Business Hilights

Tracking Nigeria's Headline Business News Online

Month: December 2020

APM Commissions new command centre Terminals in Apapa

Leading seaport terminal operator, APM Terminals has commissioned a new operation command centre it built at the Apapa operations to boost efficiency and service delivery. The commissioning was witnessed by the Minister of Transportation, Rotimi Amaechi, who graced the occasioned…

Jumping Cooking gas price rubbishes FG campaign on usage

Strong indications are beginning to suggest that Nigerians are losing courage in switching from kerosene and fuelwood based cooking methods to gas following rising cost of filling all grades of cylinders. Currently, the price of Liquefied Petroleum Gas, popularly known…

ALTON logo
ICT

ALTON takes official stands on trending industry issues

The lead telecom stakeholders’ industry group, Association of Licensed Telecoms Operators of Nigeria (ALTON) Wednesday issued a broad-based statement on its stands regarding current industry issues especially regarding the NIN-SIM integration and others as follows; Update on ALTON members response…

Uzodimma signs 2021 Budget of N346.2b into Law

Governor Hope Uzodimma of Imo State has signed the 2021 budget of N346.2 billion tagged “Budget of Wealth Creation” into law. The ceremony which took place at the Executive Chambers on Tuesday at the Government House Owerri was witnessed by…

New traffic control team coming on New Year on Apapa port access roads—FG

Following the instant disbandment of the Presidential Task Team on Apapa gridlock led by former Lagos State commissioner for transportation, Kayode Opeifa, by the Federal Government during a recent tour of the corridor, a top official of the Ministry in…

How Oredo gas scheme will pump N2.8tr to Nigeria’s 2021 budget, beyond

All things being equal, fact check shows that not less than N2.8 trillion-revenue is expected from a new 200 million cubic feet gas project being promoted by the Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum…

NASS uncovers, begins probe of ghost N19bn 2011 Eastern rail contract

Nigerian Federal House of Representatives has resolved to investigate a contract awarded in 2011 for the rehabilitation of the Port Harcourt-Makurdi section of the Eastern Rail Line valued at N19.2bn. The House is especially probing into the allegation that the…

Zinox Ekeh Ibom
ICT

‘Zinox boss, Ekeh not indicted by Police, EFCC, any court in Nigeria’

The management of Zinox Technologies, Nigeria’s leading integrated Information and Communications Technology (ICT) Company, has debunked allegations of its Chairman, Leo Stan Ekeh, being indicted by the Nigerian Police. This was contained in a comprehensive statement emailed to Business Hilights…

Why politics’ll remain do or die in Nigeria

Fact check from the just passed 2021 Appropriation Act by Business Hilights Intelligence Unit (BHIU), an independent research arm of Media Hilights Integrated Co Ltd, publishers of Business Hilights revealed that the quantum of fabulous allocation to every relevant and…

3rd Mainland bridge Lagos to be shut for 3 days from Xmas eve—FG

The Federal Controller of Works Lagos, Mr Olukayode Popoola on Tuesday announced a 72-hour total closure of the Third Mainland Bridge to cast concrete on three expansion joints. Popoola told the News Agency of Nigeria (NAN) in Lagos that the…