Stricter shipping fuel standards from January 2020 to push up fuel price
There are strong indications that landing costs of petroleum products imported into Nigeria would increase from January 1, 2020, when costlier shipping fuel standards by the International Maritime Organisation (IMO), comes into effect. Findings by Business Hilights Intelligence Unit (BHIU),…
Heritage Bank lifts 2,000 female entrepreneurs via financial inclusivity scheme
Heritage Bank Plc has stepped up financial inclusivity initiatives that recently empowered over 2000 female entrepreneurs to the level of economic enablement and self-realization. In achieving the feat, the bank is partnering with a Non-Governmental Organization, Prime Women Builders Foundation…
Agbazuere’s appointment as CoS, a unifying masterstroke in Abia State
By Paddy Anyatonwu Based on testimonies of majority of Abians, the appointment of Dr. ACB Agbazuere by Gov. Okezie Ikpeazu as his Chief of Staff (CoS) on November 5, 2019, is just a timely masterstroke. Leading political pundits and followers…
2023: Reflecting, trying to fault Senator Abaribe’s stand on APC’s Igbo presidency
On Monday night, November 25, 2019, Senator Enyinnaya Abaribe (PDP Abia State), Minority Leader in the Senate was a guest of Ladi Akeredolu-Ale on Channels TV’s interview programme. When asked his thoughts on South-East producing the President from the ruling…
End of REMITA monopoly on TSA may begin today at Senate
All things being equal and by virtue of last week’s official invitation, the management of SystemSpecs Limited, operators of REMITA, the digital platform driving Federal Government’s Treasury Single Account (TSA) will appear before the Senate Committee on Banking, Insurance, and…
FG’s debt financing vote choking infrastructure funding— WAIFEM Chief
The Director-General of West African Institute for Financial and Economic Management (WAIFEM), Dr. Baba Yusuf Musa, has raised serious concerns at the level of Nigeria’s debt and argued that government’s increasing focus on debt servicing obligation is currently frustrating funding…
MOSOP, others lose confidence on NDDC, seek Rivers Oil Community Dev. Agency
Recent agitation by leading oil communities associations in Rivers State for Rivers State Oil Community Development Commission, has added fresh credence to trending allegation by the Federal Government in the more than one decade of Niger Delta Development Commssion (NDDC),…
CBN silent on cost of delivering Apapa-Oshodi highway by Dangote
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has inspected the ongoing reconstruction of Apapa Port to the Lagos-Ibadan Expressway toll gate being undertaken by the Dangote Group. Addressing journalists’ weekend during the inspection tour, he used the…
Berger Paints Plc to open its N2bn factory in FCT next year
As a way of ending capital flight in procuring paints and accessories in delivering its contracts in Nigeria, Berger Paints Plc, is set to start production at its new fully-automated plant in Abuja early next year. Minister of Industry, Trade…
Just in: MTN, partners see bright future on trial of 5G technology in Nigeria
Relying on strong collaboration between the Ministry of Communications and Digital Economy, the Nigerian Communications Commission (NCC), Huawei, ZTE, and Ericsson, leading telecoms giant, MTN Nigeria PLC (MTN) today announced that Nigeria has become the first country in West Africa…
