Business Hilights

Tracking Nigeria's Headline Business News Online

Month: November 2018

Africa must plan mitigation measures on potential risk elements of BRI—NIMASA

The Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has said that the Chinese Belt and Road Initiative (BRI), also known as the Silk Road Economic Belt and the 21st-century Maritime Silk Road, may pose…

OBJ’s son, Olujonwon joins PMB’s campaign team as father teams up with Atiku

President Muhammadu Buhari receiving Olujonwon Obasanjo, son of former President, Chief Olusegun Obasanjo, at the State House, Abuja. Mr. Olujonwon Obasanjo had declared to join forces with PMB’s campaign team, but pundits say he was in the team not to…

2019: Questions surge over sudden appearance of Buhari’s WAEC attestation certificate

…As PDP queries authenticity of attestation without WAEC Exam number Since Friday’s visit to the presidency by Dr. Iyi Uwadiae, Registrar of West African Examinations Council (WAEC) and handing over of what he called attestation or duplicate copy of President…

True position of federal, states debts profiles between former, present govts

By Emmanuel Olorunmagba The Vice President was right when he stated that Nigerian Debt profile as of today stands at $73 Billion, inheriting $63 Billion from previous administration and partly right when he said they borrowed only $10 Billion in…

Rampant collapse of MFBs, access to finance killing MSMEs in Nigeria—Omoregie

Rising from a one-day roundtable discussion powered by the leadership of Young CEO Initiative and other young entrepreneurs in Nigeria held in Lagos, participants have decried the incessant collapse of Micro Finance Banks (MFBs) in Nigeria and the observed hostile…

Prepaid meters 77
ICT

Internet of Things to drive production of smart metering in Africa—Gemalto

The potential of the Internet of Things (IOT) to make consumers’ lives more convenient in the use of energy is gaining traction especially in delivering immediate benefits and changing how household or company in Africa manages and keeps track of…

Official bureaucracy may push Ogoni cleanup to next year—Right activist

Contrary to the pronouncement of the Minister of Environment, Ibrahim Jibril, that the incessantly postponed cleanup of polluted Ogoniland will commence this month, the Head of Research at Africa Environmental & Economic Peace Mission (AEEPM), Dr. Gilbert Muoka, has said…

Nigerian workers’ prefer overseas training due to estacode, foreign shopping—Afe

The Chairman, Oil and Gas Trainers Association of Nigeria (OGTAN) and managing director, Danvic Petroleum, Dr. Mayowa Afe, has opened up on why majority of technical workers in Nigerian industries prefer undergoing routine trainings overseas. In an interview, he explained…

NIMASA begins strict compliance to 0.5% sulphur limit on ships calling Nigeria

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside has made it clear that the Agency will enforce strict compliance to the International Maritime Organisation regulation which puts a maximum of 0.5% sulphur cap…

Euro V specification integrated Dangote refinery’ll save Nigeria from dirty fuels

Chances of Nigerian motorists driving on clean fuels are now brighter as the 650,000bpd Dangote Oil Refinery Company (DORC) has been designed to process a variety of light and medium grades of crude and produce extremely clean fuels that meet…