Why we are building world largest single line refinery in Lekki—Dangote
African lead investor and industrialist, Alhaji Aliko Dangote has given fresh insights on his mission in in the development of Dangote refinery in Lekki Free Trade Zone, Lagos. In his welcome address, during a recent tour of his refinery by…
Cargo Defence Fund’ll assist Nigerian shippers recover brokerage losses—NSC
Cargo Defence Fund (CDF), a strategic window of assistance created by the Nigerian Shippers Council (NSC), is being revived to offer technical support to shippers who have run into losses due to poor handling of damages and brokerage logistics. The…
‘Registering yam farmers after resumption of export means planning to fail’
An expert in export processing in Lagos, Dr. Usman Dahiru has queried the meaning of building a data base for yam processors one month after the resumption of export, saying the government failed to do the needful ahead of time…
FG deepens rice backward integration scheme, flags of N10b mill in Kebbi
The coast is getting wider and clearer for the consolidation of Kebbi State as leading rice producing state in Nigeria as the Acting President, Prof Yemi Osinbajo has commissioned N10billion rice mill in Kebbi State, regarded as the largest in…
Henceforth site refineries only in producing areas—SE-SSG Forum
The real deal of the newly inaugurated South-East/South-South Governors’ Forum (SE-SSG Forum), who had their inaugural meeting in Enugu State recently, has emerged. In a statement endorsed by the interim chairman and Governor of Akwa Ibom State, Mr. Udom Emmanuel,…
Brexit: EU businesses considering building fresh economic hub in Paris
If the words of the HSBC Plc’s chief executive, Stuart Gulliver, on Monday that creating a new hub in Paris could cost up to $300 million, is anything to go by, there are chances that key European Union (EU) leading…
Why FG didn’t use GIFMIS on 2017 budget, plans scheme for 2018
The Director-General of Budget Office of the Federation, domiciled in the Ministry of National Planning, Mr. Ben Akabueze, has revealed that the inability of the federal government to train officials on the use of Government Integrated Financial Management Information System…
MDAs not leading in use of local products like PCs, cars bad for EO3—BH survey
Latest report by the Business Hilights Economic Research team (BHERT) has show that contrary to the ongoing campaign by the federal government through the issuance of the Executive Order (EO) 3 of May 18th , 2017 to drive local contents…
As NCC decries non-renewal of licences, Venn sees DPF killing remaining ISPs
Rising from a one day Stakeholders’ Forum on Internet Services Providers (ISPs) to look at how best to grow the segment in Nigeria, the regulator, Nigerian Communications Commission (NCC) has on the rate of collapse of companies in the sector…
Fresh confusion in Niger Delta over lack of jobs for PTDF graduates
A looming danger is brewing in the oil rich Niger Delta of Nigeria following the rising number of youths who are trained under the Petroleum Technology Development Fund (PTDF), in various petroleum technologies, but nowhere to absorb them now. Otherwise,…
