Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Customs blocks criminal access to military camouflages, seizes container load in Lagos

Eagle-eyed monitoring and evaluation officials of the Nigeria Customs Service (NCS), Kirikiri Lighter Terminal (KLT) command have impounded a 40-feet container laden with 732 roles of plain army uniform and 666 camouflages to officials of the Department of State Security…

Rodents overrunning Buhari’s office means poor maintenance culture, but…

Fresh angle has emerged on analogies trailing why rodents were allowed to takeover President Muhammadu Buhari’s office and damage several furniture and electrical fittings during his 103 days medical vacation in London. Whereas many Nigerians who were disturbed on the…

Glo Ofala
ICT

Glo inks deal to sponsor Onitsha Ofala Festival for another 3 years

In keeping with its tradition of corporate support for arts and culture in Nigeria, Globacom, recently signed a fresh Memorandum of Understanding (M0U), at the palace of Obi of Onitsha, Igwe Alfred Nnaemeka Achebe to bankroll the Ofala Festival for…

ICT

Nigeria set to produce ‘Mark Zuckerberg’—NITDA boss, Pantami reveals

The Director General and chief executive officer of the National Information Technology Development Agency (NITDA), Dr. Isa Pantami has hinted that all things being equal, Nigerian startup ecosystem, with proper regulations and support, has what it takes to produce capacity…

Again, Court orders forfeiture of 56 houses traced to Diezani Alison-Madueke

Barley less than one month after a Federal High Court in Lagos, ordered a permanent forfeiture of twin palatial condominiums situated in choicest part of Banana Island in Lagos on grounds of being proceeds of crime, on Tuesday, another Federal…

Ambode reechoes devolution of power to states, fiscal federalism at NBA summit

Governor of Lagos State, Mr. Akinwunmi Ambode has called on lawyers in the country to raise their voices in support of the demand for devolution of power to States and fiscal federalism, especially the review of the current revenue sharing…

FG secures 20 hectres for ICT Varsity campus in Enugu—Minister

The Minister of Communications, Barrister Adebayo Shittu, has secured 20 hectares of land from the Enugu State Government for the Enugu Campus of the ICT University of Nigeria. In a letter of request for additional plots of land personally handed…

Ecobank redefines excellence in service delivery, opens lounge in P/Harcourt

As part of drive to deepen service delivery to premier customers, Ecobank Nigeria has opened a state-of-the-art banking lounge in Port Harcourt for the South South region of the country. Group Head of Personal Banking, Olukorede Demola–Adeniyi, said the banks’…

Two new private refineries coming in Rivers, Delta states this year—NNPC

Two consortia, LRR Group and JALEMBA Group are currently applying finishing touches and documentation ahead of take off of construction activities for their private refineries in both Rivers and Delta states before the end of the year. The two refineries…

Tightening global market pushing oil prices to heights

Due to supplies are gradually being squeezed globally especially in view of happenstances in the United States, oil prices rose on Tuesday and may continue the ride for this week. Brent crude oil was up 40 cents at 52.06 dollars…