Business Hilights

Tracking Nigeria's Headline Business News Online

Month: December 2016

FG dropped kerosene import by 51.8 million litres to grow gas usage

There has been rising use and consumption of liquefied petroleum gas by various homes across the country due to the steady rise in price of kerosene. An analysis of the latest report on Petroleum Products Imports Statistics released by the…

Uber, LASG move to solve transport challenges for workers

Barring any last minute changes, Uber is about to change the way Lagos workers handle their transport problems as it has partnered with the Lagos State Employment Trust Fund (LSETF) to provide access to finance for budding transport entrepreneurs at…

Spectranet seals wifi delivery deal on Lagos-Abuja-PH flights with Dana Air

Dana Air has joined the growing list of reputable brands associating with Spectranet to enjoy its unique broadband service offering. Explaining the new partnership with Dana Air recently, Chief Executive Officer of Spectranet, David Venn, said “its gladdening to note…

Obi empowers his community youths with N24m, 41 buses, 20 tricycles

Former governor of Anambra State, Mr. Peter Obi weekend created jobs by way of empowering scores of youths in his Agulu Community, Aniocha LGA of Anambra State. He gave out empowerment instruments including N24 million, 42 buses and 20 tricycles…

OGFZA set to takeover Ladol, Snake Island as ultimatum deadline ends

Even though total investment in the Oil and Gas free Zones Authority (OGFZA) may grow to $90 billion up from current $60 billion in the next few years as OGFZA takes over the management of Snake Island and Ladol Free…

Bakassi returnees decry negligence as FG donates 10 fishing boats, nets to IDPs

Several Nigerians who were ejected from the ceded Bakassi Peninsula in Cross Rivers State but currently scattered in parts of the state have decried government’s negligence and poor attendance to their conditions. One of them who spoke to Business Hilights…

Profile of Nana Addo Dankwa Akufo-Addo, President-elect of Ghana

Nana Addo Dankwa Akufo-Addo was born and raised in Ga-Maami (Accra Central) and in the Nima area of Accra. His father’s residence, Betty House at Korle Wokon in Accra, was effectively the headquarters of the country’s first political party, the…

Business Interview/Opinion

The concession speech of Ghana’s President, John Dramani Mahama

I think we lost because our time was simply up, and no amount of deceptive campaign promises could keep us in power. No amount of monopolization of the media space could save us. No amount of money could stop our…

Substandard iron rods, sandy concrete caused collapse of Akwa Ibom church building

Just as the Akwa Ibom State Government has declared yesterday and today (Monday) days of morning, preliminary investigations by the State Chapter of the Nigerian Society of Engineers (NSE) has traced two key causes of the Reigners Bible Church collapse…

Lagos Rice may finally sell for N21,000 on the streets, market

Though signals have emerged from the Lagos State government that it may sell its special rice at N13,000 per 50kg bag for the Xmas and New Year celebrations, investigations have shown that the said price is only for bulk buyers…