Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Crude oil theft killed ECA, derailed meeting OPEC quota—NECA

The Nigeria Employers’ Consultative Association (NECA) has revealed that apart from the economy losing about $2.5bn monthly for failing to meet the 1.8m barrel per day crude oil production allocation by the Organisation of Petroleum Exporting Countries (OPEC) via crude…

Glo 88
ICT

New house winner emerges in Glo Festival of Joy promo draw in Lagos

Another landlord on Thursday emerged in a draw held to determine the winner of an exquisite three-bedroom house  in the Glo Festival of Joy promo. The event  which was held at the Gloworld outlet on Adeola Odeku Street, Victoria Island,…

ICT

NIMASA meets NISA over CVFF Disbursement

The Management of the Nigerian Maritime Administration and Safety Agency, NIMASA has continued with constant stakeholders’ consultation and engagement to ensure effective communication to attain seamless disbursement of the Cabotage Vessel Financing Fund as approved by President Muhammadu Buhari GCFR….

Energy

CNL reassures commitment to Nigeria

Leading exploration giant, Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Corporation (NNPC) and CNL is aware of a misleading media report alleging that Chevron plans to exit Nigeria. Please note that the allegation…

Fulani Herdsmen collapse foreign investment in agric sector by 37.9%

Due to the fear of the Presidency, nobody wishes to talk about the reality of Fulani herdsmen attacks in farmlands across the nation. President Muhammdau Buhari is a Fulani man from Katsina State. However, the apparent reflection of the attacks…

Illegal crude oil pipeline spotted in Rivers State community

Government of the Tai Local Government Area of Rivers State, have said they have uncovered a pipeline used by illegal refiners to steal crude oil in Nonwa-Uedume community of the state. The Executive Chairman of Tai LGA of the state,…

Coronation Asset Mgt presents 2023 Investment Outlook

Last year, 2022 was a miserable year for global savers. Central banks hurriedly raised policy rates to combat inflation which caused prices to correct across equity and bond markets. Then inflation corroded whatever nominal returns were left. As we enter…

ICT

Konga Jara: 2 more shoppers win mentorship spot with Ekeh, Zinox boss

Two more winners have emerged among shoppers of Konga, Nigeria’s leading composite e-commerce giant, for the highly anticipated all-expense paid Knowledge Weekend programme with the Chairman, Zinox Group, Leo Stan Ekeh. The two lucky winners are Mr. Olanrewaju Ogunkunle who…

Agbazuere gains grounds as campaign council tours communities

The People’s Democratic Party candidate for Isiala Ngwa North and Isiala Ngwa South Federal Constituency in the next month general elections, Prof. A.C.B Agbazuere has assured the people of Umuachiri Umuapu Ovungwu Autonomous Community, in Isiala Ngwa South L.G.A of…

Hann assumes office as the CEO of Shelter Afrique

Mr. Thierno-Habib Hann has assumed the position of the new Managing Director and Chief Executive Officer of the Nairobi-based Pan-African housing development financier Shelter Afrique following his appointment in August last year. Business Hilights recalls that Shelter-Afrique is a pan-African…