Two new private refineries coming in Rivers, Delta states this year—NNPC
Two consortia, LRR Group and JALEMBA Group are currently applying finishing touches and documentation ahead of take off of construction activities for their private refineries in both Rivers and Delta states before the end of the year. The two refineries…
Tightening global market pushing oil prices to heights
Due to supplies are gradually being squeezed globally especially in view of happenstances in the United States, oil prices rose on Tuesday and may continue the ride for this week. Brent crude oil was up 40 cents at 52.06 dollars…
8,663 bank workers’ eased out within first half of 2017– NBS
…TUC, NLC silent as casualization deepens in sector More details have emerged on how the Nigerian banking industry performed in terms of staff retention and retrenchment by the National Bureau of Statistics (NBS) during the first half of 2017. In…
Stanbic IBTC opens window for Graduate Trainee Recruitment 2017
Stanbic IBTC Bank; a subsidiary of Stanbic IBTC Holdings, has announced readiness to accept entries into the bank’s Graduate Trainee Recruitment for 2017. Also, Stanbic IBTC Holdings is a member of Standard Bank Group, Africa’s largest banking group ranked by…
Shippers’ Council set to assist AMATO in securing new found space near Lagos ports
The leadership of the Nigerian Shippers’ Council (NSC) has assured the Association of Maritime Truck Owners (AMATO) of assistance in their current quest to secure a new massive space for the development of trucking bay near Tincan and Apapa ports….
Dangote refinery makes bold step to drive local content with Nigerian vendors
Management of the emerging Dangote Refinery in Lekki has keyed into the campaign of the Nigerian Content Development and Monitoring Board (NCDMB) by agreeing to grant first right of refusal to competent Nigerian vendors that would participate in the construction…
Dangote reveals why he is not investing in ICT, telecoms
After years of being economical with words, President of Dangote Group, Alhaji Aliko Dangote has opened up on why he has not really mustered interest in investing in either Nigeria’s or even African telecoms market. Explaining issues on the suggestion…
NCC, MTN, NigComSat, others to discuss cyber threats at ADA 2017
The 2017 edition of the Nigeria ICT Impact Ceo Forum (NIICF) and Africa Digital Awards (ADA), is set for this week. He said that NIICF is the second leg of the annual event specifically designed to bring together Information and…
Forex: CBN’s signals show relevance of BDC as business gone
First of all, no country in the world legalizes the exchange of its currency along the streets, rather in banks through a managed exchange structure driven and monitored by the nation’s central bank. Against this background, there are indications that…
Local investors yet to explore e-commerce business as foreigners grip sector
…traditional market places may disappear in cities next 20 years Preliminary findings from ongoing investigation by the Business Hilights Economic Research Team (BHERT) on the growing trend in e-Commerce outfits in Nigeria have made shocking revelations. One; In the next…
