Business Hilights

Tracking Nigeria's Headline Business News Online

Month: September 2021

Continuing fuel subsidy till 2022 means violation of PIA—Expert

One of the government’s official abuse avenue of the just signed Petroleum Industry Act (PIA) will be to continue fuel subsidy beyond this year. This is the submission of an energy expert, who pleaded anonymity in an interview. The expert…

Functional power coming to Lagos airport airfield after 13 years

Strong indications have emerged suggesting that the waiting game over airfield lighting and night operations for Runway 18L at the busy Murtala Muhammed Airport in Lagos will soon be over. Business Hilights gathered that a fresh move to end the…

Rising cooking gas price blamed on forex as local production remain a ruse

The Petroleum and Natural Gas Senior Staff Association of Nigeria has said that the greatest problem causing the rise in the cost of Liquefied Petroleum Gas, popularly called cooking gas, is the fall of the naira against the United States…

NGX Highlights Opportunities in Green, Sukuk Bonds

Nigerian Exchange Limited (NGX) continues to drive the development and promotion of retail participation in the Nigerian capital market with its Retail Investor Workshop. On Tuesday, 31 August 2021, NGX hosted a webinar under the series in collaboration with APT…

ICT

Book on Danbatta’s Speeches, Strategic Projects for Unveiling Sept. 7

All is now set for the historic launch of the compendium of landmark speeches and presentations of the Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta. Scheduled to hold at…

VFD Group Kicks-off Graduate Trainee Program to Create Opportunities

In the fourth quarter of 2020, unemployment rate in Nigeria increased to 33.30 percent from 27.10 percent in the second quarter of 2020 according to the Bureau of Statistics. The rate of unemployment in Nigeria continues to increase at an…

ICT

Konga, Edo partner on job creation, online business

Konga, Nigeria’s leading composite e-commerce giant, has partnered with the Edo State government to create jobs for millions of youths in the state, while also empowering entrepreneurs, business owners and other beneficiaries in the state by bringing their products and…

NGX unveils Enhanced Version of X-Mobile for Improved Market Access

Nigerian Exchange Limited (NGX or The Exchange) is pleased to announce the release of an enhanced version of its mobile app, X-Mobile on Wednesday, 1 September 2021. X-Mobile – which was first launched in 2019 in its Beta state –…

ICT

MTN Nigeria cooperates with FG, presents evidences of full tax compliances

Contrary to some reports making the rounds that MTN Nigeria Communications Plc is owing tax liabilities to the Federal Government, the company has reacted saying it was cooperating with the authorities and provided relevant evidences to demonstrate full compliance to…

Price of LPG in Nigerian market dependent on several market factors—NLNG

The Nigeria LNG Limited (NLNG) has reacted to a newspaper report article titled “How high cost of cooking gas leaves Nigerians with deadly alternatives” where it was inaccurately stated that NLNG produces 22 Million Tonnes Per Annum (MTPA) of Liquified…