Business Hilights

Tracking Nigeria's Headline Business News Online

Year: 2019

N37bn NASS renovation: Show Nigerians quantity surveying papers—Surveyor

Apart from discordant voices rising against the National Assembly humongous approval of N37bn in 2020 budget of the FCT for the renovation of the complex, professional bodies and experts have joined in the rejection. In a telephone interview on Monday,…

NCC Danbatta U
ICT

Business Hilights review of key regulatory feats by NCC in 2019 (Part 1)

Amongst Federal Government agencies in Nigeria and with special regards to digital economy which is central to emerging knowledge transition, lead regulatory body, the Nigerian Communications Commission (NCC) under the leadership of Prof. Umar Garba Danbatta, has covered several mileages…

Just in: Dangote to enjoy N72.9bn tax rebate on delivery of Apapa-Oshodi highway

Clearer view on what Dangote Industries Limited will enjoy for cashing on the Federal Government’s new road infrastructure development initiative between the government and interested private sector participants. On the emerging delivery of the 35-kilometer Apapa-Oshodi-Oworonsoki-Ojota highway currently under construction…

Location of Brass Island ideal for oil & gas investors—FG

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, has revealed that the natural location of Brass Island in Bayelsa State remains the best in comparative advantage for investors in oil and gas in the country….

NPA begins payment of disengaged dockworkers benefits

The Management of the Nigerian Ports Authority (NPA) this week commenced the payment of benefits for disengaged 2015 Dockworkers. The fulfilment of the payment is coming under the aegis of Tally Clerks and Onboard Security Men at the Authority’s Ultra-Modern…

(Special Report): Why Dangote Cement ambushed Lafarge’s Michel Puchercos

Whereas a report from the Nigerian Stock Exchange (NSE) last week revealed that all is set for ageless cement technocrat, the Group Managing Director/CEO of Dangote Cement Plc, Engr. Joseph Makoju will retire as GMD/CEO effective January 31, 2020, facts…

Nigerian economy ends year with more exports than imports for the first time

Available international trading statistics have revealed that unlike previous years, the Nigerian economy is ending 2019 business year on a positive trade balance. Otherwise, relative to the corresponding period of the previous year, Nigeria’s trade surplus position improved markedly by…

5G and others
ICT

As 2019 ends with mere 5G demo, scanty 4G access, wobbling 3G quality

As the year rolls away, fact checks on the timelines in the nation’s telecom sector performance presents yet another not so palatable dish to eke out after all. Though MTN Nigeria criss-crossed Abuja, Calabar and Lagos with 5G demos, industry…

(Special Report) Why Lagos Airport needs security overhaul now

Having two viral security breaches in less than six months at a leading national international airport leaves much to be desired. In the last couple of months, instances of security breaches upon the huge number of different security outfit both…

Train 7 FID: FG’s commitment to acceleration of gas revolution—Derefaka

Technical Adviser (TA) to the Minister of State, Petroleum, Mr Justice Derefaka, has described last week’s Final Investment Decision (FID) on Train 7 of the Nigerian LNG as a milestone, reinforcing Federal Government’s commitment to the acceleration of the gas…