Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2017

launch of Abuja DSO
ICT

2 months to DSO, how ready are NBC, stakeholders to avoid another miss of deadline

No doubt, many Nigerians are yet to understand the meaning of Digital Switch Over (DSO) expected to take off in Nigeria from June 17 this year. Already, some strategic cities are on board DSO including Abuja which was launched recently…

Uwaje C
ICT

Yudala has what other competitors’ don’t have in eCommerce space—Chris Uwaje

Given its strategic positioning and futuristic combination of online and offline in the Nigerian e-commerce industry, Dr. Chris Uwaje, former President, Institute of Software Practitioners of Nigeria (ISPON), has disclosed that e-commerce company Yudala has the potential of breaking the…

Banks killing ease of doing business for startups, charges N10,000 for confirming CAC cert

Even though the Vice President, Prof Yemi Osinbajo had on Tuesday urged the banking sector to support the country’s Economic Recovery Growth Plan (ERGP), a new survey report by Business Hilights has revealed how commercial banks bleed between N6,000 to…

Inability of FG to harmonise roles of development banks’ causing confusion, leakages

Investigations by Business Hilights on the activities of three major development banks of the federal government have revealed strong possibilities of roles overlap, redundancy and leakages of funds for development into wrong hands. A report by the leading online publication…

‘Leakages, corruption may frustrate chances of early exit from recession’

Contrary to trending speculations by the Central Bank of Nigeria (CBN) and some development analysts that Nigeria may exit recession by third quarter. a traditional ruler, the Elerin of Adanla Kingdom, in Ifelodun Local Government Area of Kwara State, Oba…

Again, FG to dredge 152 Km Ajaokuta-Onitsha River Niger waterways

Not up to four years of the initial multi-billion naira dredging deal carried out by former administration from Warri in Delta State through Onitsha in Anambra State to Baro in Kogi State, another whooping amount is set to go away…

Season of Nigerians deportation continues as Libya repatriates 253

About 253 Nigerians have been repatriated from Libya. They arrived at the Murtala Muhammed International Airport, Ikeja, aboard an airbus belonging to Libyan Air, touched down at the airport around 6.45pm on Tuesday. Whereas the deportees were assisted back into…

Shell successfully completes Bonga oil field TAM, resumes production on record time

Chances of increased oil production and sales are becoming clear following the successful completion of turnaround maintenance (TAM) on the offshore field of the Bonga oil field, the nation’s first deepwater development. Business Hilights recalls that earlier in March, Shell…

FG’s Anchor Borrowers Programme under threat, 5, 968 rice farmers bolt away with loan

Indications have emerged showing that the well publicized possibility of Nigeria becoming a rice exporter before the end of the year may not be a reality after all. This is based on the fact that about 5,968 rice farmers who…

Industry

Global best practices attained only by hardwork, dedication, training—NPA MD, Usman

The Managing Director of the Nigerian Ports Authority, Hadiza Bala Usman has charged the Executive and Management teams of the Organization to work harder in order to make Nigerian Ports competitive, efficient, effective and up-to-date in global best practices technologically…