Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Ecosystem: Dangote Cement donates 25,000 waste management bags

Plant Director, Dangote Cement Ibese Plant, Mr. Azad Nawabuddin (middle) presents the bags to the CEO, Niels Deck Nig. Limited, Mr. Daniel Akpan (second left) with the participation of the Technical Assistant to the Plant Director and Head, Alternative Fuel,…

LASG announces Traffic Diversions as Buhari visits today, tomorrow

The Lagos State Government has announced that traffic will be restricted on Monday 23rd January with diversion on the Island on Tuesday 24th January, 2023 in preparation for the visit of Mr. President to Lagos State. In a statement released…

NAN renews demand for replacement of faulty supplied IVM products

News Agency of Nigeria (NAN) has demanded the immediate replacement of a new bus supplied to the agency by Innoson Vehicle Manufacturing (IVM) Company Limited. The demand was made in a letter the agency despatched to Innoson even as it…

FG restates resolve to entrench efficient freight forwarding system

The Minister of State for Transportation, Prince Ademola Adewole Adegoroye has reaffirmed the Federal Government’s resolve to entrench effective and efficient freight forwarding system in the country. The Minister stated this in Kano State recently at the commissioning of the…

As Buhari commissions Lekki Deep Seaport in Lagos; Issues

The unspoken challenge is the encroachment on land around the Lekki port and the future problem of congestion. Unless the state government takes drastic action under the Land Use Act to acquire land in the public interest for the future…

ARB 2023: Nigeria leads other 18 economies on cyber, business, energy crisis

It is both stability and change in the Allianz Risk Barometer 2023. Cyber incidents and Business interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses). However, it is Macroeconomic developments…

Cordros Weekly Economic Report on Globe, Nigeria

According to China’s National Bureau of Statistics (NBS), the world’s second-largest economy grew at a slower pace by 2.9% y/y in Q4-22 (Q3-22: +3.9% y/y), bringing the 2022FY growth print to 3.0% y/y (2021FY: +8.4% y/y). Excluding the 2.2% y/y…

Historic picture; important lessons, appearances can be deceptive

Historic picture; important lessons: 1986 world cup photo of Maradona, Pele, and Platini. Then Maradona campaigned against drugs, Platini against corruption, and Pele stood for the rights of the children. Time passed by. Maradona became a drug addict. Platini was…

Petrol Stations on Highways to close by 4pm in Lagos—LASG

To curtail disturbing traffic gridlocks during Lagos evening peak hours, the Lagos State Government has ordered all filling stations on the state’s highways to operate between 9.00am and 4.00pm each day. The move according to the Commissioner for Transportation, Dr….

NCDMB boss wins Leadership Local Content Champion of the Year

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has been selected as the recipient of the Leadership Local Content Champion of the Year Award by the Board of Editors of the Leadership…