Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2017

Dangote’s new upgraded Pasta products produced to compete with rice, others

Barely one week after exiting noodles space by offloading assets to Dufil Group, Dangote Flour has began strategic move to grow its market equity in Africa, using new improved pasta products called ‘Ecccellente’. The re-vamped Pasta, is expected to reduce…

NBC Kawu
ICT

DSO: NBC, Plateau govt sensitise users of Set Top Boxes on Access Fee after 1 year

As one year free access to digital terrestrial TV watching spree ends on April 30 in Plateau State following the launch of Digital Switch Over (DSO) by April last year, users have been encouraged by the National Broadcasting Commission (NBC)…

Customs impounds arms
ICT

Customs set to begin online auction of seized goods very soon

Indication has emerged that the Nigerian Customs Service (NCS) has concluded arrangements for resumption of auction sales of seized goods imported into the country. It would be recalled that the Service had in the last couple of years suspended auctioning…

ICT

MainOne expands, unveils mega Data Center scheme in Sagamu, Ogun State

Connectivity and data center solutions provider, MainOne Cable Company has pledged its commitment to boost Information and Communications Technology (ICT) in Ogun State with a data center project in Sagamu. At a recent courtesy to the Executive Governor of Ogun…

Ease of doing business looking good as PEBEC cuts Customs clearing rules, CAC hassles

More bites are now given to the ongoing crusade by the federal government to reduce the challenges in doing business in Nigeria following the reforms announced by the Presidential Enabling Business Environment Council (PEBEC) in Abuja. Lead in the reforms…

Customs ready to issue vehicle terminal license to operators with N50 million bank bond

Again, the authorities of the Nigerian Customs Service (NCS) has reaffirmed readiness to issue valid Vehicle Bonded Terminal to interested operators who have secured at least a spacious space capable of containing enough number of vehicles and was able to…

Power generation on the rise, hits 4,518MW

Indications have emerged showing that the success of the recent tour of the oil rich Niger Delta by the Vice President, Prof. Yemi Osinbajo has continued to bear fruits not only in raising oil production output, but in power generation….

Transport experts doubt Amaechi’s trending assurance of new 20 locomotives in July

In what may be a fall out of the Minister of Transportation, Rotimi Amaechi’s failed promise during his first 100 days in office as Minister that before the end of last year, a new national shipping carrier would be floated…

Enugu residents give hints on what FG’ll meet while reviving Enugu coal mines

The recent move by the Federal Government to revive mining activities in Enugu coal mines, abandoned about 40 years, has elicited reactions from residents of the Coal City. During the era of coal mining in Enugu, there were four main…