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Volume of inquiries from Nigerians on when MTN is to be listed unprecedented—SEC

MTN Nigeria

A top official of the Nigerian Securities & Exchange Commission (SEC), on Thursday said the volume of inquiries made by Nigerians wishing to buy shares from leading telecoms group, MTN Nigeria should it get listed on the Nigerian Stock Exchange (NSE) is getting out of hand. In a telephone interview, the official who pleaded anonymity, said “I think going by ...

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Upon being largest telecom market, Nigeria has ample space for growth—Jumia Report

Dangote Jumia

Strategic details scooped from the highly awaited 2018 Nigerian Mobile Report, by Jumia Nigeria – Africa’s biggest e-commerce platform, have shown that apart from being the largest mobile market in the continent, there are still has more potential for growth and for competing on a level-playing ground with the developed nations. The report examined how the market has democratized mobile ...

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Coolworld unveils range of Haier Thermocool energy saving appliances in Nigeria


In continuation of its corporate policy of introducing environment friendly electrical appliances, Coolworld Retail Store has introduced a new range of Haier Thermocool refrigerators, freezers and air conditioners into the Nigeria market. The group said the target of the policy is among others to assist in cutting down on power consumption and saving teeming Nigerian consumers some money on electricity ...

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Glo-sponsored CNN’s African Voices to feature female fashionistas weekend


As part of growing publicity on Africa entrepreneurs’ changing lives, lovers of fashion will find this weekend’s edition of CNN African Voices a delight to watch as the Globacom-sponsored programme focuses on women across Africa who are driving the styles found on runways around the world. The telecoms giant bankrolling the programme revealed in a statement that those billed to ...

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Okere drags Ausso Leadership Academy to Nigeria to grow business mentorship

NITRA 2017 best

Drawing strong inspirations from the rare global success achieved by software developers and other IT tacticians in entrepreneurship at Silicon Valley, which has been underpinned by a strong mentorship culture, pioneer entrepreneurial advocate and founder of CWG Plc, Austin Okere, has concluded plans with other international business mentors aboard drill Nigerian Small and Medium Enterprises (SMEs). Otherwise, the Entrepreneurial elite ...

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Ghana technically reducing official corruption via digitalisation drive—Group

Ghana II

Leading anti-corruption campaign group in Ghana, the Ghana Integrity Initiative (GII), has observed progressive drop in incidences of official corruption across government financing and activities in the last few year the country had embraced digitization of every government activity and programmes. GII averred in a statement made available to Business Hilights Ghana Bureau chief that “digitalisation is changing the ways ...

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We said it: NCC sanctions call maskers, Medallion gets 90 days suspension

NCC 99

The Nigerian Communications Commission (NCC), on Tuesday handed down varying degrees of sanctions on telecoms services providers engaging on clandestine practices including call-masking, call-refiling and SIM-Boxing. This followed weeks of intelligent surveillance and even face-to-face questioning of named defaulters who were shown clear evidences of their acts and asked to provide their defences on why they should not be sanctioned ...

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Consider unique tax holiday on ICT to drive needed private sector investment–Zinox chief

Zinox Ekeh NITRA

Leading pioneer in Nigeria’s Information and Communications Technology (ICT) industry and chairman of Zinox Group, Leo Stan Ekeh, has once again, advised the federal government to consider granting exceptional tax concessions to the technology sector. Explaining more while receiving the Extraordinary Business Achievement Award at the recent Silverbird Man of the Year Awards held at Eko Hotel & Suites, Victoria ...

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Material handling, logistics’ll become $75bn market by 2027—-Report


A new report by the IDTechEx Research on Mobile Robots & Drones in Material Handling and Logistics 2017-2037 which focused on all aspects of mobile robotics in material handling and logistics has revealed that by 2027, that is in nine year ahead, there will be a massive transformation in industrial material handling and related logistics capable of creating a $75bn ...

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Only enforcement of CGC can effectively resolve teething interconnection debt—Teniola

Atcon teniola

Beyond rhetoric and bulk-passing currently trailing the high debt pile up on interconnection fees, payable by telecoms operators amongst themselves, the President of Association of Telecommunications Companies of Nigeria (ATCON), Mr. Olusola Teniola, called on the Nigerian Communications Commission (NCC) to go beyond articulation to enforcement of the industry’s Corporate Governance Code (CGC). Business Hilights recalls that former Executive Vice ...

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