Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2019

NNPC yet to react to ministerial nominee, Jeddy Agba’s outburst on refining grafts

Though Mr. Jeddy Agba, an experienced oil and gas expert was recently at the Senate Chambers for his ministerial screening and confirmation possibly as the next Minister of Minister of State for Petroleum, three key issues he raised against the…

Sinopec’s world largest atmospheric tower for Dangote refinery arrives next month

In the next one month, Dangote Refinery in Lekki will take delivery of completed furnace-like   equipment that will process crude oil into series of petroleum products from Ningbo, China. According to a Citac analyst, Jeremy Parker, who spoke to Reuters,…

Not only in PH do filling stations under dispense 35% fuel—Lagos Motorists

Contrary to the news that broke yesterday by the Department of Petroleum Resources (DPR), that no fewer than 35 per cent of filling stations in Port Harcourt willingly adjusted their meters with intent to cheat unsuspecting customers, several motorists who…

Nasarawa hails Pan for keying into trending automotive technology

The government of Nasarawa State has commended the management of Peugeot Assembly of Nigeria (PAN) for its resilience, intelligence and adaptation to new trends in automotive technology to keep the brand alive. Making his remarks during a recent visit by…

Heritage Bank, Afreximbank give life to $1bn resources dev deal in Zamfara

Leading financial institution, Heritage Bank Plc and African Export Import Bank have agreed to pull resources together to develop natural resources in Zamfara State in partnership with other bodies and government. The parties have already sealed a $1billion Memorandum of…

Confirmed ministers may get portfolios today at FEC meeting if…

If the Clerk of the Senate was able to prepare and transmit the list of cleared ministerial nominees before the end of Tuesday, there are strong indications that they may be inaugurated today (Wednesday), which is the 10th Wednesday since…

Between Whales caught in USA and Nigeria: Any Difference?

Earlier Tuesday, July 30, 2019, a video went viral showing where a big whale that was caught and butchered in Bayelsa State by locals at the seashore. During the butchering spree, whereas some were using sledge hammer, others even use…

Just in: Ihedioha stabilises as S’Court dumps Sen. Anyanwu’s appeal

The Supreme Court Tuesday dismissed a suit filed by Senator Sam Anyanwu, challenging the emergence of Imo State Governor, Rt. Emeka Ihedioha as the gubernatorial candidate of the Peoples Democratic Party, (PDP). The appeal, heard by a panel of five…

Ecommerce 99
ICT

PPD Report seeks standard National E-commerce policy, strategy in Nigeria

As the development speed of e-Commerce across nations of the world doubles, a public-private dialogue (PPD) report on, E-Commerce and Digital Economy in Nigeria has called for a standard national e-Commerce policy and strategy to guide the stability of the…

Airtel better
ICT

Like MTN, Nigeria market advantage jumps Airtel Africa revenue by 10%

Another non-indigenous player in Nigeria’s telecoms industry, Airtel Africa has reported revenue growth of 10.2 per cent in constant currency, largely driven by double-digit growth in Nigeria and East Africa. The report came from its first quarter financial report, ending…