Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2024

Air Peace Begins Lagos to London Gatwick Next Month

The Nigerian carrier Air Peace will begin nonstop flights between Lagos and London Gatwick on March 31, 2024. The route will be operated five times weekly with the airline’s Boeing 777-200 aircraft. P47578 Lagos 00:10 – London Gatwick 06:40 P47579…

NNPC Boss Highlights Energy Security’s Role in Wealth Creation

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Mr. Mele Kyari, says no public wealth creation endeavour can achieve any meaningful success without energy security. The GCEO stated this in a presentation at the…

Reviving History: Meet Olabisi Ajala, aka ‘Ajala the Traveller’

According to history, Mr. Olabisi Ajala toured the world with his scooter in 1957. On April 27, 1957, Àjàlá began his famous world tour on a modified Vespa scooter. He visited India, the Soviet Union, the United Arab Republic, Iran,…

Sifax Boss, Afolabi set to Present OAU 2024 Convocation Lecture

The management of Ladoke Akintola University of Technology, Ogbomosho led by its Acting Vice Chancellor, Professor Rasak Olatunde Rom Kalilu paid a courtesy visit on Dr. Taiwo Afolabi, Chairman (CON), SIFAX Group recently. The visit aimed to inform the SIFAX…

FG voids self on not setting up Price Control Board as it pegs cement price

Less than one week after the President Bola Tinubu announced that his government will not support setting up of Price Control Board for commodities, the same administration and major cement manufacturers have pegged the price of 50kg bag of cement…

NAGAFF Founder Warns Forwarders Against False Declarations

Leading voice in Nigeria’s Maritime industry and founder of NAGAFF, Dr. Boniface Aniebonam has once again, warned Nigerian Freight forwarders and mainly his followers that “It is unfortunately disheartening that most freight forwarders have continued to inflict upon their principals…

Glo 88
ICT

Glo Flags Off Facilitation of Businesses with ‘SME in A Box’

National carrier and Digital telecommunications services provider, Globacom, is poised to add more value to small businesses in the country with the introduction of a new service called Glo SME in a Box. The package, which is designed to boost…

ICT

Integrate AI into Nigerian Security Architecture—NITDA DG

Kashifu Inuwa, the Director General of the National Information Technology Development Agency (NITDA), emphasized the potential for increased efficiency and effectiveness in Nigeria’s security sector through collaboration between the security industry and the startup ecosystem. Inuwa made these remarks while…

Dangote Cement Trucks Wrongfully Intercepted In Adamawa

The management of Dangote Cement Plc has stated that two of its trucks that were wrongly intercepted in Adamawa State have been released. The company stated the two trucks loaded with 900 bags of cement each from the Obajana Cement…

ICT

Northern Innovation: NITDA Commits To Growing Region’s Tech Ecosystem

In view of the relatively low visibility of the Innovation ecosystem in Northern Nigeria, despite being a region with hub of innovators, creatives, startups and several success stories, the Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa…