Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2017

Nigerian construction experts, students advised to enter for $2m LafargeHolcim Awards

As entry for the $2m LafargeHolcim Awards for sustainable construction competition closes midnight Tuesday, the management of Lafarge Africa, leading construction solutions providers in Nigeria has encouraged experts in the sector to avail themselves the opportunity to enter. Explaining on…

ECCIMA joins league of groups saying naira gain not yet on sustainable platform

Since the observed appreciation of naira over all foreign currencies following the sustained injection of dollars into the interbank market by the Central Bank of Nigeria (CBN), industry followers had been one in stressing that Nigerians should not be carried…

SCL boss, Udeh calls for better use of AGOA export window to exit recession

The Managing Director of emerging leaders’ in general logistic industry, Simplified Corporate Logistics (SCL), Mr. Nduka Udeh has called on manufacturers and mainly agro-allied dealers to step up activities so as to gain more from the prevailing Africa Growth and…

How synergies, pricing, disciplined cost management drove LafargeHolcim Q4 earnings

The released fourth quarter result of leading global cement solutions conglomerate, LafargeHolcim has shown gross positive performance in all segments of the company’s activities. Whereas cash flow growth improved margins underpin achievement of adjusted operating EBITDA full year target to…

Why oil majors keep mum on presidential relocation order, 2 weeks after

Energy lawyer and Lagos human rights advocate, Barrister Chidi Ugoma has given reason why mere presidential directive may not compel the oil majors to relocate their operational head offices from wherever they are now to any of the Niger Delta…

Rising inter-agency opposition on issues speak volume of government’s direction

Synergy, strategic coordination are supposed to be the best bet for Ministries, Departments and Agencies (MDAs) of government in the drive for good governance and service delivery but emerging occurrences show rancor, lack of harmonization and hate among them. Analysts…

Miners query Minister on whereabouts of W/Bank’s N45bn support for sector in 2016

Angry miners who are protesting the rising cost of licences in the sector have raised questions for the Minister of Solid Minerals, Dr. kayode Fayemi, seeking to know how the N45bn support for mining development in 2016 was disbursed. This…

NAMA gets technological equipment to end harmattan haze, weather hurdles nationwide

The Federal Government has concluded plans to deploy new Instrument Landing Systems (ILS) in at least 11 airports nationwide to tame the dangers of flying during circumstances of harmattan haze and other related weather challenges. The equipment, valued at several…

Bad aviation policies raising mortality rate of airlines in Nigeria—ART

Experts, under the aegis of Aviation Safety Round Table Initiative (ART), has met in Lagos and agreed that government’s policy somersaults’ over time coupled with harsh operating environment are the major causes of collapse of several airlines and related servicing…

NPA’s new image-maker, Nduonofit assumes office, assures stepping up predecessor’s feat

The newly appointed General Manager, Public Affairs of the Nigerian Ports Authority (NPA), Elder Effiong Etim Nduonofit has assumed office effective Thursday, 16th day of March, 2017. He took over from Chief Michael Kayode Ajayi who handed over the mantle…