Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2023

ICT

TD Africa wins distribution of Ring Home Security Products in Nigeria

TD Africa, Sub-Saharan Africa’s leading distributor of tech and lifestyle products, has announced an agreement to distribute select Ring devices in Nigeria.   A pioneer bulk distributor in West Africa for a plethora of renowned global brands, TD Africa will…

ICT

Buhari extols Globacom’s Mike Adenuga as he lands on 7th floor

President Muhammadu Buhari has congratulated Globacom Chairman and philanthropist, Dr Mike Adenuga, Jr., on his platinum jubilee celebration. In a press statement issued by his Special Adviser on Media and Publicity, Femi Adesina, on Friday, the President described Adenuga, who…

Between Anambra’s N10bn Airport and Ebonyi’s N36bn Airport

The staggering cost differentials between two states’ International Cargo Airports in the South East; Anambra and Ebonyi States have started generating mixed reactions. Whereas it has been proved that the total construction of Anambra Airport at Umuleri gulped an initial…

NERC bags PEBEC Award for Order 172 compliance enforcement

The Nigerian Electricity Regulatory Commission (NERC) has been awarded for 100% enforcement of compliance with Order 172 at the 5th Presidential Enabling Business Environment Council (PEBEC) Awards. Business Hilights recalls that Order 172 mandates DisCos to connect new point-load electricity…

ICT

Tech Week: Konga set to host Nigeria’s biggest gadgets sale

Nigeria’s leading composite e-commerce giant, Konga has concluded preparations to host its annual Tech Week promotion, widely regarded as the biggest gadgets sale in the Nigerian shopping calendar. Konga Tech Week is set to run from Tuesday, May 2 to…

NPA concludes WeCAPS security training workshop in Lagos

The Nigerian Ports Authority (NPA) recently hosted stakeholders and security experts at a one day brainstorming sessions to mark the end of the first training of the West and Central Africa Port Security (WeCAPS). Venue of the event was the…

Buhari gave us 10 out of the N36bn used for Ebonyi Int’l Airport—Gov

More facts have emerged on why the newly unveiled Ebonyi International Cargo Airport will be named after the outgoing President Muhammadu Buhari. According to the state Governor, Engr Dave Umahi, the state graciously received a support of N10bn during the…

Just in: NEC cancels subsidy removal

The National Economic Council (NEC) on Thursday suspended the planned removal of subsidy on petroleum products by the end of President Muhammadu Buhari’s administration. The Minister of Finance, Budget, and National Planning, Mrs. Zainab Ahmed disclosed, this while briefing State…

How ethnicity killed Udenwa’s $600m Oguta Blue Seaport scheme—IMAN

Disturbing revelation has emerged on why the strategic $600m Oguta Lake Blue Seaport scheme planned by the former Achike Udenwa administration in Imo State did not see the light of the day. National President of the Importers Association of Nigerian…

FG to permanently open 2nd Niger Bridge on 15th May

All is set for the permanent opening of the completed second Niger Bridge linking Delta and Onitsha on May 15, 2023. The Minister of Works and Housing, Babatunde Fashola, disclosed the information through the Minister of Information and Culture, Lai…