Nigeria Newspapers: Today’s BusinessDay Newspaper Headlines [19 October, 2018].

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Lagos has more premium consumers than 46 African countries
Fri, 19 Oct 2018
Lagos has more concentration of people with ‘discretionary’ spending power of at least US$5,500 (N1.98 million) per annum than 46 other countries in Africa. Premium consumers are people, who after spending on necessities like rent, food and school fees, still have at least N1.98 million left over to spend on what are considered luxuries like…
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BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

BusinessDay 19 Oct 2018
Fri, 19 Oct 2018
BusinessDay 19 Oct 2018
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Nigeria emerges fastest growing Airbnb market in Africa
Fri, 19 Oct 2018
Nigeria is now the fastest growing Airbnd market in Africa. The platform, which allows home owners to earn extra income from hosting guests in their spare rooms for specific period has seen a significant growth of 213 percent in Nigeria in the last five years, making it the fastest growing market in Africa. The Airbnb…
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2019: Atiku must run on his record of public office not questionable private businesses- Keyamo
Fri, 19 Oct 2018
Spokesman of the President Muhammadu Buhari Campaign Organisation, Festus Keyamo, has blasted the presidential candidate of the People’s Democratic Party (PDP) Atiku Abubakar and challenged theformer Vice Presidentto campaign on his record as public office instead of his questionable and much touted private businesses.In this interview with JOHN OSADOLOR and JAMES KWEN, the Senior Advocate…
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UNIDO partners NEPC to enhance export product quality
Fri, 19 Oct 2018
The Nigerian Export Promotion Council’s plan to establish Quality Management Training Center (QMT) Centre for exports has received endorsement with the donation of ICT training equipment and accessories by the United Nations Development Organization (UNIDO). The proposed plan would make the NEPC Training Centre one of the first of its kind. This will guarantee requisite…
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How inadequate power supply, others ruined Nigerian textile industry ‘ stakeholders
Fri, 19 Oct 2018
Stakeholders have painted a pathetic picture of how dwindling power supply among other factors ruined the once vibrant Nigerian textile industry, leaving Africa’s biggest economy at the mercy of inferior foreign and smuggled fabrics with grave consequences on job creation. According to the stakeholders, Nigeria was a hub of textile manufacturing in 1970s and 1980s…
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LBS, Fine & Country out to build leaders for Africa’s real estate industry
Fri, 19 Oct 2018
As a proactive measure to produce people that will lead, engage and benefit from an industry that has steadily grown over the years and has more potential to grow further in the coming years, the Lagos Business School (LBS) and Fine & Country West Africa have come together in a collaborative effort to build leaders…
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Nigeria invests 69.3% of pension assets in FG securities
Fri, 19 Oct 2018
About 69.30 percent of Nigeria’s N8.3 trillion total pension assets are currently invested in Federal Government Securities, according to the National Pension Commission (PENCOM). This indicates a total of N5.78 trillion investment in Federal Government securities. A breakdown of the figure indicates that N4.22 trillion is invested in FGN Bonds; N1.49 trillion in government’s treasury…
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Health workers require re-orientation on handling of medicines
Fri, 19 Oct 2018
The need to provide re-orientation for health workers in the handling of medicines, particularly those used for women during childbirth is being emphasised by experts in medicine quality and public health. This need was reinforced when BusinessDay correspondent interviewed Chioma Ejekam, a public health physician, who works in the department of community health, Lagos University…
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Nigeria partakes in Africa’s first nutrition forum, offering $82mn investment opportunity
Fri, 19 Oct 2018
Nigeria has joined other African countries in the campaign to improve nutrition and food security on the continent as the world marks food day. Focusing on Nigeria is important considering underweight prevalence (children who are too thin for their age) increased from 24.2% to 31.5%, stunting prevalence (children who are short for their age) increased…
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Dangote Cement, 12 others lift stock market value by over N80bn
Fri, 19 Oct 2018
Increased bargains in favour of Dangote Cement Plc, Nigerian Breweries Plc, FBN Holdings Plc, Zenith Bank Plc, and Fidelity Bank Plc helped to lift stocks value by N83billion at the close of trading on Thursday October 18.This comes on the heels of only 13 stocks advancing in price as against 22 losers. At the sound…
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Using Facebook to predict depression
Fri, 19 Oct 2018
New research uses over half a million Facebook status updates to predict depression diagnoses in people at risk. Depression is one of the most widespread mental health problems in the United States, with over 16 million adults having experienced at least one major depressive episode in their lifetimes. Worldwide, the World Health Organization (WHO) estimates…
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Zenith Bank reports N167.3bn pre-tax profit in Q3’18, up 9.67%
Fri, 19 Oct 2018
Nigeria’s tier-one lender Zenith Bank Plc reported Profit Before Tax (PBT) of N167.307billion in the third-quarter (Q3) of 2018 from N152.552billion recorded in corresponding third-quarter period of 2017, up by 9.67percent. The bank’s Gross Earnings decline of 10.66percent for the third-quarter (Q3) period ended September 30, 2018 which stood at N474.60billionm, down from N531.26billion in…
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Why Nigeria attracts substandard, falsified drugs
Fri, 19 Oct 2018
Nigeria is attractive for the dumping of substandard and fake drugs because the country is unable to provide an enabling environment and incentives to get foreign manufacturers to set up facilities, and manufacture medicines, which can be effectively regulated for use by Nigerians. Currently, the country is unable to capture up to 80 percent of…
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NGO advocates for more awareness on endometriosis in Nigeria
Fri, 19 Oct 2018
EndoSurvivors International Foundation (ESIF), a Non-Governmental Organisation (NGO) promoting endometriosis awareness, is advocating the need to increase awareness and diagnosis of the disease in the country, as a way of managing the ailment. Endometriosis is a condition when tissue similar to the lining of the uterus (the endometrial stroma and glands, which should only be…
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How noise, pollution, prolonged stay in traffic impact our health
Fri, 19 Oct 2018
As many Nigerians battle with increasing traffic congestion, particularly in urban centres, experts say noise, pollution, and long stay in traffic is an important public health issue with negative impacts on human health. Studies have shown that being exposed to the daily hassles of traffic can lead to higher chronic stress; similarly according a study…
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