Business Hilights

Tracking Nigeria's Headline Business News Online

Month: November 2016

Abia Gov., Ikpeazu delivers Made-in-Aba shoes to Obasanjo in record time

The Governor of Abia State, Dr. Okezie Ikpeazu, has delivered pairs of made in Aba shoes to former Nigeria’s President, Chief Olusegun Obasanjo, at his Hilltop Mansion home in Abeokuta, Ogun State. It would be recalled that the former President…

Saraki unveils skill acquisition scheme for 40,000 Kwara youths

Senate President, Dr Bukola Saraki, has launched ‘Skill Acquisition, Training and Empowerment Programme (STEP)’ to empower about 40, 000 youths in Kwara State. Saraki who stressed the need to arrest the increasing unemployment and youth restiveness across the country for…

Poor storage facilities wasting 45% post-harvest farm products yearly

The agricultural sector has continued to lose about 45 per cent post-harvest food items to inadequate storage facilities in cities of sales. The Chief Operating Officer of Cold Hubs, Mr.Bright Igbokwe, said this in Lagos at a one-day seminar organized…

Obaseki to rebuild Benin Technical College to drive self-reliance

Barely two days into his administration, the new Governor of Edo State, Mr. Godwin Obaseki has conducted a tour of the Benin technical College and vowed to rebuild it to drive industrial revolution in the state. Inspecting facilities in the…

2000mw coming on national grid, but next year—Fashola

Indications have emerged that the current sustained supply of electricity nationwide may continue even till next year. This is coming on the heels of an assurance by the Minister of Power, Works and Housing, Mr. Babatunde Fashola who revealed that…

Electricity, food items prices gallop inflation rate to 18.3% from 17.9% – NBS

Key household consumables including housing, electricity and food items have dragged Nigeria’s inflationary trend from rising from 17.9 per cent in September to 18.3 per cent in October. This was the key revelation of the latest report on the Consumer…

Badagry Deep Seaport scheme hangs in balance as community plans resistance

There are palpable fears that the much celebrated Badagry Deep Seaport project may take a longer time than expected; if it will ever be at all, considering revelations by the host community. Two key factors are currently worrying the prospective…

Lafarge Africa wins double at 2016 SERA awards in Lagos

Lafarge Africa Plc, a leading construction solutions company in Nigeria has emerged Best Company in Stakeholder Engagement in Nigeria at the 10th edition of the Social Enterprise Report Awards (SERAs), in recognition of its unflinching commitment to Corporate Social Responsibility…

Obiano deepens ease of doing business, reduces land registration stress

More states are now making issues relating to access to land for investors very simple to attract genuine developers. A clear pointer to this is the recent move by the Anambra State Government, in conjunction with the Presidential Technical Committee…