Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2017

Capital market experts seek listing of JVs equity on NSE

In order to deepen the activities of the Nigerian Stock Exchange (NSE), many capital market operators have called on the Federal Government to grow its equity holdings in the Joint Venture (JV) oil and gas operations in Nigeria and list…

FG seals hope of vehicle imports via land borders as trapped agents seek grace

There is still confusion at several land borders formally known for car imports as the federal Government yesterday cemented it decision to maintain ban on importation of vehicle via land borders, a policy that came into effect since January 1,…

LCCI fears lack of clarity on deregulation, liberalization of the oil sector

The Director-General of Lagos Chamber of Commerce and Industry (LCCI), Mr. Muda Yusuf has expressed fears on the manner of ongoing deregulation and liberalization of the oil and gas sector and urged the Federal Government to raise the clarity level…

ICT

How rising calls for local content will shape investments, regulations in ICT this year

Considering the observed success of local content policy in the nation’s oil and gas both up and downstream, indications are rife that leading opinion leaders in Information and Communications Technology (ICT) will begin very early to push for the policy…

ICT

ATCON calls for early allocation, sales of spectrum to grow broadband penetration

President of Association of Telecoms Companies of Nigeria (ATCON), Mr. Olusola Teniola has called on the government to immediately start thinking about early allocation and licensing of telecoms spectrum in order to give bite to the campaign of the government…

ICT

Tayo Faniran returns as PayPorte’s brand ambassador

PayPorte.com, Nigeria’s e-commerce company of the Year 2016, has announced the return of former Big Brother Africa housemate, Tayo Faniran, as its Brand Ambassador. Tayo will play a role in enhancing PayPorte’s brand aspirations and values through his association with…

Adebayo Shittu
ICT

Achieving 30% broadband penetration by 2018 is guaranteed—-Minister

The Federal Government says the country will achieve the 30 per cent national broadband penetration by 2018 as projected in the country’s National Broadband Plan. The Minister of Communications, Mr Adebayo Shittu, disclosed this in an interactive session with journalist…

Ewing, new Chevron Nigeria’s boss resumes in Lagos

It was pump at Lagos head office of leading oil major, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL as newly appointed Chairman and Managing Director of Chevron companies in…

Renovate FFS stations before buying N4.6b fire equipment—-Isong

Retired fire fighter and fire fighting consultant, Dr. Ekong Isong has called on the federal government to first of all carry out a total renovation of all federal fire service stations across the country before going ahead to purchase the…

Coming of 22 private refineries will lead to 2.6mbpd refining capacity—Ugomba

Following the licencing of about 22 private firms to establish refineries, which are expected to produce 1.97 million barrels per day in the short, medium and long period, there are signs that combined capacity refining may rise to 2.6mbpd on…