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NIGERIA NEWSPAPERS: TODAY'S THE BUSINESSDAY NEWSPAPER HEADLINES [19 JANUARY, 2018]


Below are the headlines found on The Businessday Online Newspaper for today, Friday, 19 January, 2018.


Fri, 19 Jan 2018
Crude oil prices yesterday came a short crawl away from $70 per barrel fuelling optimism that abandoned oil assets may soon come on stream as financial institutions demonstrate renewed appetite to refinance loans and lend to the sector. Shoreline Energy International, an indigenous oil producer is planning to double its crude output to 100,000 bpd... View ArticleThe post Oil rally fuels optimism for new financing deals 
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Fri, 19 Jan 2018
Nigeria's excess crude account stood at $2.317 billion as of Jan. 15, a state governor said on Thursday. The figure was given by the finance minister during a meeting of Nigeria's national economic council, according to Abdullahi Umar Ganduje, the governor of Kano state, who briefed reporters after the meeting, according to Reuters. Last month,... View ArticleThe post Nigerias crude account held $2.32 billion as of Jan 15 

Fri, 19 Jan 2018
JP Morgan says accusations 'without merit' ' Relates to disputed 2011 oilfield purchase by Shell, Eni ' Deal also being investigated in Italy, Netherlands Nigeria has filed a claim against JP Morgan Chase for more than $875 million, accusing it of negligence in transferring funds from a disputed 2011 oilfield deal to a company... View ArticleThe post Nigeria sues JP Morgan for $875 mln over Malabu oilfield deal 

Fri, 19 Jan 2018
The ongoing political war in Akwa Ibom State between the Governor, Udom Emmanuel and his estranged political godfather, Godswill Akpabio, is a reminder of the dictum, No permanent enemy, no permanent friend, but permanent interests. The feud has one again brought to the front burner, the debate over political gladiators who installed their successors but... View ArticleThe post As Akpabio, Emmanuel feud gets messier 

Fri, 19 Jan 2018
Banks are set to increase their share of the NSE 30 Index's dividends this year as consistent earnings growth could see them consolidate their position among the 30 largest listed firms on the stock market. Lenders accounted for 64.2 percent of NSE 30 Index's profits earned in the first nine months of 2017, up from... View ArticleThe post Banks share of NSE 30 dividends to rise on stronger earnings 

Fri, 19 Jan 2018
Maymunah Yusuf Kadiri is the Medical Director, Pinnacle Medical Services. She is a Consultant Neuro ' Psychiatrist, Psychotherapist and mental health advocate with over a decade experience and practice, pushing the mental advocacy campaign further through outreaches, radio and now movies. She speaks to Kemi Ajumobi on her decision to follow this path among other... View ArticleThe post Maymunah, using various platforms for mental health advocacy, including movie production appeared first on 

Fri, 19 Jan 2018
The leadership of House of Representatives has warned all the lawmakers against abandoning legislative functions as the country prepares for the 2019 general elections. Going by the elections time-table released by Independent National Electoral Commission (INEC), the Presidential and National Assembly election is scheduled for 14th February, 2019 while the Governorship and State Houses of... View ArticleThe post 2019 elections: Dogara warns lawmakers against abandoning legislative duties appear 

Fri, 19 Jan 2018
The Minister of Finance, Mrs Kemi Adeosun, said that African Development Bank (AfDB) disbursed a budget support of 600 million dollars to Nigerian government when the country faced economic recession. Adeosun said this at the commissioning of the bank complex on Thursday in Abuja. She said that AfDB-Nigeria Country Office over the years, under past... View ArticleThe post Economic recession: AfDB disburses $600m budget support to FG

Fri, 19 Jan 2018
Africa is expected to see a recovery in Gross Domestic Product (GDP) growth from its present 3.0 per cent to 3.5 per cent in 2018. This is according to a statement obtained from the UN Economic Commission for Africa (ECA) website on Wednesday in Abuja. Africa's GDP will further grow to 3.7 per cent in... View ArticleThe post Africa's GDP recovery expected to grow by .5% in 2018 

Fri, 19 Jan 2018
Top corporate commercial law firm, Banwo & Ighodalo recently announced the admission of a key member of its Corporate, Securities & Finance Practice, Seyi Bella into the firm's partnership. Speaking about this development, which took effect on January 8th, 2018, the Chief Operating Officer (COO) of B&I, Kemi Ajayi stated that Bella's entry into partnership... View ArticleThe post B&I admits Seyi Bella into firms partnership appeared first on BusinessDay : News you can t 

