2015年7月16日 星期四

2015-07-17 Nigeria Business


The Punch
   
Rivers, firms to spend N1.5bn on East-West Road   
The Punch
THE Rivers State Government and six major firms in the state have released a sum of N1.5bn for the rehabilitation of a section of the East-West Road from Eleme Junction to Onne. The project, which was initiated by the State Governor, Chief Nyesom Wike, ...

Rivers Govt. inaugurates N3bn road project   BusinessDay
Rivers, multinational companies kick off N3b repair work on East-West road   The Guardian Nigeria (satire) (press release) (blog)
Port Harcourt Refinery Begins Production Of Crude Oil   360Nobs.com
THISDAY Live   
Daily Trust   
Leadership Newspapers   
all 11 news articles »   


The Punch
   
NSE Index reverses losses, gains 0.25%   
The Punch
The Nigerian Stock Exchange All-Share Index closed on a positive note on Thursday, after 11 consecutive days of losses. Specifically, the NSE ASI gained 77.48 basis points from 30,970.52 basis points to 31, 047.99 basis points. The gains recorded by 20 ...

Equities break 11-day downturn with N51b gain   The Nation Newspaper
Index gains 0.3% on blue chips returns' prospects   National Mirror
NSE index rises 0.48% with Fidelity Bank, GTBank, Mansard most traded   WorldStage

all 4 news articles »   


Information Nigeria
   
Lagos Govt to Prosecute Synagogue Church, Contractor over Building Collapse   
THISDAY Live
Following the coroner's inquest which pronounced the Synagogue Church of All Nations (SCOAN) and its contractor criminally negligent and recommended their prosecution over the collapse of a guest house owned by the church, leading to the death of 116 ...

Lagos to prosecute The Synagogue, contractor over building collapse   The Guardian Nigeria (satire) (press release) (blog)
Synagogue Building Collapse: LASG To Prosecute Contractor, Church, Says ...   The Streetjournal
Nigeria to Prosecute T.B. Joshua's Megachurch for Fatal Collapse   Bloomberg
Daily Times Nigeria   
BusinessDay   
all 37 news articles »   


The Streetjournal
   
Further Devaluation Of Naira; We'll Not Bow To Pressure- CBN Vows   
The Streetjournal
The Central Bank of Nigeria (CBN) has said that it would not bow to pressures to further devalue the local currency amid consistent slide of naira against the US Dollar at the exchange market. The parallel market segment of the foreign exchange market ...

Naira weakens as S&P predicts devaluation by 15%   Naija247news
Global rating agency advises CBN to devalue naira   DailyPost Nigeria
Nigerian apex bank vows not to bow to pressure to devalue naira   StarAfrica.com
Nigerian Bulletin   
International Law Office (registration)   
all 16 news articles »   


WorldStage
   
Cadbury Nigeria posts N250.7m half-year loss   
The Punch
Cadbury Nigeria Plc on Thursday reported a loss before tax of N250.72m for the first half of 2015, compared with a profit of N1.79bn declared in the same period of last year. The company's unaudited results for the half year ended June 30, 2015, which ...
Cadbury Posts N250 Million Loss in Six Months   THISDAY Live
Cadbury posts half-year N251m loss   National Mirror
Cadbury Nigeria records 88.5% profit decline in Q2   WorldStage

all 5 news articles »   


Leadership Newspapers
   
Power Generation Hits New All-time High Of 4656mw – TCN   
Leadership Newspapers
A new all time high in power generation has been recorded as the country attained 4,656 megawatts (mw) on Wednesday this week, breaking the recent all time high record of 4,545mw attained a few days ago, according to the Transmission Company of ...

Electricity generation hits 4656 megawatts   The Guardian Nigeria (satire) (press release) (blog)
TCN Records New Electricity Transmission Peak of 4656MW   THISDAY Live
Nigeria's power generation peaks at 4656mw   StarAfrica.com
TheCable   
Nigerian Observer   
all 9 news articles »   


Leadership Newspapers
   
CBN fixes spread for dollars sold to bureaux de change   
BusinessDay
Nigeria's central bank sold $80 million to bureaux de change operators on Wednesday at N196.95 and fixed a spread at which they can resell the dollars of not more than 3.5 percent to its clearing rate, the association president said. The naira weakened ...
CBN Demands BVN From Bureaux De Change Customers   Leadership Newspapers
CBN Moves to Deepen Transparency in BDCs Operations   THISDAY Live
CBN mandates Bureau de Changes to obtain BVN on forex transactions   WorldStage

all 4 news articles »   


BusinessDay
   
$300bn infrastructure gap dampens non-oil capacity   
BusinessDay
An infrastructure gap estimated at $300 billion is limiting the capacity of Nigeria's non-oil sector from creating sufficient jobs and diversifying an economy reeling under heavy crude oil market shock. Nigeria lacks well-developed light rail and road ...
Seaport Regulator Moves To Enthrone Global Standards In Cargo Delivery   Leadership Newspapers
Ghana Port Authority Understudies Nigerian Ports Operations   THISDAY Live

all 3 news articles »   


Leadership Newspapers
   
Customs Seizes Poultry Worth N12m In 1 Week   
Leadership Newspapers
The Nigeria Customs Service yesterday said it seized a total of 1,803 cartons of banned poultry products in its first week of special operation against importation of frozen foods, tagged operation “Hawk Descend.” According to a statement yesterday by ...
Customs Seizes N12m Smuggled Poultry   THISDAY Live
Operation Hawk Descend: Nigeria Customs seizes N12m worth of frozen poultry ...   WorldStage

all 3 news articles »   


At least ₦11.56 trillion Excess Crude Fund unaccounted for in 8 years   
National Accord
At least N11.55 trillion or $84.52 billion expected revenue into the coffers of Nigeria's Excess Crude Account for the eight-year period from 2007 to 2014 are unaccounted for, according to findings by PREMIUM TIMES. According to the news medium, these ...

PREMIUM TIMES: At Least ₦11.56 trillion Excess Crude Fund Unaccounted For ...   Nigerian Bulletin

all 4 news articles »   

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