Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2017

‘Probe source of $9.8m, £74,000 ‘gifts’ found in Yakubu, ex.GMD of NNPC’

Aggrieved Nigerians have called on the federal government to go a step further to investigate the sources of the $9.8m, £74,000 ‘gifts’ found in Andrew Yakubu, former Group managing Director of Nigerian National Petroleum Corporation (NNPC). In an interview, Lagos…

World Radio Day
ICT

NBC marks World Radio Day in Abuja, says DSO on course

The National Broadcasting Commission (NBC) has said Nigeria’s journey to successful transition from analogue to digital terrestrial transmission popularly called Digital Switch Over (DSO) is on course. Explaining issues during the marking of 2017 World Radio Day in Abuja, the…

ICT

Anxiety as Nigerians decry blockade by WhatsApp, Blackberry

As millions of Nigerians, who connect with their business associates, loved ones and family members through WhatsApp on some mobile phone operating systems have been blocked formally, there are indications that this may affect pace of Internet users in the…

Adebayo Shittu
ICT

African Internet Governance summit underway in Algiers

An international Conference on African Internet Governance in Algiers, Algeria has begun and the Minister of Communications, Barrister Adebayo Shittu, is currently representing the country at the summit. The Conference, jointly organized by the Algerian Ministry of Communications Technology and…

ibm
ICT

IBM plans big for Africa, votes $70m to grow cognitive IT skills

Leading global ICT services providers, IBM has begun investment of $70 million in deepening digital, cloud, and cognitive Information and Technology (IT) skills to drive knowledge economy quotient of  21st century workforce in Nigeria and other emerging economies of the…

Why NNPC now imports over 90% of petroleum products —Abiodun

The Chairman of Depot & Petroleum Marketers Association (DPMA), Mr. Dapo Abiodun has given insights on why his members are no longer involved in the importation of petroleum products especially Premium Motor Spirit (PMS), popularly known as petrol. In an…

Ecobank relying on digital technology to grow customer base above 100m in 3 years

Just as financial technology adoption is growing within the banking world, more future complaint financial institution have started incorporating their operations with the needed technology infrastructure to meet the innovative demands of emerging banking regime. Leading Pan-African group, Ecobank Transnational…

Why FG may reverse forex restriction on 41 items, by Expert

A finance expert in Lagos, Dr. Umar Abdullahi has given more reasons why the federal government may be compelled to lift the restriction on 41 items. In an interview Monday, he told Business Hilights that “The hyper inflation currently hobbling…

Analysts divided on whether Whistle-blower’ll get their 5% in naira or dollar

The new policy of Whistle-blower has started yielding bumper results is no more news. What is now an issue of debate by observers is whether the blowers will be paid their five per cent in naira or the particular foreign…

Dangote to flag off 25, 000 hectares Outgrower scheme in Sokoto Wednesday

All is set for the official flag off pilot project of 500 ha by Gonroyo dam, in Goronyo community, Sokoto State tomorrow by Dangote Rice, a subsidiary of Dangote Group. Gonroyo dam is the second largest in the country, after…