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BUSINESS NEWS BRIEF – DECEMBER 31, 2015

Home   /   NSE-Stats 24/09/2014   /   BUSINESS NEWS BRIEF – DECEMBER 31, 2015
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Dec

December 31, 2015
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in NSE-Stats 24/09/2014

PUNCH

Nigeria to acquire two satellites from China for $701m
Nigeria has opened talks with China for the financing and construction of two new communication satellites at a cost of $701m.[Read More…]

Naira drops to 262 against dollar
The naira weakened against the United States dollar at the parallel market on Wednesday. The local currency closed at 262 against the greenback two days after it rose from 265 to 260.[Read More…]

THISDAY

Nigeria Wins Bid to Provide Communications Satellite Technology to Belarus
The federal government, through the Nigerian Communications Satellite (NIGCOMSAT) Limited, on Wednesday disclosed that it had won the bid to provide communications satellite technology services to the Republic of Belarus over a 15-year period.[Read More…]

FG Urged to Review Forex Policy to Enhance Business Growth
The federal government has been called upon to, as a matter of urgency, review the country’s foreign exchange policy in order to enhance business growth.[Read More…]

VANGUARD

Financial inclusion: CeBIH calls for lifestyle-focused e-payment services
COMMITTEE of e-banking Industry Heads (CeBIH) has called for deployment of electronic payments services focused on the lifestyle of the financially excluded people in the country.[Read More…]

Survey reveals Lagos employers offer least remuneration
A SURVEY conducted by Nigeria’s online job portal, Jobberman.com in conjunction with the Nigerian Bureau of Statistics, NBS has shown that employers within Lagos pay the least starting salary when compared to what other employers offer outside the State.[Read More…]

LEADERSHIP

Nigeria To Start Local Production Of Pencils In 2 Years – Onu
The minister of science and technology, Dr Ogbonnaya Onu, has said that the country will begin local production of pencils in the next two years.[Read More…]

TRIBUNE

FG will digitalise civil service operations in 2016 – HoS
The Federal Government  has said that it will digitalise the operations of the Federal Civil Service in 2016 to forestall altering of vital documents by some officials.[Read More…]

REUTERS

U.S. grain prices soar as floods shut waterways, threaten crops
U.S. grain farmers scrambled to find shelter for their crops and handlers hunted for alternative transportation routes, as widespread floods shut waterways from Illinois to Missouri and spurred a surge in physical prices of corn and soybeans.[Read More…]

BLOOMBERG

Biggest Investors Say Beware the Bond Market as Fed Tightens
Bond returns will probably be ho-hum next year — just as they have been in 2015 — according to the biggest investors.[Read More…]

fake richard mille
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