Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2019

Again, NIMASA fails to disburse $100m Cabotage Fund in 2019 Q1

As the economy begins its journey into the second quarter of 2019 today, it has become very clear that the Federal Government through the Nigerian Maritime Administration and Safety Agency (NIMASA), failed in its promise last year to flag off…

2019 budget: FG’s plan to borrow N1.6tn may crowd out SMEs’ from banks

Strong indications have emerged revealing that contrary to the target of the Monetary Policy Committee (MPC), who voted to cut MPR from 14 to 13.5 per cent is to improve banks’ capabilities to give credit to Small and Medium Enterprises…

25 years idle Independence Building in Lagos’ll go for 20 years—ICRC

Considering the emerging change of economic development tactics by the President Muhammadu Buhari-led second term, attention will henceforth move from government powered economy to private sector-led. Key in the implementation of the new economic policy will be the concessioning of…

(Special Report) BPE opens eyes of Nigerians on why PIB may not fly under Buhari

Nigerians who are hoping to see the nation’s oil and gas industry truly librelised and the Nigerian National Petroleum Corporation (NNPC) privatized to deepen private investments may need to wait till after the end of the current administration in power….

German-African Energy Forum lifts Africa’s Energy Security, Investment

The African Energy Chamber (AEC) congratulates the German Government and the African-German Business Association (Afrika-Verein der deutschen Wirtschaft) on the success of the 13th German-African Energy Forum held in Hamburg on March 27 and 28, under the theme “Realizing &…

Gbajabiamila begins prayer session to win House speakership contest

Following his Sunday declaration of interest to run for office of the speaker in the ninth assembly, current Majority Leader of the House of Representatives, Femi Gbajabiamila, may be running the battle of his live as other House members including…