All One Min News

1. 

   Nigeria in 1min: Economic, Business & Financial Headlines - 112113

   
   FG inaugurates N700m film production fund; Nigeria gets $100m loan for power supply; Nedbank seeks 20% share of Ecobank for $500m ; Reps okay extension of emergency rule in Adamawa, Yobe, Borno as CBN seeks stiffer penalty for dud cheque issuers
2. 

   Nigeria in 1min: Economic, Business & Financial Headlines - 112013

   
   Nigeria's Real GDP grows by +6.81% in Q3 2013; Foreign Investors Holding in FGN Bonds Hit $5.1bn; Capital Inflows Into Nigeria, Others Grow To $48 Billion; External reserves hit new low at $44.84b as CBN Seeks Implementation of Treasury Single Account
3. 

   Nigeria in 1min: Economic, Business & Financial Headlines – 111913

   
   FG to Sell Four State-owned Refineries Next Year ; FG Approves Payment of Interest for Delay of Fuel Subsidy ; Retail market attracted N205.4bn investment in two years as Oteh Foresees More Patronage for Bond Market
4. 

   Nigeria in 1min: Economic, Business & Financial Headlines - 111813

   
   Nigeria's GDP Increases to 6.81% in Third Quarter ; Govt generates N9bn for MSMEs; Govt funded 2013 budget deficit with N544bn bond; IFC, AfDB plan $2.5b Naira bonds as SEC warns public against illegal fund managers
5. 

   Nigeria in 1min: Economic, Business & Financial Headlines – 111513

   
   FG, states, LGs share N568.41bn; FG withdraws $1bn from ECA; Reserves fell by $2.92bn in three months ; CBN to Sell N100bn Treasury Bills as SEC Promises Effective Regulation of Private Equity Firms
6. 

   Nigeria in 1min: Economic, Business & Financial Headlines - 111413

   
   Inflation rate drops by 0.2% ; World Bank to spend $1.4bn on power transmission ; Senate approves $76.5 oil benchmark ; CJN seeks strict corporate governance code for banks as Banks Seek New Avenues to Generate Revenue
7. 

   Nigeria in 1min: Economic, Business & Financial Headlines - 111313

   
   Nigeria Postpones Budget Speech to November 19, 2013 ; FG plans GIS mapping to guide investors on broadband opportunities ; Sanusi Hails CFA Societys Contributions to Financial System as SEC sets path to actualising economic potential at CMC retreat
8. 

   Nigeria in 1min: Economic, Business & Financial Headlines - 111213

   
   Nigeria's debt rises to N8.32tn ; External reserves fall by $1bn ; Nigeria ranked 120th in global competitiveness ; Nigeria gets $20b FDI in three years ; Delta invests N4.5bn in three power companies as CBN repositions policy as banks lose N159bn to elec
9. 

   Nigeria in 1min: Economic, Business & Financial Headlines - 111113

   
   FG signs 50 oil lifting contracts with crude traders ; NDIC Pays N6.82bn to Closed Banks Depositors ; Sanusi lists financing conditions for PPP projects; NAICOM, NHIS partner on indemnity cover as Interbank rates ease slightly on ample naira cash
10. 

    Nigeria in 1min: Economic, Business & Financial Headlines - 110813

    
    FG reviews market rules for privatised power firms ; Bids for 10 NIPP plants close today ; CBN defends naira with $18.7bn ; NDIC pays N6.82bn to depositors of closed banks as National Assembly Increases Oil Benchmark to $76.5pb
11. 

    Nigeria in 1min: Economic, Business & Financial Headlines - 110713

    
    Nigeria's sovereign wealth fund ranked 44th on transparency index ; FG Okays N48.6bn Loan For Mortgage Refinancing; External reserve sheds 0.48% in five days ; Presidency gets new revenue formula December as Naira strengthens against dollar on CBN interv
12. 

