NIGERIA NEWSPAPERS: TODAY’S BUSINESSDAY NEWSPAPER HEADLINES [18 AUGUST, 2018].

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Market rebounds from 13 month low on Dangote Cement 9% gain
Sat, 18 Aug 2018
The stock market was up 1.87 percent on Friday after a spike in activity in the last trading hour on the floor of the bourse grew the index by 659 points. The Main board index was trending towards a consecutive daily decline up until 107,000 of Dangote Cement shares were traded at N224, 16 minutes…
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BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

2019 General Elections: INEC releases elections notice in Lagos
Sat, 18 Aug 2018
As part of its preparations for the 2019 general elections, the Independent National Electoral (INEC) in Lagos State on Friday published the notice of elections at its State office, INEC Local Government offices, and state Registration Areas. INEC gave this directive in a statement issued by its spokesperson, Mr Femi Akinbiyi. ‘The action is in…
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Extension of PVC registration: Ortom urges Benue people to register
Sat, 18 Aug 2018
Governor Samuel Ortom of Benue has advised Benue people to take advantage of the two weeks extension of the Permanent Voter Card (PVC) registration by INEC by ensuring that they registered. Ortom gave the advice on Friday in Gboko Local Government Area (LGA), Benue during the Supreme Council of the Tiv Nation. The governor said…
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Is cash the problem
Sat, 18 Aug 2018
The Nigerian Government has announced the take off of Trader Moni a scheme that offers N10,000 collateral free loans to petty traders in the first instance & much more after repayment. First off all lets all agree this is a political move to share helicopter money as elections draw near, no debate, however I want…
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Borrowing without debt sustainability framework dangerous ‘ World Bank
Sat, 18 Aug 2018
The World Bank, and other stakeholders have urged lending caution on countries with no debt sustainability’ in view of rising debt profile in some African countries. ‘This measure, they said would ensure a more prudent and sustainable debt management strategy with rising concerns on debt currently mounting on some African countries. International Financial Institutions who…
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1 in every 2 babies not breastfed exclusively in FCT ‘ Official
Sat, 18 Aug 2018
Amanda Pam, the Secretary, Health and Human Service Secretariat, Federal Capital Territory Administration (FCTA), says one out of every two babies delivered in FCT is not exclusively breastfed. Pam disclosed this at a ‘Baby Show’ organised by the FCT Primary Health Care Board to commemorate the 2018 World Breastfeeding Week with the theme ‘Breastfeeding:…
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Eid-El-Kabir: Imported tomatoes force down price in Lagos market
Sat, 18 Aug 2018
Ahead of Eid-el-Kabir celebration, the prices of tomatoes, pepper and onions have reduced in most markets in Lagos, the News Agency of Nigeria (NAN) reports. A check by NAN on Friday at Mile 12, Oyingbo, Ile-Epo and Iddo Markets, showed that a 40kg basket of tomatoes, sold at N29,000 in July now goes for between…
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Luno on knowledge drive to deepen Nigeria’s cryptocurrency market
Sat, 18 Aug 2018
Concerns over consumers limited knowledge of the cryptocurrencies and how they work, has seen Luno, one of the leading global exchanges with presence in over 40 countries, to embrace a knowledge-driven approach to its services in Nigeria. The cryptocurrency market in Nigeria made headlines globally in 2017 when it twice emerged second as the country…
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Uganda also wants MTN to list on stock exchange
Sat, 18 Aug 2018
Just like Nigeria, the authorities in Uganda have asked MTN’s group in Uganda to list some of its shares on the local stock exchange, Uganda Securities Exchange (USE) as a condition for renewing its operating license that is set to expire in October. Godfrey Mutabazi, Head of Ugandan Communication Commission (UCC) told Reuters that Ugandans…
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FBNQuest Merchant Bank assigned ‘A’ rating by Agusto & Co
Sat, 18 Aug 2018
FBNQuest Merchant Bank has been assigned ‘A’ rating by Agusto & Co. Limited, according to a statement published Friday, on the website of the rating agency. The rating agency said the rating reflects the bank’s affiliation with FBN Holdings, the non’operating holding company of one of the largest banking and financial services organisations in Africa…
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