Top Business Headlines in Nigeria // January 26, 2018 12:46 PM

in #news6 years ago

Toyota SA to recall 730 000 cars over defective airbags


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DESTINY Magazine - Toyota South Africa is recalling 730 000 cars to replace defective airbag inflators affecting different models, Xinhua news agency reported on Friday
By: null
Read More: http://www.destinyconnect.com/2018/01/26/toyota-sa-recall-730000-cars-defective-airbags-xinhua/
Friday, January 26, 2018 12:03 PM

Owaza Oil community calls for FG intervention over gas flaring

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By: TVCN
Read More: https://tvcnews.tv/2018/01/owaza-oil-community-calls-for-fg-intervention-over-gas-flaring/
Friday, January 26, 2018 11:59 AM

Nigeria Going After Tax Defaulters Who Say 'Catch Us If You Can'


Nigeria’s finance minister plans to drag tax defaulters who don’t make use of an amnesty to court as she seeks funds to plug the nation’s $25 billion infrastructure gap.
By: David Malingha Doya, Sophie Mongalvy, Antony Sguazzin
Read More: https://www.bloomberg.com/news/articles/2018-01-26/nigeria-going-after-tax-defaulters-who-say-catch-us-if-you-can
Friday, January 26, 2018 11:51 AM

EXCLUSIVE: Teleology highly favoured to take over 9mobile


Teleology Holdings Limited, promoted by Adrian Wood, the pioneer CEO of MTN Nigeria, is the preferred bidder for 9mobile, TheCable can report. Smile Telecoms Holdings, a telco operating in Nigeria, Tanzania, Uganda,
By: 👤by Malik Abdulganiy
Read More: https://www.thecable.ng/exclusive-teleology-highly-favoured-take-9mobile
Friday, January 26, 2018 11:49 AM

Meet billionaire, Reuben Singh, who matches color of his turban with a matching Rolls Royce


The stories of riches are dreamy and fascinating, so is of London based Sikh businessman Sardar Reuben Singh, who owned a fleet of Royals Royces and matched them with his turban color. He started out young and exhaled well in his business before becoming bank…
By: OGA
Read More: https://www.informationng.com/2018/01/meet-billionaire-reuben-singh-who-matches-color-of-his-turban-with-a-matching-rolls-royce.html
Friday, January 26, 2018 11:28 AM

Chinese firm set to develop Inland Container Depot in Edo


A Chinese firm, China Harbour Engineering Company (Nig.) Ltd, has indicated its readiness to go into partnership with Atlantique Marine Engineering Service
By: https://www.facebook.com/thenationng
Read More: http://thenationonlineng.net/chinese-firm-set-develop-inland-container-depot-edo/
Friday, January 26, 2018 11:23 AM

OPEC basket price climbs to USD 68.46 pb

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By: null
Read More: https://www.kuna.net.kw/ArticleDetails.aspx?id=2685785&language=en
Friday, January 26, 2018 11:05 AM

EMERGING MARKETS-Emerging stocks hit 10-yr high, rand roars on waning dollar


Lifted by optimism about globalgrowth and a weaker dollar, emerging markets enjoyed anotherstellar end to the week on Friday, with stocks hitting a 10-yearpeak while currencies soared and South Africa's rand roared to a2-1/2 year high.
By: Reuters Editorial
Read More: https://uk.reuters.com/article/emerging-markets/emerging-markets-emerging-stocks-hit-10-yr-high-rand-roars-on-waning-dollar-idUKL8N1PL27R
Friday, January 26, 2018 10:27 AM

$21bn Oil Revenue Loss To IOCs: Offshore Spreadsheets At Dawn

This would have been a commendable initiative by the National Assembly but for the thin line between genuine patriotic intent and outright self-serving machinations of our lawmakers as being displayed every day
By: siteadmin
Read More: http://saharareporters.com/2018/01/26/21bn-oil-revenue-loss-iocs-offshore-spreadsheets-dawn
Friday, January 26, 2018 10:03 AM

AI Expo Africa 2018 aims to showcase opportunities in artificial intelligence


This September Cape Town will host one of the continent's first events that aims to promote the AI business opportunities.
By: http://www.facebook.com/pages/memeburn/249692142258
Read More: http://ventureburn.com/2018/01/ai-expo-africa-2018-aims-showcase-business-opportunities-artificial-intelligence/
Friday, January 26, 2018 8:54 AM

