Business Hilights

Tracking Nigeria's Headline Business News Online

Month: December 2016

CBN snobs local content Act, wants contractors to supply Dell desktops

At a time the federal government and the National Assembly are driving local content campaign in every sphere where there is credible local capacity, the Central Bank of Nigeria (CBN), a strategic department of the government had advertised on its…

Zenith Bank’s MasterCard partnership now live in Ghana’s banking system

As part of strategic moves to deepen market dominance, Zenith Bank and Mastercard have extended their partnership in West Africa to Ghana with a drive to go further and deeper in the ECOWAS market. The new deal will drive issuing…

Nigerians react to NVIS launch, say FG hiding on security to tax motorists

More Nigerians have reacted to the recent launch of the integrated National Vehicle Identification System (NVIS), an initiative the government claimed is meant to ensure that all vehicles operating in the country are properly captured and registered for security reasons….

Okorocha’s pension scam lands Owerri in massive protest by pensioners

Just as Business Hilights had reported Tuesday that the planned plot by the Imo State Government to rip off retied old men and women who had served the state during their youthful days had been rejected, the story was further…

internet
ICT

More Nigerians would have left internet on tariff hike as users drop to 93.2m in October

Latest data on activities in the nation’s telecoms sector has painted a bleak future over the government’s drive to deepen internet access. Only yesterday, statistics released by the Nigerian Communications Commission (NCC) said the number of internet users in Nigeria’s…

NCC and MTN
ICT

Confusion as MTN denies alleged 75% stake by Indian group in Nigeria

Barely 48 hours after the Minister of Science and Technology, Dr. Ogbonnaya Onu had revealed that MTN has sold 75 per cent stake to Indian investors and is about to exist the economy for parent country South Africa, the company…

ICT

Emerging digital financial services’ll spur inclusion, ease of doing business–Report

Latest report released by the McKinsey Global Institute has revealed that Digital Financial Services (DFS); the new phase in the quest to deepen financial inclusion, payments system efficiency and transparency, would benefit billions of people across the world. Besides, the…

ICT

Smile telecoms steps up internet added services, gives 200 mins free calls

More Internet Services Providers (ISPs) have continued to mesmerize the ongoing drive by major telecoms to jerk up internet tariff regime, but with associated value additions. In a statement issued Monday, leading ISP, Smile telecoms said “Customers on the Smile…

Etisalat, Gionee collaborate on new 4G enabled Gionee M6

Etisalat Nigeria has partnered with mobile phone manufacturer Gionee to launch its new LTE Smartphone, Gionee M6. The new Gionee M6 LTE Smartphone would give Etisalat subscribers better access to the network’s efficient broadband internet and uninterrupted connectivity on the…

Days of naira black market numbered, says Adeosun

Indications has emerged that time has come for operators of parallel exchange market, popularly called ‘black market’ to start thinking of changing line of business as the Central Bank of Nigeria (CBN) has been mandated by federal government to introduce…