NIGERIA NEWSPAPERS: TODAY'S THE BUSINESSDAY NEWSPAPER HEADLINES [29 JANUARY, 2018]


Below are the headlines found on The Businessday Online Newspaper for today, Monday, 29 January, 2018.

Mon, 29 Jan 2018
As Nigerian bank stocks race to new highs, the yields on their dollar-denominated bonds are also falling, in a signal that foreign investors are lapping up lenders' debt just as fast as their equities. The Nigerian Stock Exchange (NSE) banking index- which tracks the share price movement of listed banks- is up some 21.89... View ArticleThe post Bank bond yields slide as debt traders confirm equity rally 

Mon, 29 Jan 2018
Nigeria's manufacturing sector is outperforming some of its African peers with capacity utilisation moving up from 44.3 percent in 2016 to 55 percent in 2017, according to data from the Manufacturers Association of Nigeria (MAN). Nigeria's Purchasing Managers' Index (PMI) hit 59.3 basis points in December of 2017 from 55.9 reported in November, according to... View ArticleThe post Nigeria's manufacturing sector outperforms African peers as capacity hits 55% 

Mon, 29 Jan 2018
Underwriting firm, Consolidated Hallmark Insurance (CHI) Plc has recorded 100.09 percent success in its recently concluded rights issue to raise N500 million for business expansion. This underscores shareholders full support and confidence in the operations of the organisation. The company, in the first phase of its capital raise exercise offered one new share to every... View ArticleThe post CHI rights issue over 100% successful 

Mon, 29 Jan 2018
The maiden edition of the Stanbic IBTC Youth Leadership Series lived up to its theme, 'Against The Odds' as it provided a platform where three exceptional Nigerians spoke on the imperative of resilience, hardwork and perseverance to achieve individual, corporate and national goals. Guest speakers, Kechi Okwuchi, a survivor of the ill-fated Sosoliso plane crash... View ArticleThe post Stanbic IBTC youth leadership series provides platform for amazing success tips 

Mon, 29 Jan 2018
President Muhammadu Buhari says income accruing to the country from rising oil prices in the international market will be spent on the development of infrastructure. The President said this when he received a delegation from Eni, an oil company led by the Chief Upstream Officer, Mr Antonio Vella at the Presidential Villa, Abuja, on Friday.... View ArticleThe post We'll utilise extra income from rising oil prices for infrastructure ' Buhari 

Mon, 29 Jan 2018
Fast Moving Consumer Goods Firms (FMCGs) in Africa's most populous nation and largest oil producers are to spend less on input costs in producing each unit of product. Analysts are betting that a foreign exchange stability and benign commodity price will help reduce cost of production of big consumer good firms operating in the country... View ArticleThe post FX Stability to ease pressure on FMCGs' cost margins 

Mon, 29 Jan 2018
The Management of Abuja Electricity Distribution Company (AEDC) says it recorded 200 percent increase in cash collections since take over and remains one of the best operating performance among Discos in the country. In a statement made available to BusinessDay the company stressed that since inception the company has increased its cash collection by 200... View ArticleThe post AEDC clarifies financial position

Mon, 29 Jan 2018
Tomato prices may be higher than expected this year due to the recent closure of the Tiga dam by the Hadeja-jama'are River Basin Development Authority (HJRBDA) in Kano state Tomato farmers in the state had lost 250, 000 tons of the commodities which represent 60 per cent of their total production. 'The dam is the... View ArticleThe post Tomato prices may be higher than expected on closure of Tiga Dam. 

Mon, 29 Jan 2018
Unbridled export of various types of animal skins is beginning to hurt shoe makers in Aba, Lagos, Onitsha and other parts of Nigeria. Goat, sheep and other types of animal skins from Nigeria have become attractive to shoe makers and leather firms in China, Italy, Spain, the Netherlands and other parts of the world, forcing... View ArticleThe post Export of animal skins hurts Nigeria's shoe makers 

Mon, 29 Jan 2018
The stocks of Diamond Bank, FCMB, Skye Bank and Unity Bank lead the way on the best-performing stocks of 2018 so far. The stocks maintained three-weeks high on the Nigeria Stock Exchange (NSE). Diamond Bank was up by 1.89 points, gaining 26 percent in the first week, 34.39percent or 2.54 points in the second-week and... View ArticleThe post 2018 Best performing stocks so far

Mon, 29 Jan 2018
A Chinese firm, China Harbour Engineering Company (Nig.) Ltd, has indicated its readiness to go into partnership with Atlantique Marine Engineering Services, Edo Inland Container Depot, known as AMES-Edo ICD on export. Mr Jason Wang, who led a seven-man delegation of the firm to the state on the invitation of Edo Government, dropped the hint... View ArticleThe post Chinese firm set to develop Inland container depot in Edo 

Mon, 29 Jan 2018
Access Bank's customer Pope Johnson has been awarded with a brand-new salon car in collaboration with Western Union. Johnson a travel agent based in Abuja, emerged one of the six-star prize winners after he sent a friend money leaving in Ghana through access bank at the period Western Union promo was still on from November... View ArticleThe post Access Bank's customer wins car in Western Union promo 

Mon, 29 Jan 2018
Does your family have a family home somewhere in Nigeria that you haven't visited in years' What has happened to all those wonderful childhood memories of those homes and gracious grandparents playing host to children and grandchildren at Christmas and other festive occasions; they were a wonderful watering hole for family, friends, and associates. Many... View ArticleThe post What's happened to your 'rural' home' 
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