Business Hilights

Tracking Nigeria's Headline Business News Online

NIPOST

(Special Report) Can’t NIPOST transform self to become Africa’s logistics giant?

Last week Thursday, we did a story (https://businesshilights.com.ng/just-in-after-loss-of-stamp-duty-to-firs-nipost-rushes-to-ncc-for-relevance/), wherein we revealed that the Nigerian Postal Service (NIPOST) is running helter-skelter combing for a partner to remain relevant as an agency of the government. We are elated that several readers of…

CBN’s acclaimed NIRSAL Microfinance Bank yet to be seen in many NIPOST

Contrary to the claims of the Central Bank of Nigeria’s Governor, Godwin Emefiele that NIRSAL Microfinance Bank it created in 2019, are now operational in NIPOST outlets nationwide, checks in parts of the country showed otherwise, rather abandoned and lifeless…

CBN’s MfB with NIPOST’ll kill private sector participation space—Expert

More financial experts have continued to voice out their concerns over the ongoing plan by the Central Bank of Nigeria (CBN) to evolve a Microfinance bank from the near moribund NIPOST. In a recent interview, an investor in the sector…

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ICT

Shittu finally fails to save NIPOST upon all claims to make it viable

…As NCP shops for agency’s commercialisation transaction adviser The seating of the management of the National Council on Privatisation (NCP) chaired by Vice President Yemi Osinbajo last Friday where some decisions critical to the privatisation process of some moribund parastatals…

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ICT

Shittu seeks faster passage of bill to enable unbundling of NIPOST

The Minister of Communications, Barrister Adebayo Shittu has called on the National Assembly to expedite action in passing the Postal Reform Bill designed to drive the restructuring of the nation’s postal flagship, the Nigerian Postal Service (NIPOST). The new bill…

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ICT

How Shittu failed to accomplish repositioning NIPOST for digital banking services

Two months after several assurances that arrangements have been concluded by the Ministry of Communications to effectively return moribund Nigerian Postal Agency (NIPOST) to relevance and profitability by introducing delivery of digital banking services across its outlets in Nigeria, the…

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ICT

Experts worried on Minister’s poor knowledge of existing ICT roadmaps

One of the key comments of the Minister of Communications, Barr Adebayo Shittu while addressing the State House Correspondents after last week’s federal Executive Council (FEC) meeting was that part of the targets of the approved new 3-year ICT roadmap…

NIPOST Boss
ICT

NIPOST outlets to offer banking services, Int’l passport issuance from May this year—Minister

Though efforts to get official confirmation from the Central Bank of Nigeria (CBN) on Thursday proved abortive, the Minister of Communications, Adebayo Shittu has claimed that all is set for all the 1,500 Nigeria Postal Service outlets across the country…