business day news
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Business Nigeria losing investors to non- passage of PIGB- LCCI – BusinessDay
The Lagos Chambers of Commerce and Industry, Friday said the non- passage of the Petroleum Industry Governance Bill PIGB was scaring away investors who are diverting their investments to other countries . President of the LCCI, Babatunde Ruwase, who led LCCI officials to meet with … Read...- Nigeria Business News
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Business Techpoint Africa to train over 2000 aspiring programmers, stakes $10,000 for startups – BusinessDay
The 2019 edition of Techpoint Build will offer an opportunity for more than 2000 aspiring programmers in West to get the required training as well as give a funding lifeline of … Read more via BusinessDay : News you can trust – https://ift.tt/2RgOwal Get more: Nigeria Business News- Nigeria Business News
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Business Air Peace Lagos-Owerri flight returns to base over pressurisation – BusinessDay
Air Peace said its Lagos-Owerri flight 7252 on Thursday returned to base after its crew observed that there was a change in cabin pressure. According to a statement issued by Chris Iwarah, the spokes person for Air Peace, “In line with our standard operating … Read more via BusinessDay ...- Nigeria Business News
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Business Senate suspends plenary for two weeks for oversight on 2018 budget – BusinessDay
The Senate has adjourned plenary for two weeks to allow its committees carry out oversight function on implementation of the 2018 budget. The period will also give committees time to oversight Ministries, Departments and Agencies (MDAs) on the implementation of the $2.78 billion Eurobonds …...- Nigeria Metro News
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Metro Reps to probe N60bn looted Nigeria Airways fund – BusinessDay
Nigeria’s House of Representatives on Wednesday unveiled plans to set up an Ad-hoc Committee that will investigate the whooping sum of N60 billion allegedly looted by some political officer holders and civil servants in Nigeria Airways Limited. The resolution was passed sequel to the … Read...- Nigeria Metro News
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Business PIGB, 13 other critical bills at risk as National Assembly goes on recess again – BusinessDay
After resuming from an 11-week recess on October 9, the National Assembly announced yesterday that it is embarking on another two-week suspension of plenary that could disrupt the passage of the much-awaited Petroleum Industry Governance Bill (PIGB) and 13 other critical bills rejected by …...- Nigeria Business News
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Business $110bn lost yearly to food related illnesses in low, middle income countries – World Bank – BusinessDay
The World Bank in a new study has revealed that low and middle income countries across the world lose approximately $110 billion in productivity and medical expenses yearly, as a result of illnesses resulting from unsafe food. According to the report, the global epidemic … Read more via...- Nigeria Business News
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Business Cadbury Plc rebounds to profit on a 10.6% increase in revenue – BusinessDay
Cadbury Nigeria’s 9-month unaudited financial statement appears to have put the firm on the part of profitability after swimming in loss within the same period the previous year. The consumer goods firm reported a Profit after Tax (PAT) of N172 million in its 2018 … Read more via...- Nigeria Business News
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Business USAID launches new $60.4m urban water, sanitation to support six Nigerian states – BusinessDay
The United States Government, through the United States Agency for International Development (USAID) on Wednesday launched a new urban water and sanitation activity that will support the efforts of six Nigerian states to improve the health and hygiene of their populations through improved...- Nigeria Business News
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Politics FG to spend N8.73t in 2019, targets 3.01% economic growth – BusinessDay
The Federal Executive Council (FEC), Wednesday approved a total of N8.73 trillion budget for 2019, about N400 billion lower than the N9.2 trillion approved for 2018 This is just as FEC also approved the 2019 to 2021 Medium Term Expenditure Framework (MTEF) and Fiscal … Read more via...- Nigeria Political News
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Politics Looted funds: Buhari laments lack of cooperation from foreign financial institutions – BusinessDay
President Muhammadu Buhari has decried lack of cooperation from foreign governments and financial institutions in the repatriation of looted funds allegedly stashed away by corrupt Nigerians in foreign banks, stressing that such attitude has put enormous obstacles to the efforts of his...- Nigeria Political News
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Business The EU’s risky move on palm oil – BusinessDay
Across Africa, planting oil palm is a lifeline for millions of small farmers, and palm oil development is key to the future of countries including Nigeria, Liberia, Gabon, Burkina Faso, and many others. However, new threats are rising from Europe that will undo the … Read more via...- Nigeria Business News
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Business Facebook expands fact-checking efforts into Nigeria – BusinessDay
Joining fact-checking programmes in Kenya and South Africa, Facebook recently announced the launch of third-party fact-checking to help assess the accuracy of news in Nigeria, and reduce the spread of misinformation, whilst improving the quality of news people find on its platform. Working...- Nigeria Business News
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Business US push for Japan’s LNG market may leave Nigeria stranded – BusinessDay
The United States is working with Japan and other Asian countries to build facilities for Liquefied Natural Gas (LNG) exports and improve their competitiveness, a move that further threatens Nigeria’s market share. At the annual LNG Producer-Consumer Conference in Nagoya, Japan, yesterday, Dan...- Nigeria Business News
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Politics Ondo workers accuse Akeredolu of diverting N20.9bn Paris Club refund – BusinessDay
There is a strong indication that the organised labour in Ondo State may commence another round of industrial action as its meeting with Governor Rotimi Akeredolu was deadlocked on Friday. Akeredolu was alleged to have angrily walked out of the meeting , which was … Read more via...- Nigeria Political News
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Politics 2019: Uncertainty in CUPP over Obi’s emergence as VP – BusinessDay
The joint presidential PDP ticket of Atiku Abubakar and Peter Obi has created uncertainty over moves by the Coalition of United Political Parties (CUPP) to field a single presidential candidate for the 2019 general elections. Both Atiku and Obi are PDP presidential and vice … Read more via...- Nigeria Political News
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Metro Airtel rewards customers with free data in new recharge offer – BusinessDay
In line with its commitment to bridge the digital divide as well as empower more telecoms consumers, leading telecommunications services provider, Airtel Nigeria, has unveiled a new offer that will gift customers 250MB data weekly if they recharge their lines. Under the new Recharge … Read...- Nigeria Metro News
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Business How Bukola makes money from producing crayons – BusinessDay
The business of crayons is not popular in Nigeria, but those who are in it always have good stories to tell. Bukola Baruwa is one of the few entrepreneurs in the country tapping into the crayons industry. Bukola runs a company called Yembar Ventures, … Read more via BusinessDay : News you...- Nigeria Business News
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Business Snap shot of firms’ third quarter performance as earnings season starts – BusinessDay
The third quarter earnings season has begun and firms have started posting financial statement on the website of the Nigerian Stock Exchange (NSE). Investors will like to know the major drivers of growth and factors responsible for stinging disappointing results; hence we have … Read more...- Nigeria Business News
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Politics Anti-climax of Saraki’s ‘impeachment’ – BusinessDay
After over two months annual recess, both legislative chambers of the Eighth National Assembly resumed plenary a fortnight ago. A lot of water has passed under the bridge since lawmakers proceeded on recess on July 24, 2018. These include defection of Senate President, Bukola … Read more...- Nigeria Political News
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