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BUSINESS NEWS BRIEF – NOVEMBER 19, 2015

Home   /   NSE-Stats 24/09/2014   /   BUSINESS NEWS BRIEF – NOVEMBER 19, 2015
19
Nov

November 19, 2015
by
in NSE-Stats 24/09/2014

PUNCH

Agriculture will be Nigeria’s major revenue earner –Experts
Agriculture is going to be the major revenue earner for Nigeria as global crude oil prices continue to fall, renowned experts from the International Institute of Tropical Agriculture and Biocrops Biotechnology Limited have said.[Read More…]

Senate okays $200m W’Bank loan for Lagos
The Senate on Wednesday approved $200m foreign loan being the third tranche of the $600m which the Lagos State Government requested from the World Bank through the Federal Government External Borrowing Plan packaged to span 2015 to 2017.[Read More…]

THISDAY

CBN Harps on Risks of Electronic Fraud
The Central Bank of Nigeria (CBN) has alerted on security risks of electronic fraud in the country, but explained that it has beefed up security measures on online transactions, in order to reduce electronic fraud.[Read More…]

DAILY SUN

ABX World partners Arik, SAHCOL on $52bn agro export deal
INDIGENOUS courier firm, ABX World Limited, has an­nounced it is entering into a partnership deal with Arik Air and Skyway Aviation Ground Handling Company (SAH­COL) for the commencement of export of agro-allied prod­ucts from Nigeria. [Read More…]

LEADERSHIP

CBN Directs PMI, DFIs, To Remit To TSA Or Face Sanctions
Having sanctioned three deposit money banks for non compliance with the directive to remit all public sector funds into the Treasury Single Account (TSA), the Central Bank of Nigeria (CBN) has directed all primary mortgage institutions and development finance institutions to comply immediately or face similar fate.[Read More…]

GUARDIAN

Nigeria-German bilateral trade hits 5.5billion Euros
WITH plans and promises to support Nigeria’s ‘change’ agenda, the German Ambassador to Nigeria, Michael Zenner, has disclosed that his country’s bilateral trade volume with Nigeria now stands at 5.5 billion Euros, with projections for increase in the near future.[Read More…]

Shell trains 150 Niger Delta entrepreneurs
Shell Petroleum Development Company of Nigeria Limited (SPDC), has trained 150 young entrepreneurs in Niger Delta region through its 2015 edition of LiveWIRE programme.[Read More…]

THE NATION

Zero-based budgeting will block financial leakages, says Minister
The Minister of Budget and Planning, Senator Udoma Udo-Udoma said yesterday that the Federal Government’s plan for zero-based budgeting from next year would block all financial leakages and bring accountability into government spending.[Read More…]

REUTERS

Asia shares climb, dollar slips on Fed wagers
Asian shares jumped on Thursday and the dollar backed off highs on expectations the Federal Reserve would be confident enough of the U.S. economy to raise rates in December but would then proceed with great caution on further tightening.[Read More…]

BLOOMBERG

Emerging Stocks Advance After Fed Minutes as Ringgit Climbs
Stocks climbed across emerging markets as Federal Reserve minutes signaled that the pace of U.S. [Read More…]interest-rate increases will be slow

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