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Author Archives: Business Hilights

Airport Infrastructure: FG votes N6bn for information, landing systems for four airports

Amaechi Seriika

There seems to be more confusion in the planned concessioning of four major international airports in Nigeria by the federal government as upon the determination to privatise them, government is still investing in them. Globally, whenever an enterprise is slated for privatization, the presiding government ends further investment or upgrade so that the new owners will invest more to upgrade ...

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CCECC returns to site at burnt Festac Link Bridge

FESTAC Link Bridge repairs

The contractor handling the repair of burnt Festac Link Bridge, China Civil Engineering and Construction Company (CCECC) in Festac Town, Amuwo-Odofin local government area of Lagos State appeared to have returned on site. Investigations by Business Hilights revealed that even though the company was immediately drafted in to resurface and improve the tensile force of the bridge which got burnt ...

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Revealed: S’Africa film, television industry now attracting more FDI than Nollywood

Cape Town Studio

The Chief Executive Officer of the Cape Town Film studios, Mr. Nico Dekker has revealed that since December 2010, the foreign direct investment (FDI) and economic impact of productions hosted by the studios led to 47,044 jobs being created and the South African production expenditure amounted to R2 billion within the period under review. In his remarks during a site ...

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Condusive work environment grows productivity better than fat pay—new report

Ezurike N Report

A new report on millennial employees has revealed that organizations seeking to create happy moments and fat salaries as a strategy for achieving improved productivity are in for hard times in the era of the millennials. The research carried out by Nduneche Ezurike, a Marketing Communication professional and employee of a commercial bank in Nigeria has advocated a revolutionary shift ...

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Breaking: Police announce recovery of stolen mace within Abuja City gate complex

Yemi Ekweremadu

Less than the given 24 hours, the Nigeria Police on Thursday morning announced the recovery of the Senate Mace, whisked away during Wednesday’s plenary by a gang of thugs suspected to be supporting a suspended Senator, Mr. Ovie Omo-Agege. A statement in Abuja by the Deputy Force Public Relations Officer, SP Adeniran Aremu, said the Senate mace was recovered under ...

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Support groups surge for Atiku’s presidential ticket, RNI says he’ll transform Nigeria

Atiku AA

Re-building Nigeria Initiative (RNI), a pan Nigeria interest group advocating for the development and growth of the country and protection of its citizens’ rights and privileges, has declared support for the actualization of former Vice President, Alhaji Atiku Abubakar’s 2019 presidential success. According to the group, Atiku, who recently defected from the ruling All Progressives Congress (APC) to the major ...

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APC divided over Keyamo’s appointment as Buhari’s campaign image-maker

Keyamo SAN

Ahead of the ruling All Progressives Congress (APC) convention fixed for Monday, May 14, knocks and controversies are still trailing Tuesday’s announcement of Lagos lawyer, Mr. Festus Keyamo, a Senior Advocate of Nigeria (SAN), as the Director, Strategic Communications for President Muhammadu Buhari’s 2019 presidential campaign. Otherwise, by this appointment, Keyamo becomes the official spokesperson for Buhari’s campaign for the ...

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Buhari spending ‘inordinate time’ cleaning the rot left by the PDP since 3 years—Tinubu

Buhari Tinubu

As political alignments and tactical maneuvers’ continue to take centre stage since the declaration of interest to run for second term by President Muhammadu Buhari last Monday, national leader of the ruling All Progressives Congress (APC), Asiwaju Bola Tinubu has claimed that his party led federal government has done for the citizens what the ousted Peoples Democratic Party did not ...

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Is NCC really doing enough in encouraging Infracos to rollout across Nigeria?

NCC 99

Since the issuance of the first two licences for Lagos and North Central Zones to MainOne Cable Company and IConnect group more than three years ago, not much has been covered by the telecoms services companies due to encumbrances’ linked to ease of doing business. Whereas North Central Licensee, IConnect has thrown in the towel due to the regulator, Nigerian ...

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Software practitioners want NITDA to deepen action on local content policy drive

NITDA E Nigeria

The leadership of the Institute of Software Practitioners of Nigeria (ISPON) has called on the supervisory agency, the National Information Technology Development Agency (NITDA) to rise to the occasion of deepening deliveries in line with its mandate on issues concerning local content policy. Otherwise, the group wants the federal government to expedite action on the implementation and enforcement of the ...

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