2015年5月3日 星期日

2015-05-04 Nigeria Business


The Guardian Nigeria
   
Govt queries subsidy claims, denies owing marketers N200b   
The Guardian Nigeria
THE Federal Government yesterday decried what it described as the 'unpatriotic' attitude of oil marketers, imploring them to put the nation first, when making their claims. It also denied owing the marketers N200 billion. Meanwhile, government says, but for the ...

Fed Govt, oil marketers clash over N200b subsidy claims   The Nation Newspaper
Okonjo-Iweala disagrees with petroleum marketers over N200bn debt   Daily Sun
Subsidy Payments: FG Questions Marketers' Fresh Claims   THISDAY Live
The Eagle Online   
all 12 news articles »   


The Guardian Nigeria
   
Reps panel seeks PwC's suspension over probe report   
The Guardian Nigeria
IRKED by its alleged shoddy audit of the Nigerian National Petroleum Corporation's (NNPC) on the allegedly missing $20 million, the House of Representatives Committee on Public Accounts has called on the incoming administration to suspend ...

PwC: House Committee Faults Forensic Audit Of NNPC   Leadership Newspapers
PWC audit: Heads may roll as stakeholders insist NNPC stinks   Daily Sun
PwC Report: Financial Analysts Spearhead Calls for NNPC Restructuring   THISDAY Live
DailyPost Nigeria   
all 9 news articles »   


The Guardian Nigeria
   
Eko Atlantic City ready for business next year   
The Guardian Nigeria
Gradually moving away from a dream to becoming a reality, the first set of office buildings at the famous Eko Atlantic City would be ready for occupation next year. Already, the project concessionaire has offered for sale some of the ongoing infrastructure, ...

Eko Atlantic City ready for occupation 2016   The Punch

all 2 news articles »   


Vitafoam proposes N246m dividend, raises profit by 67 per cent   
The Guardian Nigeria
VITAFOAM Nigeria Plc has proposed a dividend of N246 million, translating into 30 kobo per share in addition to a bonus share of one for every five Ordinary Shares held by each shareholder as rewards from the company's outstanding performance in its ...

Vitafoam proposes N246m dividend, profit rises by 67%   The Punch

all 2 news articles »   


The Guardian Nigeria
   
Swiss Re profit climbs on sales of securities   
The Guardian Nigeria
Swiss Re Net income rose to $1.4 billion from $1.2 billion a year earlier, the Zurich-based company said in a statement. A Bloomberg survey of eight analysts predicted profit of $971 million. The highest estimate was $1.16 billion. Europe's insurers are seeking ...

Swiss Re weathers competition to deliver first quarter profit rise   Business Recorder (press release) (blog)

all 2 news articles »   


The Guardian Nigeria
   
'Robust retail market key to healthy risk sector'   
The Guardian Nigeria
THERE is no doubt that the insurance industry in Nigeria today, notwithstanding the challenges, has become dynamic and quite robust in line with reforms in the financial services environment. With improved regulatory oversight, business of insurance is no ...

Mansard posts N17.4b gross premium   The Nation Newspaper
French Firm, Axa Group Acquires Mansard Insurance PLC   AllAfrica.com

all 3 news articles »   


The Punch
   
Lafarge Africa declares N8.6bn PAT for Q1   
The Punch
Lafarge Africa Plc made profit after tax of N8.6bn in the first quarter of 2015 with its revenue for the period rising by 15 per cent year-on-year to N57bn. The cement and building solutions provider said while the group's revenue was up by 15 per cent, the ...

Lafarge Africa records N8.6bn profi t in Q1, 2015   National Mirror

all 2 news articles »   


The Guardian Nigeria
   
Traumatic weekend for Lagosians, others over fuel scarcity   
The Guardian Nigeria
IT was a traumatic weekend for many Lagos residents and other parts of the country as citizens grappled with fuel scarcity, which hit the country last Friday as a result of the strike action embarked by Major Marketers Association of Nigeria (MOMAN). The fuel ...

Oil Marketers, Narto Suspend Strike   AllAfrica.com

all 2 news articles »   


Re: NERC says consumers can question power operators   
BusinessDay
The above recent headline in the press is most interesting. It immediately elicits a question from me, which is, “Really?” The report quoted Sam Amadi, the director general of Nigerian Electricity Regulatory Commission (NERC), as saying that “consumers must ...

Consumer Power and Fair Electricity Market   THISDAY Live

all 2 news articles »   


Scarcity: Fuel sells at N250 per litre in Oyo   
Daily Trust
Fuel scarcity being experienced in some parts of the country had resulted in a sharp increase in pump price of the product in Iseyin Council Area of Oyo, from the official price of N87 per liter, to N250. A survey by the News Agency of Nigeria (NAN) on Saturday ...


and more »   

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