand for the greenback, dealers said. The unit closed at N191.10, a new record low against the U.S. dollar, compared ...

Nigeria: Naira Drops To Record Low Against Almighty Dollar   360Nobs.com
Nigeria: Naira Hits Another Record Low Against Dollar   Nigerian Bulletin
Nigeria naira closes at record low, despite intervention   Reuters Africa
EconomyWatch.com   
Reuters   
all 21 news articles »   


The Punch
   
Petrol subsidy rises to N3.64 per litre   
The Punch
A week after the Federal Government announced the reduction of the pump price of petrol, subsidy on the product has increased to N3.64 from the N2.84 stated on January 16, 2015, statistics obtained from the Petroleum Products Pricing Regulatory Agency ...

Petrol marketers reluctant to sell N87 in Kano   News24 Nigeria
Is Fuel Price Now Deregulated?   Vanguard
Reduce Petrol Price Further   Business World
Premium Times   
AllAfrica.com   
The Tide   
all 30 news articles »   


The News
   
Bola Ahmed Tinubu: The chance of prosperity versus poverty of austerity   
DailyPost Nigeria
This serves as a companion to my recent commentary on slumping oil prices. As hoped, that prior intervention helped stir discussion on the critical issue of our economic wellbeing and the best policy direction to take in order to ensure that well-being. I would ...

Tinubu: Prosperity Versus Poverty of Austerity   The News
PDP: Presidency's Prudent Management of Economy is Reason why Nigeria is ...   Bella Naija
CNN Verdict an Affirmation of Global Confidence in the Country's Economy - PDP   AllAfrica.com

all 6 news articles »   


TheCable
   
CBN Jacks Up Weekly Dollar Sale to BDCs By 100 Per Cent   
AllAfrica.com
Sunday — The Central Bank of Nigeria (CBN) has increased the weekly sale of dollars to Bureau De Change (BDC) operators from $15,000 per BDC, to $30,000 per BDC in order to deepen the BDCs segment. In a circular titled: "Review of Weekly Foreign ...

CBN increases dollar supply to BDCs to $30000   Nigerian Tribune

all 11 news articles »   


The Punch
   
Investment in mutual funds hits N152bn   
The Punch
The President, Fund Managers Association of Nigeria, Mr. Michael Adebola, on Monday disclosed that N152bn had so far been invested by Nigerians in mutual funds. Adebola stated this when he led members of the FMAN to a meeting with the Acting ...

Investment in mutual funds hits N152bn in 6yrs — FMAN   Nigerian Tribune
SEC to release rules on capital market complaints   WorldStage

all 5 news articles »   


Times LIVE
   
Euro maintains gains, Asia stocks advance after Greek election outcome   
Economic Times
HONG KONG: The euro extended its gains against the dollar Tuesday while Asian equities climbed on hopes Greece's new government will be able to negotiate a bailout deal with the EU and IMF that will avoid it leaving the eurozone. Regional investors took ...

Greece debt repayment in full 'unrealistic' - Syriza   BBC News
PM congratulates new Greek premier   Belfast Telegraph
GLOBAL MARKETS-Asia shares mostly higher, euro steady as Fed meets   Reuters UK
THE BUSINESS TIMES   
all 6,263 news articles »   


Forbes
   
Billionaires Tony Elumelu And Aliko Dangote Launch The African Energy ...   
Forbes
Speaking at a high profile panel on energy at the 2015 annual meeting for the World Economic Forum in Davos, Switzerland, Nigerian billionaire and philanthropist Tony Elumelu emphasized the key priority for 2015 for Africa as “policy, policy, policy”.

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Nigerian Tribune
   
Cole - Banking Tears in a Cashless Society (1)   
The Guardian
THE banks depend on the GSM network, which has been glaringly inefficient and over subscribed, and shows no appetite for progress and efficiency because of a suspicious cosy relationship between the regulators and the GSM companies.
Sterling Bank evolving stronger   Nigerian Tribune

all 4 news articles »   


FMBN Pledges Proactive Housing Policies   
The Tide
Posted by admin on Jan 26th, 2015 and filed under Business. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed. The Federal Mort gage Bank of Nigeria (FMBN) has pledged to evolve proactive and ...


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