BUSINESS NEWS

(13-Oct-14 to 19-Oct-14)

1 20-Oct-14 Key Word "Ebola" This Day Headline: "From Today, Nigeria Becomes Ebola-Free" - WHO to make declaration

Based on the World Health Organisation's (WHO) protocol, the UN body will officially declare Nigeria free of Ebola Virus Disease (EVD) on 20 October 2014. This Day

2 20-Oct-14 Key Word "Multiple taxation" This Day Headline: "Nigerian Joint Tax Board Moves against Multiple Taxation" Chairman, Joint Tax Board, Mr. Kabir Mashi noted that the decision of the National Economic Committee (NEC) to set up a committee on harmonisaton of taxes and levies across the federaton was an expression of the importance the authorities attached to the multiple taxation issue. This Day

3 20-Oct-14 Key Word "Politics" This Day Headline: "Fashola's Succession Plan Suffers Setback" .. Party leaders from Lagos East meet on 21 October 2014 .. Tinubu asks all aspirants to go for primaries

The plan by Governor Babatunde Fashola of Lagos State to ensure that a former Attorney-General and Commissioner for Justice of the state, Mr. Olasupo Shasore, succeeds him in office is facing mounting opposition. A highly placed chieftain of the All Progressives Congress (APC) informed ThisDay that the party leaders across the state had expressed strong opposition to Fashola's decision to support Shasore's governorship aspiration. This Day

4 18-Oct-14 Key Word "Terrorism" Weekly Trust Headline: "FG, declare ceasefire" .. Chibok girls 'to be released soon'

The Federal Government announced on 17 October 2014 that leaders of Boko Haram, a sect which has terrorised the country, have accepted government proposals and agreed to a ceasefire. The Director-General of the National Orientation Agency (NOA), Mr. Mike Omeri, who broke the news of the deal at a press briefing on 17 October 2014 in said the terrorists have announced a ceasefire in furtherance of their desire for peace. The Nigerian Chief of Defence Staff (CDS) General Alex Badeh also confirmed that the and Boko Haram insurgents have agreed to an immediate ceasefire. Weekly Trust

5 14-Oct-14 Key Word "Oil sector" Daily Trust Headline: "Oil price crash: FG mulls tight measures as Nigeria loses N8bn daily" The federal government will consider tighter measures on the expenditure side of the economy in order to reduce the shocks from the dwindling crude oil revenue. The price of crude oil recently dropped to about $84 per barrel in the international market signifying a loss of about N8 billion daily from the country's revenue coffers. Daily Trust