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NIGERIA NEWSPAPERS: TODAY'S THE BUSINESSDAY NEWSPAPER HEADLINES [14 FEBRUARY, 2018]


Below are the headlines found on The Businessday Online Newspaper for today, Wednesday, 14 February, 2018.


Wed, 14 Feb 2018
Questions are being raised again about the viability of Nigeria as an investment destination as a harsh business environment, mostly government-made, is threatening to drive out Shoprite, a South African retailer that is creating jobs and boosting the sales of made-in-Nigeria products. The concerns about Shoprite's struggles is heightened by the exit from Nigeria of... 

Wed, 14 Feb 2018
Today, February 14th is Valentine's Day when gift of different kinds will exchange hands. People in different capacities show love with gifts to friends and loved ones in celebration of St. Valentine. In most people's mind would be, what kind of gift will I present to my loved one, and it will be very well... 

Wed, 14 Feb 2018
There are concerns that the negative growth presently being recorded by the Nigeria's non-oil sector could drag the nation's economy into another collapse, particularly as it contributes up to 89 percent to the Nation's GDP. Nigerias economy emerged from a difficult recession in the second quarter of 2017 and then expanded further by 1.40 percent... 

Wed, 14 Feb 2018
The Securities and Exchange Commission (SEC) on Monday said that it was yet to be notified by the MTN Group on plans to raise about 500 million dollars from the Nigeria's capital market. A source who pleaded anonymity told the News Agency of the Nigeria (NAN) in Lagos that the commission was yet to receive... 

Wed, 14 Feb 2018
Investors are asking themselves whether Nigerian Export-Import Bank (NEXIM) financial lifeline of N5 billion to Multi Trex Plc will resurrect the Cocoa processing firm from the dead. This is not a rhetorical question as readers are allowed to given an answer after reading this short article. For those that believe in miracles, the only story... View ArticleThe post Could NEXIM N5 billion loan facility savage Multi Trex ' appeared first on BusinessDay : News you can trust. 

Wed, 14 Feb 2018
Some financial experts on Monday attributed the persistent downward trend on the Nigerian Stock Exchange (NSE) to bandwagon effect from decline in global stock markets. The financial experts said this in an interview with the News Agency of Nigeria (NAN) in Lagos, while reacting to bearish trend posted by the market last week. They said... 

Wed, 14 Feb 2018
Standard Insurance Consultants Limited (SICL) one of the foremost insurance brokers in Nigeria has opened its new mega corporate office in Lekki Lagos. The company which has been in operation for 37 years, served both corporate and individuals' clientele for all insurance needs at its Ikoyi office prior to moving to its permanent sight in...  

Wed, 14 Feb 2018
Despite tension in the minds of both foreign and local investors regarding business activities in Nigeria, as the 2019 elections draw near, Olaf Schumueser, senior representative and managing director Commerzbank, has expressed a positive outlook for the company this year. Schumueser told BusinessDay at the 10th Anniversary of the Bank, celebrated in Ikoyi Lagos that... 

Wed, 14 Feb 2018
The nation's currency on Monday appreciated against the dollar at the investors and exporters' foreign exchange window after the Central Bank of Nigeria (CBN) injected a total of $210 million at the interbank foreign exchange market. After trading on the same day, naira closed at N360.10k per dollar, gaining N0.17k over N360.27k traded on Friday... 

Wed, 14 Feb 2018
West Africa's largest independent fibre optic infrastructure and telecommunications services provider Phase3 Telecom has announced that it has commenced a strategic metro network upgrade to enhance communications offering which includes high-speed broadband and turnkey telecommunications services for seamless regional and multi-location connectivity in Nigeria. This improved operational layout is targeted at expanding the scope of... 

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