Business Nigeria: Today's Business, Economic and Financial Headlines [08-08-2016]

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ProfRem

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Below are some of the business, economic and financial headlines in some selected Nigerian Dailies for today, Monday, 8 August, 2016.


Economy

- TSA: Policy Renewal Suffers Setback As Premium Income Dips

- Vehicle Insurance: FG May Deploy BVN To Check Abuse

- Osun Presents N1.2bn Bond Certificates To Retirees

- Economic Diversification: Non-oil sector growth drops to -0.36%

- Dangote commences construction of concrete roads in states

- ‘Local Technology Devt’ll Unlock Economic Prosperity’

- Caverton Records N2.42bn Half-year Loss

- Customs Boss Moves against Fraudulent Importers, Freight Forwarders

- Buhari Seeks More Economic Engagement Between Nigeria, Italy



Banking Sector


- How public WiFi may harm online banking

- Interswitch Honours FirstBank for 100 Million Monthly Transactions

- Fitch affirms 8 Nigerian banks on sovereign criteria


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Aviation

- FG sues Turkish Airlines for passenger abuse

- Govt undermining domestic airlines, say operators

- 14 airlines close shop in Nigeria amid forex hike


Power, Oil and Gas

-Federal Ministries, Agencies owe N93bn electricity bills – ANED

- Seven Energy Wins Sustainability and Responsibility Award

Forex

- Reserves stable at $26 billion, naira falls further

Insurance

- Royal Exchange’s HY Pre-Tax Profit Down By 20%

- Insurer Tasks Women On Health Needs


- STI Reports 97% Growth In Profit

- AMCON Engages Asset Tracing Experts for Debt Recovery

- Nestle Nigeria Records 94% Drop In H1 Profit

Telecommunication

- MTN subscriber base shrinks by 3.7 % to 59m

- Nigeria’s internet users reduce by 81,415 – NCC

- Job-Link unveils Nigeria’s top 100 hotels

- Samsung unveils Galaxy Note7

- Buhari reduced fine on MTN to prevent company from going bankrupt, says minister


Related: Nigeria: Today's Business, Economic and Financial Headlines [06-08-2016]
 
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