Business Hilights

Tracking Nigeria's Headline Business News Online

Month: November 2016

Energy

Ghana’s oil production targets 240,000 barrels daily by 2020 – GNPC

Chief Operating Officer of Ghana National Petroleum Corporation (GNPC) Exploration and Production Company Limited (Explorco), Mr Michael Aryeetey has said that Ghana’s daily oil production will reach 240,000 barrels by 2020. He said this would be attained, when the three…

‘NPA recruiting so that old staff can transfer skills before retirement’

Fresh facts have emerged that the ongoing recruitment of fresh hands into the service of the Nigerian Ports Authority (NPA) without first of all sacking the aging workers was one of the reformist strategy of the managing director, Hadiza Bala…

AshakaCem plans pullout from Stock Exchange

There are signals that the Board of Directors of AshakaCem Plc has passed a resolution to propose to the shareholders of the company, a voluntary delisting of the company on the Nigerian Stock Exchange (NSE). Additional details show that the…

FG may ban Chinese rice over fears of plastic content

There are palpable anxieties across the country as rumours of the circulation of cheap Chinese made ‘Plastic Rice’ grow daily especially in Lagos and other vulnerable border states. But a top official of the Ministry of Agriculture and Rural Development…

New FEA may recommend jail terms for foreign currency speculators

The Federal Government is currently is at the verge of sending an Executive Bill to the national Assembly on new ways to control foreign exchange crisis. If the bill sails through, it will give the Central Bank of Nigeria (CBN)…

Diamond Bank, EDC join forces to build entrepreneurial capacity

Diamond Bank, in partnership with Pan-Atlantic University’s Enterprise Development Centre (EDC), has rolled out series of activities to celebrate the immense contributions of entrepreneurs in driving economic growth and development in the country. The new deal is designed to raise…

Auto technicians decry multiple taxations in Niger State, stage protest in Minna

Members of the Niger State chapter of the Nigeria Automobile Technicians Association (NATA), have concluded a two-day warning strike in protest against alleged multiple taxation on its members by the state government. The state Chairman, Ayuba A-Oluobor, said the taxes…

NAGAFF may pursue CRFFN matter to appeal court if…Aniebonam

The founder of National Association of Government Approved Freight Forwarders (NAGAFF), Dr. Boniface Aniebonam has given fresh indication that his group may reopen a pending appeal before the Appeal Court on the status of the Council for the Regulation of…

ibm
ICT

IBM plans data science seminar for Nigerian startups month end

More Nigerians will on November 26, this year gain more from the Corporate Social Responsibility project led by MTN’s Bayo Adekanmbi which intends to train new generation data-preneurs, who can run data science businesses. Data Science as the fastest growing…

google-logo
ICT

Raise creative contents, Google charges Nigerian youths

Global leaders in technology services, Google have called on Nigerian youths to be content creators so that their talents would not only be exposed, but be able to generate income for them from any part of the world. Google’s Communications…