Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2017

Coalition of Niger Delta Agitators threatens to resume vandalism over unfulfilled promises

Tension is on the rise in the volatile oil rich Niger Delta region following fresh threats by a coalition of militant groups over what they described as inability of government to fulfill promises in the development of the area and…

At last, General Electric offsets salary arrears of protesting workers’, ready for peace

The leadership of the Lagos Zone of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), on Monday confirmed the payment of salary arrears of protesting workers of the power giant, General Electric (GE). The payment was confirmed…

Transport

No Nigerian airport has the needed traffic for a second runway, says Ojikutu

Just as the Appropriations Committees in the Senate and the House of Representatives have kick started the construction of second runway at the Nnamdi Azikiwe International Airport, Abuja by injecting N15 billion into the 2017 budget, leading Aviation expert and…

Transport

NIMASA, Navy seal coastal security partnership deal in Abuja

The Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Navy have renewed the existing Memorandum of Understanding (MoU) to protect and secure the nation’s maritime domain. This was recently achieved with the official signing ceremony of the MoU…

China lists 10 Action-Plan to fight poverty, grow Nigerian business, others

China’s Deputy Director General of Department on Africa Affairs, in the Ministry of Finance, Ambassador Dai Bing has given hints on emerging new 10 Action-Plan for the development of Africa. Areas where the development assistance will feature include Industrialisation; agriculture…

Industry

Alex Okoh, new DG of BPE pledges to monitor performance of privatised enterprises

New Director-General of Bureau of Public Enterprises (BPE), Alex Okoh, has given assurance to step up post-privatization monitoring activities of all privatized companies to ensure that new owners live up to the agreements they signed. A statement by BPE in…

After Edo, Kano gets set to adopt Lagos waste management modalities

More facts have emerged on why the management of the Kano State Refuse Management and Sanitation Board recently visited the Lagos Waste Management Authority (LAWMA). The aim was to replicate the success story of LAWMA in the northern state of…

Industry

Don’t go on strike, FG begs NAGAFF, ANLCA as they extend ultimatum

Minister of Transportation, Rotimi Amaechi has called on the leading associations of licensed customs agents and freight forwarders to shelve their proposed withdrawal of service from the nation’s seaports and land border due to what they described as irregularities in…