Why 13 creditor banks suddenly seized fire on 9mobile, formally Etisalat
Two weeks of undercover investigations by Business Hilights Economic Research Team (BHERT) on why the rush and aggression deployed by the consortium of 13 banks fighting for their trapped $1.2bn at Etisalat Nigeria, now 9Mobile suddenly eased has paid off….
Union Bank introduces new digital solutions to rake in 80m unbanked Nigerians
Leading first generation banking institution, Union Bank has drawn up plans to soak up over 80 million unbanked customers (about 47 per cent of Nigeria’s population), with unveiled innovative banking solutions. Top in the array of the solutions include cardless…
Revealed: FG has no accurate data on fuel consumption in Nigeria
Indication has emerged that contrary to claims of yesteryears by government agencies that Nigeria consumes certain number of Premium Motor Spirit (PMS), otherwise known as petrol either on a daily basis or yearly has been mere speculation. The scenario has…
Maritime stakeholders want Peterside to face NIMASA, leave Rivers politics alone
In view of the observed random involvement especially in regularly challenging the Governor of Rivers State on policy issues while still serving as the Director General of a critical agency of the federal government, stakeholders have advised the Director General…
Lagos begins reconstruction of new 10 lane Airport Road next month – Ambode
Barley one month after the Acting President, Yemi Osinbajo ceded to the age long request of the Lagos State Government to lift the face of Muritala Mohammed International Airport access road linking Oshodi, Governor Akinwunmi Ambode on Wednesday revealed that…
Why we are building world largest single line refinery in Lekki—Dangote
African lead investor and industrialist, Alhaji Aliko Dangote has given fresh insights on his mission in in the development of Dangote refinery in Lekki Free Trade Zone, Lagos. In his welcome address, during a recent tour of his refinery by…
Cargo Defence Fund’ll assist Nigerian shippers recover brokerage losses—NSC
Cargo Defence Fund (CDF), a strategic window of assistance created by the Nigerian Shippers Council (NSC), is being revived to offer technical support to shippers who have run into losses due to poor handling of damages and brokerage logistics. The…
‘Registering yam farmers after resumption of export means planning to fail’
An expert in export processing in Lagos, Dr. Usman Dahiru has queried the meaning of building a data base for yam processors one month after the resumption of export, saying the government failed to do the needful ahead of time…
FG deepens rice backward integration scheme, flags of N10b mill in Kebbi
The coast is getting wider and clearer for the consolidation of Kebbi State as leading rice producing state in Nigeria as the Acting President, Prof Yemi Osinbajo has commissioned N10billion rice mill in Kebbi State, regarded as the largest in…
Fresh reason emerges for special financial status for Lagos, but…
…As it rakes in 55% VAT for FG Apart from hosting 992 out of 994 that paid well over N10mn company tax throughout last year, Lagos has again scored first by generating 55 per cent in Value Added Tax (VAT)…
