Business Hilights

Tracking Nigeria's Headline Business News Online

Business Hilights

Overland grows operations on Asaba Airport

Emerging leaders on domestic carriers in the country, Overland Airways, has announced the start of flight services from Lagos to Asaba, Delta State, effective December 21, 2016. The new route, according to the operator, will enhance economic activities in Delta…

Nigerian airlines seek bailouts amidst yawning market potentials— Aisuebeogun

Leading analysts in global aviation business have chided Nigerian airline operators over regular request for government assistance when they operate in an environment filled with growth opportunities’. Otherwise, experts say it is only domestic operators begin to look at mergers…

Poor packaging, weak economic team forced NASS to kill $30bn loan plan

More facts have emerged as to why the National Assembly could not be lobbied to allow for the approval of the President Mohammed Buhari’s $29.9bn external borrowing plan. It would be recalled that on Tuesday, November 1, 2016, the senate…

5% of loots for whistle-blowers belated, but fantastic—Mefor

Chief Law Mefor, ageless political analyst and former Special Adviser to the former Senate President, Dr. Ken Nnamai, has welcomed the latest graft fighting policy of the federal government which earmarks about 5 per cent of every successfully recovered to…

Customs losing N200b yearly to diversion of cargoes to Cotonou ports

Before the placement of total ban on importation of cars via the land borders, the federal government has been losing over N200bn annually to the Port of Cotonou in Republic of Benin. The key fact is that Nigerian importers are…

‘Punish firms that undertook private placement but failed to list on Exchange’

Nigerian investors in private placements has raised alarm, calling on the regulator, the Security and Exchange Commission (SEC) to recover their money or force companies who had done private placements to get listed on the Nigerian Stock Exchange so that…

Buhari
ICT

No going back in meeting 2017 Digital Switch Over deadline – Buhari

In view of the hitch-free Digital Switch Over (DSO) from analogue to digital terrestrial TV broadcasting in Abuja Thursday, the Federal Government has promised to meet up the June 17, 2017 international deadline. President Muhammadu Buhari dropped this hint yesterday…

Funke Okpeke, Mainone boss
ICT

MainOne, Microsoft work together to drive #InABox, Productivity Solution for SMEs

Emerging leaders in data services, MainOne Cable Company has partnered with another technology giant, Microsoft to unveil a new product offering, SME-in- a-Box Pro (InABox) targeted at enabling small and medium businesses in Nigeria. In a statement, the new solution…

ICT

Why Nigeria overtakes S’Africa, others African economies in online shopping

More facts have emerged on why the Nigerian online shopping space is dominated by South African firms. A recent survey has shown that Nigerians shop more online than other sub-Saharan African (SSA) countries. GeoPoll is the world’s largest mobile survey…