Business Hilights

Tracking Nigeria's Headline Business News Online

Economic Recovery Growth Plan (ERGP)

FG releases National Standardisation Strategy 2020–2022

The Federal Government has issued the first ever Nigerian National Standardisation Strategy (NNSS) 2020 – 2022. The Strategy was developed by the Standards Organisation of Nigeria (SON) to identify priority areas to focus on, based on national needs assessment. In…

Energy

‘Commercializing Gas flare to create 300,000 jobs, cut emission by 20,000mt yearly’

The Federal Government has again, assured that ongoing efforts for the internalization gas flaring in Niger Delta will not only drive in investment in excess of $3bn, but create over 300, 000 direct and indirect jobs and drop carbon emissions…

Nigeria’s ERGP inconsistent with national determined contributions—Don

Vice Chancellor of Alex Ekwueme University, Ebonyi, Prof. Chinedum Nwajuba, has argued that Nigeria’s prevailing Economic Recovery Growth Plan (ERGP) in some instances is inconsistent with Nigeria’s National Determined Contribution (NDC), which should be the pillar of sustainable development in…

AMCON boss seeks economy shift from resource-based to knowledge-driven

The managing director of Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Kuru has made case for the complete switchover from resource-based economy to knowledge- based to be in line with current global realities. He however, made it clear that…

Policies, infrastructure frustrating FG’s diversification drive—BH Report

Indications have emerged showing that Nigerian government may have placed the cart before the horse in driving its Economic Recovery & Growth Plan (ERGP). This is stemming from discoveries that the needed infrastructure indices to recover and grow the economy…

NCC at ITU
ICT

Missing in 2018 ‘Where to invest in Africa’ minus for Nigeria at ITU

…priceless data floor may also weaken investors The 2017 edition of International Telecommunications Union (ITU) Telecoms conference in Busan, South Korea, kicked off on Monday with the Minister of Communications leading over 30 delegates peopled by officials of the Nigerian…

Recession would have lasted if CBN had devalued naira—Okonkwo, Fidelity Bank MD

More reasons why Nigeria’s exit from recession was seamless are still emerging. Explaining issues during a recent interactive session with select editors and publishers in Lagos, the managing director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo said one of the…

‘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…

Banks killing ease of doing business for startups, charges N10,000 for confirming CAC cert

Even though the Vice President, Prof Yemi Osinbajo had on Tuesday urged the banking sector to support the country’s Economic Recovery Growth Plan (ERGP), a new survey report by Business Hilights has revealed how commercial banks bleed between N6,000 to…