2015年4月13日 星期一

2015-04-14 Nigeria Business


Leadership Newspapers
   
NERC Justifies Joint Design Electricity Tariff   
THISDAY Live
Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, has said the agency's decision to initiate and sanction a joint tariff design process by electricity consumers and distribution companies was based on three key reasons.
Electricity Company Says No Tariff Reduction For Residential Customers   Leadership Newspapers

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Diamond Bank records 15% profit drop in Q1   
The Punch
Diamond Bank Plc suffered a 15.1 per cent decline in its profit after tax for the first quarter of 2015, the bank's financial statements for the period, which were filed with the Nigerian Stock Exchange on Monday, showed. The statements for the three-month ...

Nigeria's Diamond Bank says Q1 profit falls 9.5 pct   Reuters
Diamond Bank grows profit by 12% in Q1 2015   WorldStage
Diamond Bank pre-tax profits fall   Interactive Investor

all 7 news articles »   


The Guardian Nigeria
   
Govt receives N9.6 trillion from Shell in four years   
The Guardian Nigeria
The Shell Petroleum Development Company of Nigeria Limited (SPDC) paid $48 billion (N9.6 trillion) revenues to the Nigerian government from 2010 to 2014. Also, the company paid $3 billion (N600 billion) share of royalties and taxes to the Nigerian ...

FG earns N9.4tn from Shell in five years   The Punch
Shell Anticipates $15Bn Revenue From Asset Divestment In 2015   Leadership Newspapers

all 4 news articles »   


Naija247news
   
Pressure on Naira Seen Easing by Nigeria Central Bank After Vote   
Bloomberg
Portfolio inflows to Nigeria jumped since last month's presidential elections, easing pressure on the currency of Africa's biggest oil producer, according to the central bank. “There is more confidence that the economy will grow as the outlook of foreign investors ...

BAD NEWS! Iweala, Madueke in BIG TROUBLE as World Bank backs Buhari to ...   Osun Defender
World Bank supports Buhari's plan to probe NNPC   DailyPost Nigeria
World Bank Urges Nigeria's Buhari to Probe NNPC Over Missing Funds ...   Nigerian Bulletin
Seeking Alpha   
Naija247news   
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The Guardian Nigeria
   
Confidence steady as investors discount political risks   
The Guardian Nigeria
Confidence in the nation's markets by investors may have been sustained since the announcement of the Presidential results, with the cyclical phase of the polls drawn to a close over the weekend. Already, Moody's Credit Ratings Agency has admitted that ...

CBN Spends $4.7bn To Defend Naira   The Streetjournal

all 11 news articles »   


The Guardian Nigeria
   
'Cross-border trade, value-chain devt key to industrialisation   
The Guardian Nigeria
The United Nations Economic Commission for Africa (UNECA) has emphasized the need for African countries to renew focus on cross-border trade and improve value-chain activities as a means of driving industrialization. According to the Commission, the ...

Report on Africa calls for industrialisation through trade   New Business Ethiopia

all 3 news articles »   


NATCOM Consortium Completes Payment for NITEL/MTEL   
THISDAY Live
The preferred bidder for Nigerian Telecommunications Limited (NITEL) and its mobile arm (Mtel), NATCOM Consortium, has paid the 70 per cent outstanding balance of the $252,521,000 bid price for the acquisition of the assets and business units of the ...


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Water scarcity hits Gusau community   
Nigerian Tribune
Residents of Gusau community in Gusau Local Government Area of Zamfara State are groaning over water scarcity that had hit the community for the past three months. Community News gathered that areas mostly affected are Mayana, Kanwuri, Galadima, ...


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Regulate sale of water, FCT residents urge govt   
Nigerian Tribune
A cross section of FCT residents have called on regulatory agencies to intensify efforts in regulating indiscriminate sale of sachet water, also called `pure water.' They made this call in an interview with the News Agency of Nigeria (NAN) in Abuja, on Friday.

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Starr 103.5 FM
   
Ghana aims to issue Eurobond of up to $1 bln by end June   
Reuters Africa
In an apparent about-face, the government has also decided not to pursue a bridge finance loan that would have been worth up to $1 billion, James Avedzi, head of the parliamentary finance committee, told Reuters.
Ghana aims to issue Eurobond of up to $1 billion by end June   Reuters

all 7 news articles »   

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