Business Nigeria: Today's Business, Economic and Financial Headlines [18-08-2016]

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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, Wednesday, 18th, August, 2016.

Economy

- Stock Market Gains N17bn

- Trade Groups: SEC Gives Operators Oct 2016 Deadline

- Erisco plans multi-billion naira plant in Katsina

- StarTimes acquires right to show EPL matches

- Nigeria Imports $227m Sugar in Seven Months

- FIRS shuts firms in Lagos, others over tax debt

Banking and Insurance

- NUT Microfinance bank records N154m profit in 5 yrs

- BoI, NOTAP Seal Deal On R&D Commercialisation

- FBNH Refutes NPA Funds In Its Accounts

- CBN: Skye Bank Neither Distressed Nor Liquidated

- GTB declares N77bn after tax in first half 2016

- AMCON Says It’s Decisions not influenced by the Presidency

- NDIC charges Jaiz bank to uphold good corporate governance

Forex

- Dollar halts slide on Fed rate hike talk

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Power, Oil and Gas


- Nigerians received lowest electricity supply in May — Report

- PIB may not be passed by N’Assembly — PENGASSAN

- Foundation trains students in renewable energy

- Power: Price of gas rises by 60%

- FG orders massive importation of kerosene, say marketers

- Fixed income, currency transactions hit N12.7 trillion as confidence trickles in


- Manufacturers want government to review gas pricing policy

Telecommunication

- OLX, TechCabal Back Software Developers

- NCS To FG: Execute National Broadband Plan

- Minister, LCCI, telcos condemn Communication Tax Bill

- Nigerians to pay 9% tax on calls, SMS, MMS, Data, others

- Telecoms Operators Fret over Proposed 9% Communication Services Tax

Maritime

- FX scarcity: Cargo dropped 50% in first half 2016


Recommended: Nigeria - 17/08/2016: Today's Naira Rate Against The Dollar, Pounds And Euro
 
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