Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2018

Nigeria missing as UN’s emergency fund releases $30m to avert acute hunger in Sahel

Though a total of $1.37 billion is needed to support most vulnerable people in drought-affected areas of West and Central Africa, weekend, Emergency Relief Coordinator of the United Nations, Mark Lowcock released US$30 million from the UN’s Central Emergency Response…

Boeing, Airbus in stiff fight to become preferred partner in Nigeria’s national air carrier

Though there had been no formal deal, indications are emerging on the possible partnership between Nigeria and either Boeing or Airbus in the establishment of new Nigerian Airways more than 30 years after the collapse of former pride of African…

FG not serious in ending classification of Nigerian ports as a high risk zone—Omatseye

Former Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Mr Temisan Omatseye, has revealed that happenstances at Nigerian seaports upon all the crusade on ease of doing business show that cost of doing business is still rising. Speaking…

NCAA, Travel Industry practitioners partner to stamp out fake agents with NTPIC

Barring last minute hitch, a new partnership that will stamp out touts and fraudsters’ in the nation’s travel industry especially at airports will be launched by Vice President Yemi Osinbajo on behalf of the travel industry stakeholders and the Nigerian…

Shell still in Delta State, operating JV, delivering social investments via GMoU—Weli

Contrary to the belief in some quarters that the multinational energy firm, Shell Petroleum Development Company of Nigeria Limited (SPDC), operator of the SPDC Joint Venture, has pulled out of Delta State, the International Oil Company (IOC) is still on…

DPR shuts 19 Skid gas plants over poor safety standards in Ogun

The Department of Petroleum Resources (DPR), Abeokuta Field Office, has shut down 19 Liquefied Petroleum Gas (LPG) and skid plants in Ogun State over their breaches to safety standards and operating without approval. Operation Controller of DPR, Abeokuta Field Office,…

Weak internal democracy, violent conduct of congresses dangerous to 2019—Jega

Considering what he observed as early warning signals, former Chairman of the Independent National Electoral Commission (INEC), Prof. Attahiru Jega, has called on all political parties to revive internal democracy so as to save the country from danger come 2019…

Can nPDP get what they are looking for before 2019 electioneering hots up?

Though the official position of aggrieved members of the new Peoples Democratic party (nPDP), after their first closed-door meeting with Vice-President, Yemi Osinbajo, sounds salutary, there are indications that time may not be on the side of the ongoing negotiations…

National conference on restructuring now unavoidable for Nigeria of today—Babalola

By Aare Afe Babalola, SAN   I congratulate every Nigerian on the occasion of yet another “Democracy” day, a day set aside to celebrate the return to civil rule after decades under military rule. As is customary, there will be…

Leave endless diversionary accusations, tackle endless killings—Atiku tells FG

Frontline 2019 presidential aspirant and former Vice President, Alhaji Atiku Abubakar has advised the Federal Government to move away from the realm of endless diversionary accusation and tackle insecurity and things that divide Nigerians. In a statement he issued in…