Exclusive: Infracos, telecoms yet to receive any notice on slashing RoW by NGF
Whereas many telecoms stakeholders had expressed happiness on the January assurance from states’ governors to crash their respective charges levied per square meter of Right of Way (RoW) for laying of fibre optic cables, nothing or no official statement of…
FG hardens SIM policy, wants subscribers’ to update with NIN before Dec 1, 2020
The Federal Government has deepened the SIM card registration policy to now include the National Identification Number (NIN) from the National Identity Management Commission (NIMC). A statement made available to Business Hilights weekend from the office of the Technical Assistant…
Africa deceiving self if infrastructure deficit meets AfCFTA takeoff— Ramaphosa
Chair of African Union (AU) and President Cyril Ramaphosa of South Africa, has raised an issue of urgent continental importance, saying the free trade dream under the implementation of the African Continental Free Trade Area (AfCFTA) may suffer early defeat…
Eko Atlantic City earns IFC EDGE certification, closes in on green city status
The emerging Africa’s all-round skyscrapers waterfront, the Eko Atlantic City (EAC) has moved inches close to becoming a world green city following the securing of its first International Finance Corporation’s EDGE (IFC EDGE) certification on Alpha1, the EAC’s flagship office…
All set for launch of National Gas Transportation Network Code by FG today
After years of strategic planning, the Federal Ministry of Petroleum Resources (FMPR) will today, Monday, February 10, 2020, formally launch the National Gas Transportation Network Code (NGTNC). The unveiling, Business Hilights gathered, would form key part of the opening ceremony…
DPR plans new minimum safety certification for downstream gas vendors
Worried by the endless gas explosion and accidents in parts of the country involving downstream operators, who do business in unsafe outlets, the Department of Petroleum Resources (DPR), is currently structuring what it described as Minimum Industry Safety Training for…
Nnewi industrial hub would have been better if FG replicates Lekki FTZ—Moghalu
The clear negligence and official silence in the industrial development of South East and Nnewi in particular by the Federal Government remains one of the deepest undoing of the region generally known for industry. This was the summary of former…
Chinese products going scarce in Nigeria as Coronavirus fears pause production
The recent outbreak of the deadly coronavirus has continued to send panic through global markets, with oil prices falling to one-year lows following massive pause in manufacturing activities in mainland China. Accordingly, the ripple effects include massive drop in the…
NSC hands over 10 hectares of land to Tin-Smelting plant in Jos
As part of ongoing drive to deepen diversification of the economy by promoting non-oil sector, the Nigerian Shippers Council (NSC) has sealed an agreement for the transfer of over 10 hectares of land behind Heipang Jos Inland Container Depot, Jos,…
Weeks after, FG yet to respond to SMBLF on Weaponised Drones out let
Earlier last month, a security breach scenario leaked out from the Nigerian Army Department of Military Intelligence at the local wing of the Murtala Muhammed Airport, Lagos on the arrest and eventual out let of suspected a Weaponised Drones. However,…