    Nigeria in 1min: Economic, Business & Financial Headlines - 110613

    
    Lagos gets SEC approval for N87.5bn bond; Power Investors to Commit $1.8bn to Distribution Companies; FG Offers ASUU N220bn over Five Years to End Strike; Banks to identify customers by fingerprints next year as NSE Clears Ocean Securities & Stockbrokers
13. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 110513

    
    Banks disbursed N109bn to 20 power firms ; GTBank to Float $500m Eurobond; Nigerian naira firms on weak dollar demand, planned NNPC sales ; AfDB Board Approves $152m Financing for ATASP as Nigeria consumes 39.66m litres of petrol daily
14. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 110413

    
    FG releases fresh N160bn for capital projects , Power generation drops by 400MW , Britain stops Visa Bond Plan For Nigerians as Economic growth fell by 0.8% in 2012
15. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 110113

    
    FG extends payment deadline for Sapele Genco; FG to protect privatised power assets with N1.28bn; Naira eases against dollar at interbank, parallel markets as NSE Joins Sustainable Stock Exchanges
16. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 103113

    
    FG Generated N10.6 Trillion in 2012 ; Fashola proposes N489.69b for 2014 ; CBN to receive ISO 27001 certification and has promised to reduce the number of Nigerians without bank accounts to the barest minimum by 2020
17. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 103013

    
    Jonathan notifies National Assembly on Budget 2014; Nigeria not broke, but has cash flow problems; N300b accrued under SURE-P;World Bank ranks Nigeria 122nd best place for business as Currency-in-circulation rose 9.28% year-on-year in Sept
18. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 102913

    
    PHCN workers threaten nationwide blackout Nov 1; Nigeria-Russia trade hits $250m; CBN Moves to Protect Bank Customers as Central Bank of Nigeria (CBN) yesterday increased its supply of the greenback at the Retail Dutch Auction System (RDAS) to $400 millio
19. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 102813

    
    NERC announces plan to remove electricity subsidy; Dollar sales at RDAS hit $1.3b in three weeks ; Oil revenue drops to N457b as NSE Suspends Aims Asset Management for failure to redeem Tenured Investments
20. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 102513

    
    Is Nigeria Over Borrowed? - “A national debt, if it is not excessive will be to us a national blessing” - Alexander Hamilton.
21. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 102413

    
    This came the same day the lawmakers passed for second reading, a bill seeking to amend the Nigeria Communications Commission Act to regulate the powers of the police and other security agencies to track, intercept, monitor and record conversations, text
22. 

    Nigeria in 1min: Economic, Business & Financial Headlines - 102313

    
    Again, Senate Suspends Debate on MTEF - For the third time, the Senate Tuesday suspended debate on Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Policy (FSP) sent to the chamber by President Goodluck Jonathan on September 17, thus delaying
23. 

    Nigeria in 1min: Economic, Business & Financial Headlines - 102213

    
    The Bureau of Public Enterprises (BPE) has said the initial counter-directive issued to casual workers of the Power Holding Company of Nigeria (PHCN) by executives of their various unions was responsible for the delay in regularising their employment stat
24. 

    Nigeria in 1min: Economic, Business & Financial Headlines - 102113

    
    The Federal Government has announced its preparedness to sign the first-ever Bilateral Air Services Agreement with Israel. It stated that previous attempts to sign the BASA in 2005 and 2012 were unsuccessful
25. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 101813

    
    External reserves drop to nine-month low; FG Generated N6.6 Trillion in 8 Months; Reps endorse tariff increase on imported cars as BPE Transfers $2.5bn PHCN Privatisation Proceeds to OAGF
26. 

