Business Hilights

Tracking Nigeria's Headline Business News Online

Month: December 2018

Anxiety for Air Peace as NCAA begins probe of cabin depressurization

As serious anxiety is in the air following the announcement by the Nigerian Civil Aviation Authority (NCAA) to begin full investigations on any form of neglected safety checks on the ill-fated Air Peace Lagos to Enugu-bound flight last Friday, December…

MAN insists energy cost still on the high side as FG claims rise in supplies

Whereas latest statistics from the Manufacturers Association of Nigeria (MAN), especially expenditure on alternative energy sources in the sector stood at N43.19 billion H1 2018, the federal Government has continued to claim that power supplies are on the increase nationwide….

Signing AfCFTA means disaster for manufacturing sector, OPS again, warns FG

Contrary to rising pressure on the Federal Government to signing the African Continental Free Trade Agreement (AfCFTA), the Organised Private Sector (OPS), has cautioned the government to hold on pending when local manufacturing index is looking good. The group averred…

PMB remains the best candidate for presidency, debate or not—Ganiyu Johnson

As Nigerian awaits for the live 2019 presidential debate on January 19, 2019, former Special Adviser and Commissioner of Works and Infrastructure, Lagos State, Engineer Ganiyu Johnson has declared that President Muhammadu Buhari (PMB), remains the main man to beat…

Civil societies report PMB to S’East governors, NASS on Igbo suppression

Ahead 2019 presidential election, a high-powered coalition of leading South East civil societies have written an open letter to the South East Governors’ Forum on clear researched issues of annihilation, suppression and marginalization of the region especially on appointments and…

Access Bank to become Africa’s largest, most digital bank on merger—Wigwe

Contrary to trending speculations before now, the Group Managing Director of Access Bank Plc., Mr. Herbert Wigwe has cleared the air, saying both his bank on Monday sealed a Memorandum of Agreement (MoA) with Diamond Bank Plc regarding a potential…

FHA, Amuwo-Odofin Council contest control of Agboju market in FESTAC Town

Confusion capable of leading to total breakdown of law and order is now brewing in Agboju market, the only foodstuff market serving FESTAC Town in Amuwo-Odofin Local Government Area of Lagos State. A group allegedly fronted or backed by the…

NITRA 2018
ICT

NCC mute on none access of N5bn facility by Infracos, says last-mile on course

Ever since the telecoms regulator, the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), sealed an understanding that raised about N5bn meant for Infrastructure Companies (Infracos) with rollout plans to access, no company had applied not to…

Shittu 88
ICT

FG commissions mobile radio frequency tracker, warns illegal users nationwide

Considering the incessant cases of frequency jams due to rising illegal use of frequency across the country and mainly in city business districts, the federal Government has commissioned Mobile Radio Frequency Monitoring Equipment in Abuja. Explaining the aims and objectives…

How NIMASA, Amaechi frustrated shippers’ access to CVFF in 2018

Contrary to the whole noise made by the Minister of Transportation, Mr. Rotimi Amaechi and the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Mr. Dakuku Peterside on growing Blue Economy and deepening participation of indigenous shippers in…