Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2017

Energy experts gather in Johannesburg to discuss infrastructure, way forward this week

Experts in power industry have started arriving the capital of South Africa, Johannesburg, to discuss ways to provide affordable and clean energy across the continent. Reports by Clean Technica, a partner to the organisers said the challenges that are hindering…

Forex hobbling Gas-to-power sector as collapse looms, NGA warns

The leadership of the Nigerian Gas Association (NGA) has raised an alarm, saying foreign exchange (forex) remains another potential threat to the unstable sector after reserve challenges. The association lead by its President, Dada Thomas had last week called on…

ICT

Huge profit from voice tariff making telecoms to shun investment in data, hate OTT

There are serious indications that the target to achieve over 30 per cent broadband penetration come next year by the country may be a mirage going by the observed drop in investments on broadband infrastructure by telecoms companies in recent…

Spectranet new logo
ICT

Spectranet deepens QoS, explains domineering status in ISPs space

Spectranet 4G LTE has restated its commitment towards ensuring that subscribers enjoy interrupted  internet service following the recent statistics released by the Nigerian Communications Commission (NCC) that showed Spectranet 4G LTE as the ISP with the highest number of subscribers…

dANBATTA
ICT

ATCON, NATCOMS clash over possible outcome of NCC’s review of termination rates

Whereas the leadership of the lead professional body in telecoms, the Association of Telecoms Companies of Nigeria (ATCON) has cleared the air saying review of interconnection or termination rates is between networks and has no business with subscribers or tariff…

FG meets investors on the issuance of Sovereign Green Bonds Thursday

Prospects of Nigeria’s aspiration to become a green economy are inching closer as Federal Government concludes arrangements to meet investors and Capital Markets Operators in Lagos for the first ever Green Bonds Conference tomorrow. Coming with the theme: ‘Green Bonds:…

Banking/Investments

NSE raises listing momentum, welcomes Forte Oil’s N9bn bond

The Nigerian Stock Exchange (NSE) has listed a firmly underwritten N9billion bond for Forte Oil as part of the planned N50 billion bond issuance programme for the leading energy company. The proceeds of the N9 Billion Series 1, Five Year…

Maritime stakeholders set to review ease of doing business at ports in Lagos

Come March 8, leading shipping and ports related experts will converge in Lagos to look at challenges and prospects of emerging reforms at ports. The town hall scheduled will be chaired by the Minister of Transportation and former governor of…

DPR shuts impounds petrol vessel in Lagos, shuts receiving depot

In line with its official surveillance, the Department of Petroleum Resources (DPR) has seized a vessel, MT JAZI, found discharging Premium Motor Spirit (petrol) that does not meet the standard specifications for any white product. The development happened at the…

Industry

Simplified Corporate Logistics unveils new office in Lagos, assures smarter services

As parts of renewed efforts to deepen service delivery, Simplified Corporate Logistics (SCL), a premier provider of simplified export and import solutions has opened a new outlet at Ikotaarea of Lagos State. The company noted that the network expansion is…