Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2024

On China’s 1,813km Haoji Railway Bridge

This is the 1,813 kilometer Haoji Railway Bridge in China. It is the longest heavy-duty railway bridge in the world, the bridge is used for coal transportation. The total cost was around $28 billion USD. It was built to haul…

Mutlichoice-DStv
ICT

Court slams N150m charges on MultiChoice, Free One Month on DSTV, GOTV

The Competition and Consumer Protection Tribunal has fined the prominent Pay-TV operator, Multichoice Nigeria, owners of DSTV, GOTV, ₦150 million for disputing the court’s jurisdiction, and ordered the company to provide Nigerians with a one-month free subscription to its subscribers….

Ibom Air Celebrates 5th Anniversary, Sustainable Growth

Nigeria’s leading airline, Ibom Air, Friday, celebrated its 5th anniversary, marking a significant milestone on its journey to provide reliable, exceptional air travel services in Africa. Since inception, Ibom Air has been committed to offering world-class schedule reliability, on-time departures…

TotalEnergies, Air Products Seal Pact on Refinery Decarbonization in EU

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70,000 tons of green hydrogen starting in 2030. This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500,000 tons per…

Shareholders set to approve Shelter Afrique’s change program at 43rd AGM

Shelter Afrique Development Bank’s (ShafDB) 43rd Annual General Meeting (AGM) scheduled to take place from 11-13 June 2024 in Kigali, Rwanda is expected to consolidate the institution’s transformation agenda. In a landmark decision at an Extraordinary General Meeting (EGM) held…

Bunkering, Pipeline vandalism, Piracy, Others Ending Soon—Defence Minister

The Minister of Defence, Mohammed Badaru Abubakar, has restated Government’s commitment to tackle the challenges facing the nation such as illegal bunkering, pipeline vandalism, piracy, illegal fishing, and water trespassing, among others. Speaking at the graduation ceremony of the Maritime…

Minister Hails NCDMB, Nedogas Strategic Partnership, lists benefits of Facility

The Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has commended the Nigerian Content Development and Monitoring Board (NCDMB) and Nedogas Development Company Limited for initiating and successfully executing the 300 million standard cubic feet (MMscf) Kwale…

ICT

From the Stage to Your Home: Win Big with TECNO, Nigerian Idol

TECNO is known for backing great things, and its partnership with Nigerian Idol has been nothing short of spectacular. As TECNO is set to propel another Nigerian Idol hopeful toward their dream stardom, they’re also making sure viewers are included…

Tinubu administration diverting funds via veiled petrol subsidy

…Should be courageous in owning its policies and outcome, accountable to Nigerians The Presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has accused the Bola Tinubu administration of diverting public funds through petrol subsidy,…

Nigeria Customs, FRSC in Synergy for Security, Revenue Generation

The Comptroller-General of Customs (CGC) Adewale Adeniyi, on 5 June 2024 at the Nigeria Customs Service headquarters in Abuja, promises to synergise with the Federal Road Safety Corps (FRSC) to provide adequate security and revenue generation. While congratulating the newly…