Monday, May 20, 2013

Nigerian Government won’t publish beneficiaries of N22bn stock largesse

May 18, 2013

AMCON said publishing the beneficiaries might be detrimental. …... read more

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State of Emergency to impact negatively on GDP, inflation- Renaissance Capital

May 16, 2013

 On Tuesday evening, President Goodluck Jonathan ordered a state of emergency in the three states. …... read more

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Nigeria’s current account faces huge risk as oil GDP drops

May 15, 2013

Central Bank Governor, Lamido Sanusi Nigeria’s oil Gross Domestic Product (GDP) contracted by 13 per cent in the first quarter of 2013. …... read more

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AMCON confirms sale of nationalised banks in 2014

May 13, 2013

Keystone, Enterprise and Mainstreet banks, were totally restructured after a CBN audit showed their poor financial standing. …... read more

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Huge profits by Nigerian banks in 2012 are credible- analysts

May 11, 2013

Nigerian banks have mostly reported rising profit for the 2012 year end. Finance experts say the reported 2012 year-end profits in their billions of Naira... read more

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We never destroy financial documents, Central Bank of Nigeria says

May 10, 2013

The bank said it only requested for more time to provide the documents. …... read more

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AMCON wants outstanding bank debtors to begin settlement discussions

May 9, 2013

The corporation said that individuals or companies can come directly to the organisation to resolve their loan. …... read more

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Central Bank of Nigeria releases draft reporting template for banks

May 9, 2013

The CBN stated this in a circular on Wednesday. …... read more

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Five reasons Nigerian Banks made huge profits in 2012

May 9, 2013

Nigerian banks declared high profits for 2012. Virtually all Nigerian banks have declared huge profits for 2012. Finance Analysts have highlighted at least five reasons... read more

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Tecno to build phone factory in Nigeria, decries ‘China Phone’ tag

May 7, 2013

Tecno launched its new products in Lagos. …... read more

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Tecno decries ‘China Phone’ appellation, launches new product

May 7, 2013

Brand Tecno says the appellation ‘china phone’ affects sales of its product. …... read more

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Central Bank begins daily cheque clearance across Nigeria

May 6, 2013

CBN Governor, Lamido Sanusi The policy was activated in Abuja and Lagos earlier in the year. …... read more

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Nigeria’s Private Sector to downsize in 2013- LCCI report

May 3, 2013

The survey revealed that hope for new employments this year is rather fragile and downsizing may be inevitable. Nigeria’s private sector will downsize or at... read more

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Dangote Cement declares huge profit in first quarter of 2013

May 3, 2013

The firm plans to improve production in its three plants in Nigeria. …... read more

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Declining crude production may affect Nigeria’s economy – Finance Experts

May 1, 2013

Experts say there is a need to diversify the economy as oil earnings continue to shake. …... read more

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Nigeria’s private sector credit growth is ‘subdued’ -Expert

April 25, 2013

Access to credit has remained a major challenge in Nigeria. …... read more

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Group urges extractive companies, host communities to resolve grievances amicably

April 25, 2013

Two researchers of the IIED published a book on how to resolve such conflicts. …... read more

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Nigeria Stock Exchange launches Alternative Securities Markets for emerging businesses

April 24, 2013

Nigerian Stock Exchange The NSE said the newly inaugurated security markets for emerging business is for companies with high potential for growth. …... read more

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NSE launches alternative securities markets for emerging businesses

April 23, 2013

Nigerian Stock Exchange The newly inaugurated securities markets is for companies with high growth potentials, the NSE said. …... read more

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Finance experts say Nigerian inflation to rise in second quarter

April 23, 2013

Nigeria’s inflation rate has fallen to the lowest and will start to rise in the second quarter, experts say. …... read more

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Group faults ‘One Size Fits All’ agricultural policy response to climate change

April 19, 2013

Agricultural policies should be drafted to suit geological landmarks, climate variations and other factors. …... read more

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Dangote Sugar announces N0.50k dividend payment for 2012

April 17, 2013

Dangote Sugar will pay its shareholders a dividend of 50 kobo for the financial year of 2012. …... read more

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TUC presidential aspirant promises to protect workers’ interests

April 16, 2013

Peter Esele The Trade Union Congress will hold its election soon. …... read more

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IMF’s recommendation on AMCON is wrong- analyst

April 11, 2013

[Photo: businessnews.com.ng] AMCON will not cause moral hazard or fiscal risks contrary to IMF’s recommendation, the financial analyst said. …... read more

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Update: Zenith, GTBank, Access Bank declare improved profit for 2012

April 4, 2013

The three Nigerian banks released their 2012 end of year result. …... read more

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