Poor ease of doing business at ports fueling more termination of concession deals
Indications have emerged that more key concession deals sealed under Lekki Free Trade Zone (LFTZ) may be jettisoned in coming months following the recent withdrawal from related concession agreement by Manila-based container terminal operator International Container Terminal Services Inc. (ICTSI)….
Customs WMC intercepts N11.6million petroleum product from creeks
In line with renewed marine surveillance, the Western Marine Command (WMC), of the Nigeria Customs Service (NCS), has intercepted 66 jerry-cans of petroleum products smuggled through the creeks. Within the period under review, the Command also recorded massive seizures of…
Fear of exposing expatriates to pollution hazards behind non-relocation of IOCs— Reports
A report released by the Business Hilights Economic Research Team (BHERT) on Monday in Port Harcourt after one week of intelligence gathering on why International Oil Companies (IOCs) in oil communities have shown that the reason behind the rejection of…
Cleanup of Ogoniland in progress— Jibril, Minister of State for Environment
The Minister of State for Environment, Ibrahim Jibril has revealed that contrary to speculations that the Federal Government has dumped the cleanup of polluted Ogoniland, work is seriously in progress. In a recent visit to an Abuja based media group,…
DEMOCRACY DAY SPEECH BY ACTING PRESIDENT, H E, PROF. YEMI OSINBAJO
DEMOCRACY DAY SPEECH BY HIS EXCELLENCY, PROF. YEMI OSINBAJO, SAN, THE ACTING PRESIDENT OF THE FEDERAL REPUBLIC OF NIGERIA, COMMEMORATING THE SECOND ANNIVERSARY OF THE BUHARI ADMINISTRATION, MAY 29, 2017 Dear Nigerians, I bring you good wishes from President…
Dangote may buy near moribund Peugeot assembly plant from AMCON sooner
AMCON’s Chief Executive, Ahmed Kuru, has hinted the chances of of leading industrialist, Aliko Dangote to buy up near moribund Peugeot Assembly Plant, Kaduna in partnership with Kaduna and Kebbi States. Bank of Industry (BoI) is also in the picture of new…
Speech by President of Ohanaze Ndigbo, Chief Nnia Nwodo Jnr, on 50 years of Biafra.
The event was held at the Yar Adua center, Abuja on May 25, 2017. Business Hilights recalls that the Acting President Prof Yemi Osinbajo, Chief Olusegun Obasanjo and other prominent Nigerians were seated guests. The Presentation 50 YEARS…
Frustrations in accessing CAC website for company registration rising daily
More confusion and anxiety are brewing since last two weeks Monday when the Corporate Affairs Commission (CAC) struck out manual company registration in five states of the federation including Abuja, Enugu, Kano, Kaduna, Lagos, and Port-Harcourt. It would be recalled…
GOtv subscribers’ decries momentary seizure of channels, recharge card extortion
Several GOtv subscribers’ in parts of the country and Lagos State in particular have lamented what they described as momentary disappearance of choice channels from the signal receiver without any form of refund from the service provider. Many of the…
IT hiccups hit BA, Lagos-London flights, others cancelled worldwide
Though the authorities are economical with words on the cause, British Airways’ (BA) crash OF internet network have led to thousands of passengers having their plans disrupted, after all flights from Heathrow and Gatwick were cancelled. Passengers recounted “chaotic” scenes…
