Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2017

US group plans first modular refinery with $400m facility

Top United States downstream oil sector investment group, Missouri American Energy, Moham, has given strong indication of investing about $400m in the construction of Nigeria’s first modular refinery. The facility for the scheme is coming two tranches, first $200m for…

New Gas Master Plan has reduced gas flaring by 26%, NNPC claims

Just as the scarcity of cooking gas continues in cities, the Nigerian National Petroleum Corporation (NNPC) has said it had succeeded in reducing gas flaring in by 26 percentage points in the last 10 years from 36 to 10. In…

The mentality of wining is driven by self-reinforcement—Austin Okere

The thing about winning and losing is that they are both self-reinforcing. The Gunners as a metaphor As an Arsenal football club fan, how do I convince anybody that the team is good or that coach Arsene Wenger is doing…

Transport

Maritime expert, Amiwero lists three factors foreign investors consider in decision making

More reasons have emerged on why foreign direct investment (FDI) has ebbed since last year to date. Leading maritime stakeholder and President of National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Mr. Lucky Amiwero Monday listed three key…

NCC Danbatta
ICT

Sending “STOP” to 2442 don’t end unsolicited sms, many subscribers insist

Crisis of trust is gradually building up between telecoms subscribers’ and the regulator, the Nigerian Communications Commission (NCC). This is stemming from the fact that contrary to the claims of the Commission that mere sending of ‘STOP’ to a coded…

EKE,Zinox boss
ICT

How Senate relied on Zinox Ekeh’s expert advice to give legal boost to e-Voting

The use of smart card readers for the authentication of accredited voters during any election in Nigeria has been legalized by the Senate following the amendment of the Electoral Act of 2010 to legalise the use of smart card readers…

Customs impounds arms
ICT

Customs plans online auction of seizures, makes tax clearance key condition

The leadership of Nigerian Customs Service (NCS) has changed its traditional model of auctioning seizures, saying the planned next round of auctioning will be driven online. Added to the new auctioning model, the Service said in a statement that “Only…

JAMB logo
ICT

Complains of site hanging frustrating UTME 2017 online registration @ JAMB portal

Indications have emerged that not all prospective students who had planned to register for the UTME 2017 examination organized by the Joint Admissions and Matriculation’s Board (JAMB) are likely to successfully conclude the ongoing online process. This is based on…