ECOWAS lawmakers’ plotting end to piracy in Gulf of Guinea
A five-day strategy meeting by the ECOWAS Parliament has begun in Lagos with the target of developing a template that will end piracy along the Gulf of Guinea. Coming with theme: ‘Maritime Security and the Fight Against Piracy: the Role…
Warren Buffett invests $1.3bn in 3 US airlines
leading US billionaire investor Warren Buffett has taken stakes in three large US airlines, in a $1.3 billion bet that marks a sharp U-turn of his antagonistic views on the sector. Buffett’s Berkshire Hathaway Inc. invested $797 million in American…
High-end smartphones most hit by recession as sales drop in Nigeria
Dealers in choice smartphones in major retail outlets are now worried on the geometric drop in sales in the last four months. Checks by Business Hilights across key outlets and markets show drop in the sales of choice smartphones, especially…
Senator raises alarm on air crash, cries out on #AccidentWaitingToHappen
Media magnet, social media expert and Senator of the Federal Republic, Mr. Ben Murry Bruce has deepened his campaign on impending air crashes owing to lack of forex by airline operators to service their aircrafts. In his campaign, now trending…
MainOne’s SME-In-A-Box driven by cost efficiency
Senior partner at Peritus Technologies, Mr. Ikechukwu Anumba has said that one of the key driving factors in the rush for SME-In-A-Box, a premium product of MainOne Cable Company is the cost effectiveness of the solution. He said although no…
UBA bags SERAs best CSR company award in W/Africa
Pan African banking Group, UBA has emerged the best institution in Corporate Social Responsibility (CSR) in West Africa. Its CSR arm; UBA Foundation won the best CSR/Sustainability, West Africa Award at the 10th SERAs (Social Enterprise Report Awards) ceremony…
Recovered loot to fund bulk of 2017 N2.69tn budget deficit
Indications have emerged that the clamour for the immediate use of all recovered loot by the government may have gotten the attention of the government as it has revealed that recovered loot will fund part of the 2017 budget deficit…
Nzekwe, ex-ANAN boss sees hyper inflation running into 2017
Analyst in financial matters and former President, Association of National Accountants of Nigeria (ANAN), Dr Samuel has predicted that the nation’s rate of inflation would still flare up before the year comes to an end and may continue early next…
Lagos first 13% oil derivation revenue coming in December
Barring any last minute delay by the federal government, Lagos State will be the fastest state to access the 13 per cent oil derivation fund in less than six months of resumption of exploration activity in the state. Oil-producing states…
Experts weigh challenges of Badagry deep seaport, list solutions
Leading experts and stakeholders in shipping and maritime development have reviewed the chances of survival and sustainability of the emerging Badagry deep seaport; saying much planning and sustainability tests are needed. These were part of the resolutions taken at the…
