Business Hilights

Tracking Nigeria's Headline Business News Online

Day: October 14, 2019

Visafone 44
ICT

Like CDMAs, ISPs may give up struggle in Nigeria sooner—BHIU Report

A new report released by Business Hilights Intelligent Unit (BHIU), an independent business research department of Business Hilights Media Group majoring in market feasibility studies for prospective local and foreign investors in every sector, has revealed that operators in the…

mtn-Nigeria
ICT

MTN now one of the best places to work in Nigeria, gets Platinum nod

Leading telecoms giant, MTN Nigeria Communications Plc, weekend announced that following an in-depth assessment of the organisation, it has achieved the Investors in People (IiP) Platinum accreditation. Business Hilights gathered that IiP is the international standard for people management, defining…

Banking/Investments

1969 Petroleum Act empowers FG to take flared gas from IOCs for free—Derefaka

The Program Manager, Nigeria Gas Flare Commercialisation Programme (NGFCP), Office of the Minister of State for Petroleum Resources, Mr Justice Derefaka has opened up on the enabling legal framework upon which the Federal Government is relying on to assume sole…

NNPC/Chevron JV, NDPHC Olorunsogo, GACN seal GSAA, reassure service delivery

Chevron Nigeria Limited (CNL), in its capacity as Sellers’ Representative for the Nigerian National Petroleum Corporation (NNPC) and itself, has signed a Gas Sale and Aggregation Agreement (GSAA) with Olorunsogo Generation Company Limited, Niger Delta Power Holding Company Limited (NDPHC)…

No work at Enugu Airport 50 days after closure, 30 days after contract award—IRF

…As FG says no fund to mobilize contractor Leading socio-economic group, Igbo Renaissance Forum (IRF) has frowned at not just the ongoing delay in takeoff of repair works at the Akanu Ibiam International Airport Enugu, which was shutdown since August…

After flood terror, Sanwo-Olu declares state of emergency on Lagos roads

Following extensive flooding that terrorised several state and federal highways across the state between last week and weekend, Governor Babajide Sanwo-Olu of Lagos State Sunday declared state of emergency on bad roads across the state. A statement signed by his…

Experts doubt if new found northern oil would be in commercial quantity

Whereas the Federal Government continues on the euphoria of finding crude oil, gas and condensates in the Kolmani River region at the border community between Bauchi and Gombe states, industry experts have argued that the major issue is not hitting…

Why NNPC, NLNG sealed $2.5b deal to supply gas to Trains 1 to 6

More details emerged weekend on why the Nigerian National Petroleum Corporation (NNPC) Friday last week, consummated a $2.5 billion pre-payment agreement with the Nigeria Liquefied Natural Gas (NLNG) for upstream gas development projects to supply gas to Trains 1 to…

Border closure inconsistent with FG’s ease of doing business campaign— MANEG

The Chairman, MAN Export Promotion Group (MANEG), Ede Dafinone has raised an issue of national urgency, saying the indefinite closure of land borders is frustrating struggling local manufacturers involved in exports along the ECOWAS market. While stressing that the policy…

NLNG announces Jude Idada winner of 2019 $100,000 Literature Prize

On the bills of Nigeria LNG Limited, the Advisory Board for The Nigeria Prize for Literature, weekend announced Boom Boom, authored by Jude Idada as the winner of the $100,000 prize for the 2019 cycle on Children’s Literature. Results of…