Business Hilights

Tracking Nigeria's Headline Business News Online

Day: November 8, 2019

Just in: Presidency gives insights on sack of VP’s aides, says Buhari’s aides fewer

Senior Special Assistant to the President (Media and Publicity), Garba Shehu, today, Friday, November 8, 2019, provided some levels of explanation on why over 30 aides to Vice President Yemi Osinbajo were eased out of office, linking the exercise to…

Just in: Dangote Group, Togo seal deal to jointly develop Phosphate into Fertiliser

Dangote Industries Limited and the Government of Togo (GoT), Friday sealed a deep pocket understanding to develop and transform Togolese phosphate into phosphate fertilizers for the West African sub-region; in a bid to improve consumption of the product in Africa….

Twitter Jack D
ICT

Just in: Anger as Twitter CEO, Dorsey sneaks into Lagos, shuns IT journalists

…As real aim of his visit remains shrouded After endless wait by Lagos Information Technology (IT) journalists who were selectively invited by the President of the Co-Creation Hub (CCHub), Yaba in Lagos State on Friday, Mr Bosun Tijani, ‎the CEO…

NCC Danbatta U
ICT

2 months after, NCC dumps sanctions over illegal use of 5.4GHz band

Contrary to earlier notice of sanctions for illegal use of the 5.4GHz frequency band by listed 63 companies and agencies of government in 11 states, there are indications that the Nigerian Communications Commission (NCC) has quashed the plan. Business Hilights…

Our procurement legal, institutional frameworks far from global best practices—Ezeh

Immediate past Director-General of Bureau of Public Procurement (BPP) and the former President, Nigeria Society of Engineers (NSE), Emeka Moumah Ezeh, has decried that the Nigerian procurement process as it is runs afoul of global best practices. Speaking in Lagos…

Still waiting for report on commercial viability of new found oil

…As FG begins hydrocarbon survey in Bida Basin Whereas Nigerians have continued to wait on the Nigerian National Petroleum Corporation (NNPC) to release the results of its research on the commercial viability of new found oil reserves in Gongola Basin…

Overstressed Lagos Ports capacities to crash if Eastern ports remain locked—Experts

More facts pointing to the need to unlock usage of Eastern ports of Port Harcourt, Warri, Onne and the recently refurbished Onitsha River Port have emerged. AP Moeller Terminals, leading concessionaire at Apapa and Tin Can Ports raised fresh alarm,…

Competitiveness, infrastructure, multiple regulation bane of Nigerian aviation—IATA

Fresh strategic reforms capable of changing the current discouraging narratives in Nigerian aviation industry have been listed by the leadership of the International Air Transport Association (IATA) at a forum held in Kuwait. In his presentation, IATA’s Director-General and Chief…

Without Climate Action we’ll be queuing for Noah’s Ark, Says Greenpeace Africa

Rains have increasingly been torrential in the past months, striking large parts of East Africa and elsewhere, in unprecedented intensity in decades, causing at least dozens of deaths, displacement of more than one million people. Even in Nigeria and mainly…