Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2017

ICT

MTN plans massive BTS to deepen 4G, 3G services

The lead telecoms services provider, MTN Nigeria has revealed its plans for 2017 in Nigeria, thus putting to rest speculations that the South African giant is planning exit due to incessant fines from the regulator, the Nigerian Communications Commission (NCC)…

Atcon Teniola 3
ICT

ATCON boss, Teniola advises FG on how to establish ICT Varsity

More Information and Communications Technology (ICT) experts have continued to look at the recent pronouncement of the Federal Government to establish a national ICT University. This is coming on the heels of the provision of about N166.6 million in the…

Akufo Addo
ICT

ITU pledges enhanced ICT support to new president of Ghana, Akufo-Addo

The International Telecoms Union (ITU) has assured newly inaugurated President of Ghana, Mr. Nana Akufo-Addo of the support of the union in deepening Information and Communications Technology (ICT) in the country. Secretary-General, and Nigeria’s Shola Taylor who joined heads of…

NASS yet to communicate Customs on resolution over ban on land border vehicle imports

The leadership of Nigerian Customs Service (NCS), Monday denied any communications or directive instructing the Service to rescind decision banning vehicle imports from the land borders. In an interview on a national Television monitored in Lagos, the new spokesman of…

ICT

Trader over-excited as Airtel presents him N10m cash prize in Red Hot Promo

Surprised to have emerged winner of N10 million in the ongoing Red Hot Promo Season 4, Chinonso Ikezulumba, a customer of leading telecommunications services provider, Airtel Nigeria, immediately fell flat on the floor as he was presented his prize at…

Why December inflationary trend jumped to 18.55%—–IMF

Just as the National Bureau of Statistics (NBS) weekend disclosed that the inflationary trend in the country is still looking up having risen to 18.55 per cent in December 2016, the International Monetary Fund (IMF) has given explanation for the…

CBN, NEXIM still holding on to N550bn meant for Cocoa farmers

The Cocoa Exporters Association of Nigeria (CEAN) has called on the federal government to intervene on their behalf to rescue their approved export intervention grant valued at over N550bn currently lying fallow at the Central Bank of Nigeria (CBN) and…

Transport

NPA, British Embassy move to boost Nigerian ports operations

The British High Commission and the Nigerian Ports Authority (NPA) have resolved to work together to improve port development in Nigeria. This was part of the high points during a courtesy visit to NPA’s head office in Marina, Lagos by…

Upcoming Aviation Varsity’ll run side by side with NCAT—Minister

Contrary to speculations that the planned establishment of Nigerian Aviation Univeristy will consume the Nigerian College of Aviation Technology (NCAT) in Zaria, Kaduna State, the Minister of State for Aviation, Mr. Hadi Serika has cleared the air, saying whereas the…

Turkish Airlines experiences surge in passenger traffic YOY

The management of Turkish Airlines has expressed satisfaction on its performance throughout last year, saying its passenger traffic grossed year-on-year to a reasonable percentage considering the hiccups of 2016. Traffic results for the period of January-December 2016 are as follows:…