No airline is currently gaining from Nigerian bilateral deals—Senator Okon
Pioneer spokesman of Peoples Democratic Party (PDP) and former Vice-Chairman of Arik Air, Senator Anietie Okon has revealed that currently no Nigerian airline is benefitting properly from the bilateral agreement Nigeria signed with other countries. In an interview, he decried…
To grow Nigerian fruits market, ban imports of Apple, others—Farmer
A Nigerian Apple farmer in Jos, Plateau State has called on the federal government to place ban on foreign fruits including Apple, guava, blackberry and grapes. In an interview in Jos, the small scale farmer who pleaded anonymity said “The…
Atiku, Utomi, others for Chiejina’s Pension book launch Tuesday
Logistics are now in place at the Nigerian Institute of International Affairs (NIIA) in Lagos for next week’s Tuesday launch of a new book, titled ‘Pensions in Nigeria’. The book, written by former Director General of the Nigerian Insurers Association…
Oil shuts to $59 on squeezing US market, M’East disruptions
Global oil prices jumped on Wednesday, traced to a momentary fall in US crude inventories and concerns that tensions in the Middle East could disrupt supplies. Already, Brent crude futures, the international benchmark for oil prices, were at 58.27 dollars…
Nationwide darkness underway as generation drops to 1,360mw
There are fears that level of power supply across the country are on the decline following record of lowest generation of 1,360 megawatts (mw) on October 15, 2017. A daily generation report from the Transmission Company of Nigeria (TCN) has…
Expatriates working with us’ll leave in 3 years—- Ohuabunwa, GDT boss
Group Managing Director (GMD) of the digital technology firm and set-top boxes (STBs) manufacturing plant, Gospell Digital Technology (GDT), Sir Godfrey Ohuabunwa has disclosed that said that expatriates working in the company has only two to three years to transfer…
London refurbished phones spoiling markets for Note 8, others
Market research conducted by Business Hilights Intelligence Unit barely two months after several new high caliber android phones were launched into the Nigerian market has shown that over 80 per cent of Nigerians ready to buy new android powered phones…
Additional borrowing in Nigeria not sustainable—W’Bank tells Adeosun
Based on the observed drying trends of Nigerian government revenues and volatility in oil prices, the World Bank has disagreed with the Minister of Finance, Mrs. Kemi Adeosun, saying Nigeria’s debt was no longer sustainable. Giving the insights through its…
Dubai Global Business Forum skips Buhari, invites 5 Heads of State
The 4th Global Business Forum on Africa (GBFA), is set to host five African heads of state, 12 ministers, and more than 1,000 top-level government and corporate decision-makers and industry experts beginning from November 1st and 2nd, 2017, in Dubai….
Until consumers’ regain purchasing power, recession remains an issue—Guinness
Though Nigeria may have officially exited recession, the Managing Director and Chief Executive Officer of Guinness Nigeria Plc, Peter Ndegwa, has argued that “To consolidate on this, the country needs more quarters of positive GDP growth until consumers regain their…
