Business Hilights

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Business Hilights

Ministry misleading local, foreign investors’ on Ajaokuta Steel crisis—GSHL

After its immediate rejection of federal government’s public notice through the Ministry of Sold Minerals, Global Steel Holdings Limited (GSHL) has again objected to current information posted on the ministry’s website suggesting that issues bordering on the erstwhile concession agreement…

FG inspects Gold mining sites, sets aside N5bn for artisan miners

For the first time in the history of the federal Ministry of Mines and Mineral Resources, a serving Minister, on Saturday inspected just one of the gold mining sites filled with artisan miners. The minister, Dr. Kayode Fayemi inspected the…

Varsities in trouble again as key unions resume indefinite strike today

For the inability of the Federal Government to clarify the criteria for the disbursement of the N23 billion it released to the Academic Staff Union of Universities (ASUU), while only pittance was allocated to the three non-teaching staff unions, the…

Unilever restates commitments to community health, oral hygiene

Leading manufacturers of fast Moving Consumer Goods (FMCG), Unilever Nigeria Plc, has restated its commitment to the health and well-being of community dwellers in the country. President of Unilever Africa, Bruno Witvoet, made the commitment during a social mission and…

Breaking: Nigeria draws in Group D with Argentina, Iceland, Croatia

Chances of meeting Argentine national team again emerged Friday as Nigeria draws the country alongside Iceland (a nation of 330,000 population) and Croatia in the FIFA World Cup Draws held in Russia on Friday. Business Hilights recalls that Nigeria’s Super…

UBA sweeps laurels at 2017 Bankers Award in London

In what can best be described as the Oscars of the Financial Industry, leading Pan African financial institution, United Bank for Africa (UBA) Plc, was earlier in the week, crowned by The Bankers’ Magazine as the “African Bank of the…

Dangote Jumia
ICT

Dangote Cement, Jumia Nigeria seal online purchase deal for Lagos, PH, FCT

A new vista in online shopping has been unveiled in Nigeria between leading cement group, Dangote Cement and online shopping giant, Jumia Nigeria in Lagos. According to the deal, Nigerians and corporate bodies wishing to purchase cement from 300 bags…

solar panels
ICT

Burkina Faso beats Morocco, unveils largest solar power plant in Africa

Morocco was earlier this week dethroned as the African nation with the largest solar panel farm as West Africa’s biggest solar power plant goes on stream in Burkina Faso. Analysts say the plant the new deal will substantially reduce existing…

Nollywood Nigeria
ICT

200 illegal websites pirating Nollywood members’ works—-ANOGA

The Alliance of Nollywood Guilds and Associations (ANOGA) on Thursday, revealed that no fewer than 200 websites have been pirating the Nigerian creative contents in the last 12 months using their Intrusion Prevention Systems (IPS) domiciled in the country. In…

NCC takes Consumer Conversation to Abakaliki

The Enugu Zonal Office of the Nigerian Communications Commission (NCC), on Thursday held a Consumer Conversation forum at Abakaliki Local Government Area Secretariat in Ebonyi State. Officials say the event is in keeping with NCC’s year long programme of Year…