Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2017

Expert warns core investors of Lake Rice to avoid production complacency

Agricultural expert and grain farming specialist, Dr. Ikem Mgbemena has advised core investors in Lake Rice, the Lagos and Kebbi State governments to put in motion a production chain that will maintain steady supply of the product. The brand name…

Mega firms still approaching Maritime Africa Economic City for space—Bird

Less than two weeks after the reception of operating licence by the core investor in the development of Maritime Africa Economic City, Badagry from the Nigeria Export Processing Zones Authority (NEPZA), the Project Director of the group, Mr. Patrick Bird,…

Turkish Airlines begins flight to Kharkiv, another new destination in Ukraine

Having the title of “the carrier that flies to the most countries in the World” with 295 destinations in 119 countries, Turkish Airlines now adds Kharkiv, the second largest city in Ukraine, to its extensive flight network as from 30th…

Transport

FG assures security, free buses, train, helicopters at Kaduna Airport over Abuja repairs

Just as airline operators urge partial shutdown of the Abuja Airport during the runway repairs, the Federal Government during the stakeholders’ meeting assured that necessary arrangements had been made to ensure the exercise would not exceed six weeks, between March…

ICT

Nigeria Army bans posting of activities on social media to stop intelligence leakage

Worried by incessant posting of either horrific scenes or happy moments on battle fields, the Nigerian Army Wednesday placed an immediate ban on officers and soldiers on duty from uploading pictures and videos of their operation on social media. General…

NCC head office, Abuja
ICT

Active subscribers gallop by 435,343 in November – NCC

Principal regulator of telecoms activities in Nigeria, the Nigerian Communications Commission (NCC) has revealed that active users of telecommunications services in the country increased to 153,949,450 in November 2016. The regulatory body said that Section 89 Subsection 3(c) of the…

ICT

StarTimes denies flooding Chinese films to kill Nigerian culture, tradition

Contrary to wide speculations that StarTimes terrestrial TV platform is contaminating Nigerian TV viewing experience with numerous presentations of Chinese films into Yoruba and other indigenous languages, the management of the group has argued that the feat will not undermine…

big-data
ICT

Big Data growth to soar in 2017—Ovum

Considering the surge in data usage in all sphere of life and business, indications are rife that Big data will continue to be the fastest-growing segment of the information management software market. Tony Baer, Principal Analyst for Information Management said…

UBA boosts MSMEs activities with merchant-focused App, Masterpass QR

Leading financial, United Bank for Africa (UBA) has stepped up assistance to Micro, Small and Medium Enterprises (MSMEs) by introducing its first merchant-focused app in Africa. The new product is aimed at creating a SMART (secure, mobile, accessible, reliable, transparent)…

Fuel price hike imminent as FG raises landing cost from N67.7 to N212.7

Apprehension driven by possible fuel price hike may begin to engulf the country in this early part of New Year as the federal Government has jerked up the landing cost of Premium Motor Spirit (PMS) from N67.7 to N212.7 per…