(Special Report) Why Dangote should watch his back ahead of 2019 election
Since the coming of the current administration in Nigeria, investigations have shown that Dangote Group has become the conglomerate with the highest volume of private sector investments. This spanned from rice mills and farms, sugarcane fields and mill, cement production…
Develop antifraud template before reactivating Export Expansion Grant—Expert
In view of the latest signal by the Federal Government to reactivate the suspended Export Expansion Grant (EEG) with the sum of N13.28bn so as to stimulate non-oil exports, a development economist, Dr. Ken Igboanugo, has called for a fraud…
How ALTON is leading resolution of RoW, crazy fees in states for Infracos—Awonuga
For several years, since the telecoms regulator, Nigerian Communications Commission (NCC) came up with Open Model Access (OPM) to drive the nation’s march to broadband stardom; it encouraged investors to register special purpose vehicles to be known as Infrastructure Companies…
NIN: Dearth of NIMC centres encourage business centres to extort N500 from Nigerians
A recent select states survey by Business Hilights Intelligence Unit (BHIU) on the ongoing registration to access the apparently compulsory National Identity Number (NIN) from the National Identity Management Commission (NIMC), has revealed epileptic service delivery at the Commission’s designated…
Mutilated lower naira notes, fight for market shares collapse FMCG sales—Survey
Contrary to observations that small businesses are rising to challenge sales trend in the Fast Moving Consumer Goods (FMCG) sector, disrupting offerings of several consumer goods’ firms with relatively cheaper prices, rising abandonment of transactions on grounds of non acceptability…
BUA cement eyes 8mmt, begins testing at Okpella’s 6mmt plant
Indigenous cement giant, BUA Cement has announced resumption of test production at its emerging six million metric tons (6mmt) Obu Cement plant, Okpella in Edo State. The company said the full production regime of the plant will effectively raise its…
Confusion on delivery of Lagos-Ibadan highway as three dates emerge
Contrary to earlier assurance given by the Minister of Transportation, Rotimi Amaechi that the Lagos-Ibadan Expressway will be delivered by year end and the lawmakers’ permutation that works on ground points to end of 2019, the contractor handing the project…
Traffic relief coming as Tin Can Island Truck Park delivery gets December date
Strong indication emerged weekend on the chances of the hellish traffic gridlock on port access roads in Apapa becoming a thing of the past by December this year as all is set for the delivery of Tin Can Island Truck…
NNPC set to announce contractor-financiers for all four refineries, Eni fingered
Strong indication emerged Monday evening that the Ministry of Petroleum through the Nigerian National Petroleum Corporation (NNPC), any moment from now, will announce foreign contractor-financiers for the revival of bellow capacity producing national refineries. Currently, all the national refineries including…
Oil prices on the rise again after Saudi announced December supply cut
Global oil prices rose by about one percent on Monday after top exporter, Saudi Arabia announced a cut in supply for December loadings. This is ahead of fresh plans by OPEC to work towards uniform cut in production quota to…