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Businessday Newspaper

Today’s BusinessDay Newspaper Headlines, Monday 17th December 2018

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Benedict Peters: For making Nigerians love their football again
Mon, 17 Dec 2018
It appears strange to discuss oil and football in the same sentence. But in Nigeria, these two ‘commodities’ represent two of the most influential features in the lives of its people. Oil, because, obviously, this has remained the mainstay of country’s commercial life since its discovery in 1958. Football, because it is the single most-followed…
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BUY OR SELL OLD AND NEW CARS, PARTS, CAR MATERIALS AS CAR MART NG LAUNCH IN NIGERIA

2019: ADP promises to fight poverty, emancipate youths
Mon, 17 Dec 2018
As the 2019 general election approaches, the Action Democratic Party (ADP), has said it would strive to alleviate poverty among Nigerians and emancipate the youths if the party’s wins the 2019 general election. The Lagos state chairman of the party, Adebowale Adewale, stated this in an interview with BDSUNDAY over the weekend, urging Nigerians to…
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Dying in instalment: Foreign buyers pile pressure on polluting company (2)
Mon, 17 Dec 2018
Two weeks after blood tests confirmed a link between lead acid battery recycling by Everest Metals Nigeria Ltd is poisoning Ipetoro community in Ogun state, the investigation shifts to foreign car makers who buy lead ingots from the company. When confronted with evidence of the company’s dangerous operations, they rethink their business relationships, writes ISAAC…
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I am working to leave a legacy on fashion world
Mon, 17 Dec 2018
Ayangbade Seyi Philip is a fashion designer and graduate of Computer Science. Ayangbade says he has been in the fashion industry since birth. However, he officially started his brand’OmOAyan Concept’ eight years ago.In this interview with JONATHAN ADEROJU, the entrepreneur tells his story. What inspired you to set up this business’ My father has always…
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Rivers would have been making N15bn per month by now, if ‘ Osila, first RIRS executive chairman
Mon, 17 Dec 2018
When Rivers State under Chibuike Rotimi Amaechi decided to reform the tax system in the state and make it the pillar of government income, they picked one model of girl-child education,Osila Onene-Oshoko, as first executive chairman of the newly autonomous Rivers State Internal Revenue Service then patterned after the Federal Government and Lagos systems in…
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Equity portfolio investment takes a back seat as FDI rises by 352 percent
Mon, 17 Dec 2018
Equity investment through foreign direct investment (FDI) rose by 351.72 percent year on year at the end of the third quarter 2018, the analysis of the capital importation into the country for the period ended September 30, 2018 has shown. Based on the capital importation data as released by the National Bureau of Statistics (NBS),…
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From farm to factory: The local input revolution
Mon, 17 Dec 2018
Fatima Abu counts her money and finds that she has made N4, 000. It is 12.35 pm, so she will keep N2, 000 in a local bank and reserve the remaining for domestic use. She has supplied 40 litres of raw milk to FrieslandCampina WAMCO, a Dutch dairy maker in Nigeria, for use as input….
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CBN aware of merger talks between Access Bank and Diamond Bank
Mon, 17 Dec 2018
The Central Bank of Nigeria (CBN) has told BusinessDay that it is aware of the ongoing merger talks between Access and Diamond Bank.The CBN said last night that it is aware of the meetings but has not received formal communication concerning the outcome of the meeting We are aware that there have been meetings but…
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Delay in oil licence renewals worry investors
Mon, 17 Dec 2018
Investors have decried the delay in renewal of many oil licenses which are due in 2019, saying that the country may lose the opportunity to attract reasonable amount of foreign direct investments into the oil and gas industry. The operators said that they cannot take any serious investment decisions because they are at a loss…
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FG, oil marketers meet this week to resolve subsidy impasse, says Marafa
Mon, 17 Dec 2018
Indications emerged weekend that federal government and oil marketers are set to resolve longstanding subsidy impasse This is as federal government will this week meet with the marketers to offset outstanding claims following threats to shut down the fuel supply unless their claims are paid. Chairman of the Senate Committee on Petroleum Downstream sector, Kabir…
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TheNational Root Crops Research Institute,Umudikebridging the food gap
Mon, 17 Dec 2018
The gap which still exists between robust research findings and the people they are supposed to benefit, including the farmers remains a challenge towards the development of agricultural practices in Nigeria. There is little doubt that agriculture is the most sustainable and dependable anchor for the mainstay of the economy. That is, in terms of…
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The Banking Industry: A tale of the large and small
Mon, 17 Dec 2018
The gap between the big banks and the small banks is widening in terms of profitability, balance sheet and market capitalization. Analysts attribute the disparity to inability of the small banks to undertake bigger deals because they have higher cost of funding. They added that the Tier 1 lenders are able to utilize assets in…
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Nigeria’s $4.5bn balance of payment deficit may put c under pressure
Mon, 17 Dec 2018
The foreign exchange market may be under pressure and the economy at risk following a significant turnaround in the country’s position as the overall Balance of Payments (BOP) estimates for the third quarter of (Q3) of 2018 swung into a deficit of $4.54 billion compared to surpluses of $503.97 million recorded in the preceding quarter…
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Read All Nigerian Newspapers Online, Punch Newspaper, Vanguard Newspaper, The Nation Newspaper, Thisday Newspaper, New Telegraph Newspaper, Leadership Newspaper, Daily Trust Newspaper, Daily Sun Newspaper, Businessday Newspaper and many More. For Eyewitness, press release Send to newsroom@naijanewspapers.com.ng, Request for news credit or take down email info@naijanewspapers.com.ng

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