PUNCH
Naira hits 242 as CBN cuts dollar supply
The naira fell to 242 against the United States dollar at the parallel market on Monday after the Central Bank of Nigeria cut dollar supply to Bureaux de Change operators in a bid to conserve the external reserves.[Read More…]
DMO, NSE want more Nigerians to invest in bonds
The Debt Management Office and Nigerian Stock Exchange are working together to get more retail investors to participate in the bond market.[Read More…]
DAILY SUN
Implications of MTN N1.4trn fine –Stakeholders
Controversy has continued to trail the fine of N1.4trn slammed on MTN Nigeria by the Nigerian Communications Commission (NCC).[Read More…]
GUARDIAN
Guinness strategises to boost profitability, shareholders’ value
Guinness Nigeria Plc, yesterday, unveiled strategic plans to boost profitability and enhance growth, amid harsh operating environment, stating that it has expended N52 billion in in-house upgrading, quality control measures as well as product automation.[Read More…]
Sun Trust Bank secures CBN’s regional licence
Having met the very stringent conditions set by the Central Bank of Nigeria (CBN), I am excited to announce that The Central Bank of Nigeria (CBN) has granted its final approval to SunTrust Bank Nigeria Limited to operate as a commercial bank with regional authorisation, on September 17, one year and two months after application.[Read More…]
VANGUARD
FG unfolds strategy to harness solid minerals potentials
The Federal Government has declared that it plans to harness the developmental benefits of Nigeria’s mineral resources through good resources governance.[Read More…]
LEADERSHIP
Sliding Oil Price: Global Industry Job Loss Hits 250,000
As oil prices continue to plummet, major oil companies are slashing budgets and pruning staff strength.[Read More…]
THE NATION
NCC to sanction MTN, Airtel, Globacom over auto data service migration
The Nigerian Communications Commission (NCC) yesterday said it would sanction MTN, Airtel and Globacom for defying its directive on automatic migration to Pay-As-You-Go data bundle.[Read More…]
BLOOMBERG
OPEC Seen Holding the Line as $40 Crude Looms Over Vienna
It’ll take more than $40 crude to make OPEC change its mind, analysts said before the group’s Dec. 4 meeting in Vienna.[Read More…]
Paris Suffers Slump in Christmas Bookings After Terror Attacks
Passenger bookings for flights arriving in Paris during the Christmas period are down 13 percent on last year after the Nov. 13 terrorist attacks, with visits from the U.S, Spain, Japan and Germany worst affected, according to a study based on figures from 200,000 travel agencies.[Read More…]