Business Hilights

Tracking Nigeria's Headline Business News Online

Day: October 10, 2018

Key to Africa’s economic growth, strength remains regional market—Dangote

African leading industrial giant, Aliko Dangote has averred that the key to Africa’s economic growth and strength is in the development of the regional market, saying “Regional markets in Africa must work.” The industrialist, who called for conscious efforts at…

Yemi Google Silicon Valley
ICT

ICT top brands, Apple, Google, Amazon lead other sectors with $470b worth

The 2018 Best Global Brands Report, released recently by Interbrand Group has named three global ICT firms, Apple, Google and Amazon with a total value of $470 billion, as the three top brands in the world. However, the 19th edition…

VC4
ICT

Nigerian firms lead others in upcoming 2018 VC4A Venture Showcase in SA

Two Nigerian companies, Fibre Lifestyle Inc and Piggybank are set to lead six others from South Africa, Egypt and Ghana as VC4A gets set for the 2018 VC4A Venture Showcase – Series A. The organizers say these companies represent a…

Ghana begins export of electricity to ECOWAS, cuts domestic, industrial tariffs

President Nana Addo Dankwa Akufo-Addo of Ghana, has disclosed to the international community how reforms in his power sector have revived the sector leading to the resumption electricity exports to neighbouring countries, massive drop in tariffs paid by domestic and…

Shell, Bayelsa host communities still at loggerheads on figures in spill report

Several months after, feelings of shoddy statistics by locals are still frustrating the adoption of spill pollution report on the spilling of about 1,114 barrels of crude oil leakage from an oilfield operated by Shell Petroleum Development Company (SPDC) at…

Halfway into Ambode’s 3-year Bus Reform Initiative, Danfo still on the rescue

Lagos State Governor’s three-year Bus Reform Initiative aimed at giving Lagosians an integrated public transportation system which kicked off from March last year with a sinking fund of N30billion is yet to begin removal of Danfo buses as promised by…

‘Ghanaian iron, steel sector growing faster than Nigeria’s solid minerals industry’

Strong indications have emerged showing that the volume of growth so far recorded in Ghanaian iron and steel sector has surpassed activities in the Nigerian solid minerals sector. Whereas the government is currently motionless in reviving the Ajaokuta Steel Complex,…

20 Presidential candidates and INEC’s 2019 elections calendar at a glance

As part of efforts to beat the last minute deadline set by the Independent National Electoral Commission (INEC), all parties wishing to present presidential candidates for the 2019 elections have completed their primaries without any case of parallel primaries.  …

Crossfire of claims between APC and Atiku Campaign group

Shortly after the confirmation of former Vice President, Atiku Abubakar as the Peoples Democratic Party’s (PDP) flag bearer in 2019 presidential election, the Acting National Publicity Secretary of All progressive Congress (APC), Yekini Nabena wrote as follows: APC congratulates Atiku…