Nigeria Newspapers: Today’s BusinessDay Newspaper Headlines [9th October, 2018].

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Tale of two sectors: How telecoms overtook oil in GDP contribution
Tue, 09 Oct 2018
Seventeen years after the first set of Global Systems for Mobile Communication (GSM) operators were licensed, the decision seems like a masterstroke as the telecommunication sector’s contribution to gross domestic product (GDP) has overtaken the oil sector, which has been around for over four decades. Unlike its relative stagnant oil and gas sector, the Nigerian…
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BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

Atiku’s choice of running mate seen to shape outcome of 2019 presidential poll
Tue, 09 Oct 2018
The geopolitical zone from which Atiku Abubakar, presidential candidate of the People’s Democratic Party (PDP) picks his running mate and the quality of the candidate he picks will play a key role in determining how the PDP performs in the 2019 presidential election, a cross-section of politicians and political analysts told BusinessDay, yesterday. Atiku, who…
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Visionscape to suspend Lagos operations over attack on trucks, staff
Tue, 09 Oct 2018
Visionscape Sanitation Solutions, an environmental utility group contracted by Lagos State government, is set to suspend operations over claims of reported attacks on its staff and destruction of its vehicles and equipment as a result of political tension in the state. According to a statement signed by Simon Reading, chairman of the Board of Investors…
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Nigeria @58: Destiny of nation lies in the church ‘ Osinbajo
Tue, 09 Oct 2018
Vice President Yemi Osinbajo says the future of Nigeria as a nation lies with the church, most especially Christians across the nation. The Vice President stated that God had designed the redemption of nations around the sacrifices of the saints. Osinbajo spoke at the Lagos State Government 58th Independence anniversary interdenominational church service held at…
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Lagos partners FBRA to rid environment PET waste
Tue, 09 Oct 2018
Worried about improper disposal of post-consumer poly-ethylene terephthalate (PET), leading to the blocking of drainages and canals in the environment, Lagos State government says it is interested in partnering with the Food and Beverage Recycling Alliance (FBRA) for the eradication of those wastes. Lagos, a sprawling city in Nigeria has, in the past three years,…
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Bungalows return with opportunities for investors as short-let market booms
Tue, 09 Oct 2018
The few positive experiences that came with the 15-month economic recession in Nigeria are, evidently, creeping into the country’s property market. Gradually but steadily, therefore, bungalows are returning to the market and are, increasingly, getting attention and consideration from private estate developers who are producing and putting them on the market for home buyers and…
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How unregulated estate agency practice challenges landlords, tenants
Tue, 09 Oct 2018
One of the troubles tenants and potential landlords go through while looking for accommodation or property (land or house) to buy is the fear of getting into wrong hands, which is why clients deal with agents with ‘all eyes’ open. And so there is urgent need to educate the public on what to watch out…
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Oracle summit showcases influence of emerging technologies on business innovation
Tue, 09 Oct 2018
The Nigerian economy is bolstered by a thriving small to medium enterprise (SME) community, with many engagingin business that can only be made possible through cloud technology, the adoption of which is instrumental if businesses and government want to remain relevant and competitive. According to Adebayo Sanni, managing director of Oracle Nigeria, ‘the world of…
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Truecaller’s 300 million users to benefit from new chat feature
Tue, 09 Oct 2018
Truecaller, a mobile application that reveals unknown caller ID, detects and filters out spam calls, messaging and has social media integration has added to its list of functionalities, a new instant messaging (IM) platform called ‘Truecaller Chat’ to help protect its over 300 million users from spread of fake news. With the aim to…
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Prevailing commercial property prices influenced negatively available credit in Q3
Tue, 09 Oct 2018
Available credit to the commercial segment of the real estate sector in the third quarter (Q3) of 2018 declined as a result of prevailing commercial property prices, information compiled from the Central Bank of Nigeria’s (CBN) Credit Conditions Survey Report for the period shows. The apex bank disclosed in the report that ‘lenders reported that…
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Accenture deploys management technology for sales, distribution in Africa
Tue, 09 Oct 2018
Accenture, aglobal professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations is helpingAB InBev, the world’s largest brewer, better manage its sales and distribution operations in Africa with the the deployment of the Accenture NewsPage Distributor Management System (DMS). Accenture DMSis a fully integrateddistributor management and…
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Stock exchange suspend trading in shares of 6 listed companies
Tue, 09 Oct 2018
The Nigerian Stock Exchange (NSE) has suspended trading in the shares of six listed companies ‘namely DN Tyre & Rubber Plc, FTN Cocoa Processors Plc, International Energy Insurance Plc, Thomas Wyatt Nigeria Plc, Union Dicon Salt Plc, and Unic Diversified Holdings Plc. The Exchange disclosed this in a notice dated Monday October 8, 2018 and…
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