Business Nigeria: Today's Business, Economic and Financial Headlines [15-08-2016]

[ProfRem]

Below are some of the business, economic and financial headlines in some selected Nigerian Dailies for today, Monday, 12 August, 2016.

Economy

- Bill Gates donates $1m for Food, Farming Aids to Borno

- Beloxxi Industries Limited Closes $80m Equity Investment Deal

- SEC Rules Out Crowdfunding in Nigeria for Now

- Coca-Cola Names VP, Finance Director For Nigeria, India

- NIA Chair’s Investiture Holds Tomorrow

- CBN woos foreign investors with N206 billion debt at higher yields

- N80bn unclaimed dividends: Banks, registrars to appoint e-dividend champions- SEC

- PenCom recovers N9.38bn contributed pensions from companies

Banking and Insurance

- Ecobank Names Regional Executive For W’Africa

- CBN Conducts Special Examination on Banks

- Stanbic IBTC to Float New Exchange Traded Fund

- NDIC Reviews Coverage Limit for Depositors of Primary Mortgage Banks

- FBNH: Restoring Shareholders’ Value

- Fidelity gets CBN’s e-commerce licence

- Financial inclusion: Unity Bank targets salary earners

- Banks deploy N1.2trn to govt securities as pressure on exchange rate resumes



Forex

- Forex: Funding, Others Stall NIMC’s Operations

Aviation

- ‘Monies Govt Agencies Collect From Airlines Not Well Utilised’


Power, Oil and Gas

- Disco Gets New MD

- BoI, Gombe Sign N360m Solar Power Agreement

Maritime

- Customs Appoints PRO For Tincan Command

Telecommunication

- Globacom Records Five Million New Subscribers in One Month