Business Hilights

Tracking Nigeria's Headline Business News Online

Energy

New Refinery underway in Angola as oil licensing round gets set

Following major economic reforms, Angola’s oil and gas industry is undergoing a big resurgence. The country had on Tuesday, launched the first leg of an international roadshow to promote this year’s oil and gas licensing round even as financial transactions…

Russia’s ROSATOM steps up training of Nigerian youths on nuclear technologies

Leading global giant in nuclear technologies, ROSATOM has sustained its African tailored policy of raising the next generation of nuclear energy technology experts in Nigeria. Already, ROSATOM, the Russia’s state-run nuclear energy corporation, has invited students and young professionals across…

Now is Time to Make Energy Work for Africa

By Prince Arthur Eze It is long past time that we made energy work for Africa. It is past time that Africa’s natural resources benefited Africans; that every African had access to electricity; and that the wealth created by oil…

Shell steps up CSR, gives 13 N’Delta indigenes scholarship to UK varsities

At last, 13 winners of the 2019 Shell Petroleum Development Company (SPDC) Joint Venture overseas postgraduate scholarship for host communities have emerged at the award ceremony in Port Harcourt Business Hilights gathered that the latest awards bring the total number…

PMB, Malami not GEJ responsible for $9billion judgement debt – P&ID

The management of Process and Industrial Developments Limited (P&ID), the very Irish company, pushing for recovery of its $9billion British court’s judgement debt has reacted to the latest position of the Federal Government, saying former President Goodluck Jonathan has no…

MAPR, planned electricity tariff hike anti-Nigerians—CARE alleges

More interest groups have continued to raise objections to the newly introduced Meter Asset Provider Regulations (MAPR) policy and the plan to hike tariff, saying both initiatives’ are anti-poor policies. Latest to join the calls for total review of the…

Ikeja Electric introduces E-Bills to enhance customer experience

Nigeria’s leading electricity distribution company, Ikeja Electric Plc (IE) has introduced its electronic billing (e-billing) platform, which enables customers to receive electricity bills promptly and conveniently, via channels such as SMS, USSD, email, IE Bill portal and IE mobile Application….

FG mulls transformer plant, sends 60 Nigerian engineers for training in China

60 Nigerian electrical engineers Tuesday left Nigeria for China under a new programme powered by the National Agency for Science and Engineering Infrastructure (NASENI) to train Nigerians on latest technologies in electric transformer manufacturing. Business Hilights gathered that on completion…

‘Prepaid metering: Extend Discos August 31 deadline to meter MDAs to all Nigerians’

More reactions have continued to trail the recent matching order handed down to all Discos by the Nigerian Electricity Regulatory Commission (NERC) to meter all ministries, departments and agencies of both federal and state governments before the end of August….

W’Bank’s latest blacklist of Chinese firms may frustrate AEC’s Beijing tour

To support growing energy cooperation and investment between China and Africa, the African Energy Chamber (AEC) is organizing a working visit to Beijing this week. However, there seems to be a drawback as latest release of names of blacklisted Chinese…