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Daily Watch – Investors get cold feet over power, Petrol price weighs on inflation

13th August 2015 0

Investors are getting cold feet in their acquisition of seven out of ten National Integrated Power plants (NIPPs), having failed to make full payment of…

News

Daily Watch – TSA can increase government revenues by 20%, Ford Ranger to be assembled in Nigeria

12th August 2015 0

According to analysts, the directive of President Buhari to compel government Ministries, Departments and Agencies to maintain the Single Treasury Account (TSA), could whittle down…

News

Daily Watch – IHS gets more Etisalat towers, Mortgage company to raise more capital

11th August 2015 0

Etisalat Nigeria has completed the transfer of 555 telecom towers to IHS, the second tranche of a sale and leaseback deal announced last year. Following…

News

Daily Watch – Government monies centralised, Allocations jump 32%

10th August 2015 0

All Federal Government Ministries, Department and Agencies have been mandated to run a single account, the Treasury Single Account (TSA) for all revenues, incomes and…

News

Daily Watch – Sukuk recommended for Nigeria, Afren investors may lose investments

7th August 2015 0

Standard and Poors, the ratings agency, is recommending that Sukuk bonds be considered for financing infrastructure needs in countries such as Nigeria. S&P however said…

News

Daily Watch – Concerns over health of banks, Azura Thermal Plant gets green light

6th August 2015 0

There is growing concern over the rise in banks’ non-performing loans. Nine lenders (Diamond, FBN Holdings, FCMB, Fidelity, Skye, Stanbic IBTC, Unity, Union and Wema)…

News

Daily Watch – NNPC gets new boss, Medview goes to London

5th August 2015 0

President Muhammadu Buhari has approved the appointment of Dr. Emmanuel Ibe Kachikwu as the new Group Managing Director (GMD) of the Nigerian National Petroleum Corporation…

News

Daily Watch – Buhari asks Planning Commission to prioritise capital expenditure, Modular building arrives Nigeria

4th August 2015 0

The Presidency has announced that President Muhammadu Buhari aims to cut recurrent expenditure in next year’s budget in order to prioritize development projects. Last year’s…

News

Daily Watch – Import waivers causing harm, Cement production to ramp up

3rd August 2015 0

Some of the tax incentives offered to encourage Foreign Direct Investments into the country are now doing more harm than good. According to legislators, Nigeria…

News

Daily watch – Eni looking to leave Nigeria, Dangote gets American training

31st July 2015 0

Eni SpA, Italy’s largest oil company is considering selling part or all of its onshore Nigerian operations as it seeks to divest peripheral businesses. Eni’s…

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Analysis

  • 2023 elections, the watchdog and the liers in wait

    2023 elections, the watchdog and the liers in wait

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