Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

UTM Seeks NCDMB’s Equity Investment, Approvals For Floating LNG Project

UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-track the project’s development….

Glo 88
ICT

Glo 1 comes to rescue as Other Submarine cables suffer cuts

As Glo 1 subsea cable remains strong, there have been massive internet outages in Nigeria following damage to other international undersea cables supplying the country with connectivity. Telecommunications companies and a number of banks which rely on the affected cables…

Aig-Imoukhuede Retruns as Access Holdings Plc non-executive chairman

More shakeups continue to emerge as former chairman of Access Holdings Plc, late Herbert Wigwe goes to his final resting place. Latest is the appointment and return of Mr. Aigboje Aig-Imoukhuede as its non-executive chairman. Aig-Imoukhuede replaces Mr. Abubakar Jimoh,…

ICT

AVEVA Names Joanna Mainguy as New Sustainability Accelerator Director

…Joanna Mainguy will steer strategies for sustainability innovation across AVEVA’s portfolio and partner ecosystem, furthering ESG targets for 2025 and beyond AVEVA, a global leader in industrial software, driving digital transformation and sustainability, today announced the appointment of Joanna Mainguy…

Niger Junta Mute As Tinubu Reopens Niger Land, Air Borders, Lifts Sanctions

President Bola Tinubu has directed the opening of Nigeria’s land and air borders with the Republic of Niger and the lifting of other sanctions against the country with immediate effect. However, the Junta-led Military government is yet to make any…

ICT

TECNO’s Launches PolarAce Imaging System with Sony Imaging Chip at MWC 2024

In a seismic shift in the mobile technology landscape, TECNO made waves at the 2024 Mobile World Congress (MWC) by unveiling its groundbreaking PolarAce Imaging System, featuring the cutting-edge Sony Imaging Chip. This groundbreaking technology is set to debut in…

NCDMB Hails Oil Sector’s Executive Orders for Reinforcing NOGICD Act, SLA

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday applauded President Bola Ahmed Tinubu, GCFR, for announcing three Presidential Executive Orders directed at incentivizing the Nigerian oil and gas industry, encouraging…

ICT

Soludo Empowers Teachers with 2,000 Laptops

The Governor of Anambra State, Prof. Charles Chukwuma Soludo, on Tuesday, 12th March, 2024, distributed 2,000 brand new laptops to headteachers, ICT teachers, and principals of public and public-mission schools across the state. The distribution aligns perfectly with the vision…

Pioneer LAMATA MD Now NIMASA DG

President Bola Tinubu has approved the appointment of Dr. Dayo Mobereola to serve as the Director-General of the Nigerian Maritime Administration and Safety Agency,NIMASA for a renewable term of four years. The appointment follows the exit of Mr. Bashir Jamoh,…

NNPC Ltd Seeks EFCC’s Support in Fight against Crude Oil Theft

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has appealed to the Economic and Financial Crimes Commission (EFCC) to help tackle the menace of crude oil theft in the country. The Group Chief Executive Officer of the company, Mr. Mele…