Business Hilights

Tracking Nigeria's Headline Business News Online

Year: 2017

Shell/Bio-Bean: Nigeria’s yearly 275m cups of coffee can power buses— Arthur Kay

An indication has emerged that the Royal Dutch Shell will convince its partner, Bio-Bean in coming to Nigeria to develop the latest Coffee Waste Ground Biofuel Energy currently used in powering public buses in London as part of drive to…

Just in: Know Ahmed Abdulrahman; Buhari’s emerging EFCC boss

After months of stiff opposition by the Nigerian Senate on the confirmation of Mr. Ibrahim Magu as the substantive chairman of Economic and Financial Crimes Commission (EFCC), indications emerged Tuesday evening showing that all is set for the unveiling of…

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ICT

Out of 34,000 websites in Nigeria, less than 1,000 hosted in country—HUB 8 Report

Latest report released by an indigenous web-hosting company, HUB8, has revealed that the economy is on a losing stretch as far as the digital economy is concerned as well over 72 per cent of websites operated in Nigeria are hosted…

Khalil CEO of OyaOya
ICT

Africa’s first online commodities trading platform, OyaOya.com lands in Nigeria

Pilot platform of new commodity trading marketplace, OyaOya (www.oyaoya.com), has berthed in Nigeria to deepen the nation’s rising e-Commerce commodity ecosystem across the nation and Africa. The OyaOya platform rides on cutting-edge technology to connect four essential components together in…

Did FG deceive Nigerians on N500bn SWS palliative for N145 fuel hike?

More than one year after, Nigerians seem to have forgotten the child-calming pill used to buy their healthy conscience in agreeing with the federal government to hike fuel price from N86.50 to N145 in May 2016. The pill was a…

Day/night loading of fuel ongoing at all depots nationwide after meeting with VP

…40 mega vessels berth with products, more on high sea After a meeting with the major oil marketers on Christmas morning, the Vice President has tweeted, saying “Within the next few days, we expect the fuel queues to be eliminated….

SESOP lights a candle for values in Igboland

By Chido Nwakanma A significant initiative berthed in Enugu December 19, 2017, without much fuss.  A group of professionals from the South East states came together to commence a long journey towards defining and enthroning better values and orientation as…

Power to stabilize as TCN clears abandoned 454 parts containers at seaports

After years of endless controversies, the Transmission Company of Nigeria (TCN) has announced clearance and delivery of 454 power equipment containers that were abandoned by contractors at various seaports across the country. Business Hilights gathered that the containers had been…

SON wakes from slumber, reminds manufacturers of N1m fine for fake products

The Standards Organisation of Nigeria (SON), weekend reminded manufacturers and importers of the prevailing provision of the SON Act which says that manufacture or sale of substandard products remains an offence punishable with fine of N1m. The Director-General, SON, Mr….

Fuel scarcity soars inter-state transport fares beyond reach—BH Intelligence

Random checks by Business Hilights Intelligence Unit (BHIU) in parts of Lagos, Abuja and Kano on the Luxury and other bus transport fare plying inter-state routes have shown neck-cutting hike in fares. Most hit are travelers facing eastern parts of…