Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Drop in Vehicle Imports hits PTML Customs Targets for 2024

Strong indications have emerged showing that the PTML Command of Nigeria Customs Service target of N414billion as revenue for the year 2024 may not materialize due to drop in vehicle imports. Public Relations Officer of the Command, Chief Superintendent of…

ICT

FG sets committee to monitor installation of CCTV on Abuja-Kaduna Road

The Minister of Defence, Mohammed Abubakar Badaru, has inaugurated the Project Implementation Committee for the provision and installation of security surveillance system for the Abuja-Kaduna Highways (Highways and Railways). The Minister said that the provision of the security solutions along…

Renewables: TotalEnergies, EE widen synergy on Offshore Wind

As part of its integrated development in electricity, TotalEnergies has signed a new agreement with European Energy (EE) to develop offshore wind projects in three Nordic countries: Denmark, Finland and Sweden. 405 MW of offshore wind power under development in…

ICT

Glo rewards long-serving staff, doles out millions

Nigeria’s telecommunications giant, Globacom, has appreciated its long-serving employees, raining millions of naira on them. The reward was part of the company’s 20th Anniversary and part of a staff appreciation party themed “Twenty and Unlimited” and held at the Eko…

Top 10 most valuable firms in Nigeria as of 18th Jan 2024

Dangote Cement– N8.3tn Airtel– N7.5tn MTN– N6tn BUA Cement– N4.6tn BUA Foods– N4.3tn Zenith– N1.4tn Seplat– N1.4tn GTCO– N1.3tn Geregu– N1.2tn UBA– N1.1tn They account for 74% of the total market ~ Source: NGX, Nairalytics

ICT

Anambra, US High-Tech Firms Seal Alliance on Technology

South Eastern State of Anambra has begun a strategic partnership on ICT with US-based Hi-Tech companies to grow the state. During a groundbreaking meeting held over the weekend, at the US Consulate General in Lagos, the Anambra State Government’s Executive…

Lekki Port Berths Largest Container Ship

Nigeria’s most modern and deepest seaport, Lekki Port, has successfully berthed the MAERSK EDIRNE, a 13,092 TEUs vessel. This is the largest container vessel, to ever berth in Nigeria till date. The container vessel docked at Lekki Port at 14.42…

Ibadan Explosion: Minister Awaits Forensic Investigation

Since the unfortunate incident of the Ibadan explosion, the Minister of Solid Minerals Development, Dr. Dele Alake swung into action immediately to ascertain the real cause(s) of the blast. President Bola Tinubu, it would be recalled, placed a phone call…

Unilever Nigeria closes OMO, LUX, Skin Cleansing Products, Lease Out Factory

UNILEVER Nigeria says it has stopped production and sale of home care and skin cleansing products — 10 months after the company announced plans to exit both markets. The company disclosed this in its unaudited interim financial statements for the…

‘With AccessMore App, customers go beyond banking’

The last time a family member of mine booked a plane ticket they had to go to the airport to do it. Imagine if you could book international flights from the comfort of your hands. Imagine being able to send…