Business Hilights

Tracking Nigeria's Headline Business News Online

Day: September 15, 2023

NDDC, OGFTZA form synergy on industrial parks

The recent appointments at the The Niger Delta Development Commission (NDDC), has vowed to work with the Oil and Gas Free Trade Zone Authority (OGFTZA), on the construction of Niger Delta Industrial Parks. Dr. Samuel Ogbuku, Managing Director of the…

Just in: Tinubu names lagosian, Cardoso as CBN Governor

President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso to serve as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending his confirmation by…

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NITRA set for Multi-Sectoral Forum On Fintech on Oct 26 in Lagos

The Nigeria Information Technology Reporters Association (NITRA), has announced its upcoming event, tagged NITRA FINANCIAL TECHNOLOGY (FINTECH) FORUM 2023, slated to hold on Thursday, October 26, 2023 at CitiHeight Hotel, Ikeja, Lagos. The event, which will gather industry stakeholders in…

Wabote hails OGTAN over sustained performance

The Oil and Gas Trainers Association of Nigeria (OGTAN), a group of independent training providers in the Nigerian oil and gas industry received a pat on the back for a job well done as it presented its Review of National…

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National Institute Confers Fellowship on Danbatta

The Michael Imoudu National Institute of Labour Studies (MINILS) has decorated the Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Danbatta, with the award of Fellowship of the Nigeria Institute of Labour (NIL) under the Federal Ministry of…

CloD Nigeria to shape governance landscape – Onyema

The Group Chief Executive Officer, Nigerian Exchange Group Plc, Oscar N. Onyema, OON has said that the Chartered Institute of Directors, Nigeria (CIoD) can play a crucial role in promoting and shaping the governance and leadership in the country. Onyema…

Chevron companies up health, education capacities in Rivers, Yobe, Oyo States

Major oil and gas entities under Chevron in Nigeria including Chevron Nigeria Limited (CNL), operator of the joint venture between the Nigerian National Petroleum Company Limited (NNPCL) and CNL (NNPCL/CNL JV), Star Deep Water Petroleum Limited (a Chevron company) and…

Minister Charges Africa on Ratification of Blue Economy Conventions

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has charged member states on the need to achieve full ratification and domestication of all relevant instruments. Oyetola who also doubles as the Vice Chairman of the Abuja MOU spoke at…

Just in: Nigeria’s Inflation jumps to 25.80% in August

Nigeria’s headline inflation increased further by 172bps to 25.80% y/y in August (July: 24.08% y/y). Similarly, on a month-on-month basis, headline inflation rose by 29bps to 3.18% (July: 2.89% m/m). Food inflation maintained its uptrend in August, rising by 236bps…

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Concessioning of Onitsha River Port boost to Tinubu’s Blue Economy—NIWA MD

The successful concessioning of Onitsha River Port has been seen as one of the major boost to the current government’s drive to grow Blue Economy on one hand and a key achievement under by the National Inland Waterways Authority (NIWA)…