Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2017

Cross River renews struggle to revive relevance of Tinapa with 26MW power plant

As the excitement that trailed the development of massive Tinapa Free Trade Zone laced with a world class multipurpose entertainment centre, the Tinapa Resort continues to drop after several administration in Cross River State, the current government lead by Governor…

Kachukwu clears air, says no plan to sell, concession or abandon any refinery, but…

After months of silence on what actually transpired between the Minister of State for Petroleum Resources and the ANI Agip group of Italy and Oando Nigeria, the Minister, Dr. Ibe kachukwu has come out to claim that “There has been…

FEC approves policy to make gas a hub of our economy—Kachukwu tells PENGASSAN

More details have emerged on the federal government’s new drive to grow the economy suing the oil and gas sector. In his address to participants at the fifth triennial national delegates’ conference of the Petroleum and Natural Gas Senior Staff…

Lagos begins seizure of abandoned vehicles dotting streets, roads July 1, warns owners

The Lagos State Government has concluded arrangements for the immediate removal and destruction of all abandoned and disused vehicles distorting the aesthetics of the environment and constituting a nuisance on the streets. Currently, the state boosts of the highest number…

Customs signing MoU with RIFAN, an indictment on their job, CG—Nigerians

The recent Memorandum of Understanding (MoU) to stop rice smuggling through land border into the country between Nigeria Customs Service (NCS) and the Rice Farmers Association of Nigeria (RIFAN) has attracted serious criticisms from Nigerians. Majority of citizens who spoke…

Usman, NPA MD seeks next level of transparency, efficiency in MDAs

In line with her spirit of reforms, the Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman, has called on all Ministries, Departments and Agencies (MDAs) of the government to activate the culture of transparency in the conduct of…

At last, Dangote opens up on secrets of success in last 20 years

African leading investor and President, Dangote Grop, Alhaji Aliko Dangote has presented a clear picture on his business strategies which have kept him on top of the continent in the last 20 years. Addressing a crop of scholars from Lagos…

Why terrace houses are gradually displacing high-rise condominiums in Lekki—Kalu

Emerging new driver in residential housing supply in Lagos and founding chairman of Africa Property Investment Group (AFPING), Chudi Kalu, has give fresh insight why Lagos and other emerging mega cities in Nigeria are now witnessing terrace housing schemes instead…

VISA bridging fast, secured gaps in digital payment solution in Nigeria—Afiegbe

The Country Director of leading digital payment solution, Visa West Africa, Mr. Emezino Afiegbe has given explanations on why more West Africans and Nigerians in particular are settling with VISA as their chosen payment solution. In an interview, he said…

NITDA pantami
ICT

NITDA alerts on ‘Petya Ransomware’ attack currently ravaging EU, US, Asia

Barely one month after the ravaging attack by WannaCry ransomware in parts of the world hanging and disrupting computer systems, the management of National Information Technology Development Agency (NITDA) on Wednesday, raised fresh alarm on the emergence of another deadly…