Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2017

Exercise regularly to remain fit for service delivery, NPA boss advises staff

The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has made a passionate appeal to all staff of the agency to take seriously issues of body exercise during their leisure as well as eat foods that will boost…

Usman assures NPA pensioners’ of early resolution of benefits—Binitie reveals

Following a brief protest match carried out Wednesday by some pensioners of Nigerian Ports Authority (NPA) over non-payment of their benefits at the NPA Headquarters in Marina, Lagos, the reformist Managing Director, Hadiza Bala Usman has assured the retirees of…

Angola may takeover Africa’s number 1 position, new OPEC data shows

Anxiety is building up following the latest data released by the Organisation of Petroleum Exporting Countries (OPEC) showing drop in Nigeria’s oil exports contrary to earlier reports by the Ministry. OPEC, in its Monthly Oil Market Report for March 2017,…

All for power stability as Schneider Electric unveils retail products in Nigeria

Major power producing group, Schneider Electric has launched a new line of retail products in Nigeria. The development is in a bid to keep its promise of constantly meeting the energy needs of its customers in the country. In a…

Transcorp Power mulls 25% electricity need, commissions $28.3m gas turbine

Leading blue chip, Transcorp Plc, has revealed fresh plans to generate up to 25 per cent of its total power capacity before the end of the 2018 as it inaugurates new $28.3m gas turbine. Transcorp Power Limited is a subsidiary…

Energy

Total Nigeria Plc drills school children on Road Safety behaviour

Leading oil multinational, Total Nigeria has deepened its corporate social responsibility strategy, by way of rolling out initiatives to educate African school children about road safety rules for several years. The Road Safety Cubes Campaign is one of such initiatives…

Why FG cut fertiliser price by half for farmers

To deepen food productivity even in the face of recession, President Muhammadu Buhari has approved the payment of the outstanding N22bn meant for dealers of agricultural inputs, popularly known as agro-dealers, in order to ensure the seamless distribution of fertilizers….

ADVAN sees digital economy becoming global economic driver in less than 2 decades

Rising from its recently concluded Advertising Association of Nigeria; 2017 ADVAN Industry Dialogue in Lagos, the members have disclosed that digital economy will create jobs valued at nearly $100trillion by 2025. While decrying that about $40billion is lost to digital…

Court remands Yakubu, former NNPC boss in Kuje Prisons till next adjourned date

A Federal High Court in Abuja, Thursday ordered the remand of Mr. Andrew Yakubu, former Group Managing Director, Nigerian National Petroleum Corporation (NNPC), in Kuje Prison, and fixed March 21 for ruling on the bail application. He had been arraigned…

NPA deepening ports master plan for greater efficiency, service delivery—Usman

The Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman has promised to work assiduously towards ensuring that the Nation’s Ports Master Plan is put into effective use and to serve as a reference point in all matters…