Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2017

Elumelu chides FG’s agencies in frustrating power sector for years

Featuring in CNBC Africa recently, astute banker, current chairman of Transcorp Group and United Bank for Africa (UBA), Tony Elumelu has described Nigeria’s electricity industry as grossly disappointing. He was quick to trace the undoing of the sector to the…

spectranet-david-venn
ICT

Spectranet boss, Venn, reveals why data services will remain poor for long

More facts have emerged as to why major GSM networks may have been either tactically programming their data services not to be so strong or avoiding investments in data services upgrade. In an exclusive interview with the managing director of…

ICT

First generation masts now weak, can collapse any time—Engineer warns

Telecoms engineer and industry analyst, Mr. Gerald Udofia has warned people either living or working within the radius of first generation masts in parts of the country to begin to keep round the clock surveillance as the telecom masts can…

ICT

Another teen, Nakia, 14, hangs herself while streaming live in Miami

The dangers of Facebook live streaming have reared its fatal head again, this time in Miami, USA. For two hours, Nakia Venant broadcast from the bathroom of her Miami Gardens foster home, eventually fashioning a homemade noose from her scarf….

NITDA
ICT

NITDA, EU begin partnership to grow digital economy, immigration others

The European Union (EU) has brokered an emerging collaboration with the National Information Technology Development Agency (NITDA) designed to deepen investments and service delivery on issues bothering to climate change, migration, and promoting a digital economy between both regions. Playing…

Expert expresses reservations on GE’s investment in 3 refineries, seeks FG’s clarification

Considering the hot chase earlier given to the federal government by Nigerians’ on plan to sell off some national assets few months ago including refineries, leading Energy consultant, Dr. Demola Olagunju has fingered the trending celebration of the investment of…

Petroleum products loading resumes nationwide—NNPC

The Nigerian National Petroleum Corporation (NNPC) has announced that following the suspension of strike action by members of the National Union of Petroleum and Natural Gas Workers (NUPENG), lifting of petroleum products across all depots in the country. Besides, the…

Tanzania plans more natural gas stations to boost power supply

All is set for the Tanzania Petroleum Development Corporation (TPDC) to build more compressed natural gas (CNG) stations in Dar es Salaam to provide cheaper and cleaner energy for more citizens. The TPDC’s acting public relations manager, Francis Lupokela, revealed…

FRSC begins enforcement of speed limiter in Gombe Feb 1

For motorists plying Gombe State roads, all is set for the implementation of the speed limiter for commercial vehicles operating in the state as from February 1 by the officers and men of the State’s Command of the Federal Roads…

Shippers’ Council raises moral of Marine Police, donates Toyota Hilux van

The Nigerian Shippers’ Council (NSC) has donated a Toyota Hilux patrol van to the Marine Police Command to aid their surveillance operations at the ports. Executive Secretary and Chief Executive Officer of the Council, Barr. Hassan Bello, who handed over…