Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2017

nbc Kawu
ICT

Importers of mobile transmitters to get NBC clearance before placing orders—DG

Considering the growing wave of secessionist movements in some parts of the country, the leadership of National Broadcasting Commission (NBC), has placed a caveat on the importation of mobile transmitters, saying national security is under threat going by the way…

Smile
ICT

Smile Nigeria repackages 4G LTE SIM proposition

Backed by popular demand by existing and potential customers, Smile Nigeria has re-introduced its 4GLTE SIM offer. In a statement, the group said this is another way of showing customers that their opinions matter at Smile! In October 2016, Smile…

ICT

CTO hails Bangladesh for her efforts to use safe ICTs in driving economic growth

Secretary-General of the Commonwealth Telecommunications Organisation (CTO), Mr. Shola Taylor has praised the government of Bangladesh for their work to make the Internet a safe space for citizens to communicate, conduct business and learn. In his speech at the Digital…

90% of recession causative factors linked to corruption—Magu

Even though he failed to secure the anticipated confirmation at the Senate plenary Wednesday, the embattled Acting Chairman of Economic and financial Crimes Commission (EFCC), Mr. Ibrahim Magu during his response at the floor of the red chambers revealed that…

Release Cabotage fund or open our coasts for foreign investors—Borha

Leading maritime expert, Mr. C A Borha has called on the Federal Government to either release the Vessel financing Fund as provided by the prevailing Cabotage Act to empower Nigerians invest and internalize the merits of the Act or relax…

Senate Vs. Ali; Time up for Hameed Ali at Nigerian Customs Service?

To avoid a repeat of what apparently happened to the unconfirmed chairman of Economic and financial Crimes Commission (EFCC) at plenary Wednesday, the leadership of the Nigerian Customs Service (NCS) seemed to have halted the resumption of the controversial arrest…

Banking/Investments

CBN again, injects $195mn to saturate ease of access at forex market on naira gain

The sustained but momentary recovery of naira at the interbank market received another boost Tuesday as the Central Bank of Nigeria (CBN) released another lump of $195 million. Acting Director of Corporate Communications at the apex bank, Isaac Okorafor, gave…

SMEs

FCMB names more winners for Millionaire Promo Season 4

The current season of excitement and rewards for customers of leading financial institution, First City Monument Bank (FCMB) Limited has churned out more winners. The promo began on March 1st. According to the bank, ‘FCMB Millionaire Promo Season 4’ had…

Kwara Gov, Ahmed assures BoI of judicious use of MSMEs facility

Wife of the Kwara State Governor, Mrs. Omolewa Ahmed has not only lauded the Bank of Industry (BoI) for disbursing entrepreneurship loans to over 250 women in Kwara State, but assured of its judicious use. The Bank of Industry (BoI)…