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


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

Thu, 05 Apr 2018
Nigeria's central bank left its key interest rate at a record high of 14 percent to fight inflation as its awaits confirmation from data of deceleration in the headline consumer price index (CPI) in Africa's largest economy. Aishah Ahmad, Edward Adamu, and the two other newly confirmed members of the Monetary Policy Committee (MPC) of...

Thu, 05 Apr 2018
The Nigeria Sovereign Investment Authority (NSIA), says its investment in promoting local farming is yielding results as production of made-in-Nigeria fertiliser has presently hit 2.22 million metric tonnes. The Managing Director of NSIA, Uche Orji in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja, said NSIA's investment was to make... 

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Thu, 05 Apr 2018
Nigerian workers whose Retirement Savings Account (RSA) balance stands at N550, 000.00 or below at retirement, as well as expatriates who worked in Nigeria and have returned to their home countries have taken away N22.07 billion from pension funds since take off of the Contributory Pension Scheme(CPS). CPS is a fall out of the Pension... 

Thu, 05 Apr 2018
After several months of inactivity, the Nigerian Bar Association Section on Legal practice (SLP) is coming all out to change the face of legal practice in Nigeria with its forthcoming conference scheduled to hold in Port Harcourt from Thursday April 12th to Friday the 15th, 2018. The conference, which is themed, 'Re-thinking and Re-tooling...

Thu, 05 Apr 2018
Investors in Nigerian stock market raked-in about N1.4billion in the first-quarter (Q1) of 2018 as equities appreciated. This feat was achieved despite that investor's recouped profit from earlier positions entered in January, even as corporate earnings failed to rekindle some investors' appetite towards the end of the review quarter. The Nigerian equity market rose by...

Thu, 05 Apr 2018
Bitcoin and ethereum just had their worst first-quarter (Q1) price performances in history, but ripple fell the most out of the top three major cryptocurrencies. Cryptocurrencies have been hit with increasing regulatory scrutiny and an advertising crackdown from internet firms Google, Facebook and Twitter. Over $119.9 billion was wiped off the market capitalisation or value...

Thu, 05 Apr 2018
In profession where the intellectual prowess of women is yet to be fully acknowledged and accepted as a tool for societal development, only a handful of the male gender openly encourage and support women in the work place. Paul Usoro, SAN, a distinguished gentleman and one of Nigeria's finest Lawyers, is one of such supportive... 

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Thu, 05 Apr 2018
Professor Isa Chiroma took over as the Director-General Nigerian Law School in February 2018. His arrival at the Nigerian Law School Bwari was greeted with an outstanding expression of happiness and hope by the staff of the institution. While Prof Chiroma's reception by staff may be the normal sentiments of Nigerians whenever a new helmsman... 

Thu, 05 Apr 2018
Following the release of a video online demonstrating how Blue Band 'Spread for Bread' (a product of Unilever Nigeria PLC) reacts under certain heat conditions, with suggestions that the product may be unsafe for consumption, the manufacturer of the product has made attempts to address public concern by differentiating its products and explaining the purposes... 

Thu, 05 Apr 2018
Fidson Healthcare Plc's organic expansion into new products category has delivered sustainable earnings growth for the company. The drug maker continues to utilize the resources of its owners in generating higher profit while contemporaneously maximizing the value of shareholders. For the year ended December 2017, Fidson's net margins increased to 7.54 percent from 4.13... 

Thu, 05 Apr 2018
Temitope Akinsanya, human resources director, British American Tobacco Nigeria (BATN) in this interview with a select Journalist including Modestus Anaesoronye, speaks about the massive economic benefits in the nation's rich human resources, the company's adherence to corporate best practices and its contribution to economic development in the country. Excerpts: What motivated BATN to partake in... 

Thu, 05 Apr 2018
United Kingdom based, Savannah Petroleum Plc announced a total comprehensive loss for 2017 of $27 million which is a 170 per cent increase from $10million in 2016 which was primarily due to the exceptional transaction costs associated with the Seven Energy as operating expenses increased by 222 percent to $27.1 million from $8.4 million in... 

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Thu, 05 Apr 2018
Recently, JLL Spark, a division of Jones Lang LaSale (JLL), announced its acquisition of Stessa, a software-as-a-service (SaaS)-based real estate technology platform'an investment that bolsters the company's position as catalyst for change in the real estate industry. As a technology platform, Stessa allows investors in income properties to easily and cost-effectively track, manage and communicate...

Thu, 05 Apr 2018
Integrated Oil and Gas, the promoter of $450 million Tomaro Industrial Park and Free Trade Zone (FTZ), has commenced construction works at the project site of the FTZ located at the Tomaro Island in Lagos. So far, serious construction is ongoing at the Eastern side of the industrial park, where investment in the building of... 

Thu, 05 Apr 2018
Arecent visit to Port Harcourt International Airport by BusinessDay showed that cargo handling activities at the airport is seeing a transformation largely due to the recent upgrade of cargo equipment by the Nigerian Aviation Handling Company Plc,(NAHCO). NAHCO, a diversified enterprise with interests in aviation cargo, aircraft handling, passenger facilitation, crew transportation and aviation training... 

Thu, 05 Apr 2018
In the first quarter (Q1) of 2018, NASD reported growth in trading activities on the Over-The-Counter (OTC) market for unlisted securities. The OTC market recorded 112percent increase in value of stocks traded from N1.61 billion in Q1 of 2017 to N3.59 billion in Q1 2018. NASD OTC Securities Exchange continues to play a leading role... View ArticleThe post Q1'18: NASD grows value, volume of securities traded appeared first on BusinessDay : News you can trust. 

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Thu, 05 Apr 2018
Despite geopolitical uncertainties and market volatility, global IPO activity in the first three months of 2018 posted strong results to start the year. Global IPO markets raised $42.8billion in first-quarter (Q1) 2018, a 28percent year-over-year (YoY) increase on Q1 2017. However, with 287 listings this quarter, volume was down 27percent YoY compared with Q1 2017,... View ArticleThe post Global IPO outlook remains robust after promising first-quarter results appeared first on BusinessDay : News 

Thu, 05 Apr 2018
Agroup of aggrieved shareholders of Oando Nigeria Plc last Thursday staged a peaceful protest to the National Assembly requesting that the management of the company led by Wale Tinubu should step aside. The protesters, which consist of members of Trusted Shareholders Association, Proactive Shareholders Association of Nigeria, had among others expressed fears that the forensic... View ArticleThe post Oando shareholders stage protest to National Assembly appeared first on BusinessDay : News you ca 

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