Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2019

Total shutdown imminent at ports as Maritime Workers begins strike Wednesday

Unless there is a fruitful intervention by relevant stakeholders’ today, all is set for resumption of a nationwide strike on Wednesday, July 3, 2019 by the members of Maritime Workers Union of Nigeria (MWUN). Recall that the body had earlier…

National electricity grid collapses for the eighth time this year, TCN blames Discos

Blame game has intensified between the government-owned Transmission Company of Nigeria (TCN) and the body of electricity Distribution Companies (Discos) over the endless wait for the regime of seamless stability in power. Weekend, Business Hilights gathered that the Nigerian national…

Ojumole Well 1 fire in Ondo State extinguished—Chevron

Chevron Nigeria Limited (CNL), operator of the joint venture (JV) between the Nigerian National Petroleum Corporation (NNPC) and CNL (NNPC/CNL JV), has confirmed that the fire at the Ojumole Well No. 1 has been safely put out. Ojumole field is…

INEC asks parties to disclose material aids received for 2019 election

The Independent National Electoral Commission (INEC) on Monday informed all political parties that took part in the 2019 general elections to file in their report on material aids and contributions received from individuals and corporate bodies for the 2019 elections…

Xenophobia not in Ghana’s word list, character – President

Ghanaian President, Nana Addo Dankwa Akufo-Addo has broken silence over the recently trended near xenophobic attacks on some nationals including Nigerians, saying “There is no xenophobia in Ghana, we are not a xenophobic State. We are the pan-African nation that…

StandChart plans unveiling social banking solution in Nigeria Sept.

Leading international bank, Standard Chartered weekend announced yet another multi-market launch of its digital bank in Botswana, Zambia and Zimbabwe as part of its digital transformation strategy in Africa. The next wave of digital-only banks follows launches in Uganda, Tanzania,…

Ghana Bawumia
ICT

Ghana set to beat Nigeria in acceding to Convention 108+ on Data Protection

Whereas Nigeria is yet to make public its stand, Ghana, as a signatory to the Council of Europe International Convention on cybercrime is currently preparing to accede to the Convention 108+ on Data protection. This was revealed by Ghanaian Vice…

rack-centre
ICT

Give incentives that attract fibre services, Coker tells FG

The Chief Executive Officer (CEO), Rack Centre, Ayotunde Coker, has given more reasons why telecoms Infrastructure Companies (InfraCos) licensees may remain in the dark and dormant for years. Addressing the press recently, he observed that several InfraCos had remained lifeless…

Emergency to save life caused landing helicopter on Benin-Ore highway, says TAL

Operators of the chartered helicopter that recently landed on Benin-Ore Expressway disrupting highway traffic, Tropical Arctic Logistics Limited (TAL), has given reasons for the occurrence. In a terse statement made available to Business Hilights revealed that “the exercise was a…

NSC begins search for Enugu, Kogi Truck Transit Park investors this week

The Executive Secretary of Nigerian Shippers’ Council (NSC), Barr Hassan Bello, will this week begin search for credible investors in the development of Truck Transit Park (TTP) planned for Obolo-Afor in Enugu State and Kogi State. Making the disclosure at…