Business Hilights

Tracking Nigeria's Headline Business News Online

Peugeot Automobile Nigeria (PAN)

Can Nigeria Machine Tools (NMT) Limited be saved or remain moribund?

Asks  Lasisi Kazeem Adebisi I saw this manhole cover on a sewerage line at Area 8, Garki-Abuja. What came to my mind when I read the inscription “NIGERIA MACHINE TOOLS” (NMT) was Osogbo. The dying engineering giant production company in…

DBN explains why banks classify MSMEs as high risk businesses

…Disburses N100bn to 95,000 SMEs across sectors The Managing Director, Development Bank of Nigeria (DBN), Mr. Tony Okpanachi, has given fresh insights on why many commercial banks and even finance houses decline loan requests from operators of Micro, Small and…

Over 45,000 capacity job-gap killing Nigerian auto industry—PAN boss

The Managing Director and Chief Executive Officer of Peugeot Automobile Nigeria (PAN), Ibrahim Boyi has raised fresh alarm on the disturbing nature of capacity job gaps in the nation’s auto industry, saying “There are over 45,000 capacity job gap in…