Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2017

FRSC to join vehicle owners in prosecution if drivers break road safety rules

As part of renewed drive to curtail rising recklessness and abuse of road safety provisions, the Federal Road Safety Corps (FRSC) said on Wednesday that henceforth, owners of articulated vehicles including tankers and trailers are to be arraigned and punished…

Ambode sees better development of waterways as Court returns control from NIWA

The coast is now clear for the Lagos State Governor, Akinwunmi Ambode to unleash massive redevelopment of inland waterways in the state following the judgment of Appeal Court in Lagos which set aside the judgment of the Federal High Court…

Nigerians see hope for rural economy as Senate okays autonomy For LGs

Wednesday’s approval for clear autonomy for the third tier of government, the Local Government by the Senate during the clause by clause adoption of the amended provisions of the 1999 Constitution has started generating reactions from Nigerians. Currently, local government…

Abia mulls new EPZ codenamed ‘Enyimba Industrial City’ in Aba

As part of new drive to position Aba, Eynimba City as the pivot of South East industrial hub, the Abia State Governor, Dr Okezie Ikpeazu, has commenced plans to build the ‘Enyimba Industrial City’ that will make the State an…

Smart City Initiative is to drive cleaner, safer, productive Lagos—Ambode

The Lagos State Governor, Mr Akinwunmi Ambode has given more insights on the target of Smart City Initiative (SCI) of the government. Speaking on the issue recently, he said “Our smart city initiative will help to ensure that the state…

Oil sector in dilemma as wait for Buhari hangs marginal fields licencing

More business and economic development issues suffering the absence of the President and Commander in Chief, Muhammadu Buhari seem to be growing by the day. The latest in the row may be the proposed marginal oil fields licensing rounds by…

With Rivers experience, can Lagos own, manage planned 3,000MW power plant?

As River State government continue to decry its inability to access the independent power it built due to provision of the law which places transmission exclusively on the federal government, Lagos State Governor, Mr Akinwunmi Ambode has said his administration…

Jim Ovia
ICT

Can Ovia stir disruptions to begin second missionary journey with 9Moblie?

Though very limited number of analysts can direct their guesses along this line, it may not be out place for the young smart driven banker, Mr. Jim Ovia to take a second chance in the Nigerian telecoms industry. Given his…

Russia Putin
ICT

Russian parliament approves ban on anonymous internet access for security

As part of new cyber security measures, the Russian parliament’s upper house on Tuesday approved final ban on virtual private networks and other services that helped to provide anonymity for internet users. The bill, which was passed by the lower…

Shola Taylor
ICT

Global ICT community discuss broadband for enhancing Pacific lives

Pacific Islands ICT ministers on Tuesday, convened in Samoa to discuss the future development of broadband in the region. The ministers joined members of the Samoan diplomatic corps, other Samoan cabinet ministers, the chief judge of Samoa, regional and international…