Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Why is Air Peace being nice to Nigeria?

Asks Fred Chukwuelobe I mean, why is Chief Barr Allen Onyema wasting millions of naira airlifting Nigerians stranded in war-torn Sudan? Why is he not charging the country whose leaders budgeted about $1.2m for hired buses to drive through harm’s…

Ajay Banga becomes World Bank CEO effective June 2

The World Bank has announced the appointment of Ajay Banga as its next president. A statement by the bank said he was selected by executive directors of the bank for a five-year term beginning 2 June. Mr Banga brings with…

NPA hasn’t increased tariffs since 1994—MD

The Managing Director of the Nigerian Port Authority (NPA), Mr Muhammed Bello-Koko has disclosed that since 1994, the Authority has not reviewed its tariff upwards, saying the development is part of efforts to encourage patronage of Nigerian ports even in…

ICT

NITDA, NYSC partner o on Scaling Awareness, Adoption of Emerging Tech

The Director-General of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, CCIE, has given a nod to the partnership proposal by the Director-General of the National Youth Service Corps (NYSC), Brig Gen.Yushau Dogara Ahmed. The new partnership is…

Ghana understudying Nigeria’s Cabotage Regime—NIMASA DG

The Ghanaian Maritime Authority (GMA) has commenced a 10- Day programme to understudy the implementation of the Coastal and Inland Shipping Act also known as the Cabotage Law in Nigeria under a collaborative arrangement with the Nigerian Maritime Administration and…

Trade Fair Stakeholders Demand new high-powered transformer from NERC, Eko Disco

Considering the endless electricity crisis rocking the entire Lagos International Trade Fair complex, the umbrella body for the over 17 business associations plying their trade at the massive complex along Badagry Expressway, the Trade Fair Stakeholders’ Association (TFSA), has written…

ASPMDA Geo-Political Zone Unity Cup begins with Goalless Draw in Lagos

The 2023 Auto Spare Parts & Machinery Dealers’ Association (ASPMDA) Geo-Political Zone Unity Cup Championship Thursday, May 4, 2023, kicked off with a goalless draw between defending champion, G25 and OAU at the First Bank Sports Complex, Satellite Town, Lagos….

NSC’s Board, Management commiserate with the Orakwusi family

The Board and Management of the Nigerian Shippers’ Council (NSC) have paid a condolence visit to the family of late Barr. Mrs. Margaret Orakwusi. In a condolence letter presented by Mallam Samaila Abdullahi the Chairman of the Council’s Governing Board,…

Shelter Afrique set to hold 42nd AGM in Abuja next week

All is set for Nigeria to host Shelter Afrique’s 42nd Annual General Meeting, which will also cover a ministerial roundtable and some interlinked business activities as part of the proceedings, the pan- African housing development financier has disclosed. The event…

Blockchain banking
ICT

Buhari approves National Blockchain Policy

The Federal Executive Council approved the National Blockchain Policy for Nigeria at the Wednesday’s Federal Executive Council (FEC) meeting of 3rd of May, 2023.  This followed the presentation of a memo by the Minister of Communications and Digital Economy, Professor…