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Google escapes €1.1bn tax bill as it’s not taxable in France

google-logo

Leading search engine, Google is not liable for 1.115 billion euros ($1.272 billion) in unpaid taxes claimed by the French state, a French court ruled Wednesday, saying the internet giant’s Irish subsidiary is not taxable in France. The court ruled in the suit that “The French Company Google Ireland Limited (GIL) is not taxable in France for the 2005 to ...

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Etisalat’s 18.5m subscriber base bad for foreign buyers, good for Glo—BH Analysis

Etisalat banks

Contrary to speculations that Etisalat Nigeria loan default crisis will finally terminate with foreign investors coming to acquire its assets and liabilities, analysis of facts and figures on ground has shown that the possible deal in this circumstance is merger with a local operators. A study carried out by Business Hilights Economic Research Team (BHERT) has suggested that foreign investors ...

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UNN explains targets of ‘Roar Nigeria’, first Varsity tech hub in West Africa

UNN VC

Vice Chancellor of the University of Nigeria, Nsukka (UNN), Prof. Chukwuma Ozumba has revealed that the plan of the management to make UNN a Smart University via the adoption of the ‘Roar Nigeria’ has been bought by everybody and major stakeholders. He disclosed that UNN is already leading the course with the establishment of Roar Nigeria, the first full-fledged university ...

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Trump soft paddles on cyber unit with Russia after harsh criticism

GERMANY-G20-SUMMIT

U.S. President Donald Trump has backtracked on his push for a cyber security unit with Russia, tweeting that he did not think it could happen, hours after his proposal was harshly criticized by Republicans who said Moscow could not be trusted. US President had said on Twitter early on Sunday that he and Russian President Vladimir Putin discussed on Friday ...

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Etisalat Nigeria begins search for new name as UAE parent body quits finally

Etisalat

Following the termination of its management agreement with the Nigerian arm which came Monday evening, the Chief executive of Abu Dhabi based Etisalat International; Hatem Dowidar has announced that Nigeria can only use the brand name for another three weeks before seizing the usage or phasing it out. The main reason behind the total pull out stemmed from the fact ...

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About 7 local STB companies producing in Nigeria to deepen DSO—Amana

NBC DSO Sheraton

Contrary to speculations that the National Broadcasting Commission (NBC) is only serious in empowering the Signal Distributors to install transmission infrastructure for the regional rollout of Digital Switch Over (DSO) without plans for availability of Set Top Boxes (STBs), the chairman of DigiTeam Nigeria, Engineer Edwards Amana has revealed that local production of the device is ongoing in not less ...

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Yudala Report reveals 6 smart ways to secure electronic devices in Nigeria, others

CyberSecurity

The only indigenous electronic Research and Development body in Nigeria, and a growing department in the nation’s leading offline, online fastest growing e-commerce platform, has come up with a report on how best to keep personal devices secure and less vulnerable to attack from hackers or data compromise in the event of a loss. There is no gainsaying that the ...

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Glo unveiled Sharp Sharp E-Top up, Glo Café to meet subscribers ’ appetitie— Mogaji

Glo-Nigeria

More details have emerged on why leading national carrier, Globacom launched two strategic products recently. Two new products, Sharp Sharp E-Top-Up and Glo Café are designed to give millions of subscribers on its network significant higher value in data and airtime. In an interview with Globacom’s Senior Manager, Events and Sponsorships, Mr. Sola Mogaji, he said “Sharp Sharp  E-Top Up ...

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Etisalat Experience forcing NCC board to think stress test for telecoms

NCC Borad Cm

Considering the near financial insolvency troubling Etisalat Nigeria in the last couple of months following its inability to pay back $1.2bn syndicated loan from a consortium of 13 banks, the Board of the Nigerian Communications Commission (NCC) is currently looking at the option of subjecting all telecoms operators to financial stress test at intervals. Details gathered by Business Hilights after ...

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USPF Changemaker Challenge 2017 seeks youths’ creativity in problem solving

NCC USPF

The Universal Service Provision Fund (USPF), has structured a platform designed to challenge Nigerian youths to engage their ingenuity to solve current problems using creativity and innovation. Tagged the USPF Innovation Changemaker Challenge 2017, the contest is coming as a nationwide competition open to young innovators, software developers, UX designers, students, and other ICT enthusiasts from all over Nigeria. In ...

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