    Nigeria in 1min: Economic, Business & Financial Headlines - 101713

    
    FG provides N3bn for micro enterprises development; Inflation rate fell to 8% in September ; Foreign exchange reserves drop to $45b as US Congress Passes Debt, Budget Deal
27. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 101513

    
    FG begins full payment to 38,000 PHCN workers ; Nigeria rakes in $3b from PHCN privatisation; FG to audit domestic airlines; World Bank pledges $1.4m for Nigeria’s power, infrastructure as Naira trades flat on low dollar demand
28. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 101413

    
    Federal Government has directed new owners of power distribution firms to provide all electricity consumers with meters ; CBN, NDIC takeover NERFUND; Nigeria, other African countries issue $8bn bond as FG bonds record 9.16% increase
29. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 101113

    
    FG begins no work, no pay policy; Shell to Sell Four More Onshore Oil Blocks ; Court strikes out New PDPs suit against Tukur as Manufacturing exporters get N12bn NEXIM funding
30. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 101013

    
    Fed Govt okays N1.46b for ports projects ; Issuing houses, CBN to meet on market development ; CBN, NIPOST collaborate as Naira falls as dollar liquidity thins out
31. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 100913

    
    Nigeria slashes business registration fees by 50%; SEC places Deap Capital Group under Investigations ; CBN to Impose Stiffer Sanctions on Erring Banks as Federal Reserve Board issues redesigned $100 note
32. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 100813

    
    Govt okays establishment of power transformer assembly plant; World Bank report projects 5.3% growth for Africa in 2014;ABCON supports CBN anti-money laundering measures as Dangote plans $34.7bn fresh investment in economy
33. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 100713

    
    Nigeria Begins Implementation of New Automotive Plan ; Federal, state governments owe N9tn ; FG moves to improve Nigerias global competitiveness ranking ; NUPENG threatens solidarity strike as CBN defends naira with $4.6b in two months
34. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 100413

    
    FG raises tariff on imported cars ; Jonathan inaugurates 434MW Geregu power plant; Govt to establish $400m development finance institution; Foreign investors plan $16bn investment in Delta as W’Bank, French agency provide $230m for rural roads
35. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 100313

    
    Govt okays new automotive policy; FG, PHCN workers resolve severance package dispute; FG to Provide Loans for Health Insurance Scheme as NDIC, judiciary, police to prosecute operators, debtors of 103 MFBs
36. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 100213

    
    Jonathan Presents Licences, Shares Certificates to 14 New Owners; NLC seeks ban of jobs scratch cards sales ; Fashola commissions N30b InterContinental Hotel in Lagos; PFAs invest N49.6bn in foreign market as CBN bans importation of foreign currencies
37. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 100113

    
    Aganga, Oputu woo foreign investors to Nigeria’s real sector; Sanusi Proposes Inclusive Growth as Antidote for Unemployment; Finally Cashless Policy Takes off in Abuja; NCC begins National broadband plan implementation this month; African Development Fund
38. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 093013

    
    Nigeria Signs $1.3bn Power Plant Deal with China ; FG explains new aviation charges; FG spends N28bn on community devt projects ; CBN Goes Tough on Customers’ Protection as Increased Dollar Supply Bolsters Naira
39. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 092713

    
    Govt launches national policy on productivity; FG inaugurates boards of five parastatals; FG to hand over PHCN to new owners in 30 days as CBN resumes direct intervention to save naira
40. 

    Nigeria in 1min: Economic, Business & Financial Headlines – 092613

    
    FEC approves N29.7bn for road, water projects; Private jet owners to pay $4,000 luxury tax; NACCIMA to embark on trade mission to Japan; British High Commissioner to Nigeria restates Commitment to Economy as Naira appreciates against dollar at forex

Austerity vs. Stimulus: Way forward for Nigeria

Costain hits 8yrs low in oversold region on sell-off pressure

FirstBank Holds SME Conference to Empower Entrepreneurs

Amendments to Rules & Regulations Governing Dealing Firms & Invitation for Comments (Part IV)

NSE Q3 2013 Fact Sheet

Nigeria's President undergoes medical assessment in London

Equity Market sustains gaining streak as ASI closes above 39,000bpts

The NLNG Story - Lessons on Future Thinking

ROYALEX releases Q1, Q2 & Q3 '13 results with N380.8 mln PAT in Q3, (SP: N0.54k)

PRESTIGE declares N593.6m PAT in '12 Audited result,(SP:N0.55k)