Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2017

FG summersaults, ready to sell refineries commercially unviable

Contrary to previous pronouncements by the federal government that it has no plan to either sell or concession any of the four nation’s refineries, indications have emerged that there are fresh plans to put both Warri and Kaduna refineries on…

New NPP avails oil communities to participate in block allocations

A policy that may seem as the magic wand to permanently end hostilities in Niger Delta has been signed by the federal government. This is called the National Petroleum Policy (NPP). Key provision coming with policy include the participation of…

Osinbajo begins make or mar dialogue with N/Delta youth today

A strategic dialogue capable establishing a last peace or resumption of hostilities will begin today, Monday, July 31, at the Petroleum Training Institute (PTI) Conference Centre, Effunrun, Delta State. The summit, designed as the first expanded Niger Delta Youth Peace…

Nigeria may lose out from US aid over failure to drive coal for energy scheme

Fresh indication emerged weekend from the office of the US Treasury that Multilateral Development Banks (MDBs) that Donald Trump is working on rethinking its opposition to the use of fossil fuels, especially coal. If the deal sales through, in Africa,…

Develop African maritime, come back for more slots at IMO council, Lim tells AAMA

The Secretary General of International Maritime Organisation (IMO), Mr. Kitack Lim has advised the delegation of Association of African Maritime Administration (AAMA), lead by the Chairman, Dr. Dakuku Peterside who paid his a courtesy visit to go back and work…

Lagos airport a step away to ICAO certification—NCAA

Out of about five stages of the needed certification process for the Muritala Mohammed International Airport (MMIA), Lagos, the Director-General, Nigerian Civil Aviation Authority (NVAA), Capt. Muhtar Usman, has said it has passed four remaining the last stage. Otherwise, the…

FirstBank beats First Deepwater 84-53 in finals to lift Zenith Bank’s sponsored B/Ball trophy

FirstBank Basketball Team hits 3 pointer target during Zenith Bank’s sponsored Basketball league finals in Lagos on Saturday ( July, 29, 2017) at Indoor Sports complex, National Stadium Surulere                  

Kidnapped Epe 6 freed in Ondo hit Lagos today, July 29, 2017

After 65 days in captivity, the six abducted pupils of the Lagos State Model College, Igbonla, Epe, regained their freedom on Friday, but was brought back to Lagos on Saturday afternoon amidst tight security personally by the Ondo State Governor,…

Zenith Bank partners LASPARK, Council to lift Ajose Adeogun, roundabout

Leading financial giant, Zenith Bank Plc., has yet again deepened its Corporate Social Responsibility (CSR) in Lagos by changing the face of the mega roundabout linking Adetokunmbo Ademola and its host street, Ajose Adeogun on Lagos Island. The feat was…

MTN shop
ICT

Why MTN’ll continue to dominate internet services as users hit 91.6m in June

Broadband penetration seems to have weakened in June as latest data on internet users released by the Nigerian Communications Commission (NCC) showed a paltry increase of 33,747, moving from91,565,010 users recorded in May to 91,598,757 in June. Above all, the…