Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Confusion as Nigeria goes missing on ‘Where to invest in Africa’ Report

Latest report published by leading Africa’s investment directory, Rand Merchant Bank, has shown that Nigeria, as an investment destination in Africa in 2018 is off the radar. This means that there is high tendency that global investors are not satisfied…

Fake agents, area boys’ now rent unoccupied houses in Abuja, Lagos

…Police begins trail of syndicates in Lagos Fake housing agents and in some cases, area boys’ are now duping desperate house seekers in cities like Lagos and Abuja where there are several choice estates and completed houses that have stayed…

Listing of MTC on Cryptocurrency Exchange fires market bulls in Dubai

The recent listing of Money Trade Coin (MTC), the new age cryptocurrency, on Nova Exchange has raised excitements amongst its investors’ in Dubai. This is as immediate trading began after the launch by Money Trade Coin’s founder and CEO, Mr….

OPEC’s cut holiday, fate of naira to shape MPC decision Tuesday

As the key decision making body of the nation’s monetary policy, the Monetary Policy Committee (MPC) begins its strategic two-day meeting today in Abuja, analysts say Friday’s decision by OPEC to retain cut exemption for Nigeria and the current strength…

Oil thieves’ll kill planned DNA fingerprints on Nigeria’s crude—Expert

Just as the Federal Government has promised that by the end of this year, it will start conducting deoxyribonucleic acid finger-printing of the country’s crude oil in order to identify theft and apprehend criminals, leading forensic analysts, Dr. Peter Ilori…

Cut oil contract procedure to save cost, project abandonment, ICA tells FG

The Registrar and Chief Executive Officer of the Institute of Credit Administrators (ICAs), Dr. Chris Onalo, has joined other oil and gas industry experts to call on the federal government to review the current Oil Contracting Process Policy (OCPP) which…

TCN, WAPP begins second to 330 kilovolt (kV) transmission line Benin Rep

Having observed that the first supply line is getting constrained as usage and industries surge in Benin Republic, the Transmission Company of Nigeria (TCN) and the West African Power Pool (WAPP) have initiated plans to build a second 330 kilovolt…

OPEC deepens Nigeria’s economic recovery by staying oil cut exemption

A star indications that Nigeria’s economy is set to sustain recovery from recession emerged Friday following the meeting of the Joint Ministerial Monitoring Committee of the Organisation of Petroleum Exporting Countries (OPEC)  and non-OPEC members which ended in Vienna with…

CBN changes narrative on cause of poor W’Bank ranking

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has unveiled a key factor that is rarely mentioned when factors frustrating ease of doing business in Nigeria are discussed. The World Bank had some months ago labeled Nigeria…

‘African ports missing in ‘Maritime Standard Awards 2017’

The release of finalists in the 2017 Maritime Standard Awards in Dubai has shown that no African nation made the list, upon the fact that out 54 African nation, about 34 are maritime nations. Details released in Dubai on Sunday…