Business Hilights

Tracking Nigeria's Headline Business News Online

Month: October 2016

VANSO Completes Merger With Interswitch, Set for New Growth Phase

Market leading mobile and security focused financial technology provider, Value Added Network Solutions (“Vanso”), has announced the acquisition of 100% of the equity in the company by Interswitch Limited (“Interswitch”), the leading pan-African digital payments and Commerce Company. Vanso is…

Address of Minister of Power, Works and Housing at the opening ceremony of Power-Nigeria Exhibition and Conference at Eko Hotels recently

Ladies and Gentlemen:   The number and array of exhibitors at this event clearly speaks volumes about the investment appetite for Nigeria’s power sector. More than anything that I could possibly say about the attractiveness of the Nigerian power sector;…

Can Stakeholders’ Stop NASS in passing CST Bill?

Certainly, the massive drop in oil revenue coupled with dearth of business enabling facilities have crippled government’s income base since the beginning of this administration. The development is now forcing government to scout for taxable entities in an economy that…

Akabogu gives insight to why importers prefer neighbouring ports

Leading maritime lawyer and analyst, Mr. Emeka Akabogu has explained why the Nigeria ports are being deserted by majority of Nigerian importers for ports of neighbouring Togo and Benin Republic. In an interview, he identified two principal factors working against…

Past governments ran economy without recourse to liabilities– Adeosun

More reasons on why the economy plunged into recession have emerged. Speaking in Abeokuta, the Ogun State capital during a meeting with States Finance Commissioners Wednesday, the Minister of Finance, Mrs. Kemi Adeosun revealed that one of the key safety…

More FG officials confuse Nigerians on way out of recession

Beginning from late last year, the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele said government will soon sale non-performing national assets to raise fund to rejig the economy. Only recently, the National Economic Council (NEC) advised the federal…