Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2017

Osinbajo set for Lagos to declare building material trade expo open in May

All is set for a two-day first ‘Made-in-Nigeria Building Material Trade Expo’ in Lagos in May and the Acting President, Prof. Yemi Osinbajo, is expected to declare it open. A statement by the organizers, Global Homes Magazine, said the event,…

Unilever merger deal with Kraft collapses

U.S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143-billion merger with larger rival Unilever Plc (ULVR.L), the companies said on Sunday, raising questions about Kraft’s next steps and whether it could turn its focus to another…

Keystone Bank deepens Anchor Borrowers scheme on Agric with N350m credit line

More commercial banks are venturing into agricultural credit scheme to boost food security and employment. This time, Keystone Bank Limited has boosted the Anchor Borrowers Programme with N350million credit line covering 1700 farmers starting with Taraba and Sokoto states. The…

LCCI, Enterprise Europe Network partner to grow SMEs in Nigeria

The Lagos Chamber of Commerce and Industry (LCCI) will tomorrow at the Commerce House, Ikeja, host a team of Enterprise Europe Network members who are in Nigeria to make presentations on how to grow Small and Medium Enterprises (SMEs) with…

Pump as Air Peace takes delivery of 12th aircraft, unveils Lekki office

Emerging leaders in Nigeria’s aviation industry, Air Peace, has taken delivery of its 12th aircraft, a 114-capacity Boeing 737-500 in Lagos and also opened another service outlet to deepen services in lekki axis of Lagos State. The Chief Operating Officer,…

Transport

Only professionalism’ll drive growth in maritime industry—NIMASA

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that professionalism has a key role to play in the development and growth of the maritime industry in Nigeria. He made this assertion…