Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2017

Nasarawa sets up food processing zone to tame post-harvest loses

As part of renewed efforts to support farmers in their quest for food sufficiency, Governor of Nasarawa State, Umaru Al-Makura, on Tuesday, in Lafia said his government has started plans to develop food processing zones in clusters. Explaining how it…

‘Non-disclosure of opening, closing balances of FRC account dangerous’

Forensic analysts in financial accounting have expressed worry on the observed non-disclosure of the opening and closing balances of the Fiscal Responsibility Commission (FRC) account, saying the scenario had made full appraisal of the account impossible. In their views, the…

Finally, US sells N181bn warplanes, weapons to Nigeria to fight B’Haram

The United States government may have made a U-Turn in its hitherto held strong opposition to efforts of the federal government to access high military wares to aid fight against insurgency in the North East. This stemmed from the latest…

Zinox-GTX
ICT

Zinox Technologies deserves FG’s protection, waivers to deepen manufacturing—ATCON

Stakeholders are beginning to react to the recent feat achieved by pioneer computer company, the Zinox Technologies on the production and unveiling of world slimmest digital notebook, called Zinox GTX to the Nigerian market. In a telephone interview, the President…

NITDA Boss Pantami
ICT

Cyber crime growing faster than sustainable ICT development worldwide— NITDA DG

Director General of the National Information Technology Development Agency (NITDA), Dr. Isa Pantami, has revealed that the incidence of cyber crime is growing faster than sustainable inventions and new technologies in the Information and Communications Technology (ICT). Speaking recently in…

NCC head office, Abuja
ICT

NCC reenacting Tennis strides of the past, aims to surpass feat—Danbatta

The Executive Vice Chairman and CEO of the Nigerian Communications Commission (NCC), Professor Umar Danbatta, in Ibadan on Monday, expressed the readiness of the Commission to reenact and surpass major feats achieved by past Nigerian Tennis stars as it takes…

NCC Dan
ICT

NCC, Ikeja Computer Village to seal MoU on ending substandard devices

In keeping with his drive to deliver on his 8-Point Agenda, the Executive Vice Chairman of Nigerian Communications Commission (NCC), Prof Umar Danbatta has visited the popular Ikeja Computer Village, Nigeria’s equivalent of Silicon Valley and Bangalore, ICT hub of…

Inflation rate continues on Snail speed, drops to 16.05% in June—-NBS

Latest data released on Monday, by the Statistician General for the Federation and Chief Executive of National Bureau of Statistics (NBS), Dr. Yemi Kale, has shown that national inflation rate dropped from 16.1 per cent in June to 16.05 per…

Barely one month after, another Court orders final forfeiture of Diezani’s N7.6bn loot

If anybody is making the news in the last one month in terms of forfeiture of looted or proceeds of criminal transactions, it is former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. On Monday, a Federal High Court, again, ordered…

Boko Haram, economy in focus as 8-Member US congressional delegation arrives

An eight-member congressional delegation from the United States of America (USA) has arrived Abuja late Monday. A statement issued by the US Embassy said issues that will be in focus during their stay in Nigeria which will last till month…