Business Hilights

Tracking Nigeria's Headline Business News Online

Industry

Lafarge names new CFO, commission’s homes for Ogun host communities

The Board of Directors of Lafarge Africa Plc has announced the appointment of Mr. Bruno Bayet as the Company’s new Chief Financial Officer, effective October 1st, 2016. The group also commissioned new homes for the relocation of Oke-Oko Sekoni and…

Hilton Group Plans Africa’s Tallest Hotel In Lagos, Nairobi, Other Cities

Hilton Worldwide has signed a management agreement with Jabavu Village Limited to open in 2020 and joins 50 Hilton Hotels & Resorts properties trading or under development in 17 countries across Africa including Lagos. Already, plans are concluded to open…

Industry

Produce Quality Products For Foreign Exchange, Lokpobiri Charges farmers

Minister of State, Agriculture and Rural Development, Senator Heineken Lokpobiri has challenged farmers and other stakeholders to always carry out periodic examination of their products. This according to him is to limit the chances of fungal contamination, over use of…

Industry

INTELS Splashes N30bn On Host Communities In 10 Years

Concessionaire and one of the leading shipping logistics services providers at the Onne Free Trade Zone, in Rivers State,  the Integrated Logistics’ Limited (INTELS) has revealed that in the last 10 years, it has sunk an annual average of N3…

Dangote Vows To Scale Up Investments In Nigeria, AAI Names Him 2016 ABL

In recognition of his immense contribution to human capital development in Africa through the establishment of businesses across the African continent, a United States of America based Organization, Africa-America Institute (AAI) has honoured the President of Dangote Group, Aliko Dangote…

Oil & Gas, ICT Still Leading FDI Even In Recession—NBS

Details form an updated version of statistics released by the National Bureau of Statistics (NBS) have indicated resilience and pointer to the recent position of the Central Bank of Nigeria (CBN) that recession may abate by year end after all….

Local Rice Production Can’t Be Self-sufficient by 2020—Rice Farmer

Panel discussants at the just concluded made In Nigeria (MAIN) Summit and Exhibition in Lagos have said that the federal government’s dream of making Nigeria self sufficient in rice production by 2020 is not feasible going by the challenges faced…

Only Agric, Mining, Manufacturing Can Drive Diversification—Dangote

Guest speaker and President of Dangote Group, Alhaji Aliko Dangote, at the 44th Annual General Meeting (AGM) of MAN in Abuja has called on the Federal Government to centre its planned diversification of the economy on a tripod stand of…