PUNCH
TUC, LCCI differ on proposed petrol price rise
The Federal Government should not effect the proposed increase in the price of Premium Motor Spirit, popularly known as petrol, without reaching an agreement with the organised labour, the Trade Union Congress of Nigeria has warned.[Read More…]
Chinese plan fresh N98.5bn investment in Nigeria
The Minister of State for Industry, Trade and Investment, Hajiya Aisha Abubakar, on Tuesday said that the country would soon see fresh investment of $500m (N98.5bn) from Chinese investors.[Read More…]
THISDAY
Substandard Goods: SON to Introduce Reference Code for Products in 2016
The Standards Organisation of Nigeria (SON) has announced that it has taken additional measures to combat the influx of fake and substandard goods into the country by introducing a reference code on products in 2016.[Read More…]
VANGUARD
World manufacturing output grew 2.7% in third quarter —UNIDO
The United Nations Industrial development Organization (UNIDO) has released its international industrial statistical database on world manufacturing output for the third quarter of 2015, saying it grew by 2.7 per cent.[Read More…]
Amaechi lauds introduction of e-clearance for flights
Lagos—The Minister of Transport, Mr. Rotimi Amaechi yesterday commended the aviation agencies, namely Nigeria Civil Aviation Authority, NCAA and Nigeria Airspace Management Authority, NAMA, for introducing electronic clearance system for flights at the airports.[Read More…]
LEADERSHIP
FG To Pay $2bn Counterpart Fund For Lagos-Calabar Standard Gauge Railway
The federal government has completed plans to pay the $2billion counterpart funding for the Lagos-Calabar standard gauge railway which the Nigerian government signed with the Chinese government since 2009.[Read More…]
THE NATION
Fed Govt moves to insure mortgages
The National Insurance Commission (NAICOM) and the Federal Mortgage Bank of Nigeria (FMBN) have agreed to collaborate to insure all mortgages in the country.[Read More…]
Stanbic IBTC appeals judgment on FRC sanction
Stanbic IBTC Holdings Plc has appealed Monday’s judgment by Justice Ibrahim Buba of the Federal High Court in Lagos over the sanctions imposed on them by the Financial Reporting Council of Nigeria (FRC).[Read More…]
REUTERS
Asia surges as Wall Street gains lifts sentiment before Fed decision
Asian stocks rose briskly on Wednesday, with sentiment lifting as Wall Street rose before a likely hike in U.S. interest rates, while the dollar held to large gains made as Treasury yields picked up.[Read More…]
http://www.reuters.com/article/us-global-markets-idUSKBN0TZ01L20151216
BLOOMBERG
China Growth May Slow to 6.6 Percent in 2016, Researchers Say
Economic growth in China will continue to slow next year to between 6.6 and 6.8 percent, according to the country’s top government-backed research organization.[Read More…]