Business Nigeria: Today's Business, Economic and Financial Headlines [22-08-2016]

[ProfRem]

Below are some of the business, economic and financial headlines in some selected Nigerian Dailies for today, Wednesday, 22nd, August, 2016.

Economy

- NAICOM, CBN disagree on bancassurance

- Volkswagen, suppliers to hold talks on production

- Sovereign Trust: Expenses, Harsh Milieu Hit Earnings

- 500,000 computers: Manufacturers, foreign vendors battle for govt patronage

- TUC condemns planned communication tax

- NITDA, NCS, back software developers

- CBN mops up N1.3tr in 60 days to stabilise economy

- Presidency seeks fiscal-monetary policy harmonisation

- Development Partners, Private Sector Commit $1.7bn for Food Security

- FG Urged to Review Policy Framework for MSMEs

Banking and Insurance

- SunTrust Bank targets over 100 million unbanked Nigerians

- Banks paid N33.8tn in seven months – NBS

- APGC Appoints Executive Secretary

- Sterling Bank Partners FG on Desertification

- Fidelity Bank Unveils Savings Promo

- NEXIM Bank, AFREXIM Bank, Others Move to Revamp Cocoa Sector

- Access Bank’s Half-year Profit Grows by 28% to Hit N50 Billion

- UBA, Access Bank, others lift NSE’s turnover by N12.9 billion



Forex

- Sanitising Nigeria’s $35bn remittance market to boost forex inflow

Telecommunication

- Ngige urges ICT firms to support agriculture, mining

- Spectrum fees exorbitant, Airtel tells NCC

- Proposed 9% communication tax not welcome – Adebayo

- GOtv boxing NextGen search unveils 16 young boxers