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BUSINESS NEWS BRIEF – OCTOBER 15, 2015

Home   /   NSE-Stats 24/09/2014   /   BUSINESS NEWS BRIEF – OCTOBER 15, 2015
15
Oct

THIS DAY

Nigeria Set for Global Business at GITEX 2015

Nigeria will next week attract global business to the country, through its participation at this year’s GITEX exhibition and conference that is holding in Dubai. Part of the attraction is the setting up of the Nigerian Country Pavilion at GITEX 2015, a global event that draws participation from about 150 countries, and opens officially on Sunday October 18.[Read More…]

DAILY SUN

SEC’s round table on Islamic capital market kicks off
THE Securities and Ex­change Commission (SEC), in its effort to promote finan­cial inclusion through the Capital Market, is organis­ing a regional roundtable on Islamic capital market, with the Theme: Financing De­velopment through Islamic Capital Market – a Viable Alternative, on Monday, next week.[Read More…]

GUARDIAN

Nigeria’s crude oil production increases by 34,000 barrels per day

Nigeria’s crude oil production has increased by 34,000 barrels per day (bpd) from the 1.865 million bpd in the month of August to 1.9 mbpd in September, according to the latest report of the Organisation of Petroleum Exporting Countries (OPEC).[Read More…]

Vitapur to boost production with new equipment
As part of efforts to expand its scope of production and enhance product quality, Vitapur Nigeria Limited, a subsidiary of Vitafoam has acquired a new sandwich polyurethane panel, as well as concluded arrangements to commission two fabricated buildings in Oyo state.[Read More…]

LEADERSHIP

Inflation Rises To 2-year High At 9.4%
Inflation rate, the average rate of change in prices of goods and commodities rose for the eight consecutive months in nine months to 9.4 per cent in the month of September.[Read More…]

TRIBUNE

Nigeria loses $15bn to non-passage of PIB – Kachikwu
THE Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Dr Emmanuel Kachikwu, on Wednesday said Nigeria loses $15 billion (about N3.3 trillion) to non-passage of the Petroleum Industry Bill (PIB).[Read More…]

REUTERS

Asia stocks rise, dollar sags as weak U.S. data dents rate hike prospects
Asian shares rose to 2-month highs on Thursday and the dollar struggled near multi-week lows after weak U.S. economic data added to expectations that the Federal Reserve will delay hiking interest rates.[Read More…]

Fed rate hike could have greater global repercussions than in the past: ECB
A rate hike by the Federal Reserve could have greater global repercussions than in the past because the economy has changed and central banks have little experience moving away from interest rates of zero, European Central Bank Vice President Vitor Constancio said.[Read More…]

BLOOMBERG

Index Futures Rally With Emerging Currencies on Fading Fed Bets
European and U.S. equity-index futures climbed with Asian stocks and emerging-market currencies as weak economic data from around the world sent the odds of the Federal Reserve increasing interest rates by the end of this year to a record low.[Read More…]

 

fake richard mille
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