2015年3月30日 星期一

2015-03-31 Nigeria Business


The Punch
   
Diamond Bank records 10.7% dip in profit   
The Punch
Diamond Bank Plc has released its audited results for the 2014 financial year, which showed that the group witnessed a drop in profit. The results, filed with the Nigerian Stock Exchange on Monday, showed that the group's profit after tax had declined by 10.7 ...

Diamond Bank Records 12% Decline in Profit   THISDAY Live
Diamond Bank records 16.3% profit decline in 2014, proposes 10k dividend   WorldStage
Nigeria's Diamond Bank 2014 pretax profit falls 12 pct   Reuters

all 5 news articles »   


Daily Times
   
Dangote Boosts Senegal's Construction Sector, Introduces 42.5 Grade Cement   
Daily Times
Dangote Group has raised the scale of standards in Senegal's construction sector, with the introduction of the higher quality 42.5 grade cement into the African country. The company rolled out products from its $300 million Cement Plant in Senegal amidst ...

Dangote Commences Cement Exportation to Mali, Gambia, Others   THISDAY Live
Dangote Cement commences operations in Senegal and Cameroon   Global Cement
Dangote Cement's 2014 profit drops 21%   Nigerian Tribune
AllAfrica.com   
The Tide   
The Nation Newspaper   
all 14 news articles »   


The Guardian Nigeria
   
Japan emerges as biggest Asian investor in Nigeria   
BusinessDay
Over two thirds of all Japanese-led deals over the past decade have focused on Nigeria, says global law firm, Linklaters LLP. This would make Japan the biggest Asian investor in Nigeria. The firm further stated that Japan now ranks as the most active Asian ...

Sub-Saharan Africa: Bradley Brouwer, South African Tourism's President for Asia ...   International Meetings Review
Japan biggest Asian project finance sponsor in Africa   The Japan News
Japan called biggest Asian project finance sponsor in Africa   The Japan Times
The Guardian Nigeria   
all 6 news articles »   


Daily Times
   
Nigeria Sovereign Investment Authority Nets N15bn Income in 2014   
Daily Times
Nigeria Sovereign Investment Authority (NSIA), in a very impressive performance for 2014 notched N15billion in generated net income against a dismal N505 million for the preceding year (2013). MrUche Orji, The Managing Director, announced this while ...

No dividend on Sovereign Wealth Fund till 2017   The Punch

all 2 news articles »   


Daily Times
   
Total Rakes In $1bn From Oil Asset Divestment In Nigeria   
Leadership Newspapers
French oil major, Total, has earned about $1 billion from three divested exploration assets in Nigeria. The company also announced completion of divestment of its stake in onshore Oil Mining Lease (OML) 29 to Aiteo Eastern E&P, a Nigerian company, ...

Enhancing Local Capacity Through Operatorship of Oil Blocks   THISDAY Live
Total Completes $1 Billion Onshore Three OMLs Divestment   Daily Times
Total sells $1B worth of assets in Nigeria (TOT)   Seeking Alpha (registration)
Vanguard   
E&P   
all 43 news articles »   


The Guardian Nigeria
   
FG unlocks N1b special credit line for Lagos MSMEs   
The Guardian Nigeria
The Federal Government has unlocked a N1billion special credit line, through the National Enterprise Development Programme, for Micro, Small and Medium Enterprises and Cooperatives in Lagos State. The Minister of Industry, Trade and Investment, ...

NSIC signs MoU with Ministry of MSME for the Year 2015-16   Merinews
MSMEs Receive FG's N1bn Credit Facility   THISDAY Live
Odisha plans to increase OSIC turnover to Rs.1000 crore   Web India

all 17 news articles »   


Customs Today Newspaper
   
Fitch Rates DBS Bank's March 2030 Range Accrual Notes 'AA-(emr)'   
Reuters
(The following statement was released by the rating agency) SINGAPORE, March 30 (Fitch) Fitch Ratings has assigned DBS Bank Ltd.'s (DBS) USD20m 15-year callable range accrual notes due 31 March 2030 a rating of 'AA-(emr)'. The notes were issued on ...

Fitch retains BB-rating for Nigeria with negative outlook   Daily Sun
Fitch Affirms Home Capital's IDR at 'BBB-'; Outlook Stable   MarketWatch
Fitch Downgrades Greek Debt, Says Gov't Will Survive Liquidity Squeeze   Barron's (blog)
BusinessWorld Online Edition   
CNBC   
Financial Times   
all 106 news articles »   


Ward's Auto (subscription)
   
Oil-Patch Native Tells What's Behind Low Pump Prices   
Ward's Auto (subscription)
There's a lot of talk about oil economics and how low prices at the fuel pumps will affect the mix of vehicles sold. It seems apparent that small vehicles will need heavy incentives to keep the assembly lines running and to minimize CAFE fines. This will reduce ...

Price of Oil Unlikely to Fully Recover   MoneyExpert (blog)

all 5 news articles »   


TV360
   
Oil prices down as Nigeria awaits election results   
TV360
Oil prices fell for the second straight session on Monday as Nigeria, one of the largest exporters of oil awaited the release of official results from its tightly contested Presidential elections. Oil prices fell for the second straight session on Monday as Nigeria, one ...

Nigerian Bonds, Stocks Rally as Observers See Voting as Peaceful   Bloomberg
Nigerian stocks gain as buyers seek bargains before vote results   Energy Voice

all 6 news articles »   


UBA's loan book crosses N1trn mark   
BusinessDay
Last week, pan-African bank, United Bank for Africa plc (UBA) released its 2014 full-year results, which showed a 14 percent year-on-year growth in its loan book to N1.12 trillion in 2014. This is the first time the bank is crossing the N1 trillion mark in its loan ...

Analysts laud UBA as earnings rise to N290b   The Nation Newspaper
Eight Banks Grow Loans, Advances By 63% to N8.2tn   THISDAY Live

all 5 news articles »   

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