Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2017

Cargo throughput gradually peaking up at ports, after ban on car imports from borders

Emerging developments around the Apapa and Tincan island ports of Lagos have shown appreciable arrival of vessels indicating signs of return of freight business in the industry. Freight forwarders who spoke with our correspondents say there had been rising boom…

India now highest buyer of Nigerian crude oil with 127.1mb in 11 months

Latest figures from the Nigerian National Petroleum Corporation (NNPC) have shown that India topped the chat of international buyers of Nigeria’s crude oil between February and November 2016 with 127.1 million barrels of crude within the period under review. Other…

AEEPM warns DPR over disposal of 1.5m contaminated Off-Spec petroleum products

Leading environment-concerned non-governmental organization (NGO), the Africa Environmental & Economic Peace Mission (AEEPM) has called on the Department of Petroleum Resources (DPR) to be cautious of the fragile environment in its planned disposal of 1.5 million contaminated off-specification (Off-Spec) petroleum…

S/Africa: Renewables energy programme boosts investment in the short term

The Finance minister of South Africa, Pravin Gordhan Wednesday delivered his yearly budget speech from Parliament, in Cape Town, revealing that renewable energy resources have boosted investment in the short term. In response to the confirmation by the minister of…

Kenya Power dams still working amidst biting drought

The national power supplier, Kenya Power, has reassured its customers that regardless of the current drought inhibiting the efficiency of hydropower generation, the utility does not forecast power rationing. Local media, the Star, reported that Kenya Power’s acting chief executive,…

Industry

NIMASA, Customs deepen collaboration to grow economy

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has assured that his agency will expand the existing relationship with the Nigerian Customs Service (NCS) to grow the maritime sector of the economy. Peterside…

NASS, Port users finger official neglect on port access road especially Tincan

Looking for the worst road in Nigeria that is the same time, the most important to national business is no more farfetched as access road to Tincan Island port is the answer. This was the unison submission of both Customs…

Business Interview/Opinion

Welcome Address by Minister of Environment at the Green Bond Conference @NSE

Protocol I am highly delighted to welcome you all today to this Stakeholders Investment Conference, an idea which was born during our first Advisory Group Meeting in September 2016. The Green Bonds process is an attempt by the Environment sector…