Just in: Tribunal rejects Atiku, PDP’s application to examine INEC’s server, but…
The Presidential Election Petition Tribunal sitting at the Appeal Court premises, Monday rejected the application by the Peoples Democratic Party (PDP) and its presidential candidate, Atiku Abubakar, requesting permission to access and examine the central server used by the Independent…
FG officially frustrating S’East by abandoning Onitsha River Port—OCCIMA
Business leaders in the South East region of Nigeria, who had hoped to drive their businesses using the long-rehabilitated Onitsha River Port, have rolled out facts and figures suggesting that the Federal Government deliberately sat on the concessioning of the…
4 years after, all set for inauguration of SEC board today
After years of operating without a constituted management board like other critical agencies, the Federal Government will today, Monday, June 24, 2019, inaugurate the board of the Securities and Exchange Commission (SEC). The board, which will be chaired by Mr…
Stakeholders worried on Vodacom’s sudden sale of assets in Nigeria, others
..As CEO claims firm not exiting continent Last week’s announcement by the leading South African mobile phone operator, Vodacom Group Limited announcement that it was closing its business-managed services in Nigeria after doing same in Angola, Ghana, Zambia and Ivory…
Nigeria needs digital ID platform linked to functional ID registries—NIMC
The Director-General, National Identity Management Commission (NIMC), Aliyu Aziz, has stressed that for Nigeria to enhance governance, help its people out of poverty, restore growth, and participate in the digital economy, “we need a unique digital identification platform that is…
As Baru exits without answer for refineries, can Kyari change the narrative?
First, he (outgoing GMD of Nigerian National Petroleum Corporation, NNPC, Dr Maikanti Baru) started in 2016, by telling Nigerians that his leadership will carry out Turnaround maintenance (TAM) that will jump the installed capacities of all four refineries to highest…
‘Operational error, not sabotage caused pipeline explosion in Oyigbo, R’State’
Contrary to earlier speculation that the pipeline explosion that claimed eight lives Saturday in Oyigbo, near Port Harcourt, the Rivers State capital was caused by vandalism or sabotage, a top official of the Nigerian National Petroleum Corporation (NNPC), Sunday traced…
With Nigerian market in mind, Peugeot opens 200,000 capacity plant in Morocco
Morocco went agog weekend as PSA Group flagged off production at its new factory in Kenitra Free Zone, with the Peugeot 208 as its first model for roll-out. Business Hilights recalls that Groupe PSA is a French multinational manufacturer of…
Deepening hydrographic intelligence of Nigeria’s territorial waters crucial—NPA
Managing Director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman has hailed the high command of the Nigerian Navy (NN) for taking the lead in producing the first navigational chart of the Nigerian waters. This is as she called…
Endless killings across Northern food producing states aiding inflation—Cordros
Cordros Capital Group forecast has given fresh angle to the latest headline inflation in Nigeria which rose by 2bps to 10.40% y/y in May. In its report made available to Business Hilights weekend, Cordros Capital noted that “While the core…
