ATCON berates CBN over moves to tax subscribers from 3rd minutes of call
Barely one week after the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele advised the federal government to impose an incremental tax on voice calls after the third minutes; the President of the Association of Telecoms Companies of Nigeria…
StarTimes launches integrated Digital TV Set
StarTimes Nigeria, pioneer digital terrestrial Pay-TV and crusader in the nation’s Digital Switch Over (DSO) has unveiled its newest integrated HD digital TV set. The new product which comes in three sizes and already available in the market is designed…
Israel is world leaders in cyber security products— Marco
Top Israeli security expert and hi-tech engineer with experience in Home Land Security and Cyber Projects, Aviad Marco has disclosed that the leading export product and foreign currency earner for Israel is cyber security and allied products. In an interview,…
Weak SMEs bad for economy as BoI earmarks N300bn for sub sector
The Bank of Industry (BoI) has traced the current economic recession to weak Small and Medium Enterprises (SMEs), saying the surest way out of the mess will be early empowerment and support for the sub sector. This is the background…
Review NPA’s 29 years Act, pass Port& Habour Bill into law, Haastrup tells FG
The Executive Vice Chairman, ENL Consortium and Chairman, Seaport Terminal Operators Association of Nigeria (STOAN), Princess Vicky Haastrup, has called for early review of the Nigerian Ports Authority’s (NPA) Act to be in line with modern business reality. In a…
NASS order to review tolling at major airports yet to be complied by FAAN
Barely two weeks after the Senate Committee on Aviation had ordered review of toll collection system in airports within the country, a source at the Federal Aviation Authority of Nigeria (FAAN) has disclosed that management is not only happy for…
Chi Farms working with USAID to raise 4,000 tonnes of fish
As part of new efforts to grow economic diversification, Chi Farms limited have entered into a partnership with United States Agency for International Development (USAID) to enhance capacity of small-scale farmers in the country and to add about 4,000 tonnes…
Clearing agents turn Okada riders as cargo shipping to Nigeria plunge by 19%
The loss of jobs and frustrating influence of the current economic recession are taking tolls in every sector and mainly the maritime industry. Investigations by our correspondents at the two key seaports in Lagos, Apapa and Tincan have revealed that…
Export expansion grant policy coming back next year—Minister
The Minister of Industry, Trade and Investment, Mr. Okechukwu Enelamah has given an indication that the federal government is set to reintroduce suspended Export Expansion Grant policy early next year. According to him, the grant would be reviewed to encourage…
Recession: Garbage volumes reduce drastically at Lagos waste dumps —Survey
There has been a massive drop in all erstwhile overfull waste dumps for garbage and other waste items across thickly populated areas of Lagos since October when economic recession started biting harder in the country, Business Hilights can authoritatively report….
