Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2017

C&I Leasing mulls raising $100mn to deepen current performance in business

Pioneer leasing firm, C&I Leasing Plc has signaled preparedness to raise additional capital to the tune of $100 million to support its expansion programme. Key reason for the new funding is to situate the firm in driving further consolidation which…

Transport

Can Ambode’s Visionscape group clean up Lagos, sustain it in 60 days?

As the era of Lagos Waste Management Agency’s (LAWMA) rickety compactors wobbling and criss-crossing both accessible and inaccessible street is coming to an end as new foreign investor, Visionscape has been commissioned by Lagos State Government to handle its waste…

Tincan Customs Command begins staff training ahead of NICIS II

As part of drive to acquaint men and officers of Tincan Command of the Nigerian Customs Service (NCS), full automation and computerization of customs processes and procedures ahead of automation of NICIS II, the Customs Area Controller, Comptroller Bashar Yusuf…

NPA unveils emergency clinic inside Apapa Port complex

The managing director of Nigerian Ports Authority (NPA), Hadiza Bala Usman, has commissioned a 24 hour emergency clinic to cater for health concerns at Apapa Port Complex . Explaining why the clinic was set up, Usman said that the establishment…

Ghana begins single window, paperless transactions at port Sept 1

All is set for Ghana to flag off implementation of new measures designed to drive single window and paperless transactions at all Ghana seaports for effective ease of doing business. The measures include the removal of internal customs barriers within…

Just in: MMM coming back, launches weekly promo

Strong indication on Thursday emerged that the money making scam, Mavrodi Mundial Moneybox (MMM), which bolted away about N20bn from Nigerians and collapsed in December 2016, has began a weekly promotion to expand its drag net. The scheme has been…

Ntel Kamar-Abass-
ICT

Frustrations from useless NITEL infrastructure forced Abass to exit nTel

Fresh details that lead to the ouster of the pioneer Managing Director/Chief Executive Officer of NATCOM trading as nTel, Mr. Kamar Abass have emerged. A source close to the former Ericsson top executive in Nigeria told Business Hilights on Wednesday…

NBC Radio Frequency
ICT

NBC reveals cause of radio frequency jams, set to wield big stick

For some time now, many Nigerians who love listening to a particular radio station may have observed that getting crisp clarity from the FM Radio Station either in the village or where he or she currently resides in cities is…

Shittu 66
ICT

Nigeria, India set for new partnership to drive growth in information technology

As part of renewed efforts of both Nigeria and India to deepen trade relations, both governments are set to forge closer cooperation in a determined effort to accelerate growth in Information and Communications Technology. The drive is expected to boost…

MTN shop
ICT

MTN partners Lagos to unveil Bus Shelter Kiosks initiative for youths SMEs

As part of its new drive to grow youths’ engagement and self employment, leading telecoms group, MTN Nigeria has partnered Lagos State Government to create conducive environment for commuters by introducing Bus Shelter Kiosks initiative. The deal is to construct…