Nigeria highest exporter of Sesame Seed to Japan, rakes in N13.03bn in 2016
Statistics from the Japan External Trade Organisation (JETRO) released by the deputy commissioner, Chiharu Yamamura has disclosed that that in 2016, Japan imported 54,276 metric tonnes of Sesame seed valued at ¥6.329m (Japanese Yen) from Nigeria, meaning that Nigeria is…
NPA deepens CSR in Lagos, assures LSSTF management of support
More public and private entities doing business in Lagos State have keyed into to the promotion of the activities of Lagos State Security Trust Fund (LSSTF) to raise deliveries of the trust fund in keeping Lagos safe for all. Latest…
‘Adeosun’s doublespeak on FG’s borrowing plan, danger to economy, investors’
The confusion started Tuesday this week when during a conference, the vocal Minister of Finance, Mrs. Kemi Adeosun said the federal government has foregone all pending borrowing plans to stick to internally generated revenue (IGR) and oil sales against the…
Kachukwu opens up, agrees falling oil price’ll hit 2017 budget bad
Minister of State for Petroleum Resources, Dr. Ibe Kachikwu on Thursday in Abuja, agreed that the combined forces of emerging crash in crude oil price to about $42.5 per barrel and the likelihood of Nigeria being forced to join other…
Etisalat Nigeria’s new name, 9Mobile may have come from ‘9ja4life’
New website up before end of business today With the effective change of brand name from Etisalat Nigeria to 9Mobile, after a crucial management meeting in Lagos, on Thursday, a new website which its construction started yesterday may be up…
Telecoms items may be the first to be delisted from 41 items on CBN’s forex ban
Barring any last minute change of plans, strong indication emerged on Thursday that the Central Bank of Nigeria (CBN) is considering delisting all telecoms items which fall under plants and machinery in the 41 items barred from flexible forex access…
Signs emerge that MMIA’ll be certified July 21 by ICAO
Barring any last minute hitch, the Murtala Muhammed International Airport (MMIA), Lagos would be certified on July 21 by the International Civil Aviation Organisation (ICAO), Western and Central Africa Region under its implementation of the Africa-Indian Ocean Plan Aerodrome Certification…
Recent rains frustrating target speed of work on Lagos-Badagry Expressway—CCECC
More negative impacts of recent heavy rains that submerged parts of Lagos communities and flooded several highbrow major roads in the state have emerged. On Thursday, the contractors handling Lagos-Badagry Expressway and the Lagos Light Rail projects, Chinese Civil Engineering…
Seplat, other indigenous oil players spend over $10.4bn acquiring divested assets
Leading drivers of Nigeria’s local content in oil and gas industry have given testimonies showing how their smartness in acquiring majority of divested infrastructures and assets by International Oil Companies (IOCs) lifted their enterprises. Business Hilights recalls that since a…
NITDA opens up on diverted Microsoft’s $30bn data centre investment to S/Africa
The Director General of the National Information Technology Development Agency (NITDA), Dr Isa Ali Pantami has for the first time, made reference to the sad news of the diversion of Microsoft Data Centre investment worth $30bn from Nigeria to South…
