2015年2月25日 星期三

2015-02-26 Nigeria Business


CHANNELS TELEVISION
   
Senate probes N360bn MDAs' contingency funds   
The Punch
The Senate on Wednesday passed the Medium Term Expenditure Framework and Fiscal Strategy Paper on which the implementation of the 2015 budget was predicated. The senators, at a plenary presided over by the Senate President, David Mark, ...

Tumbling oil prices force Senate to cut Budget 2015   The Nation Newspaper
2015 budget: Senate probes N360bn Service Wide Vote   Daily Sun
MTEF: Senate to probe N360bn service wide votes   Nigerian Tribune
The Guardian Nigeria   
Osun Defender   
Premium Times   
all 9 news articles »   


The Punch
   
FEC approves $400m loan for Lagos, Osun, Rivers, Ogun   
National Mirror
Federal Executive Council, FEC, yesterday ratified presidential anticipatory approval of over $400 million foreign credit facilities for water and developmental projects in Lagos, Osun, Rivers and Ogun states. Briefing State House Correspondents at the end of ...

FEC approves over $400m loan for Lagos, Rivers, others   Daily Sun
FEC okays $400m foreign loans for Lagos, Rivers, Osun, Ogun, others   The Nation Newspaper
FEC approves $403m loan for Lagos, Rivers, Ogun, Osun •Okays 9 new private ...   Nigerian Tribune
Daily Times Nigeria   
The Punch   
all 13 news articles »   


The Nation Newspaper
   
Govt's revenue down 15% to N416b on oil price fall   
The Nation Newspaper
The Federal Government's gross government revenue fell 15 per cent to N416 billion in January due to weaker oil prices, the Accountant General, Jonah Otunla said yesterday. “There was substantial loss of revenue due to a further drop in the prices of crude ...

Nigeria cuts forecasts for oil price, currency for 2015   MarketWatch
Nigeria loses $159.88 Million in 2 Months from oil revenue   TV360
Devaluation, Oil-Induced Crisis Are New Opportunities for Forex Traders - Ahmad   The Guardian
Reuters Africa   
Daily Times Nigeria   
all 25 news articles »   


The Nation Newspaper
   
Investments in power sector hit N300b   
The Nation Newspaper
The Director-General, Bureau of Public Enterprises (BPE), Mr. Benjamin Ezra Dikki, has said over N300billion has so far been injected into the power sector by investors since the take-over, one and half years ago. Dikki, who made this known when he ...

Investors inject N300bn in electricity firms – BPE   The Punch
Over N300bn injected into power sector in 18 months —BPE   Nigerian Tribune
Firms inject N300b fresh fund into power sector   The Guardian Nigeria
WorldStage   
National Accord   
all 6 news articles »   


SaharaReporters.com
   
Anti-graft: Okonjo-Iweala's Indictment of EFCC/ ICPC And Matters Arising By ...   
SaharaReporters.com
When the Minister of Finance, Ngozi Okonjo-Iweala, on Tuesday 17 February 2015 at the Catholic Caritas Foundation Forum in Abuja said corruption has persisted in Nigeria because the country lacked the institutions, systems and processes to prevent it, she ...


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NSE index gains 0.17% as 21 stocks rise   
The Punch
The equities segment of the Nigerian Stock Exchange closed on a positive note for the eighth straight session on Wednesday with the main market indicators appreciating marginally. The NSE All-Share Index, for instance, rose by 0.17 per cent or 49.96 basis ...


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The Punch
   
NIMASA Canvasses Sustained Capacity Building in Maritime Sector   
The Guardian
THE Nigerian Maritime University (NMU) will produce high-level manpower for the maritime/shipping sector on a sustainable basis, Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi has said. According to ...

APC Campaign Wants FG, NIMASA To Explain N52bn Cabotage Fund   Information Nigeria
APC queries NIMASA on $800m Cabotage funds   WorldStage
Buhari Wants FG, Nimasa to Explain N52 Billion Cabotage Fund   Daily Trust
Daily Times Nigeria   
The Punch   
The Guardian Nigeria   
all 14 news articles »   


Customs Today Newspaper
   
Nigerian pre-tax profit fall 6.1% as 24.44 billion in FY 2014   
Customs Today Newspaper
LAGOS: The country's 2014 full year pre-tax profit fell 6.1 per cent to 24.44 billion naira (121.59 million US dollars), Nestle Nigeria said its. This was compared with 26.04 billion naira a year earlier. Revenue however rose to 143.32 billion naira, from 133.06 ...

Nestle Nigeria 2014 full year pre-tax profit falls 6.1 pct   Reuters

all 9 news articles »   


Konga giving up to 70% off in the TGIPayday Promotion   
DailyPost Nigeria
TGIPAYDAY There has always been a bitter-sweet feeling associated with payday. There is the happiness of having money in the bank which gives spending power but a lot of the time, there is already a long list of needs waiting to be met from the same ...

Konga.com Giving Up To 70% Discount For TGIP   NAIJ.COM

all 2 news articles »   


'Investors Switching into Forward Speculation on Naira'   
THISDAY Live
More foreign investors are switching out of Nigerian bonds into forwards speculating on the naira's future value, a report has stated. For instance, Bloomberg cited the case of Bryan Carter, who oversees almost $500 million for Acadian Asset Management ...


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