Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2018

Atiku’s terse speech at Silverbird’s Award raises issues of national importance

Silverbird’s 2017 Man of the Year award winners, former Vice President and Turakin Adamawa, Alhaji Atiku-Abubakar, gave a soul touching brief while receiving his honours award weekend, saying when realities on ground are put on the table of reasoning, “it…

Dangote Cement increases scholarship slots for Ogun State host community, Ibeshe

Leading African cement merchant, Dangote Cement Plc, Ibese Plant, has announced a multi-million naira educational scholarship award for 115 students from its 15 host communities for the 2017/2018 academic session. In a statement, the company said the scholarship had become…

Activities at Nigerian Stock Exchange on Monday, February 26, 2018

EQUITIES The equities market started the week on a positive note, with the ASI appreciating marginally by 0.02% to 42,579.48 points. Accordingly, the Month-to-Date and Year-to-Date returns improved to -3.98% and 11.34% respectively. The Consumer Goods (+0.78%), Insurance (+0.49%), and…

Dangote proffers solution to herdsmen crisis, plans vapoured milk plant

In keeping with his star quest for life changing investments and to drive possible end to incessant farmers’/herdsmen clashes, Dangote Group has signaled readiness to  establish vapoured milk plant as part of measures to deepen economic diversification. Vapoured milk is…

Osinbajo to declare open, Nigeria Manufacturing and Equipment Expo2018 in Abuja

Plans are currently receiving finishing touches ahead of the Nigeria Manufacturing and Equipment (NME) Expo 2018 billed for Abuja in few weeks time. According to arrangements, there are also 100 CEO’s of leading manufacturing companies attending the co-located CEO Forum…

Yobe blames military’s withdrawal for kidnap of 110 Dapchi Girls

Though the federal government is not yet ready to trade blames on why the kidnap of Dapchi Government Science and Technical College girls in Yobe State was not resisted, the Governor of Yobe State, Ibrahim Gaidem has officially traced the…

Like parent firm, AshakaCem begins N11bn power plant to drive production

Ashaka Cement Plc, a subsidiary of Lafarge Africa and a member of the LafargeHolcim Group, has commenced the construction of a 16-megawatts power plant that is expected to be completed by 2019. It would be recalled that Lafarge Africa had…

GE, NYSC begin partnership to drill Corp Members’ in entrepreneurial skills

General Electric (GE), world’s premier Digital Industrial, Power and Rail services group, has announced a partnership with the National Youth Service Corps (NYSC) to empower Youth Corps members with valuable entrepreneurial skills in line with its commitment to skills development…

Can chase for foreign investors yield when policies in oil sector remain short-lived?

Globally, investors move their hard earned funds to domains where industry policies came and stay for long without summersault or changes that may destabilize investment calculations. Though the Nigerian International Petroleum Summit (NIPS) has come and gone, the way and…

FG frustrating concession of Onitsha Port as Olu seeks Warri, Koko dredging

More than three years on in the life of the current administration, the federal government had maintained silence in one of its electioneering campaign promises in the South East which is putting the rehabilitated Onitsha River Port into use by…