Business Hilights

Tracking Nigeria's Headline Business News Online

Udom Emmanuel

Udom Emmanuel boosts Ibom Air fleet to five, plans more aircraft

The government of Akwa Ibom has announced the arrival of two new aircraft which will be ready for commissioning before the end of the month. With the arrival of the two, fleet number will rise to five to make the…

Zinox Ekeh Ibom
ICT

Ekeh, Zinox icon gives insights on why Akwa Ibom is an emerging miracle state

Pioneer investor in computers/allied products and Chairman of Zinox Group, Leo Stan Ekeh has described Akwa Ibom as a miracle state, considering the current high quality of human and natural resources input mix in the state now. While pouring encomiums…

Ibom Air pledges daily Lagos-Abuja flights as Okorocha’s Imo Air varnishes in radar

More facts are still emerging from last weekend’s first commercial flight performed by Ibom Air, owned and operated by Akwa Ibom State government on Friday, June 7, 2019. This is as more than one year after the former Governor of…

Just in: Gov. Emmanuel unveils 2019 budget size of N670.718bn

…Tags it ‘Budget of Industrialisation for Poverty Alleviation’ The Akwa Ibom State Governor, Udom Emmanuel, Wednesday, presented the 2019 Budget Proposals to the State House of Assembly tagged, ‘Budget of Industrialisation for Poverty Alleviation’. Highlights of the proposals show a…

Ibom Deep Sea Port set for groundbreaking in November—AKSG

Contrary to insinuations in some quarters, the Akwa Ibom State Commissioner for Housing and Special Duties, Mr. Akan Okon, has disclosed that logistics are getting set for the groundbreaking ceremony of Ibom Deep Seaport, come November this year. He also…

Akwa Ibom-Sustainable Development in Nigeria’s Prime Investment Destination

(Sponsored) By Udeme Etukeyen Seen from afar, Nigeria is one large African nation and the continent’s most robust economy, but within the powerhouse that Nigeria represents there are several engines that drive the economy. Best known is Lagos State, which…

QIPPL seals community partnership agreement for seamless operations

Qua Iboe Power Plant Limited (QIPPL), operators of Qua Iboe Power Plant, has signed a community partnership agreement (CPA) with impacted communities in Akwa Ibom State to guide against eruption of hostilities. Business Hilights recalls that the QIPPL was initiated…

$1bn security fund: Oil states’ demand for 13% derivation in order—Lawyers

Since the presidential approval for the release of $1bn to fund the fight against insurgency was made, there has been rising demand by leaders of thought in the Niger Delta and adjoining oil states for the deduction and payment of…

Akwa Ibom flags off construction of coconut refinery to produce oil

Governor, Udom Emmanuel of Akwa Ibom State has begun the construction of a coconut oil refinery to produce industrial concentrates used in several manufacturing activities. Analysts say the oil has high level industrial and it remains one of the key…