Ganduje speeds up textile hub in Kano with $600m Chinese firm deal
As part of his efforts to return Kano State back to its prestigious glory days of textile boom, the administration of the Alhaji Abdullahi Umar Ganduje on Wednesday, sealed a Memorandum of Understanding (MoU) with a Chinese firm, Shandong Ruyi…
Weak capacity key challenge of Nigerian SMEs—Okonkwo, Fidelity Bank CEO
The major factor frustrating the smooth operations of Small and Medium Enterprises (SMEs) in Nigeria has been identified by the Group Managing Director, Fidelity Bank Plc, Mr. Nnamdi Okonkwo. In his keynote address during the opening session of the entrepreneurship…
Statoil votes $10b deal for Nnwa-Doro deep offshore, Agbami fields
Key investor in Nigeria’s oil and gas industry, Statoil Group is currently increasing its investment in Nigeria with more than $10 billion in energy and natural gas supplies. The company said the drive would further speed up the undeveloped Nnwa-Doro…
Trucks’ gridlock may relocate to Ebute Meta as NRC begins lifting
There are palpable fears that in a bid to resolve the intractable Apapa gridlock caused by truckers lifting containers from seaports, the planned rail transit of containers to Ebute-Meta terminal may equally relocate traffic chaos to the formally sleepy axis…
Policies, infrastructure frustrating FG’s diversification drive—BH Report
Indications have emerged showing that Nigerian government may have placed the cart before the horse in driving its Economic Recovery & Growth Plan (ERGP). This is stemming from discoveries that the needed infrastructure indices to recover and grow the economy…
Stop-&-Search: Police summersaults self 48 hours after ban on road blocks
Barely 48 hours after the Inspector General of Police, Ibrahim Idris in a terse statement, informed Nigerians of immediate dismantling of all road blocks across the nation, the Police Command in the FCT has technically voided the order by saying…
NCC explains presence at ITU, mute on ‘Where to invest in Africa’ report
The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof Umar Danbatta, on Tuesday addressed visitors to the Nigerian pavilion at the ongoing ITU Telecom World conference, in Busan, South Korea. According to him, “We come to the ITU…
UK investors willing to offset 9mobile’s $1.2b debt closes in on deal
Chances of local investors cashing in on acquiring cash-strapped 9mobile are fading as Nigeria’s fourth largest telecommunications service provider, is gearing towards sealing a deal with investors from the United Kingdom. Investigations by Business Hilights showed that key pointer to…
MainOne, 2 others changing narratives of data centre operations
In the last two years, investigations have shown serious improvement in the hosting of contents in the country with the advent of commercial data centre operators like MainOne, Rack centre and Medallion. The trio had also achieved Tier 111 certification….
Ghanaian clergy warns against youths, women cell phone imprisonment
Having observed how African youth lavish their peak working hours on android phones both at home, on the way, school and work places, leading vocal cleric, Most Reverend Charles Gabriel Palmer-Buckle, the Accra Metropolitan Archbishop of the Catholic Church, has…
