Business Hilights

Tracking Nigeria's Headline Business News Online

Year: 2017

Shell seals gas supply deal to industries in PH with Rivers State govt.

As part of the determination of the Rivers State Government in driving steady industrial growth, it has consummated a gas supply Memorandum of Understanding (MoU) for the distribution of gas to industries in the Greater Port Harcourt area and its…

NNPC failed to deny claims of no petrol in our depots by DAPPMA

Contrary to earlier by the Nigerian National Petroleum Corporation (NNPC) that it had started offloading products in depots across the country, oil marketers under the aegis of the Depot and Petroleum Products Marketers Association (DAPPMA), has countered the claims, saying…

Julius Berger bags Nigerian Institute of Building award

Leading construction giant, Julius Berger Plc, has received the Certificate of Merit awarded to the company by the Nigerian Institute of Building (NIOB). The Executive Director, Administration of the company, Alhaji Zubairu Ibrahim Bayi received the Certificate of Merit awarded…

Breaking: Buhari Junior, Yusuf undergoes surgery at well equipped private clinic

‘Change Begins With Me’ failed to play out at the multibillion naira Aso Rock Clinic on Wednesday as Buhari’s elder son, Yusuf Buhari, underwent limb corrective surgery at a distant private Clinic in Abuja (Cadercrest Hospital) after a Bike accident…

Fuel scarcity may continue as long as NNPC remains sole importer—Iheanacho

Imo State-born tank farm owner and refinery developer, Capt. Emmanuel Iheanacho, has opened up, revealing that that the prevailing fuel scarcity may beat all current fire brigade approaches being deploy by the government to remain afloat so far the Nigerian…

Spectranet Ajay Awasthi
ICT

New Spectranet boss, Awasthi, deepening 4G value addition with offers

The new managing director of Spectranet 4G LTE, Mr. Ajay Awasthi, has assured both existing and prospective subscribers of better deals throughout the yuletide and beyond. In an interview on the ongoing extensive offer promo he averred that “We want…

Like Nigeria, Ghana mulls tax amnesty for eight months in 2018

It was not yet clear if Ghana is drawing inspirations from the success rate so far achieved by the Nigeria’s Ministry of Finance via the current tax amnesty scheme that will expire March next year as the Government of Ghana…

ATMs frustrating withdrawals to control cash in circulation—BH Intelligence

Business Hilights Intelligence Unit (BHIU) has bumped on a confidential directive (source with held) to financial institutions to work towards strategic control of all cash access models from banks especially during the yuletide and beyond. The target is to continue…

Lagos ports may go cargoless as Antwerp Port takes over Cotonou port mgt

At a time avaliable statistics is suggesting serious drop in import and export traffic and throughput at Lagos ports of Apapa and Tincan, more stagnation is underway for the embattled facilities that had been under the shackles of bad access…

BUA Group twists narrative, claims Dangote dishing out cooked info on FG’s cover

Advanced media war is still raging between two Nigerian cement giants; Dangote Group and BUA Group over the real ownership of Limestone mine at Obu, Okpella, in Edo State. In a latest release issued by the management of BUA International…