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NIGERIA NEWSPAPERS: TODAY'S THE BUSINESSDAY NEWSPAPER HEADLINES [5TH FEBRUARY, 2018]


Below are the headlines found on The Businessday Online Newspaper for today, Saturday, 5th February, 2018.

Mon, 05 Feb 2018
The risk premium or extra yield demanded by foreign investors to hold Nigerian dollar debt is retreating as oil prices race to multi-year highs. The country risk premium refers to the difference between the higher interest rates that less stable and riskier countries must pay to attract investors, and the interest rates of an investors... 

Mon, 05 Feb 2018
Yejide Elugbaju is the founder and CEO of Rivah Beauty Limited. She is a make-up artist with a vast experience in the beauty care industry. In this interview with JOSEPHINE OKOJIE, she reveals what inspired her to establish the business and what start-ups like her must do to ensure their business is sustainable. What inspired... 

Mon, 05 Feb 2018
Nigeria's unsustainable subsidy for the consumption of petrol has the economy bleeding from both ends as the Federal Government burnt N191 billion subsidising foreign exchange for companies in its Direct Sales-Direct Purchase agreement who exchange crude oil for refined products, and N746.79billion on petrol subsidy since February 2017. The DSDP arrangement is a model introduced... 

Mon, 05 Feb 2018
Guinness Nigeria Plc, the second largest brewer in Africa's largest economy, has returned to the path of profitability as festive demand and price increases underpinned sales. The local unit of Diageo Plc post a net income N2.13 billion for the 6 months ended December 2017 compared to a N4.67billion loss it posted in 2016. Revenue... 

Mon, 05 Feb 2018
As a testament to its commitment to responsible business practices, Wapic Insurance Plc. has emerged as one of 25 listed companies that recently attained the Corporate Governance Rating System (CGRS) certification. With this, the company has again affirmed its industry leadership in sustainable business practices and status as front-liner in corporate governance in Nigeria, by... 

Mon, 05 Feb 2018
First Bank of Nigeria Limited, one of Nigeria's leading financial institutions has again validated its leadership position with the efficiency and creativity of the Bank's Automated Teller Machines (ATMs) as it presently accounts for 37 percent of bills payment services on ATMs in Nigeria's banking industry. In 2017, about 402,102 bill payments were made through... 

Mon, 05 Feb 2018
Banks' average lending rate to manufacturers rose to 22.65 percent in the first half (H1) of 2017 from 21.4 percent charged in the corresponding half of 2016, survey carried out by the Manufacturers Association of Nigeria (MAN) shows. This represents 1.25 percentage point increase over the period. According to the report, lack and high cost...  

Mon, 05 Feb 2018
If the decision by Heineken to task Insight Publicis with creating the brand's first Nigerian campaign was meant as an experiment, then the gamble paid off big time, as Insight Publicis was able to re-enact the usually high standard of Heineken's global campaigns in an exciting way that resonates with Nigerian consumers across board. The... 

Mon, 05 Feb 2018
Ayo Fagbemi is the director-general of Kwara Chamber of Commerce, Industry, Mines and Agriculture (KWACCIMA). In this interview with SIKIRAT SHEHU, he stresses the need for the government to revitalise moribund industries to reduce influx of substandard goods flooding the Nigerian market. Kindly give us details of your activities in Kwara. KWACCIMA is the umbrella... 

Mon, 05 Feb 2018
The plans by the Debt Management Office (DMO) to sell an additional $2.50 billion Eurobond in order to complete its debt programmes will increase Federal Government of Nigeria's (FGN) portfolio to $8.80 billion from $6.30 billion. Nigeria has been selling Eurobonds to foreign investors issuing since the start of last year as it seeks to...  

Mon, 05 Feb 2018
The low rate of budget implementation by the federal government of Nigeria over time has constrained the economic growth more than it has been a catalyst. Over the first nine months of 2017, federal retained revenue surged to N3.2 trillion, which is 49.5 percent higher than actual revenue in 9M 16 (N2.1 trillion). However, the... 

Mon, 05 Feb 2018
Ethiopian Airlines has made a bold statement and grabbed largest share of Nigeria's air traffic in 2017. The premium horn of Africa Airlines transported 416,229 passengers between Nigeria and Addis Ababa making it foreign carrier with the highest number of traffic in 2017, despite a decline in passenger traffic compared to 2016, data Nigeria Civil... 

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