Business Hilights

Tracking Nigeria's Headline Business News Online

Day: January 20, 2017

Trumpnomics begins today, plans to wrestle Africa from China by all means

As the United States of America’s 45th President, Billionaire Donald Trump enters the oval mansion Government House in Washington DC today; issues of revamping America’s economy using Africa as target market and battle ground are clearly upbeat in his mind….

Can latest port policies, bans reverse yearly loss of N200bn?

For the fact that managing director of Nigerian Ports Authority (NPA), Ms. Hadiza Bala Usman has made it clear that Nigerian ports have capacity to take up traffic on vehicle import ban is an indication of the possibility of truly…

Fidelity Bank deepens financial inclusion with promo scheme

Leading money deposit bank, Fidelity Bank Plc has stressed it would continue to deepen support for driving financial inclusion policy with business-friendly initiatives in 2017. The Managing Director of the bank, Nnamdi Okonkwo made the disclosure at the fourth draw…

Stop sharing money to SMEs, fix infrastructure, multiple taxation, expert tells FG

Leading development economist, Dr. Ken Igboanugo has called on the federal government to stop the act of sharing money to groups of people claiming to be members of one corporative society or business segment, saying the challenge of growing small…

Tomato firms stage war with CBN over forex as Dangote packs up

Managing Director of Sonia Foods Industries Limited, and image maker of Tomato packaging companies of Nigeria, Mr. Nnamdi Nnodebe has decried the hurdles in accessing forex for the importation of critical raw materials in the local manufacture of Tomato paste….

UBA in Davos to build strong ties with international institutions—Uzoka

The Managing Director and Chief Executive of united bank for Africa (UBA), Mr. Kennedy Uzoka has disclosed his bank was at the ongoing World Economic Forum (WEF) to build engagement with international institutions as part of new ideas to deepen…


Ghana searches for buyers of remaining 800MHz slot as MTN bagged one for $67.5m

As the newly inaugurated President of Ghana, Nana Akufo-Addo settles down to work, one of the foremost revenue spinning deal he is likely to seal is to encourage the National Communications Authority (NCA) to find investor for the second remaining…


Digital finance experts to converge in Lagos for CashlessAfrica Expo 2017

In March this year, global experts in electronic payments from more than 35 countries will hit Lagos to address “The future of finance” at the Lagos Oriental Hotel. This means that the CashlessAfrica expo is gathering more than 35 speakers…

Customs checkpoint

How Customs complacency destroyed scanners at ports, weakened trade facilitation

A new insight has been given by leading Maritime industry expert and President of the National Council of Managing Directors Licensed Customs Agents (NCMDLCA), Lucky Amiwero. In an interview in Lagos, the shipping mogul linked the degradation of the scanning…