ARB 2023: Nigeria leads other 18 economies on cyber, business, energy crisis
It is both stability and change in the Allianz Risk Barometer 2023. Cyber incidents and Business interruption rank as the biggest company concerns for the second year in succession (both with 34% of all responses). However, it is Macroeconomic developments…
Cordros Weekly Economic Report on Globe, Nigeria
According to China’s National Bureau of Statistics (NBS), the world’s second-largest economy grew at a slower pace by 2.9% y/y in Q4-22 (Q3-22: +3.9% y/y), bringing the 2022FY growth print to 3.0% y/y (2021FY: +8.4% y/y). Excluding the 2.2% y/y…
FG revokes 3,402 mining titles, generates paltry N3.7bn in 2022
For defaulting on the terms of their licences, the Federal Government has revoked titles of 3,402 mining companies. The disclosure was made by the Director General of Nigeria Mining Cadastre Office, Mr Obadiah Nkom, during a State House briefing organised…
Escaped captive Tiger euthanized in South Africa
A captive tiger that escaped from a private farm near Johannesburg in South Africa over the weekend has been euthanized (killed mercifully). Edith Kabesiime, Wildlife Campaigns Manager at World Animal Protection says; “Sheba the Tigress’s life has been ended prematurely…
Urbix to develop quality anode materials for SKO lithium-ion batteries
Urbix Inc (Urbix)., the US-based environmentally responsible graphite processor, has announced today a Joint Development Agreement with leading global EV battery developer and manufacturer SK On (SKO). The new strategic partnership will see the companies collaborate to develop industrialized anode…
Delta Commission’s first floating market in Nigeria
Amidst calls for accountability on the released backlog of 13% derivation on oil states by the Federal Government, the Delta State Government weekend, commissioned a multi-billion naira Floating Market in Delta State. The facility was located in Warri North Local…
NLNG Media Chief, Adeyemi now Director IABC Membership
The Head Media Relations and Corporate Communication at Nigeria Liquefied Natural Gas (NLNG), Mr Yemi Adeyemi has been appointed as Director of Membership for International Association of Business Communicators (IABC). Business Hilights recalls that IABC is the only global association…
Africa’s Music Superstars Storm Dakar for 8th AFRIMA in Senegal
As time closes in for the highly anticipated 8th edition of the All-Africa Music Awards (AFRIMA) tagged ‘Teranga Edition’ scheduled to hold in Dakar, Senegal on 12-15 January 2023, the award organisers have unveiled a stellar line-up of music performances…
New diaspora body, FGNF to scale up national development
A new diaspora group, Forum of Global Nigerian Professionals (FGNP), has emerged to coordinate and boost developments in the country. In a statement by the group, the forum said the formation of the think-tank was driven by the hunger for…
Fulani Herdsmen collapse foreign investment in agric sector by 37.9%
Due to the fear of the Presidency, nobody wishes to talk about the reality of Fulani herdsmen attacks in farmlands across the nation. President Muhammdau Buhari is a Fulani man from Katsina State. However, the apparent reflection of the attacks…
