Business Hilights

Tracking Nigeria's Headline Business News Online

Day: August 23, 2023

EFCC can investigate Chief Ibeto over fraud—Court

A Rivers State High Court in Port Harcourt presided over by Justice Boma Diepiri has ruled that the Economic and Financial Crimes Commission (EFCC) has the statutory powers to investigate the allegations of fraud made against Chief Cletus Ibeto and…

just in: Wike matches action with words, begins massive demolition in FCT

By way of matching action with words, the vociferous Minister of the FCT, Barr. Nyesom Wike, Wednesday approved the demolition of well over 6,000 shanties and houses within Jabi, Garki and other listed 28 slum settlements in the Territory. Recall…

Stability of naira rests on increased exports—Shippers Council boss

The Executive Secretary of the Nigerian Shippers Council (NSC), Emmanuel Jime has said that one of the surest way to strengthen naira is to come up with strategic policies that will aggressively drive export trade in the short, medium and…

ABSU ends SoR, begins instant issuance of Degree Certificates

Leading State Government owned University in Nigeria; the Abia State University, Uturu, has announced the end of giving out Statement of Result (SoR) to graduating students of any programme and instant issuance of Degree certificates. In a circular signed by…

Sanwo-Olu shrinks appointments, ends outside sourcing of Pas, SAs

The Lagos State Governor, Babajide Sanwo-Olu may have started reducing the size of his government officials if the latest policy direction of the administration is anything to go by. Otherwise, hopes of many All Progressives Congress (APC) members and unemployed…

Just in: Alkali resumes duty as Transportation Minister, harps on reactivating operations

The new Minister of Transportation, Sen. Saidu Àhmed Alkali, has assumed office, with a pledge to reactivate road and rail transport operations in the country. The Minister gave the assurance on Tuesday in Abuja during his first day in office,…

Fears over rising potholes on 3rd Mainland Bridge in Lagos

Motorists have raised alarm over the growing number of portholes on Third Mainland bridge in Lagos. There had been several repairs on the over 30 year’s infrastructure both by the federal and state government at intervals depending on the level…

NCDMB, Stoilic Shipping team up on Cadets Training

The Nigerian Content Development and Monitoring Board (NCDMB) has held a kick-off ceremony marking the commencement of the Cadets Training Programme being organized with Stoilic Shipping Ltd, a renowned maritime training school. The event was conducted in Apapa, Lagos on…

CSR: Chisco Transport Owner, Anyaegbu donates equipped hospital to community

As part of his Corporate Social Responsibility (CSR), Transport magnet and billionaire businessman, owner of Chisco Group, Chidi Anyaegbu a.k.a Oké-Iyi Amichi has donated N100 Million and a fully equipped Hospital to his Amichi Community in Anambra State.

Akindele gives details on Business Rift with Abiola Family, counters Fraud Allegations

Fresh details have emerged from the Managing Director/Chief Executive Officer of Duport Midstream Company Limited, Dr Akintoye Akindele, on a business dispute he has with the family of the late MKO Abiola. In a short video he released on Tuesday,…