Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2017

FG, Ukraine to seal MoU deal on space technology

A document to be signed by Nigerian government and Ukrainian government in advancing space and satellite technology is getting set at the Office of the Minister of Science and technology, Dr. Ogbonnaya Onu. This was revealed during a recent courtesy…

Trump begins inroad to Nigeria to oust China as US security chief visits NAF

Though the visit is the first United States of America’s military brass after the inauguration of ageless Billionaire Donald Trump as US President, followers of his US delivery tactics say he may have detailed the officer to look at the…

Don’t leave MP rates untouched at the end of your MPC meeting today—LCCI tells CBN

The leadership of the Lagos Chamber of Commerce and Industry (LCCI) has called on the members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) not to prolonged effect of illiquidity in the foreign exchange market…

Ecobank’s Masterpass gets high patronage amidst squeeze in economy

Many Nigerian firms and mainly banks have even before recession worked out several growth and hard times survival strategy even in hard times and most of the models are gaining ground, thus raising the hopes of early exit from recession….

Rising external reserves not reflecting in economy, GDP—Igboanugo

Many financial sector pundits are beginning to query the rationale behind the acclaimed rising Nigeria’s external reserves which recently jumped by 15% in three months to hit new record $27.4bn. In an interview with leading financial analyst, Dr. Ken Igboanugo,…

Trump: Fears over possible cancelation of US deal to grow Africa’s power sector

Considering the not-yet-clear African foreign policy direction of the new US government lead by Mr. Donald Trump, many African economies who would gain from the last minute deal on electricity for Africa signed by the former US secretary of state,…

Atcon teniola
ICT

Existing 26 taxes killing telecoms industry, no to CST—-Teniola, ATCON boss

When this battle started late last year, stakeholders kicked against it even as the federal government seemed to have connived with the lawmakers to drag on imposition of 9% Communications Service Tax (CST) at the National Assembly. In this interview…

ICT

Nigerian .ng domain uptake craws to 75,000 active websites in 22 years—NiRA

The President, Executive Board of Directors, Nigeria Internet Registration Association (NiRA); Reverend Sunday Folayan has disclosed that at the end of 2016, there are over 75000 registered and active website using the domain name, .ng. Giving a rundown of the…

Iot
ICT

Raise capacity; make regulations flexible for youths to fit into emerging ICT jobs—Report

The Foresight African Report (FAR) 2017 has revealed that African governments and Nigeria in particular have the best chance to grow new job opportunities for youth population if they can review and recalibrate their relevant regulatory frameworks and deepen capacity…