Business Hilights

Tracking Nigeria's Headline Business News Online

Month: September 2021

IPPIS: FG seeks fresh ideas, strategies to seal financial leakages

The Federal Government has revealed that it will continue to look out for fresh ideas and strategies aimed at sealing all financial leakages in civil service payrolls. In his address at the training workshop for Integrated Personnel And Payroll Information…

Dangote Refinery to break, set new record of 57,000 Personnel in a single company

The President/Chief Executive, Dangote Industries Limited, Aliko Dangote has disclosed plans to increase the human capacity at the Dangote Refinery Project site from 40,000 to 57,000 personnel in the coming months. According to him, the project currently employs 29,000 Nigerians…

Shell, US-based marine solutions seal deal on new LNG bunker barge

As part of international capacity development, Florida-based marine solutions, transportation and logistics company, Crowley Maritime Corporation has signed a long-term time charter with Shell NA LNG for the building and operation of a new LNG bunker barge. Under the arrangement,…

ICT

Glo’s subscriber base jumps by 1m in July – NCC Report

Globacom’s subscriber base grew by a remarkable one million in just one month, rising from 50,130,540 in June to 51,137,259 in July. This was indicated in the latest telecom industry data released by the regulator, Nigerian Communications Commission (NCC). According…

(Special Report) Investors in planned airport concession risk biting their fingers?

Recently, the Federal Government made its intension public to concession four busiest International Airports including Lagos, Abuja, Port Harcourt, and Kano ports. However, ever since the plan was made public, industry stakeholders have started giving serious warning signals. Already, aviation…

NIMASA Automates Verification of New Ship Registration Certificates

…Flags off Enforcement of Marine Environment Protection Regulations The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced the electronic verification of the new Ship Registry Certificates the Agency introduced on July 1. The new Ship Registry Certificates now have…

ICT

MTN becomes exclusive Communications partner to NFF teams

Weekend, MTN and the Nigeria Football Federation (NFF) signed a three-year, renewable contract for MTN to become the exclusive official communications partner to the NFF. The deal makes MTN the official partner/communications sponsor to all Nigeria’s national football teams.The deal…

NGX Regulation built on Continued Value Creation for Stakeholders

NGX Regulation (NGX RegCo) Limited – the independent regulatory company of Nigerian Exchange Group – has assured stakeholders that there will be no diminution in the value that regulation has brought to the market in this new era of demutulisation….

ICT

NCC expects not less that N75b per slot of 5G Spectrum—EVC

The auction price for a slot of 5G spectrum will start from N75 billion and will likely go to N100 billion after the auction process, the Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta said at…

ICT

NCC shuts down telecoms services in Zamfara to frustrate bandits’ communications

The Nigerian Communications Commission (NCC) has directed all telecommunications providers to shut down services in Zamfara State from September 3, 2021. This, the telecoms regulator said became imperative to address rising insecurity in the State. This came as the last…