Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Defence Minister calls for synergy in conflict resolution operations

The Minister of Defence, H E. Muhammed Badaru Abubakar, CON, MNI has advocated for synergy of Operations amongst all the security forces of the nation in combating modern conflicts saying that no modern conflict can be successfully prosecuted using only…

How Wada handed over leadership of Customs FOU Zone B Kaduna to Shuaibu

Comptroller Dalha Wada Chedi has handed over the mantle of leadership of the Federal Operations Unit Zone ‘B’ Kaduna to Comptroller Ahmadu Bello Shuaibu on 17 April 2024 at the Unit’s Headquarters in Kaduna in a colourful transition ceremony. The…

ICT

NCC, Korean tech Sector captains eye establishing IAC

The Nigerian Communications Commission (NCC) recently received a delegation from South Korea which is on a visit to explore collaborative efforts in implementing the Information Access Centre (IAC). The delegation led by prominent figures in South Korea’s technology sector engaged…

NPA awaits joint-ministerial approval for CitiBank’s $700m Ports repair loan

Following the signing of the Mandate Letter to secure a $700m CitiBank loan to be funded by the UK Export Finance, UKEF between the Managing Director, Nigerian Ports Authority (NPA), Mohammed Bello Koko, and the bank on Wednesday, the document…

Hydrogen, CCHub Partner to Encourage Fintech Startup Success

Leading Fintech startup, Hydrogen Payment Services Limited (Hydrogen), has teamed up with Co-creation Hub (CcHub) to host an insightful event themed, ‘Adapting Fintech Business Models to Economic Climes’. The event, set to take place today, Thursday, April 18, 2024, from…

NCDMB Pockets $1m Return on Investment from NEDOGAS

The Nigerian Content Development and Monitoring Board (NCDMB) on Monday received a cheque of $1 million from Nedogas Development Company Limited (NDCL), being part of the return on investment (ROI) on one of the Board’s strategic investments. The cheque was…

Kebbi Hands-over 10 Hectares of Land to NASENI for AMEDI

The Kebbi State Government has handed over ten hectares of land to the National Agency for Science and Engineering Infrastructure (NASENI) for the establishment of Agricultural Machinery Development Institute (AMEDI) today in Birni Kebbi. This was in line with the…

Lagos Trade Fair Standstill for Offorkansi Birthday

It was excitement galore as the largest auto market in Africa, the Auto Spare Parts and Machinery Dealers Association (ASPMDA) celebrated the birthday of one of its giants and pillars, High Chief Dr. DC Offorkansi, former president and current chairman…

Thermal power to dominate generation mix of Russia—Report

Russia has been slow in the adoption of renewable sources for power generation due to the availability of cheap conventional energy sources. In 2023, annual generation through thermal power sources held a share of 59.5% in the total generation mix…

Relief for industries as Dangote crashes Diesel price to N1,000 per litre

Dangote Petroleum Refinery has announced further reduction of the price of diesel to from 1200 to 1,000 naira per litre. While rolling out the products, the refinery supplied at a substantially reduced price of N1,200 per litre three weeks ago,…