Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2017

Confusion over status of Ogoniland cleanup as Minister, community differ

… Amnesty International aligns with community, says work yet to start Contrary to a recent claim by the Minister of Environment, Ibrahim Usman Jibrin, that the Federal Government has not dumped the cleanup of polluted Ogoniland and work is seriously…

10 months after caution, Discos still charge communities, streets for faults repairs

Findings by Business Hilights across the federation and Lagos State in particular show that communities and mainly streets are still surreptitiously pressured by Power Distribution Companies (Discos) to contribute fund for repairs of installations and changing of collapsed eclectic poles…

Dangote’s $300m Cement plant in Congo, begins operations this month

Leading African quintessential indigenous investor, Aliko Dangote has put paid to his drive to end cement importation across the continent as all is set for commencement production at his $300 million cement grinding plant in Congo within days. Business Hilights…

ActionAid, others deepen calls for review of power sector concessions

In line with observed failures in the performance of every department in the Nigerian power sector operations especially generation and distributions, ActionAid, an international development organisation working in Nigeria and 44 other countries, has called for review of the agreements….

Confusion in Tinubu’s TVC as trade unions allege lack of due process in sack of 145

Combined ferocious forces of the Nigeria Union of Journalists (NUJ) and the Radio, Television, Theatre and Art Workers Union of Nigeria (RATTAWUN) have said they have studied the scenario surrounding the Friday sack of 145 workers by owners of TV…

FG, 36 states in need of N3bn to fight army worm infestation, silent on moribund Silos

The federal government has begun a joint tailored to end the ongoing invasion of army worm in several farms across the states. The worm known attacking maize, seems to have extended its destruction to other crops including cocoa, sorghum, tomato,…

Dangote speeds up delivery of 2 more cement plants in Edo, Ogun States

As part of his desire to create new jobs and deepen backward integration in cement production, Dangote Group has begun preliminary activities in the building of new cement plants in two Nigerian communities of Okpella, Edo state and Itori, Ogun…

NPA unveils RIMS to step up IGR, block leakages, raise port operations

As part of new drive to improve both revenue generation and Ports operations using real time modern methods and techniques, the leadership of Nigerian Ports Authority (NPA) has launched Revenue and Invoice Management System (RIMS). Speaking, at the Go-live and…

Transport

Military hails NPA for ease in clearing imported 25 Armoured vehicles

The Minister of Defence, Gen. Mansur Dan-Ali (Rtd.) has hailed the impacts of shipping reforms so far introduced by the leadership of the managing director of Nigerian Ports Authority (NPA) under Hadiza Bala Usman. The Army Chief made the commendation…

Experts blame Russia over India’s ability to develop Aircraft carriers, Military might

There is growing disquiet amongst leading world powers following leakages of critical military wares to developing nations especially from old Russia to India. Otherwise, the collapse of the Soviet Union in 1991 scattered its military hardware among twelve newly independent…