Business Nigeria: Today's Business, Economic and Financial Headlines [03-08-2016]

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ProfRem

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Below are some of the busimess, economic and financial headlines in some selected Nigerian Dailies for today, Monday, 3 August, 2016.

Economy

- Economic activities decline amid recession fears

- FG to sell research findings

- 2017 Budget Will Address Abandoned Projects – Udoma

- Why Konga sacks workers every six months

- Recession: Nigerian govt seeks help, consults financial experts

- FG Moves to Curb Cybercrime Threat to National Security

- Dangote Sugar Refinery Posts N11.1bn Half-year Profit

- Toyota excites with 2016 Lexus ES 350

- Osinbajo, Economic Team discuss review of new forex regime, others

-
Dangote Is Transforming African Economy – Togolese President

- Mass Housing Still on the Agenda - Fashola

- Stock Market Sheds Marginal 0.04%, Capitalisation Drops By N4bn

Banking Sector


- Cheques Can Now Be paid Into Savings Accounts - CBN

- Skye Bank Incurs N40bn Loss on N35bn Impairment Charges

- Five Banks Support Customers with N6.6trn Loans in Six Months

-
CBN to raise N245b in T-bills at higher yields

- CBN Approves 3 Firms for Money Transfers to Nigeria, Blocks Others

Insurance

- AMCON to lease seized property to bridge funding gap

- Naicom blocks International Energy Insurance’s asset sale

Avaiation

- AON Denies Government Funding of Airlines

- Ilorin Airport Handles 36,805 Passengers, 1, 316 Aircraft In 6 Months

Power, Oil and Gas

- ‘Crude export earnings fell by N153.5bn in May’

- Forte Oil plans N50b new capital raising in second half

- 70% of Onshore Oil Output Shut in, FG Resumes Payments to Militants

- Naicom blocks International Energy Insurance’s asset sale

- Electricity grid sustains 3,000mw for 20 days in July

Forex


- Prices of new cars up 70% over forex crisis

- Elizade educates motorists on vehicle maintenance

Maritime

- Shippers threaten to boycott Nigerian ports over rising duty


Recommended: Nigeria: Today's Business, Economic and Financial Headlines [02-08-2016]
 

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