Business Hilights

Tracking Nigeria's Headline Business News Online

Month: November 2016

SMEs, economic growth in focus at Made in Nigeria Conference

After rigorous planning process, organisers of the Made In Nigeria Conference and Exhibition have officially announced the third edition of the ‎annual event. It will hold in Lagos at the Landmark Centre, before the end of the month. Coming with…

FG saves N48bn from TSA, but frustrations trail policy 1 year on

If there is any policy of the federal government that is double-edged sword, it is Treasury Single Account (TSAs) in the last one year. Even though the Federal Government has claimed a monthly savings of about N4bn from spending like…

2013: Jonathan spent N19bn on infrastructure, N51bn on tea, coffee, biscuits–Adeosun

More details of how the last administration frustrated infrastructure development in the country have continued to emerge. Only weekend, the Minister of Finance, Mrs. Kemi Adeosun made a shocking revelation in Lagos, saying “In the past few years, 90 per…

CPF’ll deepen banking confidence, financial inclusion—CBN

The Central Bank of Nigeria (CBN) has assured that the planned Consumer Protection Framework (CPF) for banks and other financial institutions will drive the unbanked to the banking and boost the confidence of existing customers. Currently, over 55 per cent…

Customs loses 70 officers in fighting smugglers of rice, others in 10 months

There is palpable apprehension at the quarters of the Nigerian Customs Service (NCS), following the report released by the Comptroller-General of Customs, Hameed Ali, that the service has lost 70 officers to smugglers this year. Addressing members of the Rice…

NITDA
ICT

Document on new national focus for ICT coming—NITDA

The Director General of National Information Technology Development Agency (NITDA), Dr. Isa Ibrahim has revealed a new document to serve as the focus for the development of the Information and Communications technology (ICT) sector is undergoing final touching in his…

ICT

Umar, former Kaduna Gov. sues MTN for unsolicited SMS, deductions

Former military Governor of Kaduna State, Abubakar Umar, has directed his legal team to begin a legal battle against leading telecoms group, MTN Nigeria for unsolicited messages and alleged fraudulent deductions. The move is coming barely one week after an…

RwandAir achieves IATA certification on ground operations with ease

National flag carrier of the Republic of Rwanda, and emerging air transport superpower in Africa, RwandAir, has bagged International Air Transport Association’s Safety Audit for Ground Operations (ISAGO). This is coming after an audit conducted on RwandAir Ground Operations in…

Transport

NAMA gets set for takeoff of AIS in 11 locations

The Nigerian Airspace Management Agency (NAMA) has said all is ready for the seamless takeoff of Aeronautical Information Service (AIS) automation in 11 locations next month. Acting Managing Director of the agency, Mr. Emma Anasi, at a stakeholders’ forum, said…

Ecobank Hqs
ICT

Ecobank mobile app, driving transformation in digital banking—Ayeyemi

The Group chief executive officer of Ecobank, Mr. Ade Ayeyemi has said that the bank’s newly-launched app will transform digital banking across Africa as the App is designed to enable customers open a new digital account seamlessly. By design of…