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Tag Archives: Business Hilights Intelligence Unit (BHIU)

Nigeria’s bank-led mobile money scheme can’t grow beyond single digit—BHIU

Mobile Money Nigeria

Fresh revelations have opened up on why after about five years of operation in Nigeria; mobile money has only been able to attract just one per cent penetration as against the targeted 20 per cent growth on a yearly basis. A report revealed by Business Hilights Intelligence Unit (BHIU) weekend listed seven key factors that weakened the effective and uptake ...

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Revealed: S’Africa film, television industry now attracting more FDI than Nollywood

Cape Town Studio

The Chief Executive Officer of the Cape Town Film studios, Mr. Nico Dekker has revealed that since December 2010, the foreign direct investment (FDI) and economic impact of productions hosted by the studios led to 47,044 jobs being created and the South African production expenditure amounted to R2 billion within the period under review. In his remarks during a site ...

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Surging Nigerian internet users may get stocked by weak broadband soon—BHIU

NCC Shittu

With the recent report released by the Nigerian Communications Commission (NCC) on its website that Nigeria’s internet Users have hit 100.9m in February from 1.2 million in January, the indication is rife that very soon, available infrastructure will begin to have issues with carrying capacities of internet traffic. Business Hilights Intelligence Unit (BHIU), an independent research consultancy division of the ...

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Sights and sounds of Nigerian economy last week ending April 14, 2018

Fcmb NSE

One of the major developments that trended last week was the declaration by President Muhammadu Buhari to run for re-election in the upcoming 2019 general election. However, the declaration failed to elicit any meaningful reaction on the movement of stocks and equities at the Nigerian Stock Exchange (NSE). Besides, the week started with what can be seen as a cheerful ...

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Delay in budget passage, official minus for FG’s ease of doing business drive—BHIU

budget 333

Since the second quarter of 2017, the Federal Government of Nigeria kick-started a serial campaign it called ‘ease of doing business’ with seemingly marching policies and executive orders to convince both foreign and indigenous investors that doing business in Nigeria is no more business as usual. The quest for the campaign stemmed from a publication of the World Bank which ...

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PwC report calls for deep pocket investments in ports to strengthen trade, economy

PWC

The latest PwC report released in Johannesburg on Thursday, has noted that African maritime nations need to take advantage of the economic potential of their ports and shipping sector if they are to realise their growth ambitions within the ambits of the blossoming Blue Economy. The report came at a time the Nigeria flagship ports of Apapa and Tincan are ...

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Yielding bee species in Africa reside in Nigeria due to favourable climate, but…—Abbas

Indications have emerged showing that Nigeria has a clear comparative advantage over the rest of Africa in the production and export of honey. This is based on the fact that research has shown that Nigeria has the potential to produce 20 million litres of honey annually from the current two million. Explaining more on why Nigeria should step up investments ...

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Leading activities on the Nigerian economy last week ending Mar 30, by BHIU

CBN new MPC members

Last week business activities were ushered in with the revelation from the National Bureau of Statistics’ (NBS) Domestic and Foreign Debt report for Q4-17 and 2017FY, which noted that Nigeria’s foreign and domestic debts stood at USD18.9bn and NGN3.35trn respectively as at 31st December 2017. Business Hilights Intelligence Unit (BHIU) observed while disaggregating the figure that, the FGN debt accounted ...

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Ogun gradually draining Lagos deep pocket investors’ with attractive incentives

Amosun

…As Osinbajo, Ministers ready for state investors’ forum Investigations by Business Hilights Intelligence Unit (BHIU), the research arm of Business Hilights publications, has revealed that “mega manufacturing firms that hitherto do production in parts of Lagos State have gradually started relocating to Ogun State especially in Agbara, Ifo, Shagamu, Mowe and Sango-Ota fringe communities”. The report released in Lagos on ...

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‘Cabals’ involved in printing Nigerian passports in Malaysia can’t allow NSPMC—BHIU

NIS Muhammed Babandede

A two months investigation carried out by the Business Hilights Intelligence Unit (BHIU), a research arm of Business Hilights publications has come out with a revelation that “Even though the upgraded Nigeria Security Printing & Minting Corporation (NSPMC) systems can effectively handle the printing of Nigerian International Passport, the cable associated with the deal of producing the passport in Malaysia ...

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