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NIGERIA NEWSPAPERS: TODAY'S THE BUSINESSDAY NEWSPAPER HEADLINES [12 JANUARY, 2018]


Below are the headlines found on The Businessday Online Newspaper for today, Friday, 12 January, 2018.

Fri, 12 Jan 2018
Nigeria's equity market has recorded a whooping N1.7trillion gain in market capitalisation within just eight (8) trading days into 2018, a development which defies most analysts' short-term outlook. The Nigerian bourse main Index rose to above 43,000 points (43,041.54 points)on Thursday, a level last seen in October 2008, after local and foreign funds bought Stocks gain N1.7 trillion in 8 trading days 
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Fri, 12 Jan 2018
I listened carefully to a motivational speaker sometime ago and he shared extensively on how he had an amazing flight on a double-deck aircraft and how smooth the flight was. He got very curious and wanted to find out who the pilot was and he was flabbergasted when he realised a woman was in control []The post If the aviation sector has to improve, there ought to be active pilot participation in decision making' Ladi appeared first on BusinessDay : News you can trust. 

Fri, 12 Jan 2018
Despite the rapid growth and preference of Nigerian parents for private universities, public universities are still dominating the list of schools producing the most employable graduates in the country. However, a private university leads the list. A 2016 Philips consulting report on Education and Employability showed that of the 20 universities that produce the most []The post Public universities still dominate in most employable graduates list appeared first on BusinessDay : News you can trust 

Fri, 12 Jan 2018
Backed by the White House, Democratic and Republican lawmakers dug into a politically fraught search for compromise on immigrationWednesday, seeking to take advantage of a window of opportunity opened by President Donald Trump. They're under pressure to find a breakthrough before a deadline next week that could lead to a government shutdown neither side wants. []The post Lawmakers see boost for immigration deal after Trump remarks appeared first on BusinessDay : News you can trust. 

Fri, 12 Jan 2018
South Africa's Reserve Bank will leave interest rates unchanged at itsJan. 18meeting, a Reuters poll showedon Thursday, despite a much firmer rand suggesting further easing could come from the bank. The rand, currently around 12.43 per dollar, has gained almost 8 percent in the last six months with most made after South Africa's Deputy []The post South Africas Reserve Bank to keep interest rate unchanged appeared first on BusinessDay : News you can trust. 

Fri, 12 Jan 2018
Access Bank has rendered over N1billion loan to both its customers and non-customers through its digital lending platform in less than three months. The bank in collaboration with Remita, breaks the record as the first bank in Nigeria to give loans to customers who do not have accounts with the bank. The recent collaboration with []The post Access Bank digital loans top N1billion mark appeared first on BusinessDay : News you can trust. 

Fri, 12 Jan 2018
Sterling Bank Plc has appointed Abubakar Suleiman (Abu) as its new management director/chief executive officer (CEO) effective March 31, 2018. Suleiman is currently the Executive Director, Finance & Strategy, a role he has occupied since May 2012. Suleiman will be succeeding Yemi Adeola, who is the bank's founding director and long-serving Chief Executive Officer who []The post Sterling Bank appoints Abubakar Suleiman CEO as Adeola retires April appeared first on BusinessDay : News you 

Fri, 12 Jan 2018
An examination of the financial statements of Ikeja Electric Plc indicate that the company is in dare need of restructuring as accumulated losses continue to pile. The Distribution firm or (DisCo), having been compelled by the Nigerian Electricity Regulatory Commission (NERC) to publish the results on their websites, reported a loss of N65.18 billion as []The post Ikeja Electric's losses pile as debt mounts appeared first on BusinessDay : News you can trust. 

Fri, 12 Jan 2018
Central Bank of Nigeria (CBN) has set state-by-state target for the 21 commercial banks and 942 Micro finance banks in the country to ensure that every Nigerian adult has access to financial services. Mrs Elizabeth Agu, the CBN Branch Controller, Federal Capital Territory, made this known on Thursday in Abuja at the inauguration of the []The post Financial inclusion: CBN sets fresh targets for banks appeared first on BusinessDay : News you can trust. 

Fri, 12 Jan 2018
Avalon Intercontinental Nigeria Limited, an independent hotel group has announced a partnership with Radisson Blu Hotel, a global hotel chain within the Carlson Rezidor Hotel Group. This development follows a mutual agreement to part ways with its former partners, the Renaissance Hotel group. The group said the responsibility of the management of Avalon Intercontinental to []The post Avalon Intercontinental announces partnership with Radisson Blu hotel appeared first on BusinessDay : News you ca 

Fri, 12 Jan 2018
World food prices fell in December from the month before, as dairy, vegetable oils and sugar values declined sharply, the UN food agency said on Thursday. The Food and Agriculture Organization's (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 169.8 points in December, []The post World food prices fall 3.3% in December ' UN FAO appeared first on BusinessDay : News you can trust. 

Fri, 12 Jan 2018
For the third day running, bitcoin has continued on the bearish path, despite a vote of confidence from prominent critics like Jamie Dimon, CEO of JP Morgan. The CEO, who once called bitcoin a 'fraud', said on Tuesday that he regretted making the statement. The price of bitcoin has declined 18 percent in the last []The post Why Bitcoin is on a 3-day losing streak appeared first on BusinessDay : News you can trust.