Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2024

IOCs potting for our Oil Refinery to fail—Dangote

Vice President, Oil and Gas at Dangote Industries Limited (DIL), Devakumar Edwin, has accused International Oil Companies (IOCs) in Nigeria of doing everything to frustrate the survival of Dangote Oil Refinery and Petrochemicals. Edwin said the IOCs are deliberately and…

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Get Exclusive Rewards with TECNO’s Mid-Year Sales

As we find ourselves right in the heart of the year, TECNO invites you to embark on an exhilarating journey with the TECNO Mid-Year Sales Promo! From June 10th to July 20th, 2024, get ready to immerse yourself in a…

1st Nigerian Gold transaction adds $5m to foreign reserves

Solid Minerals Development Minister, Dr. Dele Alake has commended President Bola Ahmed Tinubu for supporting reforms in the solid minerals sector, assuring that the National Gold Purchase programme will increase the country’s reserve and boost the naira’s value. Presenting the…

NIMASA Ready for Commemoration of Seafarers’ Day

All is set for Nigeria to join other nations across the globe in celebrating the Day of the Seafarer 2024. The Minister of Marine and Blue Economy, Adegboyega Oyetola, and his counterpart Minister of State, Labour and productivity Honorable Nkeiruka…

NNPC Ltd Set to Deliver Gas Revolution with OB3 Gas Pipeline Project

The Nigerian National Petroleum Company Limited (NNPC Ltd) is set to deliver the Obiafu-Obrikom-Oben (OB3) Gas Pipeline project. Group Chief Executive Officer of NNPC Ltd, Mr. Mele Kyari, confirmed this during an inspection tour of the OB3 pipeline River Niger…

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NDLF: NITDA to Deliver Initiatives through Innovative Ideas

Poised to deliver digital literacy campaign of the National Information Technology Development Agency (NITDA), the Director General, Kashifu Inuwa has said the Agency’s committed to achieving 70% digital literacy level by 2025 through innovative approaches in delivering initiatives, continuous collaborations…

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NIMC Denounces Data Compromise Allegations

The National Identity Management Commission (NIMC) wishes to debunk the exposure of sensitive data of Nigerian citizens as it concerns the Commission amongst many other data-collecting agencies, as alleged and reported. The Commission, at this moment, assures the public that…

IMSG Begins Construction of New Owerri Central Market Complex

Governor Hope Uzodimma of Imo State has said that the Owerri Central Market Complex cited along Port Harcourt Road, Owerri, will be a source of blessing to Imo State and Nigeria at large when completed. Governor Uzodimma made the remarks…

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Nigeria still remains investors’ heaven—Zinox Chairman

Africa’s leading indigenous technology investment giant and chairman of Zinox Technologies and Konga Group, Leo-Stan Ekeh has once again, expressed confidence on the Nigerian economy as a good investment destination in Africa. Speaking to a select media chiefs in a…

Onne Customs Area 2 Command Rakes in N249.75bn in 5 Months

The Nigerian Customs Service (NCS) Area 2 Command, Onne in Rivers State has made a revenue generation of ₦249,752,268,298.28 between January and May 2024. This was made public by the Area Controller, Compt. Mohammed Babandede during a Press briefing in…