Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2017

Uganda, GE-led consortium seal deal to build refinery for recoverable 1.7bb oil reserves

After failed process in 2016 with Russia’s RT Global Resources oil group, Ugandan government on Monday revealed it had agreed preliminary terms with a consortium of investors led by General Electric (GE) to build and operate the country’s first oil…

Energy

Meter Nigeria’s daily oil production, Oduah tells NNPC

Vice Chairman, Senate Committee on Women Affairs Senator Stella Oduah, has called for introduction of application that can serve as metering system to enable Nigerians to know the country’s exact daily oil production. According to him, the metering facility would…

The genesis of Ozubulu Massacre: Who Is “Bishop” Nnamdi Ikegwuonu, the main target?

whereas the Anambra State Police Command, on Monday disclosed that some vital arrests have been made and they are revealing useful information to the investigative team, Business Hilights had gathered that the key target, High Chief Aloysius Nnamdi Ikegwuonu (Ebubechukwuzo,…

Emergency Broadcast by Governor of Anambra State, Obiano on Catholic Church Killings

A Special Broadcast by the Governor of Anambra State, His Excellency, Chief Willie Obiano on the St Phillips Catholic Church Killings at Ozubulu on August 7, 2017. Good morning fellow citizens, Ndi Anambra ekenem unu. With a sorrowful heart, I…

Joe Igbokwe tells his Lagos Story, challenges Nnamdi Kanu to trace his publicly

By Joe Igbowke In 1971, after my primary school education, poverty drove me to Lagos to find something to do to help my poor mother and siblings. Civil War devastated my father’s thriving business in Onitsha and we all suffered…

NIMC DG explaining issue during a press conference in Lagos
ICT

NIMC driving NIN awareness to fast track national identity database, harmonisation

The Director-General of the National Identity Management Commission (NIMC), Engineer Aliyu Aziz, has warned that any Nigerian without the National Identification Number (NIN) issued by the commission runs the risk of being regarded as a non-Nigerian citizen. Addressing a world…

NBC Radio Frequency
ICT

Shut down of FM Radio stations looms as many may not meet licence renewal terms

Unless defaulting FM Radio stations effect necessary reconfigurations on their transmitter powers and other technical infractions, the regulator, National Broadcasting Commission (NBC) is set to deny their licence renewal which had been well long overdue. This was made public by…

NCC at ITU
ICT

Fast return on investment to drive NCC’s trajectory at ITU 2017 in Korea

Indications have emerged on the pivot on which the Nigerian Communications Commission’s (NCC) participation will stand as it gives finishing touches to Nigeria’s build up to the International Telecommunications Union (ITU) Telecom World 2017. The yearly global event hosted by…

NCC Dan
ICT

Why Porting speed is fading away, drops to 32,873 in June

Whereas the Nigerian Communications Commission (NCC), weekend revealed that the initial speed with which subscribers embraced Mobile Number Portability (MNP) amongst telecommunications operators has reduced, hitting all time low of 32,873  in June to 39,535 in May, showing a decrease…

Manufacturers’ expenditure on self-generated energy jumps to 220% in 2016

A new report released after studies by the Manufacturers Association of Nigeria (MAN), on expenditures bordering on self-generated energy in the course of production throughout 2016 was N129.95bn, a more than 220 per cent rise when compared with 2015 figures…