Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2017

FG approves fresh refineries revival model targeting 90% efficiency in 24 months

As the 2017 Nigeria Oil and Gas Conference and Exhibition (NOG) ends today, the Federal Government has unveiled a new commercial model that may not be far from guided privatization by bringing in investors who can partner with government to…

Nigeria ripe for annual $10b investment in oil & gas sector—FG

Considering ongoing reforms in the nation’s oil and gas sector in the last two years, the Federal Government has revealed that the sector is now ready to attract on a yearly basis, a whooping $10 billion investment. The Minister of…

Over 20 years after, fresh toxic waste lands in Koko, Delta State

Apprehension is now raging at a sleepy town of Koko, Itsekiri section of Delta State following the discovery of another toxic waste dump in the community. Similar occurrence had taken place during the early 90s which sparked off serious international…

Commuters groan, desert BRT/LAGBUS as fare hike began Wednesday

There were apparent drop in the number of commuters waiting for Bus Rapid Transit (BRT), LAGBUS and franchise buses across several terminals in parts of Lagos as new fares regime begins. Franchise owners, the Lagos Metropolitan Area Transport Authority (LAMATA)…

Confusion as Ambode reverses, denies plan to ban Danfo buses in Lagos

After making a suggestive reference that tend to mean that he will remove Yellow buses on Lagos roads towards the end of the year when his yet to be unveiled transport policy will commence, the acting Commissioner for Transport, Lanrewaju…

Lagos on its own, FG won’t ban okada, tricycles –Minister

At a time the Lagos State Government has concluded plans to industrially crush and recycle over 4,000 motorcycles and some tricycles in confirmation of the prevailing ban on select routes and axis in the state, the Federal Government has doused…