Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2017

Pressure to reduce on highways as containers’ move to north by rail

It was breaking news for maritime stakeholders who gathered in Sokoto for this year’s National Council on Transportation when the Minister of Transportation, Mr Rotimi Amaechi announced that containers are now being transported by rail from Apapa port in Lagos…

NPA promotes managers to drive efficiency

Managing Director of the Nigeria Ports Authority (NPA), Hadiza Bala Usman, has stepped up reforms and restructuring in the federal agency to deepen service delivery in the maritime industry. Under her care, the management in a statement on Wednesday approved…

NNPC’s brokered peace deal may end Shell facility occupation soon if…

Barring any last minute twist, indications have emerged that the over two weeks occupation of Shell flow station in Rivers State by Belema Community members may end in days. The occupation started on August 11, 2017. This is coming from…

FEC approves $5.8bn contract award on Mambilla power plant

One of the key points of the first Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari after his 104 days medical vacation in London, on Wednesday approved the sum of $5.792bn for the engineering work of the…

Evans, one other plead guilty to kidnap charges, 3 others say not guilty

Anambra State born most notorious kidnap kingpin, Chukwudubem Onwuamadike alias Evans on Wednesday pleaded guilty to the kidnapping charges preferred against him with one of his gang member while the other three pleaded not guilty. It would recalled that lagos…

House member, Hon. Oghene Egoh explains Lagos-Ibadan ‘Free Salah Bus Ride’

Federal House of Representative member, representing Amuwo Federal Constituency in Lagos State, Hon. Oghene Egoh has explained the reasons behind the provision of free Salah bus ride from his constituency in Lagos to Ibadan, the Oyo State capital. In a…

Opeke Mainone
ICT

Continental internet exchange’ll reduce cost, boost performance—MainOne boss, Opeke

Last woman standing in the comity of telecoms giants and chief executive of West Africa’s leading connectivity and data center services provider, MainOne, Ms. Funke Opeke has called for African Internet traffic domiciliation. In her lead argument at the just…

okere-cwg-boss
ICT

Okere, CWG founder to chair NITRA’s Q3 summit @ Eko Hotels, Lagos

Astute ICT entrepreneur and founder, CWG Plc., Mr. Austin Okere has confirmed his readiness to chair the third quarter forum of the Nigeria Information Technology Reporters Association (NITRA), slated for September 29 in Lagos. Austin Okere is Founder of CWG…

Glo outlet
ICT

Glo deepens service delivery in Ghana with 4 new products

Emerging indigenous West African telecoms giant of Nigerian origin, Globacom known as Glo Mobile Ghana has unveiled four new products for the benefit of existing and new subscribers on the network across the country. The four products include ‘Aye De…

Foreign e-Commrece, shopping malls investors don’t grow economy but kill

…Need for local content in percentage of goods on sale stressed Contrary to trending belief that the sudden surge in foreign e-Commerce and shopping malls operators into the economy translates to answers to the Federal Government’s quest for foreign direct…