Business Hilights

Tracking Nigeria's Headline Business News Online

Day: January 28, 2020

Just in: Uzodinma restores public water supply in parts of Owerri

Less than two weeks of swearing in as the substantive governor of Imo State, Senator Hope Uzodinma Tuesday announced the restoration of public water supply to some parts of Owerri metropolis. Recall that several parts of the state capital had…

ICT

Just in: US pushes out Huawei from critical safety aspects of UK 5G rollout

Leading global telecom network provider, Chinese Huawei this afternoon lost out in being part of service providers to engineer emerging United Kingdom’s 5G network. This according to developments, was based on United States’ pressure on London to avoid the company…

3 months after, no signal from Bankers Committee on National Theatre

In September last year the Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele told Nigerians that it has sealed strong understanding with the Nigerian Bankers Committee (NBC) to invest a whooping N22bn in the redevelopment of moribund National Theatre,…

Many Nigerians yet to understand the workings of new Finance Act— SWIT

The leadership of the Society of Women in Taxation (SWIT), Lagos State Chapter, has called on not only the tax authorities, but the Federal Government through the National Orientation Agency (NOA) to embark on massive awareness on the workings of…

Enugu Ugwuanyi
ICT

Coal city set for South-South/South-East tech start-up stakeholders’ summit

From February 7-8, 2020, all roads will lead to Enugu, the Enugu State capital for the second South-South/South-East Innovation Community Stakeholders’ Summit. Business Hilights South East Bureau Chief reports that preliminary details from the organisers revealed that key discussions will…

How ready are IOCs in reducing methane leaks to tame emissions?

More issues are still coming from the latest report published by the International Energy Agency (IEA) on best production models to reduce carbon emissions and drive transition to cleaner energies without affecting rising investments in explorations. IEA in the report…

Can NPA begin the review of concession agreements now it has PCAF?

Before now and since her appointment as the substantive Managing Director of the Nigerian Ports Authority (NPA) in 2015, Hadiza Bala-Usman had repeatedly made mention of the need to review the ports concession agreements. Business Hilights recalls that after few…

Depleted fleet of local airlines key reason for flight delays, cancellations—NCAA

…As airlines shift blames to poor airport infrastructure, weather Contrary to clumsy excuses habitually given by domestic airlines during incidents of flight delays and outright cancellations, the Nigerian Civil Aviation Authority (NCAA), has clearly traced the scourge the depleted fleet…

Ugo Onuoha @ 60: A True Leader

By Luke Okoro He comes across as an easy going gentleman. He speaks little with a unique gait that would hardly make you to notice his passing across you. But you will not forget his sight and the impression he…

How outgoing Unilever Nigeria boss, Nsarkoh delivered N9.13bn revenue in Q4

Upon harsh business environment in 2019, released unaudited report for the quarter ended December 2019 by leading fast consumer moving goods (FCMG) conglomerate, Unilever Nigeria, has shown a record N9.13 billion revenue in the period under review. Recall that the…