How Nigeria's Naira Fared Against US Dollar This Week


The Nigerian naira on Wednesday, January 24, stabilized at N360.25 per United States dollar in the Investors’ and Exporters’ (I&E) window. Data from the Financial Market Dealers Quote (FMDQ) showed that the indicative exchange rate for the window, known as Ni…
By: http://www.facebook.com/informationnigeria
Read More: https://www.informationng.com/2018/01/how-nigerias-naira-fared-against-us-dollar-jan.html
Friday, January 26, 2018 8:21 AM

Investors in cryptocurrencies are gamblers — Emefiele


Central Bank of Nigeria (CBN) yesterday said that it would not render support to Nigerians investing in cryptocurrency, describing such investment has gambling. The Governor of the CBN, Mr. Godwin Emefiele stated this in Abuja during an interview with Bloomb…
By: View all posts by Emmanuel Okogba →
Read More: https://www.vanguardngr.com/2018/01/investors-cryptocurrencies-gamblers-emefiele/
Friday, January 26, 2018 5:11 AM

Lifeline for BASL, FAAN in MMA2 concession saga


Infrastructure Concession Regulatory Commission (ICRC) this week intervened in the Murtala Muhammed Airport II (MMA2) concession controversy, in an approach that may eventually resolve it for mutual benefit. WOLE OYEBADE reports. A new ray of hope shined brig…
By: null
Read More: https://guardian.ng/business-services/lifeline-for-basl-faan-in-mma2-concession-saga/
Friday, January 26, 2018 4:31 AM

Adapt IT eyes state deals amid graft blitz


http://lh3.googleusercontent.com/eARvrI3WxzccEThsw4TXrAVYkv7ZPxmEP6LqtS2zzx60sv0ig8enxGQAbSHKLDmoGOl8vMIh07Xyhxp-hQz8PZiqB0_hIDs=s1000

The direct attack on corruption will mean business is given on merit, says CEO Sbu Shabalala
By: null
Read More: https://www.businesslive.co.za/bd/companies/telecoms-and-technology/2018-01-26-adapt-it-eyes-state-deals-amid-graft-blitz/
Friday, January 26, 2018 4:17 AM

FG plans $2.5bn Eurobonds sale in Q1 2018-DMO


THE Federal Government has commenced moves to raise $2.5 billion through issuance of Eurobonds in the first quarter of 2018 to refinance domestic debt.
By: View all posts by Emmanuel Okogba →
Read More: https://www.vanguardngr.com/2018/01/fg-plans-2-5bn-eurobonds-sale-q1-2018-dmo/
Friday, January 26, 2018 4:11 AM

Union in legal steps against Steinhoff


http://lh3.googleusercontent.com/zYb75nZcuPt8WBZ2EI4nRPIFwqIh79Nls3fzKjCZwF2V-BLwBoCre1ira3XZSPjAiBK3MbPuiRm-j0uR64h3N_nA_PWunMcq=s1000

The Public Servants Association wants to recoup about $1.4bn lost in the accounting scandal
By: null
Read More: https://www.businesslive.co.za/bd/national/2018-01-26-union-in-legal-steps-against-steinhoff/
Friday, January 26, 2018 3:59 AM

Profit taking drags indices down by N156 billion

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By: null
Read More: https://guardian.ng/business-services/profit-taking-drags-indices-down-by-n156-billion/
Friday, January 26, 2018 3:48 AM

Premium bread makers' body berths to ensure quality control


The Premium Breadmakers Association of Nigeria (PBAN) has come on stream to ensure quality control in the food and beverage industries. During a maiden press conference in Lagos of the body that was incorporated on January 3 this year, the president, Tosan Je…
By: null
Read More: https://guardian.ng/news/premium-bread-makers-body-berths-to-ensure-quality-control/
Friday, January 26, 2018 3:13 AM

NNPC Rakes In $239m From Crude Oil

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By: The Tide
Read More: http://www.thetidenewsonline.com/2018/01/26/nnpc-rakes-in-239m-from-crude-oil/
Friday, January 26, 2018 1:42 AM

FG Urged to Channel Borrowed Funds Only to Infrastructure Financing


Obinna Chima and Nume Ekeghe The federal government has been advised to only channel borrowed funds to specific infrastructure projects rather than increasing its debt profile for recurrent expendi…
By: Online Editor
Read More: https://www.thisdaylive.com/index.php/2018/01/26/fg-urged-to-channel-borrowed-funds-only-to-infrastructure-financing/
Friday, January 26, 2018 1:23 AM

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