MTN Jolly Data - Nigeria

business day news

  1. Nigeria World News

    World White men most likely to feel better off under Trump — poll – Businessday NG

    Americans who say they are financially better off under Donald Trump’s presidency are overwhelmingly white men, despite the president’s claims that “almost everyone” has felt the benefits of US economic growth since he took office. The sharp ethnic and gender differences over Mr Trump’s...
  2. Nigeria Metro News

    Metro Customs, police, army using fake document to extort farmers – Federal agency implies – Businessday NG

    Some officers of the Nigeria Customs Service (NCS), Nigeria Police, and the Nigerian Army have been at the centre of extortion suffered by some local farmers to an estimated N1.33 billion, facilitated through what has now been established to be a fake document by the agency whose identity …...
  3. Nigeria Business News

    Business Why 64m of Nigeria’s working class cannot buy affordable housing if available – Businessday

    Out of the 69.54 million Nigerians reported by the National Bureau of Statistics (NBS) to have been gainfully employed as at third quarter of 2018, only 5 million of the total number earn a salary of N3 million and above per year, as compiled from data by Graeme Blaque Group, a Lagos-based...
  4. Nigeria Business News

    Business Nigeria Unveils $732 Million Broadband Project to Boost Economy – Businessday NG – Businessday NG

    Nigeria plans to invest 265 billion naira ($732 million) in broadband infrastructure over the next four years as the government sets its sights on nationwide coverage and to boost an economy recovering from a 2016 contraction. The government will provide 65 billion naira for the project and...
  5. Nigeria Business News

    Business Why WEMPCO Group seeks to offload Oriental Hotel – Businessday NG

    A major debt burden is weighing heavily on Western Metal Products Company Limited (WEMPCO) Group as it plans to sell its flagship five-star Oriental Hotel, BusinessDay has learnt. According to a document seen by BusinessDay on Tuesday, owners of the Luxury Oriental Hotel, situated in-between...
  6. Nigeria Business News

    Business Is NNPC correct that 25m litres of Nigerian petrol are smuggled out daily? – BusinessDay

    Unlike 2017, the Christmas holidays have proceeded without long fuel queues that usually mar the period. But this has come at a huge cost. Since March this year, the Nigerian National Petroleum Corporation has maintained that daily consumption of petrol has risen to more than … Read more...
  7. Nigeria Business News

    Business FG’s 2019 revenue projections shaky as oil prices drop to US$53.01 per barrel – BusinessDay

    Revenue projections in Nigeria’s 2018 budget proposal is already falling apart as Brent Crude oil price continuous to drop. Brent crude was trading at US$53.01 on Wednesday evening after initially dropping below the US$50 mark earlier in the day, sending panic through the oil market. … Read...
  8. Nigeria Business News

    Business Access to raise $200m, write off all Diamond bad loans – BusinessDay

    Access Bank which announced the acquisition of Diamond Bank to create Nigeria’s largest banking institution will embark on a fund raising exercise of about $200m to keep its capital well above regulatory requirements, bankers working on the deal told the Financial Times. Access Bank reached …...
  9. Nigeria Business News

    Business Access – Diamond merger signals stronger banking industry – BusinessDay

    On Monday, Diamond Bank Plc and Access Bank Plc, officially announced a merger deal that would result to a Nigeria and Africa’s largest retail bank by customers. The Board of Diamond Bank believes that the merger is in the best interest of all stakeholders including, … Read more via...
  10. Nigeria Business News

    Business Access Bank now Nigeria’s largest lender after N27bn Diamond merger – BusinessDay

    Access Bank Plc is growing fast; swallowing one bank at a time to achieve an old ambition that came closer with the acquisition of Diamond bank. Access Bank’s rise started with its acquisition of a bigger bank in the shape of Intercontinental Bank in 2012, … Read more via BusinessDay...
  11. Nigeria Metro News

    Metro Employment Scam: Okonjo Iweala’s signature forger jailed- EFCC – BusinessDay

    Raymond Azuka, who was prosecuted by the Economic and Financial Crimes Commission, EFCC for forging a reference letter purportedly signed by Okonjo-Iweala, in order to gain employment at the Nigerian Security Printing and Minting, NSPM as Security Assistant 1A has been sentenced to four years …...
  12. Nigeria Business News

    Business Why Buhari, Atiku’s job promises are unrealistic – BusinessDay

    Despite the massive shedding of jobs in the economy over the last three years, where a record nine million people lost their jobs – and despite the doubling of the unemployment figure from 8.9 percent in the second quarter of 2015 to 18.8 percent Q3 … Read more via BusinessDay Online, TV, and...
  13. Nigeria Business News

    Business Buhari’s approval rating hits 4-year low – BusinessDay

    A monthly job approval rating survey, which gauges public support for the president, conducted by NOI polls shows that President Muhammadu Buhari’s approval ratings has hit a four year low, dropping to 36 percent in October 2018 from a high of 80 percent in October … Read more via BusinessDay...
  14. Nigeria Business News

    Business What Buhari’s return in 2019 will mean to real estate sector in Nigeria – BusinessDay

    After almost four years of dismal performance as reflected in sharp drop in productive capacity, reduced consumer purchasing power and poor standard of living for citizens, Nigerians are edgy and apprehensive of a possible return of Muhammadu Buhari-led government in the aftermath of the 2019 …...
  15. Nigeria Business News

    Business Nigerian stocks cheapest in Africa as investors shun risk – BusinessDay

    Not in any of Africa’s largest economies will you find cheaper company stocks yet investors want nothing to do with Nigeria at the moment and it could get worse as oil prices endure their longest losing streak since 2016. Investors currently pay as low as … Read more via BusinessDay Online...
  16. Nigeria Business News

    Business With Nigerian banks, old lending habits die hard – BusinessDay

    Nigerian banks are yet to catch the bug that agriculture should be the new oil, going by their lending patterns as shown in the latest data from the National Bureau of Statistics (NBS). Despite the government’s push to have Nigerians return to the farm so … Read more via BusinessDay Online...
  17. Nigeria Business News

    Business Farmers as soft targets for Boko Haram make food security hard to achieve – BusinessDay

    Scores of farmers continue to be killed in some parts of the Northeast by Boko Haram, many of which go unreported. For as long as the killings continue and farmers have to stay away from farms out of fear, it will be impossible to achieve … Read more via BusinessDay Online, TV, and Podcast...
  18. Nigeria Business News

    Business Exploring opportunities in AI to bridge Nigeria’s healthcare gap – BusinessDay

    Machines are not likely to replace doctors, at least not in any foreseeable future, but through Artificial Intelligence (AI), efficiency in diagnosing patients, and administering healthcare can be improved. This is particularly important for Nigeria, which has an acute shortage of medical...
  19. Nigeria Business News

    Business Can AI help Nigeria reduce agricultural losses during flooding, nip disease outbreaks? – BusinessDay Online

    Technology adoption, particularly in Agriculture has often been slow in Nigeria, yet the potentials to make tremendous impact exists. The use of Artificial Intelligence in some parts of the world, may offer solutions to some of the problems confronting agricultural productivity in Nigeria...
  20. Nigeria Business News

    Business Stocks drop to 18-month low as bears out-muscle market bulls – BusinessDay Online, TV, and Podcast

    The Nigerian Stock Exchange All Share Index yesterday fell to its lowest point since May last year as continued negative sentiment in the stock market pulled stock prices lower. At market close yesterday, the broad index fell 1.33 percent, settling at 30,611 points, its lowest … Read more...
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