Lack of investments hampering Nigeria’s quest for digitilised power system
Technical participants at a recently concluded energy management solutions for transmission and distribution customers, have submitted that due to lack of strategic investments in the sub sector over the years, it will take the economy more time to get there….
PENGASSAN flays dismissal of local staff of Exxon Mobil in place of expatriates
Incessant sack of Nigerians by International Oil Companies (IOCs) in place of expatriates which voids the spirit of Nigerian Local Content Law seems to be getting out of hand when the recent action by Exxon Mobil in the South South…
Militancy set to end as Senate passes law to establish Maritime Varsity in N/Delta
There are signals that this present government has started permanent resolution of issues raised by rampaging militants in the oil rich Niger Delta. It was observed that since the last peace meeting with the federal government where the demands of…
Inability to service BASA deals sealed by Nigeria, 88 others driving capital flights, job loss
Investigations by Business Hilights Aviation team have revealed that Nigeria had signed Bilateral Air service Agreements (BASA) with about 88 countries across the world, but has failed to effectively reciprocate the agreements. The development has resulted in massive capital flight…
Now, Lagos-Kano Standard Gauge rail line to link Lagos Ports for easy access—Amaechi
The Minister of Transportation Rt. Hon. Chibuike Rotimi Ameachi has revealed that the emerging second segment of the Lagos – Kano Standard Gauge Rail System has been redesigned to connect the Lagos Port Complex directly. Explaining issues at the one-day…
Ease of doing business getting better in maritime sector, NIMASA DG claims in Houston
The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has said that the Ease of Doing Business Initiative programme, coordinated by Vice President Yemi Osinbajo is yielding fruits particularly in the maritime sector as…
ASPMDA assures quality auto parts, decries Customs delays in clearing goods at ports
The leadership of Auto Spare Parts & Machinery Dealers Association (ASPMDA), Lagos International Trade fair complex, has assured the Nigerian motoring public that all products sold at the market come SONCAP, the mark of quality provided by the Standard Organisation…
FG, eminent Nigerians beg TB Joshua not to kill tourism by relocating Synagogue church to Israel
The federal government and prominent Nigerians have finally joined millions of Nigerians and other African nationals to beg the founder of Synagogue Church of All Nations (SCOAN), Senior Prophet Temitope Balogun Joshua not to leave Nigeria for any other country…
Zenith Bank leads other 7 in continued SMEs forex window after sack of 16 violators
For keeping to the laid down due process in the administration of Small and Medium Scale Enterprises (SMEs) window of the foreign exchange market access, the Central Bank of Nigeria (CBN) has named Zenith Bank and seven others as only…
FG makes U-Turn, plans review of CBN’s restriction on 41 items
Indications are beginning to emerge over the possible resumption of business traffic at Nigerian ports if the federal government put paid to its recent pronouncement to review the forex ban placed on 41 items for several months now. Findings have…
