Gas pricing remains a major issue in the performance of Gencos, Discos—BPE
The Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has observed that gas pricing was a major issue in the electricity distribution chain, as most of the generating plants in the country were gas…
FG recalls 2 sacked directors, appoints new three, GM for FAAN
Barely less than two days after a sack of all ten directors of the Federal Airports Authority of Nigeria (FAAN) leading only the managing director, the supervising Ministry of Transportation has rescinded the letter of two, saying they received sack…
Xenophobia: FG’s weak reactions fueling attacks on S/African business interests
Reacting officially after three days of killings and destruction of Nigerians and Nigerian interests in South Africa by the federal government and minister of Foreign Affairs in particular, have angered many Nigerians, investigations by Business Hilights can authoritatively report. A…
Magbojuri chides Peterside’s NIMASA over lip-service drive on Cabotage regime
Managing Director of Oceangate Engineering and Geophysics Limited, Taiwo Magbojuri has disclosed that the nation’s participation in cabotage regime regarding vessels, cargo, ship liners has continued to be abysmal irrespective of the reform claims of Nigerian Maritime Safety and Administration…
Ban BBNaija now to save Nigerian youths, culture, lawmaker, Nigerians tell NBC
Even before a Lagos lawmaker, Mr. Segun Olulade on Thursday called on the Minister of Information and Culture, Alhaji Lai Mohammed on the negative implications of Big Brother Naija on the nation’s culture and youths, more Nigerians have already anger…
MTN pays NCC courtesy visit, expresses confidence in Nigerian economy
Not minding the grim challenges arising from the N330b fine imposed on it by telecommunication regulator, Nigerian Communications Commission (NCC) last year, MTN Group has expressed strong confidence in its Nigerian operations and economy. Group Chairman/Chief Executive, Mr. Phuthuma Freedom…
NBC set to sanction broadcast operators owing license fees from March
The Director General of National Broadcasting Commission (NBC), Mallam Is’haq Modibbo Kawu has given a clear indication that before the end of next month, the agency will weld the big stick on operators who have refused to pay up their…
New CBN forex policy spurring naira to recovery as access in banks stabilize
Few days after the National Economic Council (NEC) chaired by Acting President, Prof Yemi Osinbajo mandated the Central Bank of Nigeria (CBN) to review its monetary policy, swift actions of the agency seemed to have not only halted value loss…
Airtel offers relief to abused children in Touching Lives Episode 2
Airtel, through its Touching Lives philanthropic programme, has come to the aid of a struggling non-governmental organisation, Child Rights Brigade (CRB), whose purpose is to rescue abandoned and abused children in Lokoja, Kogi State. In the second episode of Airtel…
Raise gas flare penalty from N10 per 1,000 scf to N50 to tame flares—Expert
Oil and gas expert, Dr. Kinsley Ujunwa has called on the federal government to raise the current gas flare penalty from N10 per 1,000 scf to N50 to tame the tide of free flow of flares in Niger Delta. In…
