Business Hilights

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Business Hilights

Ghana effectively begins paperless ports transactions, single window operations

…Nigeria maritime agencies still operating ‘separate’ single windows After few months of systems reconfiguration to synchronize with other sister agencies working at ports, Ghana Port & Habour Authority (GPHA) on September 1, successfully flagged off the paperless ports reforms. It…

Buhari excited on Dangote, FMN, NPA partnership over Apapa-Wharf Road—Minister

The Minister of Power, Works and Housing, Mr. Babatunde Fashola has revealed that President Muhammadu Buhari was highly astonished on hearing that Alhaji Aliko Dangote agreed to pull resources together with Flour Mills of Nigeria (FMN) and the Nigerian Ports…

US give Nigerian airlines 65-day ultimatum to reset security issues or be barred

Due to observed specified security issues, the United States federal aviation administration (FAA) has given Nigerian airlines a 65-day ultimatum to shape in or risk being barred from flying into US. The threat was part of the fallouts of recent…

‘Ongoing strikes sign of FG’s unseriousness to drive ERGP’

Barely few months after the federal government unveiled its strategic national development roadmap called the Economic Recovery Growth Plan (ERGP), two nationwide strikes that tend to show that government may be insincere in the roadmap are ongoing. These include the…

NCC Danbatta
ICT

NCC opens up, warns fake phones responsible for some cancer ailments

Considering the observed proliferation of substandard phones, the Nigerian Communications Commission (NCC), on Thursday warned against use of fake digital products including phones. Speaking during a stakeholders workshop organised by the Ibadan Zonal office of NCC at the popular Fayose…

Smart CS Abuja
ICT

In Tanzania, Nigerian unveils software chip capable of detecting explosives

A Nigerian techprenuer, Agabi has invented and presented a modem-sized technology at the TEDGlobal conference in Tanzania that can detect smells of explosives from a distance. He said the system is made from a mixture of living neurons and silicon,…

NigComSat Limited
ICT

NIGCOMSAT to generate N5bn in 5 years of commercialisation

After observing that Nigerian Communications Satellite known as NigComSat-1R, has failed to meet the target value of its launch by way of being beneficial, the Ministry of Communications has started working out how to redeem its image. The ministry is…

Calm returning to Owerri as traders move to Naze, Relief, Egbeada markets

Palpable calm is gradually coming back to Owerri, the Imo State capital, as frayed nerves that greeted last Saturday’s demolition of Eke-Ukwu market at the city centre begin to relax. Business Hilights had on last Saturday broken the news of…

How MTN assisted Diamond Bank to reach unbanked Nigerians

The Head of Retail Banking Businesses at Diamond Bank, Mr. Robert Giles has revealed how leading telecoms giant, MTN Nigeria provided the communication leverage to the bank to drive financial inclusion to millions of unbanked Nigeria over the years. Explaining…

Fidelity Bank deepens earnings, hits N85.8bn in half year performance

In its results released at the Nigerian Stock Exchange (NSE), Fidelity Bank has shown resilience to recession by posting strong financial performance in the first half of 2017 with gross earnings of N85.8billion in its audited results. Otherwise, the first…