Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2017

LADOL’s MD, Jadesimi set to address Global Forum on Development in Paris

The Managing Director of the Lagos Deep Offshore Logistics base (LADOL), Dr. Amy Jadesimi, will early next month address a Global Forum on Development under the auspices of the Organisation of Economic Cooperation and Development (OECD), in Paris, France. The…

FG awards contract for Asaba, Onitsha access link roads to 2nd Niger Bridge

In continuation of show of seriousness in the delivery of Second Niger Bridge, the federal government has announced the award of contracts for the construction of two access roads from both ends to link the emerging bridge. The two access…

Fitch says banks’ financial stress may continue till year end due to operating environment

Fitch Ratings has explained that Nigerian banks will continue to face challenges this year, as many of the stress including non-performing loans and business squeeze in 2016 are persisting this year. Many of the debtors fingered in bank’s NPLs are…

ICT

NCC fine: Next installmental payment of N30b by MTN matures month end

Considering the agreed payment plan of the reduced N330b fine on MTN Nigeria for breaches in deactivating unregistered SIM cards by the Nigerian Communications Commission (NCC), the telecoms giant is billed to pay another tranch of N30bn by month end….

CTo taylor
ICT

Commonwealth Cybersecurity Forum seeks global approach to fight scourge

The Secretary General of the Commonwealth, Rt. Hon Patricia Scotland QC and the Chief Scribe of the Commonwealth Telecommunications Organisation (CTO), Shola Taylor have called for greater bilateral and multilateral collaboration between countries in the fight against cybercrime. The duo…

igp Idris
ICT

Nigeria Police sets record, now owns Radio, TV stations transmitting nationwide

The leadership of the Nigeria Police under the Inspector General, Mr. Ibrahim Idris has established a national broadcasting and radio service that will serve the entire nation. Details seen by THE WILL revealed that the broadcasting service will be managed…

Kemi Adeosun
ICT

Launched FG’s accounting software’ll drive financial discipline— Adeosun

Considering the gradual effectiveness of the Whistle Blowers Policy of the federal government, the Minister of Finance, Mrs. Kemi Adeosun has explained that the introduction of the accounting software was part of measures to improve Public Financial management across all…

Maritime stakeholders lend support to planned review of port concession by NPA

Members of the Seaport Terminal Operators Association of Nigeria (STOAN), have pulled their weight behind the managing director of the Nigerian Ports Authority (NPA), Ms. Hadiza Usman for her plans to review the over 10 years concession agreements’ with terminal…

Did the multi billion naira River Niger dredging actually take place?

The main aim of the former late President Umaru Musa Ya’Adua to dredge River Niger was to encourage inland waterway transport, but barely 11 years after the contract and almost eight years after acclaimed delivery, no activity of the inland…