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


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

Thu, 29 Mar 2018
Nigeria's bourgeoning solar market valued at over N18bn is under threat, operators say, due to the imposition of up to 10 percent import duty on solar panels despite belonging to a classification system which grants it exemption. Consequently, discharge of goods from the ports has been hampered and demurrage charges have risen for operators said... 

Thu, 29 Mar 2018
Bernard Bankole, the re-elected president of the National Association of Nigeria Travel Agencies, (NANTA), has rolled out a two-year plan for the association which has as priorities implementing an Identity card scheme as well getting legislative backing for the association. Speaking during the 42nd Annual General Meeting of NANTA in Port Harcourt, after he emerged... 

Thu, 29 Mar 2018
The turn of the new millennium marked the transition from the age of industrialization to a new paradigm commonly referred to as the networked society. The proliferation of technology-driven platforms that facilitate every conceivable aspect of our daily lives has forever changed the way we relate with goods and services. The days of encyclopedia for... 

Thu, 29 Mar 2018
EbonyLife Ltd, owners of Africa's first Global Black TV Network and Sony Pictures Television (SPT) have announced that they will co-develop three exciting new scripted TV projects with SPT set to distribute internationally. The three-project deal, the first of its kind between SPT and a Nigerian production company, will also include a TV series inspired... 

Thu, 29 Mar 2018
Analysts and economists foresee slow capital inflows into Nigeria, pressure on the foreign exchange market and reduction in capacity utilisation at factories as the general election beckons. They advise government of the day to avoid allowing politics to trump economics and policy making as investors watch how the risks will be managed. 'Elections have the... 

Thu, 29 Mar 2018
The net asset value (NAV) of Nigeria's Collective Investment Schemes (CIS) increased by N7.3billion in the week ended March 16, 2018 to N529.1billion against N521.88billion in the preceding week to March 9, data at the Securities and Exchange Commission (SEC) showed. There are currently about 84 collective investment schemes (Mutual Funds and Exchange Traded Fund)... 

Thu, 29 Mar 2018
Despite improved corporate earnings reported at the Nigerian stock market, equity investors are yet to take remarkable buy decisions. Rather, they have chosen to be recouping profit from earlier positions most of them entered in early trading this year. After impressive run in January 2018, Nigerian equities market performance slid into correction territory in February,... 

Thu, 29 Mar 2018
PAT outperforms estimate albeit underlying earnings remain weak Coming from a loss of N2.4 billion in prior year, Julius Berger reported profit after tax (PAT) of N2.6 billion (Vetiva: N0.6 billion) for FY'17, translating to an Earnings Per Share (EPS) of N3.61. In line with our estimate, the Board of Directors declared a dividend of... View ArticleThe post Julius Berger: One-off incomes buoy return to profitability, says Vetiva appeared first on BusinessDay : News you can trust. 

Thu, 29 Mar 2018
Analysts at Renaissance Capital have upgraded Dangote Cement Plc to Hold on the back of a positive growth outlook for the company. The investment house said the upgrade was based on the cement maker's strong margins, healthy balance sheet and pick up of growth in Nigeria. 'We increase our Dangote Cement TP by 20 percent... View ArticleThe post Rencap upgrades Dangote Cement to HOLD as margins improve appeared first on BusinessDay : News you can trust. 

Thu, 29 Mar 2018
Premium Steels & Mines Ltd., the state of the art steel manufacturing facility at Ovwian-Aladja, Delta State, would during the first phase of production meet more than 50 percent of the domestic steel requirement, which are currently being met through imports. This will also result in valuable foreign exchange saving for the country. Managing Director... View ArticleThe post Premium Steels and Mines to produce 50% of Nigeria's steel requirements in first phase appeared first on Business 

Thu, 29 Mar 2018
Nigeria needs to encourage more non-interest banking that will considerably reduce interest rate and open up access to Small and Medium Enterprises (SMEs) in order to drive national economic growth. Speaking to BusinessDay at the 3rd edition of the Africa Islamic Finance Forum, jointly organised by the Federal Ministry of Finance and the Islamic Corporation... View ArticleThe post Access to finance key to economic growth, says SunTrust Bank appeared first on BusinessDay : News you can trust. 

Thu, 29 Mar 2018
Jaiz Bank PLC and Islamic Corporation for the Development of Private Sector (ICD), the development arm of Islamic Development Bank (IDB), yesterday signed a $20 million line of agreement to finance Small and Medium Sized Enterprises (SMEs) in the country. The line of financing would cover sectors such as industry, communications, technology, health, manufacturing, agriculture... View ArticleThe post Jaiz Bank, Idb sign $20m Smes financing deal appeared first on BusinessDay : News you can trust. 

Thu, 29 Mar 2018
As part of efforts at deepening human capacity as well as actualizing its mission to raise professional competence of the tax profession in Nigeria through up-to-date tax education, the Chartered Institute of Taxation of Nigeria Tax Academy (CITN) has appointed Olumide Obayemi as a Lecturer in its Department of Tax Law. The new appointment confirms... View ArticleThe post CITN deepens capacity, appoints Obayemi as Tax Law lecturer appeared first on BusinessDay : News you can trust. 

Thu, 29 Mar 2018
Jumia Food, a subsidiary of Jumia, the online shopping platform has partnered with six new popular restaurants in Port Harcourt, in an effort to deepen its penetration in the city. These new partnerships with Genesis, Jevinik, South 66, Menage, Casablance and Go Green, bring the total number of active restaurants on the Jumia Food platform... View ArticleThe post Jumia food deepens market penetration in Port Harcourt appeared first on BusinessDay : News you can trust. 

Thu, 29 Mar 2018
Aisha Ahmad and Edward Lametek Adamu have formally assumed duty as Deputy Governors of the Central Bank of Nigeria (CBN), following the confirmation of their appointments last week by the Nigerian Senate. The trio of Professor Adeola Festus Adenikinju, Robert Asogwa and Aliyu Rafindadi Sanusi were also at the Head Office of the CBN to... View ArticleThe post New CBN deputy governors, MPC members assume duty appeared first on BusinessDay : News you can trust. 
Naija Newspapers
Naija Newspapers

Naija Newspaper is a digital media distribution and review company focused on delivering Nigerian news across Nigerian audience. We are the biggest newspaper review company online; our value proposition is to be the all-in-one station for daily newspapers distributed in the country to various online audience. Our partnership includes and is not limited by the following Punch newspaper, Thisday online, Daily Sun Newspaper, Nigeria Tribune, BusinessDay, Leadershjip, Blue Print, Nigeria Guardian and Vanguard newspapers.