Business Hilights

Tracking Nigeria's Headline Business News Online

Day: December 16, 2019

Dangote, others leveraging on TCS to reconstruct 19 federal highways—Minister

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, in Lagos on Sunday disclosed that 19 major federal highways are currently under reconstruction by some private sector investors who are leveraging on the federal government’s called Tax Credit…

2023 end of fuel imports; not political but a realistic deadline—NNPC

…But analysts differ, seek deadline not close to election year In the history of Nigerian government’s deadline setting, history has shown that any project deadline set for an election year rather than a year within the official period of the…

Fidelity Bank’s ‘Get alert in millions savings promo’ crowns latest millionaires

Leading retail banking giant, Fidelity Bank Plc last week Thursday gave a total of N19m as cash prizes to 13 winners across the country in its ‘Get alert in millions savings promo.’ At the draw held in Abuja, the bank…

UBA staff across Africa join UBA Foundation’s Each One Teach One Initiative

UBA Foundation, the corporate social responsibility (SCR) arm of the United Bank for Africa (UBA) Plc, weekend held the 2019 edition of its annual ‘Each One, Teach One initiative,’ by hosting what it described as huge impact day in Nigeria…

ATCOn Pantami visit
ICT

Pantami begins U-Turn, now thinks collaborative approach to ICT industry issues

For the first time, the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Pantami, has agreed that the onerous task of expanding the frontiers of growth in the Information and Communication Technology (ICT) industry is a collective responsibility…

Road cutting for FOC
ICT

Better to resolve InfraCos challenges than auditing spectrum licences, Minister told

Communications industry experts have called on the Minister of Communications and Digital Economy, Dr Isah Pantami to save his time in carrying out frequency audit on all the spectrum licences issued from inception till date and use it to find…

Airk Air resumes Asaba services, triples Owerri to save Igbos from 60 checkpoints

…As FG fails to dismantle multiple roadblocks as resolved by Reps Just as the Federal Government, Inspector General of Police and paramilitary agencies have remained silent on why over 60 checkpoints dot the Federal highways from Lagos to Onitsha with…

Official suspension of Turkish Airlines operations in Nigeria begins today if…

In line with the stand of the Federal Government while announcing the suspension of Turkish Airlines operations in Nigeria last Thursday, should the airline fails “to operate with the right size of aircraft that can transport all passengers with their…

Dangote Refinery to save Nigeria’s $10bn annual petroleum products imports—Minister

Ahead of 2023 new deadline for end of refined petroleum imports given recently by the GMD of NNPC, Mr Mele Kyari, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, Sunday disclosed in Lagos that “We are very…

‘African new oil, gas discoveries may be derailed by cost of new drilling technologies’

Whereas 2019 may be described as Africa’s year of new finds in both gas and oil deposits in commercial quantities, however, the observed high cost of latest exploration technologies may be a big minus in efforts to tap the resources…