Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2017

This is time for MSMEs to consolidate, become relevant—-SMEDAN boss, Radda

Considering the observed too much talk-shops on how to grow the activities of Micro, Small, and Medium Enterprises (MSMEs) business support in Nigeria, the Director-General of Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), Dr Dikko Radda, has said…

Our Food /Drink Fair aimed at empowering SMEs, says GTBank

Guaranty Trust Bank has raised the bar in the support of the growth of Small and Medium Enterprises operators in Nigeria with the continuation of the second edition of its food and drinks fair in Lagos today. The event which…

Forced outage on TCN’s Onitsha-Alaoji 330kv lines caused darkness in PH—PHED

Fresh reason has emerged on why there had been series of power outages in Rivers State and mainly Port Harcourt and environs. A statement by the Port Harcourt Electricity Distribution Company’s (PHED) spokesperson, Mr. John Onyi, linked the blackout to…

Industry

Innovation regime as internet-enabled streetlights adorn Calabar industrial hub

As part of new drive to woo investors, the Cross River State Government says it has installed Internet-enabled streetlights in the new industrial layout in Calabar, the state capital. A statement by the government said the solar-powered Internet-enabled streetlights were…

FG begins audit of N300bn Export Expansion Grant scheme claims

As part of renewed efforts by the federal government to raise confidence in promoting non-oil exports, it has commenced a verification of the claims by exporters under the Export Expansion Grant (EEG) scheme. Before now, exporters had been groaning over…

Chi Ltd launches new marketing campaign tagged ‘Breakfast with Chivita 100%

Leading Fast Moving Consumer Goods (FMCG) manufacturers, Chi Limited has unveiled its new marketing communication campaign tagged #BreakfastwithChivita 100%. In a statement issued in Lagos, the company said the move was part of drive to rebrand its flagship’s brand proposition…

Statutory, logistics issues that may hinder Customs planned e-auction of seized goods

Indications are beginning to emerge on why the planned and publicized auctioning of seized imported goods by the Nigerian Customs Service (NCS) may not happen so soon as thought by even the Service and prospective buyers. It would be recalled…

Transport

Usman, NPA boss sues publisher over defamation of character, seeks N1bn damages

As individuals, we are complicit if we sit, watch and allow any form of degeneracy that rewards blackmailers, extortionists, character assassins, fake news entrepreneurs and other various turpitudes of the modern society to gain unchecked foothold over our lives and…

Air Peace plans to increase fleet as FG designates airline for six foreign routes

New window of investment opportunity is now open for emerging leaders in domestic airline, Air Peace following its recent designation by the Federal Government to operate flight services to seven international destinations. Accordingly, the airline said it had concluded plans…

Turkish Airlines ready for code-sharing with Nigeria, hits new deal with Copa Airlines

Leading Europe best airlines for the six years running, Turkish Airlines, has envisaged effective code-sharing agreements in Nigeria, given that the country had a functional national carrier with a view facilitating more flexible flight operations between Nigeria and other countries….