Engineers call for high industrial, workplace safety standards
Following lack of attention to safety of lives and property in industries and among professionals, members of the America Society of Safety Engineers, (ASSE), Nigeria Chapter have pledged to promote safety in Nigeria construction sector. President of the society, Herbert…
Intels boss, Bird lists incentives at Onne Oil & Gas Free Zone to foreign investors
Chief Commercial Officer (CCO) of Intels Nigeria Limited, major concessionaire at the zone, Mr. Patrick Bird, has opened up on the volume of investment incentives abound in the Onne Oil & Gas Free Zone. A statement by Intels issued Monday…
Food, beverage prices jumping exponentially since FG mulled price control
Investigations since the beginning of the year by Business Hilights have shown that prices of food stuff and beverages had been on upward trend without any signal of dropping any time sooner. This may have prompted the federal government to…
FG’s N51bn to revive textile industry not enough—Igboanugo
Experts have started reacting to the recent discovery that the Federal Government has set aside the sum of N51bn in this year’s budget to promote the development of the garment and textile industry in the country. The allocation is part…
Big Saudi oil cut, a great advantage to Nigeria, other
Since the commencement of OPEC cut regime, oil prices have been on a rising trend which translates to strong boost to Nigeria’s economy. But the fear of price drop was further doused now Saudi Arabia has made a large cut…
Discos frustrating Gencos with N243bn debt –NBS
Fresh report from the office of the National Bureau of Statistics (NBS) has disclosed that out of the N331.02bn worth of invoices issued by the power generation companies to the electricity distribution firms last year, only N88.03bn was settled, meaning…
Qatar Airways aircraft shocked by bird strike in Lagos
Barley five days after it narrowly escaped crash due to losing one tyre at the Nnamdi Azikiwe International Airport, Abuja, Qatar Airways was weekend hit by bird strike at Muritala Mohammed International Airport, Lagos. In a statement issued by the…
FG seals deal with Dana Air to save N15bn from 50% air travels discount
As part of efforts to save costs, the Federal Government is to save N15 billion annually after signing a discount deal with Dana Airlines. This is coming barely one month after the airline seal a airline development partnership deal with…
Global seafarers unions challenge NIMASA to effect the rescue kidnapped crew in Nigeria
Since the kidnap of eight crew members, off the coast of Nigeria, growing number of international seafarer unions are calling for a fast response of relevant authorities including Nigeria Maritime and Safety Agency (NIMASA) to the rescue of eight crew…
Air Nigeria story may frustrate moves to give Arik Air N10bn lifeline
Whereas the new management of Arik Air has said it inherited nearly an empty shell of a carrier with only 10 out of the 28 aircraft in its fleet functional at the moment, aviation analysts have expressed reservations on the…
