Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2018

2017: TB Joshua’s SCOAN, others raise N13.3bn for FG in Security Levy —NCAA

More reasons why the federal government in mid-last year pleaded with the founder of Synagogue Church of All Nations (SCOAN), Prophet TB Joshua not to relocate to Israel have emerged. The story Fresh report from the Nigerian Civil Aviation Authority…

Being consumer nation without commensurate manufacturing activities bad–Ooni

Former banking wizkid and current Ooni of Ife, Oba Enitan Ogunwusi, has raised an issue of urgent national importance, saying “it was dangerous for Nigeria to remain a consumer nation without commensurate manufacturing activities to take care of the system”….

Bitcoin: Value of transactions in Nigeria rise to N1.9billion weekly—BH Report

Contrary to the warnings handed down both by the Central bank of Nigeria (CBN) and the Securities & Exchange Commission (SEC) that involvement in digital currencies transactions is against any known law in Nigeria, the trade is making serious headway…

9mobile 88
ICT

‘Delay in naming Teleology Holdings as preferred bidder for 9mobile dangerous’

Following indications that Teleology Holdings remains the highest bidder for the ownership of 9mobile, formally Etisalat Nigeria, the observed delay in announcing it as the winner is causing apprehension in the industry. Industry experts had expected the announcement since the…

ATCON Book
ICT

ATCON, Koenig Solutions India plan international summit on cyber security

Leading telecoms pressure group, the Association of Telecommunications Companies of Nigeria (ATCON), has concluded arrangement with Koenig Solutions Limited India to hold a 3-day intensive International Workshop on Cyber Security with the theme Emerging Cyber Security Threats and Countermeasures, slated…

Double edged-sword as rising oil price means GDP growth, fuel price hike, scarcity

The rising global oil price, according to industry experts means two critical things for Nigeria. One, goodwill as it will jump up real Gross Domestic Product (GDP) growth over the coming quarters. The second condition that are usually associated with…

Lessons from how I nearly bought Chevron Netherlands – Paddy Adenuga

Touching real life story of business adventure by the Son of the chairman of telecom giant, Globacom and core investor in Conoil, Mr. Paddy Adenuga has gone viral. Hereunder is the full text, unedited by Business Hilights   “A LION…

Ekwueme: My worry is how much of N1bn that may enter private pockets—Ezeife

Tireless Anambra State politician and former Governor of the state, Dr. Chukwuemeka Ezeife, has raised a serious issue bordering on the federal government’s claims that it approved N1bilion, part of which had been spent, in readiness for the burial of…

NPA to avoid Maritime Workers’ strike with palliatives for Tincan access—Ebubeogu

Barring any last minute understanding, the Nigerian Maritime Workers Union (Dock Workers) is set to embark on strike action come February 6th to press for seamless access to Tincan Port facility. Capt. Iheanacho Ebubeogu, General Manager, MD’s Office at the…

2017: Nigeria leads in Mediterranean journey, Ghana tops in US Visa lottery

Just like the number of Nigerians trying to enter Europe through the deadly Niger-Libyan axis and the Mediterranean Sea outnumber other Africans, latest report has shown that Ghanaian applicants for the United States (US) Diversity Visa Lottery Programme in 2017…