Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2017

Why no Nigerian airport has passed ICAO audit test, risen to top 10 in Africa

Even as the government has apparently concluded plans to concession top four thriving Nigerian airports including Lagos, Abuja, Kano and Port Harcourt, one of the reasons that will frustrate the interest of credible foreign investors remains the inability of any…

Transport

Hadiza Bala Usman tours Apapa port at night to monitor 24 hours operations

Managing Director of the Nigerian Ports Authority (NPA) Hadiza Bala Usman has blazed the trail in a commando-styled supervision as she toured Apapa ports from Saturday midnight till Sunday morning as part of drive to ensure clear implementation of the…

Nigeria in dire need of Maritime transport Policy to complement sector growth—NIMASA

The need for Nigeria to quickly develop a Maritime Transport policy that will complement the existing National Transport Policy (NTP) and advance the country’s global maritime trade has been canvassed by the Director General of the Nigerian Maritime Administration and…

Oil community decries scarcity of amenities amidst plenty, accuses SPDC of neglect

Leading oil producing community in Yenagoa Local Government Area of Bayelsa, the Akenfa community has decried lack of social amenities in their area. According to them, Shell Petroleum Development Company (SPDC) had yet to embark on any community development project…

NUPENG gives FG ultimatum to fix listed roads or face withdrawal of services

Considering the rising volume of losses suffered by members of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), the group has called on the Federal Government to urgently fix a number of strategic roads as soon as possible…

Environmental peace underway as global carbon emissions ebbs for third year running

Indications have emerged that efforts of several countries signatory to Climate Change protocol are yielding results as latest annual Statistical Review of World Energy, released by BP, multinational oil and Gas Company, has shown that global carbon emissions remained flat…

NBS would have rebased Nigerian economy this year but for lack of allocation—Kale

Statistician General of the Federation and head of the National Bureau of Statistics (NBS), Dr. Yemi Kale has hinted that the agency would have rebased the economy as it did in April 2014, but for paucity of allocation for the…

ICT

Last week to decide Etisalat’s destiny on $1.2b debts owed banks begins today

Feelers form some of the major banks owed by the telecoms group; Etisalat on Sunday revealed that this week remains the period for final decision on the troubled $1.2 billion syndicated loan crisis rocking the firm with about 13 Nigerian…

ICT

Ethiopia won’t import a single STB for DSO—Gebru, DDG, EBA

Contrary to how Nigeria completely imported the first batch of 850,000 Set Top Boxes (STBs), the Ethiopian Broadcasting Authority (EBA) has said that “Not a single STB will be imported throughout the process of transiting from analogue to digital terrestrial…

NBC DSO Sheraton
ICT

NBC can licence the third signal distributor if the need arises—Digiteam boss, Amana

The chairman of Nigeria DigiTeam, Engineer Edward Idirs Amana has revealed that Nigerian Digital Switch over (DSO) transmission networks are currently in the hands of two indigenous companies including ITS and Pinnacle Communication Limited. But in an exclusive interview with…