NIGERIA NEWSPAPERS: TODAY’S BUSINESSDAY NEWSPAPER HEADLINES [5 JULY, 2018].

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MTN Nigeria IPO to begin August after SEC’s go ahead
Thu, 05 Jul 2018
The worry of investors and stakeholders awaiting an announced date for the much anticipated MTN Nigeria initial public offering (IPO) is finally over, as sources privy to developments have confirmed to BusinessDay exclusively that August is the targeted beginning date for the planned sale. This follows a final go ahead given by the Securities and… The post MTN Nigeria IPO to begin August after SEC’s go ahead appeared first on BusinessDay : News you can trust.
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Why P&G shut $300m plant one year after launch by VP
Thu, 05 Jul 2018
The harsh economic environment emerging in the country is currently affecting a crop of multinational companies operating in Nigeria, especially in Agbara industrial estate as Procter and Gamble Nigeria Plc has shut its $300 million manufacturing plant in Ogun State, the single largest non ‘ oil investment from the United States. According to the… The post Why P&G shut $300m plant one year after launch by VP appeared first on BusinessDay : News you can trust.
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Beer wars: Golden Guinea files N10bn suit against Pabod
Thu, 05 Jul 2018
Golden Guinea Breweries Plc has approached the Federal High Court demanding for general damages in the sum of N10 billion from Pabod Breweries Limited, a company which AB InBev has controlling equity saying Pabod infringed on its trademark for the production of Eagle Stout. Already, the case has been heard twice since 2016. The latest… The post Beer wars: Golden Guinea files N10bn suit against Pabod appeared first on BusinessDay : News you can trust.
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Nigeria has a subsisting Debt Management Strategy ‘ DMO
Thu, 05 Jul 2018
Contrary to the publication on the front page of ThisDay Newspapers of July 4, 2018, Nigeria has a duly approved Debt Management Strategy. The Debt Management Strategy was approved by the Federal Executive Council in June 2016 and has an expiry date of December 2019. The document is available on https://www.dmo.gov.ng/publications/other-publications/debt-management-strategy. The publication by… The post Nigeria has a subsisting Debt Management Strategy ‘ DMO appeared first on BusinessDay
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More trouble for Buhari, APC, as nPDP, others form rAPC
Thu, 05 Jul 2018
More trouble awaits President Muhammadu Buhari and the ruling All Progressives Congress (APC) ahead of the 2019 general election. This is as the warring nPDP faction in APC has joined forces with some aggrieved members of the Congress for Progressive Change, CPC, All Nigeria Peoples Party, ANNP and Action Congress of Nigeria, ACN to… The post More trouble for Buhari, APC, as nPDP, others form rAPC appeared first on BusinessDay : News you can trust.
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LafargeHolcim appoints new manager for Africa, Middle East
Thu, 05 Jul 2018
Cement maker LafargeHolcim on Wednesday appointed a new manager Miljan Gutovic for its Middle East, Africa business. Chief Executive, Jan Jenisch, made the announcement in Zurich in his continued reshuffle of bosses at the company. Jenisch cited challenging conditions in countries, including Algeria, Nigeria and Iraq as hurting its business in the region, which in… The post LafargeHolcim appoints new manager for Africa, Middle East appeared first on BusinessDay : News you can trust.
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Property consultant urges banks to play roles in housing sector
Thu, 05 Jul 2018
Worried over the lingering housing deficit, a Property Consultant, Mr Adeolu Ogunbanjo, has advised commercial banks to be more active in the housing sector and address challenges in the sector. Ogunbanjo, the Chairman of the Association of Estate Agents of Nigeria (AEAN), gave the advice in an interview with the News Agency of Nigeria (NAN)… The post Property consultant urges banks to play roles in housing sector appeared first on BusinessDay : News you can trust.
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BoI, UNIDO partner to boost industrial development
Thu, 05 Jul 2018
The Bank of Industry (BoI) and United Nations Industrial Development Organisation (UNIDO), are collaborating to drive Federal Government’s Economic Recovery and Growth Plan (ERGP) through inclusive and sustainable industrial development. This was disclosed during the courtesy visit of Jean Bankole, UNIDO Regional Director and Representative to Nigeria and ECOWAS, to BoI’s office on Tuesday in… The post BoI, UNIDO partner to boost industrial development appeared first on BusinessDay :
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NASSI seeks improved infrastructure, funding for MSMEs
Thu, 05 Jul 2018
The Nigerian Association of Small Scale Industrialists (NASSI) has appealed to Governments at all levels to allocate 25 percent of the land available at all Industrial corridors for micro, small and medium enterprises (MSMEs) at different rate slabs and for acquiring models. They said this will help MSMEs to start their business ventures at affordable… The post NASSI seeks improved infrastructure, funding for MSMEs appeared first on BusinessDay : News you can trust.
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