Just in: Dangote to enjoy N72.9bn tax rebate on delivery of Apapa-Oshodi highway
Clearer view on what Dangote Industries Limited will enjoy for cashing on the Federal Government’s new road infrastructure development initiative between the government and interested private sector participants. On the emerging delivery of the 35-kilometer Apapa-Oshodi-Oworonsoki-Ojota highway currently under construction…
Location of Brass Island ideal for oil & gas investors—FG
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr Simbi Wabote, has revealed that the natural location of Brass Island in Bayelsa State remains the best in comparative advantage for investors in oil and gas in the country….
NPA begins payment of disengaged dockworkers benefits
The Management of the Nigerian Ports Authority (NPA) this week commenced the payment of benefits for disengaged 2015 Dockworkers. The fulfilment of the payment is coming under the aegis of Tally Clerks and Onboard Security Men at the Authority’s Ultra-Modern…
(Special Report): Why Dangote Cement ambushed Lafarge’s Michel Puchercos
Whereas a report from the Nigerian Stock Exchange (NSE) last week revealed that all is set for ageless cement technocrat, the Group Managing Director/CEO of Dangote Cement Plc, Engr. Joseph Makoju will retire as GMD/CEO effective January 31, 2020, facts…
Nigerian economy ends year with more exports than imports for the first time
Available international trading statistics have revealed that unlike previous years, the Nigerian economy is ending 2019 business year on a positive trade balance. Otherwise, relative to the corresponding period of the previous year, Nigeria’s trade surplus position improved markedly by…
As 2019 ends with mere 5G demo, scanty 4G access, wobbling 3G quality
As the year rolls away, fact checks on the timelines in the nation’s telecom sector performance presents yet another not so palatable dish to eke out after all. Though MTN Nigeria criss-crossed Abuja, Calabar and Lagos with 5G demos, industry…
(Special Report) Why Lagos Airport needs security overhaul now
Having two viral security breaches in less than six months at a leading national international airport leaves much to be desired. In the last couple of months, instances of security breaches upon the huge number of different security outfit both…
Train 7 FID: FG’s commitment to acceleration of gas revolution—Derefaka
Technical Adviser (TA) to the Minister of State, Petroleum, Mr Justice Derefaka, has described last week’s Final Investment Decision (FID) on Train 7 of the Nigerian LNG as a milestone, reinforcing Federal Government’s commitment to the acceleration of the gas…
Expect high cost of doing business in 2020—LCCI Outlook
For business operators crying for high cost of doing business in the ending year, the Lagos Chamber of Commerce and Industry (LCCI) has projected a high cost of doing business in 2020. The Chamber’s Economic Review and Outlook For 2020…
Why can’t Buhari fight Nigeria’s population corruption with genuine census?
By Chidiebere Chukwuneme Saudi Arabia is the headquarters of the Islamic religion. They practice the religion to the core. In fact the holiest Islamic site is there. They practice polygamy. Mortality rate there is low. Standard of living and health…