business day news

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    Metro Gene causing breast cancer in Nigerian women identified – BusinessDay

    A multinational research team has identified the genes responsible for inherited breast cancer in Nigerian women, according to the study published in the 21 August issue of the Journal for Clinical Oncology. “This is the first study to use high-throughput genomic analysis of African … Read...
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    Politics I will complete, deliver all ongoing projects in Ekiti before leaving office- Gov. Fayose – BusinessDay

    Ekiti state Governor, Ayodele Fayose, said on Tuesday said that all the ongoing capital projects will be completed and inaugurated before vacating office on October 16, 2018. The governor made the promise while speaking at the 2018 edition of the Annual Udiroko Festival in … Read more via...
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    Business Bank credit to private sector down 1.69% in Q2 2018 – BusinessDay

    Credit facilities allocated to the private sector by Nigerian banks declined by 1.69 percent to N15.34 trillion in the second quarter (Q2) of 2018 from N15.60 trillion in Q2 2017 as shown in the most recent Nigerian Bureau of Statistics (NBS) report. The … Read more via BusinessDay : News...
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    Business Political tension prevents CBN from constituting board – BusinessDay

    The Central Bank of Nigeria (CBN) is yet to constitute its board of director after it dissolved its former board in 2015. The CBN disclosed this in its draft of 2017 annual report released on Wednesday. … Read more via BusinessDay : News you can trust – https://ift.tt/2KYKtMl Get more...
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    Business CBN net income falls by 33.1% to N70.17 billion – BusinessDay

    The audited financial statements of the Central Bank of Nigeria (CBN) for the year ended 31st December, 2017 released in the eight month after the fiscal year of 2017 indicated that net income recorded … Read more via BusinessDay : News you can trust – https://ift.tt/2vPsaV8 Get more: Nigeria...
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    Business RMB revises growth outlook for Nigeria upward – BusinessDay

    Prospects for the country has remained positive for the 2019 fiscal year, as analysts and economists continue to revise outlook for the country upwards. In July, the International Monetary Fund (IMF) upgraded its growth rate forecast … Read more via BusinessDay : News you can trust –...
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    Metro NAFDAC destroys fake, substandard products worth N464.7m in Northeast – BusinessDay

    The National Agency for Food and Drug Administration and Control (NAFDAC), on Thursday destroyed fake, expired, substandard and unwholesome products worth N464 million seized in … Read more via BusinessDay : News you can trust – https://ift.tt/2PhjuiH Get More Nigeria Metro News
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    Metro Police admit detaining Premium Times journalist over ‘classified documents’ – BusinessDay

    The Nigeria Police on Thursday told the public they were detaining PREMIUM TIMES’ journalist, Samuel Ogundipe, over documents, they considered as ‘classified’ which the journalist used to publish a story. Although the police did not say the report was fake, Ogundipe has been in … Read more...
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    Metro Nigeria gets $11million USAID support for health survey – BusinessDay

    The United Nations Agency for International Development (USAID) is to support Nigeria with $11million to flag off the 2018 Nigeria Demographic and Health Survey. The Chairman, National Population Commission (NPC), Eze Duruiheoma disclosed this on in … Read more via BusinessDay : News you...
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    Politics NASS Invasion: Senators to sponsor motion demanding for judicial probe – BusinessDay

    Chairman, Senate Committee on Navy, Isa Hamma Misau and his counterpart in the Committee on Banking, Insurance and Other Financial Institutions, Rafiu Ibrahim, have insisted that they would sponsor a motion on the floor urging the Federal Government to immediately set up a Judicial … Read...
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    Business Vlisco, Obaseki advance talks to locate factory in Benin Industrial Park – BusinessDay

    The Edo State governor, Godwin Obaseki, has said that fruitful negotiations are ongoing to attract Vlisco, one of West Africa’s largest textile companies to set up at Benin Industrial Park (BIP), as … Read more via BusinessDay : News you can trust – https://ift.tt/2MSdgnH Get more: Nigeria...
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    Business Epayments rise by 39.7% on technology adoption, convenience – BusinessDay

    The value of electronic payments increased by 39.7 percent to N99.3 trillion in 2017 from N71.1 trillion in 2016, according to Central Bank of Nigeria’s (CBN) 2017 Annual Draft Report released today. “The rise is … Read more via BusinessDay : News you can trust – https://ift.tt/2MSR5Oj...
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    Metro Concerns mount in Ijanikin, a Lagos suburb, over planned tanker terminal – BusinessDay

    Concerns are growing in Ijanikin, Ojo area of Lagos State over the planned siting of a petroleum tanker terminal within that locality, with the residents arguing the plan is tantamount to shifting a crisis from one part of the state to another without actually … Read more via BusinessDay ...
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    Politics Senate Presidency: Oshiomhole exhibiting thug mentality – PDP – BusinessDay

    The Peoples Democratic Party (PDP) has cautioned the National Chairman of the All Progressives Congress (APC), Adams Oshiomhole stop his obsession to change the leadership of the Senate, as such is completely out of his reach. The party counsels Oshiomhole to stop his childish … Read more...
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    Politics State policing will lead to more timely and effective dispensation of justice – Alabi – BusinessDay

    Boma Alabi was the first female to be elected as the president of Commonwealth Lawyers Association (CWLA). She occupied the enviable position from 2011-2013. Boma is currently the senior partner... Read more via BusinessDay : News you can trust – https://ift.tt/2MH9wW3 Get More Nigeria...
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    Politics New Eleme council boss vows to protect investments, deliver LG for Wike in 2019 – BusinessDay

    The newly elected chairman of Eleme Local Government Area that is landlord to over 120 companies, Philip Okparaji, a lawyer, has vowed to throw everything into the ring to ensure that investors and their assets were protected in the area. The one-time caretaker committee … Read more via...
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    Business Our locally assembled trucks can compete internationally—AG Leventis – BusinessDay

    AG Leventis Nigeria says its locally assembled trucks can compete anywhere in the world as they are durable and economical. Speaking exclusively with BusinessDay in Lagos during the visit of Leventis’ Volkswagen (VW) partners last Thursday, Sunday Asade, chief operating officer, AG Leventis...
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    Business Alstom of France to run Lagos Blue Line rail system in 2022 – BusinessDay

    Lagos State Government and Alstom SA of France have sealed a deal towards the commencement of passengers’ operation of Lagos Rail Mass Transit (LRMT) Blue Line system in 2022, confirming BusinessDay’s story. BusinessDay had exclusively reported on Friday that the state government was signing …...
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    Business What we have learnt from bank earnings so far – BusinessDay

    It’s a mix of good and bad for the seven Banks that have released second quarter (Q2), 2018 results so far. A record drop in impairment on financial assets on the back of gradual improvement in the economy and gains on foreign exchange transactions … Read more via BusinessDay : News you can...
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    Business NACCIMA, MAN call for rate cut to steer 37m SMEs – BusinessDay

    Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) and the Manufacturers Association of Nigeria (MAN) are asking the government to cut interest rate in a way that small businesses can access funding. They say micro, small and medium enterprises (MSMEs)...
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