Fri, 19 Jan 2018
Shareholders of Academy Press Plc will not be paid dividend, as losses continue to pile, raising concerns about the future of a company operating in a sector that has become unprofitable. The directors of the company attributed the decision not to reward owners to the need to strengthen its working capital position. Book publishing in... View ArticleThe post No dividend for Academy Press' shareholders as losses pile 

Fri, 19 Jan 2018
International Air Transport Association (IATA) has identified blocked funds, connectivity, infrastructure, and safety as four pressing concerns in Angola and Africa, which governments and industry stakeholders must address for a healthy and strong aviation system. IATA forecasts a trebling in the size of Angola's air transport market to 7.1 million passengers a year by 2036... View ArticleThe post IATA identifies blocked funds, connectivity, others as concerns of Africa's government ap 

Fri, 19 Jan 2018
RenMoney Nigeria MFB says it effortless School Fees Loan option is geared towards making it easy for parents and guardians to get their children or wards back to school early and ready. Back2school loan is a credit facility that offers up to N4,000,000 quick cash loans at cheap rates to sort out back to school... View ArticleThe post RenMoney Nigeria deepens Back2School payment option for customers appeared first on BusinessDay : News you can trust. 

Fri, 19 Jan 2018
Despite Nigeria's economy getting an impetus from rebound in oil price and stable foreign exchange policy, analysts predict that the country's susceptibility to political risks could undermine portfolio inflows. The elections in Nigeria will be watched by investors and market watchers as President Muhammadu Buhari goes for a second term despite complaints that an improvement... View ArticleThe post Political risk may hurt portfolio inflows as election looms appeared first on BusinessDa 

Fri, 19 Jan 2018
Customers' complaints on bank charges and other transaction issues can now be addressed faster as Access Bank plc upgrades its Ombudsman. Consistent with its reputation for adopting best practices in all facets of its operations, Access Bank Plc has upgraded its customer service function, Ombudsman, for the purpose of resolving service issues between the Bank... View ArticleThe post Customers' complaints get faster resolution with Access Bank Ombudsman appeared first on BusinessDay : N 

Fri, 19 Jan 2018
The Pension Transitional Arrangement Directorate (PTAD) has commenced verification of over 22,000 employees of NITEL and MTEL nationwide to clear their pension arrears. The Executive Secretary of PTAD, Mrs Sharon Ikeazor, disclosed this in Enugu on Wednesday while declaring open the NITEL/MTEL Pensioners' Verification in the state. Ikeazor said the directorate received authority to gather... View ArticleThe post PTAD commences verification of 22,000 NITEL, MTEL pensioners nationwide appeare 

Fri, 19 Jan 2018
Trading on the Nigerian Stock Exchange (NSE) on Thursday closed lower halting over 10-day upward trend with the All-Share Index dropping by 0.08 per cent due to profit taking. The News Agency of Nigeria (NAN) reports that the index dropped marginally by 36.50 points or 0.08 per cent to close at 44,848.74 as against 44,885.24... View ArticleThe post NSE market indicators drop by 0.08%, amid profit taking appeared first on BusinessDay : News you can trust. 

Fri, 19 Jan 2018
The Debt Management Office (DMO) plans to raise between N315 and N385 billion from FGN Bond Auctions during the first Quarter of 2018 through three tenored bonds, including the 14.50% FGN July 2021, the 16.2884% FGN March 2027 and a new 7-year Bond. The offer of 3 different tenors is aimed at meeting investors' varying... View ArticleThe post DMO releases FGN bond issuance calendar for Q1, 2018 appeared first on BusinessDay : News you can trust. 

Fri, 19 Jan 2018
The Naira on Wednesday traded at N360.56 against the dollar at the investors' window, the News Agency of Nigeria (NAN) reports. The Nigerian currency was sold at N362 to the dollar at the parallel market, while the Pound Sterling and the Euro closed at N492 and N440. At the Bureau De Change (BDC) window, the... View ArticleThe post Naira exchanges at N360.56 against dollar at investors' window appeared first on BusinessDay : News you can trust. 

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