Business Hilights

Tracking Nigeria's Headline Business News Online

Month: December 2016

Energy

NLNG completes, donates $2m laboratory to UNN

Nigeria LNG Limited (NLNG) has deepened it Corporate Social Responsibility (CSR) as it has commissioned a completed an ultra modern Engineering Laboratory at the University of Nigeria, Nsukka (UNN). The delivery and furnishing gulped $2 million and the building was…

Lagos NIPR rolls out plans for PR industry awards

Lagos State Chapter, the flagship branch of the Nigerian Institute of Public Relations (NIPR) has announced plans to celebrate communications professionals at a highbrow event tagged: Lagos PR Industry Gala and Awards scheduled to hold at The Civic Centre, Victoria…

Ban on foreign rice forces Ebonyi to scout for 54,000 hectares for dry season farming

Barely less than one week after the Ebonyi State Government had banned sales and consumption of foreign rice in the state; it has begun moves to secure about 54,000 hectares for the 2016/2017 dry season farming. The Commissioner for Agriculture…

PPP best bet for delivery of maritime infrastructure—NIMASA DG

Consistent delivery of critical infrastructure at the nation’s shipping sector has been identified as a necessary step capable of unlocking the vast opportunities in Nigerian maritime industry. This position was canvassed by the Director General of the Nigerian Maritime Administration…

Usman reveals how NPA made Dangote, Otudeko, Folawiyo, others

Managing Director of the Nigerian Ports Authority (NPA), Hajia Hadiza Bala Usman has declared that majority of successful Nigerians were made by the dedicated activities of the Authority in managing port operations. She argued further that NPA made it possible…

Osinbajo flags off AEC summit in Abuja with focus on industrialization

Vice president Yemi Osinbajo yesterday flagged off the 11th African Economic Conference (AEC) in Abuja. The leading consensus of the conference centered on the need to scale up the continent’s agricultural transformation to spur industrialization and inclusive growth. In his…

Henceforth, spending without NASS approval is criminal—Minister warns MDAs

If the latest position of the Minister of Finance, Mrs. Kemi Adeosun is anything to go by, several spending sprees of ministries, departments and agencies (MDAs) without recourse to budgetary allocations have stopped forthwith. In an exclusive interview, she told…

Nigeria leads other W/African countries to ban ‘dirty fuels’ from Europe

Almost more than two month after a group of civil society carried out a peaceful demonstration in Abuja over the importation of killer fuel products from some marked parts of Europe, especially Switzerland, the federal government has seen the reason…

Disquiet as Senate concludes move to scrap BoI for National Dev. Bank

Anxieties seem to be at the highest as the Senate Monday moved closer to concluding plans to scrap Bank of Industry (BoI) and establish the National Development Bank (NDB) in its place. But the leadership of the bank kicked against…

Terminal operators commend FG, seek drop in 70% duty on vehicles

Barely less than 24 hours after the federal government through the leadership of the Nigerian Customs Service (NCS) announced ban on importation of vehicles via land borders, the Seaport Terminal Operators of Nigeria (STOAN) has commended President Muhammadu Buhari for…