Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2020

ICT

NITDA jump-started Nigeria’s digital economy march—DG

The Director General and Chief Executive of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi has opened up on the activities on his agency, revealing that it had jump-started Nigeria’s digital economy initiatives even before the Federal Government…

Nigeria Secures Premier Conviction on piracy under SPOMO ACT

The Federal High Court in Port Harcourt has convicted three persons accused of involvement in the hijack of an Equatorial Guinean flagged vessel named, MV ELOBEY VI, off Equatorial Guinea’s coast on March 21. Delivering judgement, Justice Mohammed Sani summarily…

CSR: Dangote Refinery partner NDE to train Ibjeu-Lekki Youths on Skills

The Dangote Refinery Group in collaboration with the National Directorate of Employment (NDE) has began a six-month skills’ acquisition programme for the second batch of 200 youths in Ibeju-Lekki Community in Lagos State. The training, which was flagged-off by Dangote…

Nigerian Seaports set to drive 24/7 Operation, says NIMASA boss

Heads of maritime agencies in Nigeria have agreed to work on modalities for a quick commencement of 24 hours operation at the ports. Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, disclosed this on Tuesday…

ICT

FG commissions 11 new IT projects to deepen digital economy agenda

The Nigerian Communications Commission (NCC), the Universal Service Provision Fund (USPF) and three other agencies under the Ministry of Communications and Digital Economy have stepped up implementation of people-oriented projects in view of the digital economy agenda of President Muhammad…

FG partners stakeholders on alternative energy to make 2020 Year of Gas thick

Working on the strategic understanding that partnership with the private sector remains the best bet for government to deepen industry growth, the Federal Government has began talks with gas experts to drive Nigeria’s Year of Gas Revolution. Otherwise, as part…

CACOVID flags-off N23bn food palliatives distribution for 10m Nigerians

Nigeria’s Private Sector led Coalition Against COVID-19 (CACOVID) yesterday formally announced the flag-off of a nationwide distribution of multi-billion naira food palliative and other relief items to mitigate the adverse effects of the novel coronavirus pandemic on vulnerable Nigerians. The…

December Deadline sacrosanct for Single-hull Tanker Ban—NIMASA

…Secures approval for CVFF disbursement The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated that the country remains steadfast in its decision to stop the use of single-hull tankers by December 31 this year. Director-General of NIMASA, Dr. Bashir…

Heritage Bank, CBN deepen investment outcomes, job creation

Heritage bank Plc in collaboration with the Central Bank of Nigeria (CBN), under the Nigerian Incentive-Based Risk Sharing in Agricultural Lending (NIRSAL) has continued to drive improved investment outcomes and job creation. Through this partnership, Heritage Bank is not relenting…

National Gas Transportation Network Code goes live today

All is set for the activation of that National Gas Transportation Network Code in Abuja today. Explaining via a video conferencing in Abuja, the Technical Adviser on Gas Business to the Minister, Mr Justice Derefaka, who doubles as the Program…