Business Hilights

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Business Hilights

LAWMA may become redundant, if Visionscape succeeds, but…

The observed little or no involvement of the Lagos Waste Management Authority (LAWMA) in the emerging wave of waste management in Lagos speaks volume of what becomes of the agency if the scheme consolidates. Whereas analysts say the new scheme…

Two years after, NIMASA mulls Cabotage compliance strategy

More than two years of his appointment, the Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dakuku Peterside, has introduced New NIMASA Cabotage Compliance Strategy (NCCS) towards the actualization of a successful coastal and inland trade regime….

MAN, NNPC partner to build capacity of seafarers

The management of the Maritime Academy of Nigeria (MAN), Oron, and executives of the Nigerian National Petroleum Corporation (NNPC) and other major oil exploration firms in the country have sealed an agreement for the training of seafarers from the Niger…

FG seals 30 year concession of narrow gauge rail with GE, seeks fresh Chinese $6bn loan

The Federal Government may have sealed a build and operate concession agreement with General Electric (GE) to rehabilitate and run two of Nigeria’s narrow gauge rail lines for a period of 30 years. Major attraction of the government to the…

Finally, Presidency approves 2 modular refineries in each 9 N’Delta states

Fresh relief is underway for the nine oil producing states as the Presidency on Thursday said each of the Niger Delta states would host two modular refineries under the Federal Government’s programme to discourage the rising trend of illegal refineries…

Bharti Airtel
ICT

Bharti Airtel may change thought on African operations following $52m profit in Q1

…May revise to join in bid for 9Mobile Parent company of Airtel Nigeria, Bharti Airtel who recently created an impression of reducing stakes in Africa may begin to change its mindset considering a strong profit of about $52million  it recorded…

MTN shop
ICT

MTN transiting from losses to profit-making after turbulent 2016, but…

Surprisingly, even as subscriber base of the group is nose-diving in both Nigeria and Ghana,  the MTN group, indigenous continental largest telecoms operator has moved away from a turbulent 2016 characterised by fines and sanctions to profit regime. MTN said…

Chris Ngige
ICT

Lazy employees in trouble as Agile Group introduces solution to track them on duty

Canada based technology solutions provider, Agile Advisor has landed in Nigeria with the aim of providing solutions for employers to maximize the potentials of their workers who had been in the habit of evading duties at the expense of the…

Disquiet in oil & gas, IT, construction sectors over expatriate certification policy

Anxiety, apprehension and confusion can best be used to describe the scenarios now playing out in several companies dominated by expatriates after the announcement by the federal government on Wednesday that it has approved a new policy which stipulates that…

Fidelity Bank working to create Aliko Dangotes of tomorrow—Okonkwo

The Managing Director/Chief Executive Officer of Fidelity Bank Plc., Mr. Nnamdi Okonkwo, has vowed to raise new set of industrialists like the leading industrial giant of present Africa, Alhaji Aliko Dangote, using a world class partnership with the Anambra State…