Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2021

NNPC, other agencies set to go as NASS passes Petroleum Industry Bill

The National Assembly; including both the Senate and the House of Representatives on Thursday and in their respective chambers passed the Petroleum Industry Bill (PIB) which unfortunately approved 3 per cent for the host communities. Although the Senate approved three…

Dangote Refinery eyeing to be the 5th largest company in Africa

Facts and figures have started to emerge suggesting that the Dangote Refinery, owned by the Dangote Group under the Chairmanship of Aliko Dangote, may become the fifth largest oil refinery in the continent on delivery. Although the refinery is still…

UBA leads in stimulating Growth in Africa via Consumer Lending

Leading Pan African financial Institution, United Bank for Africa (UBA) Plc has emphasized its unwavering commitment to the support of businesses and financial inclusion in Africa through its array of consumer lending products. There has been clear evidence that credit…

Niger Delta Congress issues statement on arrest of IPOB leader, Kanu

The Niger Delta Congress (NDC) has received the news of the arrest of the leader of the Indigenous People of Biafra (IPOB) with mixed feelings. We most importantly take note of the time and resources that have been expended to…

Airpeace concludes plans to commence Ilorin, London operations

Leading indigenous flag carrier, Air Peace, has said it is ready to open the West Coast and London operations. The airline said the new routes were motivated by the arrival of the third brand new Embraer 195-E2 jet into its…

Edo modular refinery seals crude purchase contract for operations

The Edo State Governor, Godwin Obaseki, has said the Edo Modular Refinery, being developed by Edo Refinery and Petrochemical Company Limited (ERPC) with support from the Edo State Government, is ready for operations. Obaseki stated this shortly after the Managing…

ICT

Opera becomes world’s first alternative browser for Chromebooks

Opera Thursday becomes the world’s first alternative browser optimized for Chromebooks. The Opera Browser brings many unique features previously unavailable on the Chrome OS platform, including a free, unlimited, no-log browser VPN, built-in messengers, ad blocker, cookie dialog blocker and…

UniCal warns graduands of unclaimed certificates

Following discovery of thousands of unclaimed degree certificates, authorities of the University of Calabar has issued a final warning to graduands who are yet to claim their degree certificate to do or face a veiled punishment. A statement issued and…

NNPC eyes huge shares in Dangote refinery with borrowed $3.8bn

Strong indications have emerged suggesting that the Nigerian National Petroleum Corporation (NNPC) is planning to borrow $3.8 billion to actualise its agenda of acquiring a 20 per cent stake in Dangote Refinery. NNPC Group Managing Director, Mallam Mele Kyari, however…

ICT

NITDA commences operations of National Public Key Infrastructure

The National Information Technology Development Agency (NITDA) has commenced operations of the National Public Key Infrastructure (NPKI). The commencement of the national PKI operations was unveiled by the Director General, Mallam Kashifu Inuwa Abdullahi, CCIE, on Tuesday 29th June, 2021,…