Business Hilights

Tracking Nigeria's Headline Business News Online

Organised Private Sector (OPS)

2022 too far for upgrading wheeling capacity to 20,000 MW, TCN told

The Organised Private Sector (OPS) has described the recent position of the Transmission Company of Nigeria (TCN), that it has concluded plans to increase Nigeria’s wheeling capacity from 8, 000 to 20,000 megawatts by 2022 as bad news. Recall that…

FG, States endless borrowing in 2018 crowded out OPS from credit access—NECA

Leadership of the Nigeria Employers’ Consultative Association (NECA), has raised fresh alarm on the impacts of sustained borrowing spree both by the Federal Government and states from the local money market to fund 2018 and 2019 budgets. According to the…

Presidency now listening to OPS, cancels Rwandan trip to avoid ACFTA deal

The change of mind of the Presidency on signing of the framework agreement for establishing the African Continental Free Trade Area (ACFTA) treaty became clearer on Sunday following the cancelation of the planned attendance of President Muhammadu Buhari to Kigali,…

PIGB: Let downstream, upstream operations get separate regulators—OPS

Just as President Muhammdu Buhari is yet to accent to the passed Petroleum Industry Governance Bill (PIGB), the Organised Private Sector (OPS), has called on the National Assembly (NASS), to instead of crowding the regulation of both up and downstream…