Business Hilights

Tracking Nigeria's Headline Business News Online

Month: November 2016

Elumelu calls for enabling environment for startups, entrepreneurs

Commercial banking wizkid and Chairman, United Bank for Africa Group, Mr. Tony Elumelu has revealed that the best way to grow entrepreneurship is to create ‎the enabling environment for the young generation to succeed in their chosen endevours. He spoke…

Obiano reveals how MDAs abuse generated revenues, others

More revelations have been made by Governor Willy Obiano of Anambra State who addressed the press at the end of National Economic Council (NEC) meeting in Abuja. He said time has come for the federal government to stop financial abuses…

FG rakes in N1bn from issuing mining licence

Fresh efforts of Federal Government in driving the economy to productivity and changing the game from oil economy to diversification may have started yielding as the Minister of State, Mines and Steel Development, Alhaji Abubakar Bwari, has said the ministry…

Refineries produced far below capacity in September—NNPC

The Nigerian national Petroleum Corporation (NNPC) has revealed that three of the working refineries worked below capacity in the month of September. But the corporation was quick to note that the ongoing Turn around Maintenance (TAM) of the NNPC further…

ICT

India tops ranking in deaths associated with selfie, figure rises to 76

A study published by US-based Carnegie Mellon University and Indraprastha Institute of Information Technology, Delhi has revealed that India is leading in the table of countries with the highest deaths from accidents in time of taking selfie. 76 selfie-takers in…

GNA
ICT

Mobile money growing in Ghana more than Nigeria

Comparing available statistics between Nigeria and Ghana on the acceptance and traffic in mobile money, figures gathered by Business Hilights have shown that Ghana is miles away from Nigeria. Friday, Chief Executive officer of Ghana Chamber of Telecommunications, Mr Sakyi-Addo…

MultiChoice
ICT

MultiChoice explains why it didn’t reduce tariff in Nigeria

Major player in African Pay TV sub sector, MultiChoice has explained why it slashed prices in other African countries and left out Nigeria. It would be recalled that in last few weeks, there have been media reports purporting that MultiChoice…

MTN shop
ICT

MTN explains how mCASH will boost cash-less economy initiative

MTN Nigeria has given more insights as to why it believed that the new cashless initiative, MicroCash (mCASH), launched recently by the Nigeria Inter-Bank Settlement System Plc (NIBSS) will fly higher in Nigeria. MTN is currently the highest driver of…

Anxiety as NAHCO workers connive in narcotic export attempt

The National Drug Law Enforcement Agency (NDLEA) has revealed how staffers of the Nigerian Aviation Handling Company (NAHCO) allegedly conspired with suspected drug traffickers in a botched attempt to export 144kgs of ephedrine to Maputo, Mozambique. Narcotics are illegal or…

Maritime best industry to deepen Nigeria’s global economic interest – NIMASA DG

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that if Nigeria must advance its global economic interest then the country must ensure that it gets the regulation of the maritime sector…