Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2017

nbc Kawu
ICT

Monopoly in signal distribution created by FG in DSO may collapse investment

Even though the Abuja Digital Switch Over (DSO) has come and gone smoothly, there seems to be a scenario already in place that may rather than grow the emerging sub-sector, create a confusion that may not only destabilize the target…

ICT

Hit pirates at production hideouts, expert tells NCC

Major Nigerian producers and worst losers in the illicit business of piracy has called on the Nigerian Copyright Commission (NCC) to look beyond pursuing sellers of pirated works at market places and trace the producers of the products at their…

NCC Danbatta
ICT

Subscribers decry failed stoppage of unsolicited calls, sms as loses gross N30b monthly

Investigations have revealed that whereas the telecoms regulator, the Nigerian Communications Commission (NCC) has continued to read a riot act to telecoms operators in the country to respect every stoppage text sent by any subscriber to end unsolicited calls or…

ICT

US group, AIS Media plans N10m to grow SMEs in Nigeria

A United States-based digital marketing agency, AIS Media has concluded arrangements to give out soft loans to budding entrepreneurs valued at N10m in seed capital. The facility will be granted to 10 shortlisted business incubators through the inaugural season of…

How Ecobank’ll dominate market leadership with e-payment space, by Kie

The managing director and chief executive officer of Ecobank Nigeria Plc, Mr. Charles Kie has revealed a new strategy that will take the bank to leadership position in electronic payment space. According to him, the newly launched Mobile App and…

Why 2016 tax collection slumps to N1.2trillion

Facts have emerged as to the 2016 tax collection by the federal government failed below expectation, hitting a record 12 year low of N1.2tn. According to experts, apart from possibility of unreported sums which may rise the total to about…

Bank customers’ seek 5 ATMs per bank branch to reduce queues

As yuletide begins to roll away, several bank customers who were frustrated with long queues, cases of network failures, rejection of cards and no-cash scenarios have called on the banking and e-payment regulatory agencies to come up with a policy…

NIMASA had been toying with enforcement of cabotage regime—-Nwokolo

The Managing Director and chief executive officer of Oarsmann Maritime Services, Chief Ugo Nwokolo has called on the new leadership of the Nigerian Maritime Administration and Safety Agency (NIMASA) to rise up to its core duties of enforcing cabotage regulation…

FG in secret plot to cut off BPP, due process in award of $800m power contract to US firm

PREMIUM TIMES has authoritatively sighted a document that tends to show that the federal government is closing in on awarding a contract to overhaul high-voltage transmission lines across the country but without due process. Additional revelation also hinted that the…