Business Hilights

Tracking Nigeria's Headline Business News Online

Month: October 2016

Dangote Foundation deepens micro grants for poor women

Dangote Foundation, a multi-purpose grant-making vehicle driving interventions in critical sectors including education, health, population and community have started a scheme targeted at vulnerable women in select states of the federation. It would be recalled that the Foundation few years…

Paying contractors will ease recession, says Fashola

The Minister of Power, Works and Housing, Mr. Babatunde Fashola has revealed that part of his ministry’s contributions to the fight against recession is to ensure prompt payments of contractors handling jobs for the federal government. Speaking at the annual…

Zenith MD
ICT

Zenith Bank builds, donates modern ICT Centre to UNN

Commercial banking giant, Zenith Bank Plc, weekend, handed over a completed and furnished ultra-modern ICT Centre to the University of Nigeria, Nsukka as part of its Corporate Social Responsibility (CSR) crusade across the nation. The centre came with several state-of-the-art facilities,…

AU adopts charter on ending illegal fishing, piracy

The African Union weekend adopted an agreement on piracy, illegal fishing and maritime security at a summit in Togo. During the summit, Congolese President Denis Sassou Nguesso said “We are happy to announce the adoption and signing of a charter…

Management killing monetisation policy, railway workers tell FG

The Nigerian Union of Railway Workers’ (NURW) and the Senior Staff Association (SSA) of the Nigerian Railways Corporation (NRC) have jointly sent a petition to the Presidency, the national Assembly and House of Representatives, alleging non-implementation of the monetization policy…

94 shops, goods worth billions razed in Yaba Market

It was not good news for owners of shops at the popular Yaba Market in Lagos, opposite the Presbyterian Church, as an early morning fire yesterday razed 94 out of the 201 shops. The fire was said to have started…

Ali begins cleansing, fires 17 officers for drug addiction, forgery

In line with his primary assignments which include revenue generation, fighting corruption in the service and reforming Customs for the better, Comptroller general of Customs, Col. Hameed Ali weekend fired 17 junior officers of the Nigeria Customs Service (NCS) from…

NIMASA plans to boost trade facilitation on coastline

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has highlighted the importance of maximizing the benefits of Nigeria’s vast coastline to facilitate trade in the West African sub region. Dr. Peterside made this…

ICT

Etisalat introduces Easylife Complete

As part of efforts to deliver better customer experience and value for money, telecommunications giant, Etisalat Nigeria, has launched a new tariff plan called Easylife Complete. Easylife Complete isa simple flat tariff plan that allows customers to enjoy calls to…

Why CBN allowed only First Bank to sell Dollar to BDCs

More facts have emerged as to why the Central Bank of Nigeria (CBN), last week banned other commercial banks from selling forex to Bureaux De Change (BDCs) except First Bank Plc. Investigations revealed that whereas First bank have continued to…