Weeks after Abuja Declaration, kidnappers hit vessel off Cotonou waters
On October 10, 2019, international delegates at the Global Maritime Security Conference (GMSC) rose at the end of the three days engagement from Monday 7th to Wednesday 9th October, at the International Conference Centre in Abuja, with a firm declaration…
FG steps up agric reforms, slashes prices of farming equipment by 50%, but…
Signals that the current administration is serious in driving economic diversification via agriculture are playing out following disclosure that farming equipment procured by the Federal Ministry of Agriculture and Rural Development will be sold to farmers at 50 per cent…
From his London private visit base, Buhari assents amended PSC bill into law
Upon mixed feelings generally presented by leading players in the nation’s oil and gas industry, President Muhammadu Buhari, from his London private visit announced his assent to the amended oil and gas Production Sharing Contract (PSC) bill into on Monday….
MTN’s 800 MHz spectrum now an unbeatable edge over peers on data segment
Reasons why the leading continental telecom giant, MTN Group strategically went for the Visafone acquisition are beginning to pay out in the Nigerian data segment. Checks on the new active internet users’ statistics released by the Nigerian Communications Commission (NCC)…
Access Bank completes upgrade, fetes customers with free instant transfers
For their patience and understanding throughout the period of its technology and infrastructure upgrade and seamless systems integration, leading retail banking giant and largest financial institution in Africa, Access Bank is offering its customers, free instant transfers for a whole…
Forget rail for now, face Baro Port access road first —Expert
Leading maritime business expert, Dr Simon Dugu, has called on the new Managing Director of the National Inland Waterways Authority (NIWA), Chief George Moghalu to focus on reconstructing the road leading to the moribund N6billion Baro River Port in Kogi…
Elumelu in Paris summit, seeks private equity inflow into Africa’s SMEs
Founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA), Mr Tony Elumelu, has stressed the importance of private equity inflow into Africa, with a focus on investing in small and medium scale businesses, the lifeblood…
$15bn investment, Nigeria’s competitiveness under threat over new d’water royalty
Contrary to high hopes that the emerging regime of increased deepwater royalty payable by oil majors to the Federal Government will amass revenue for the economy, international oil companies (IOCs) plus their local allies under the aegis of the Oil…
It’s now cheaper cooking with gas than kerosene, wood in Nigeria—BHIU
…However, fears rise over proliferation of gas refilling shops Contrary to yesteryears, a report released by Business Hilights Intelligence Unit (BHIU), an independent investment research arm of Business Hilights Group, has shown that “it is now more rewarding, safe and…
W’African businesses shun 33rd Lagos International Trade Fair
Checks within the three days of the ongoing 33rd Lagos International Trade Fair, holding at the Tafawa Balewa Square (TBS), Lagos have shown scanty presence of West African exhibitors. The development, which is contrary to previous experiences, cannot be unconnected…
