Nigeria Newspapers: Today’s BusinessDay Newspaper Headlines [17 September, 2018].

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Smart buyers go bargain-hunting as stock prices hit new lows
Mon, 17 Sep 2018
As stock valuations remain depressed, some investors are seeing value and buying stocks with confidence that the current downtrend will not last forever. The ‘smart buyers’ believe there can be no better time to beef up their portfolios in value stocks in anticipation of superior future Return on Investment (ROI) other than now that shares…
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BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

Economic management team meets on minimum wage this week ‘ Ngige
Mon, 17 Sep 2018
Workers in Nigeria will from this week know their fate on the proposed Federal government minimum wage as the National Minimum Wage Committee is set to meet with the Economic Management Team (EMT) headed by Vice President Yemi Osinbajo. The meeting, BusinessDay gathered at the Presidential Villa, over the weekend, is expected to review the…
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GE launches world’s first 6B repowering gas turbine solution
Mon, 17 Sep 2018
GE’s Power Services Business Continues Investments in its power generation fleet with new solution that elevates existing 6B gas turbine performance to new unit capabilities. The new solution will help power producers achieve up to $3 million a year in fuel savings per unit’ This Solution Enables Power Producers to Refresh their aging assets with…
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How FrieslandCampina’s ’23m investment will impact milk production
Mon, 17 Sep 2018
Royal FrieslandCampina recently announced plans to invest ’23 million in Nigerian milk production as part of its Dairy Development Programme (DDP) in the country. Hein Schumacher, the company’s global CEO, made the announcement in Abuja while leading FrieslandCampina’s delegation on a courtesy visit to Yemi Osinbajo, vice president, at the Presidential Villa. Speaking to journalists…
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SEC extends offer period for Mutual Benefits’ rights issue
Mon, 17 Sep 2018
Mutual Benefits Assurance Plc has received Security Exchange Commission (SEC)’s approval for an extension of the offer period of its Rights Issue. The Acceptance List for the Rights Issue which opened Monday 6th August, and billed to close Friday 14th September, will now close Friday 28th September 2018. The extension will afford shareholders who have…
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LCCI announces big changes for Lagos International Trade Fair
Mon, 17 Sep 2018
Ahead of its November 2 -11 Lagos International Trade Fair, the Lagos Chamber of Commerce and Industry (LCCI) says it wants replicate the ambience found in international fairs by moving booking process from physical registration to online, banning loud speakers and carnival dancing and introducing marquee tents in place of wooden ones . Gabriel Idahosa,…
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UN Climate Change to present revamp action plan this week
Mon, 17 Sep 2018
As leaders gather in California this week for the Global Climate Action Summit (GCAS2018), UN Climate Change is presenting a revamped version of its Climate Action Portal, featuring the accelerated action underway by cities, regions, companies and investors to achieve the collective goals of the Paris Agreement. The preview coincides with what has been dubbed…
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NAIC offers palliative to support farmers in flood prone areas
Mon, 17 Sep 2018
Agricultural specialist insurer, Nigerian Agricultural Insurance Corporation (NAIC) has assured farmers in flood prone areas across the country of its commitment to protect their agro assets and properties through effective risk management. NAIC said in view of the recent flood disasters across the country, the Board and management sympathizes with affected farmers under its cover…
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Regulation of electronic funds transfer commences October 2, says CBN
Mon, 17 Sep 2018
The Central Bank of. Nigeria (CBN) has fixed the effective date of the regulation of Electronic Funds Transfer (EFT) services in the country at October 2, 2018. Dipo Fatokun, director, banking and payments system department, stated this in circular to all deposit money banks, Microfinance banks, other financial institutions, mobile money operators, development finance institutions,…
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