NIGERIA NEWSPAPERS: TODAY'S THE BUSINESSDAY NEWSPAPER HEADLINES [15 FEBRUARY, 2018]


Below are the headlines found on The Businessday Online Newspaper for today, Thursday, 15 February, 2018.

Thu, 15 Feb 2018
A sharp rise in the average open market price of petrol to N190 per litre in filling stations across Nigeria failed to have an impact on inflation rate in January, figures released by the National Bureau of Statistics (NBS) Wednesday show. Though the maximum price of Premium Motor Spirit or petrol, as it is popularly... 
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Thu, 15 Feb 2018
Sukurat Wasiu, the daughter of Wasiu Jimoh, a motorcyclist and part-time vulcaniser in Ogun State, underwent a successful surgery recently. The motorcyclist who could barely hide his joy when BusinessDay visited Central hospital Aroje-Abaa, now Datmo hospital in Ogbomoso area of Oyo state where the surgery was performed said he will forever remain grateful to... 

Thu, 15 Feb 2018
Senate on Wednesday adopted the conference committee report on the Electoral Act (Amendment) Bill, which recommended that the presidential election would be the last to be conducted in 2019. But the adoption came in the midst of controversy and protests as 10 All Progressives Congress (APC) senators staged a walk out after the adoption of...

Thu, 15 Feb 2018
The growth of the Information Technology (IT) industry continues to spawn massive investment in research and development of IT products. These research efforts have given rise to Internet of Things (IoT). Simply put, IoT are devices and objects connected to the Internet. These products including: watches, glasses, health indicators, home automation i.e. digital lightbulbs, thermostats... 

Thu, 15 Feb 2018
Recently at the Nigerian Stock Exchange (NSE), Guinness Nigeria Plc published its half year (H1) results for the period ended December 31, 2017. Guinness Nigeria Plc, which is Nigeria's second largest brewer, delivered revenue of N70.6 billion as against N59.49billion in the corresponding period of 2016, which represents an increase of 19percent. According to Guinness,... 

Thu, 15 Feb 2018
In a proclamation entitled 'PresidentialExecutive Order for Planning and Execution of Projects, Promotion of Nigerian Content in Contracts and Science, Engineering and Technology,''President Muhammadu Buhari, pursuant to the authority vested in him by the Constitution, signed on Friday, February 2, 2018 the Executive Order No. 5 ('EO5') by which all Ministries, Departments and Agencies ('MDAs')... 

Thu, 15 Feb 2018
The turnover in the Fixed Income and Currencies (FIC) markets for the month of January 2018 amounted to N11.71trillion; which represents 1.28percent decrease (N150billion) from the value recorded in December 2017 and 28.17percent increase (N2.57trrillion) year-on-year (YoY), according to FMDQ OTC monthly, a report by the market development group of FMDQ OTC Securities Exchange. The...

Thu, 15 Feb 2018
The last decade has witnessed a lot of changes and developments in the Nigerian labour and employment laws, and with implications for human resources practice. Among all the sources of the Nigerian labour laws, caselaws and International Conventions ratified by Nigeria are fast redefining employment law and the law of labour relations in Nigeria. Recent... 

Thu, 15 Feb 2018
Socio-Economic Rights and Accountability Project (SERAP) has urged Governor Akinwunmi Ambode 'to take steps to immediately reverse the unfair and discriminatory toll charges at the Lekki-Epe Expressway and Lekki-Ikoyi Link Bridge toll gates by the Lekki Concession Company, if the Lagos State government is not to run the risk of undermining the public interests, democratic... 

Thu, 15 Feb 2018
The big banks otherwise known as Tier one lenders are to drive dividend pay-outs as they continue to enjoy consistent earnings growth amid a tough and volatile economic environment, according analysts at Stanbic IBTC Holdings. The dividend pay-out ratio is the ratio of the total amount of dividends paid out to shareholders relative to the... 

Thu, 15 Feb 2018
First Bank of Nigeria Limited has recorded giant strides in its Financial Inclusion services delivery, via its 894 quick banking, a USSD based channel that enables customers to access banking services using any type of phone and without data/internet. The 894 banking scheme, which is the fastest growing USSD scheme in the market, grew by... 

Thu, 15 Feb 2018
The International Organisation of Securities Commissions (IOSCO) has issued a consultation report proposing policy measures for its members to consider when addressing the risks arising from the offer and sale of OTC leveraged products to retail clients. The report on retail OTC leveraged products identifies various regulatory approaches aimed at enhancing the protection of retail... 

Thu, 15 Feb 2018
Victor Muruako, Acting Chairman, Fiscal Responsibility Commission (FRC), says the Federal Government expects to get N886 billion from MDAs as Independent Revenue per annum. He said this on Tuesday in Abuja at a stakeholders' dialogue session with the management of the Federal Radio Corporation of Nigeria (FRCN), led by its Director General, Malam Mansur Liman.... 

Thu, 15 Feb 2018
Air Peace has deepened competition in the aviation sector with its inauguration of Lagos-Kano-Lagos and Kano flight services. The airline said the Kano flight operations is a very significant milestone in its vision to unite Nigeria through air travel and lift the nation's economy through trade facilitation and massive job creation. Speaking during a brief... 

Thu, 15 Feb 2018
AlHuda Centre of Islamic Banking and Economics has announced African Takaful Forum on this March Abuja, which targets to provide knowledge and benefits of Takaful industry to the relevant market. The platform will help analyze the problems hindering rapid development of Takaful in Nigeria that would surely help increase financial inclusion. The programme will be... 

Thu, 15 Feb 2018
The management of Dana Air has pledged to train more Nigerian Pilots year in year out as it decorates two captains and three first officers. Speaking while decorating the captains and first officers in Lagos , Segun Omole, the director of Dana Air flight operations, disclosed that most of the pilots were trained in Nigeria,... 

Thu, 15 Feb 2018
In 2001, the Lagos State government consolidated all property and land-based rates and charges previously applicable under Land Rates, Tenement Rates and Neighbourhood Improvement Charge into a single rate. Thus, the Land Use Charge as prescribed by the Land Use Charge Law, No 11 of 2001 applicable to landed properties in Lagos State commenced on... 

Thu, 15 Feb 2018
Nigerians in the United Kingdom (UK) are pushing for extension of the deadline of ongoing Voluntary Asset and Income Declaration Scheme (VAIDS). Since Wednesday January 31, 2018, the UK law enforcement has a new weapon in its armory ' Unexplained Wealth Orders (UWOs) which requires those that hold property to explain the origin of assets.... 
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