Business Hilights

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Business Hilights

Forex: 15 aircrafts of Air Peace stranded at maintenance hangers abroad

The Chairman of Air Peace, Allen Onyema, has revealed that not less than 15 aircrafts belonging to its fleet are currently stranded at different maintenance hangers abroad due to inability to secure forex at reasonable rate. Further checks showed that…

Ecobank turning its banking halls to smart arenas

Ecobank Nigeria has started the remodeling of its branches across the country.  This effort will see the bank turn its existing banking halls into modern smart banking arenas designed to offer a cozy experience to customers and other stakeholders of…

Dangote Cement Remits N412.9bn in taxes to FG in 3 years

Leading cement conglomerate, Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as tax for 3 consecutive years. A total of N97.24 billion was paid by…

Minister showcases ease-of-doing-business to Investors at G-20 Summit

The Minister for Industry, Trade and Investment, Dr. Doris Uzoka-Anite, will at the G-20 Summit holding in New Delhi, India, address foreign investors on the ease of doing business in Nigeria. The Minister, who is billed to depart with President…

Ebonyi Airport redundant since commissioning

There are strong indications that so many airport projects of the last administration were done without due diligence as in viability and profitability. For instance, reports say the Ebonyi airport hasn’t received a single commercial flight four months since it…

Matthieu BOUYER now MD of TotalEnergies Upstream Companies in Nigeria

Mr. Matthieu BOUYER has been appointed the Managing Director/Chief Executive of TotalEnergies Upstream Companies in Nigeria and representative of TotalEnergies Company in Nigeria effective August 21, 2023. A graduate of the Ecole Centrale in France, Matthieu BOUYER joined Total in…

Just in: NDLEA hits ephedrine, skunk, laughing gas volumes at Lagos airport

Operatives of the National Drug Law Enforcement Agency, NDLEA, have intercepted various quantities of ephedrine, skunk and nitrous oxide, popularly known as laughing gas concealed in semovita packs and dry pepper being shipped to South Africa and Kenya through the…

Just in: How Buhari, Emefiele’s ABP dashed N549.5Bn to 10 Northern States in 8 years

Fresh statistics and revelation have emerged on why the new administration under President Bola Tinubu has ordered the Central Bank of Nigeria (CBN) to immediately recover all loans given out under the so-called Anchor Borrowers Programme (ABP) for rice revolution…

NCDMB, ICPC drill Board’s staff in Abuja on anti-corruption

The Nigerian Content Development and Monitoring Board (NCDMB) in conjunction with the Anti-Corruption Academy of Nigeria (ACAN), an organ of the Independent Corrupt Practices Commission (ICPC) organised a 2-day sensitization workshop for the Board’s staff in Abuja recently. Delivering the…

ICT

No Tech-investor in Tinubu’s private team to Indian Round Table

A careful review of the who-is-who in Nigerian business on the entourage of President Bola Tinubu for the next week’s Presidential Round Table & Conference at Le Meridian Hotel in New Delhi has raised serious doubts on the claims by…