Business Hilights

Tracking Nigeria's Headline Business News Online

Day: April 6, 2017

Good news as construction works begin on Anambra Airport, Umuleri from next Tuesday

Second term hopeful and Governor of Anambra State, Chief Willie Obiano has announced that the implementation of the Anambra State airport project will begin next Tuesday, on April 11. Giving the cheerful hint in Awka on Wednesday, he said the…

CBN moves more steps forward, announces sale of dollars to MAN, fuel importers, airlines

In a strategic drive to offset backlog of matured foreign exchange obligations the Central Bank of Nigeria (CBN), has announced plans to begin the sales of dollars to fuel importers, airlines and manufacturers. New position of the apex bank is…

NPA boss, Hadiza Usman begins review of dollar payment by port concessionaires

The managing director of Nigerian Ports Authority (NPA), Hadiza Bala Usman has assigned the finance and administration department of the authority to look into how to do a ‘mirror match’ of the inflow and outflow of dollars in the agency….

N15bn debt by local airlines’ forced NCAA to introduce automated remittances

More indications have emerged on the sudden introduction of automated remittance system by the Nigerian Civil Aviation Authority (NCAA) for all local airlines. Investigations by Business Hilights showed that the need to introduce the system of payment is to ensure…

Yakubu Dogara

NASS rejects new DStv, GOtv tariff hike, mandates House Committee, NBC to investigate

Less than 24 hours after MultiChoice, owners of satellite Pay TV services including DStv and GOtv announced planned hike in its tariff regime, the House of Representatives has rejected the moved. Accordingly, the lawmakers have mandated its committees on Information…

NCC head office, Abuja

NCC set to recalibrate variables used in measuring operators’ KPIs to ease service delivery

More revelations are still coming from the recently launched ‘Year of the Consumer’ by the Nigerian Communications Commission (NCC). Latest include the readiness of the Commission to review the Key Performance Indicators (KPIs) of operators to ensure telephony services quality…

JAMB logo

Upon hitches, JAMB says it has registered 800,000 candidates in 17 days

The Joint Admissions and Matriculation Board (JAMB) said on Wednesday that 800,000 candidates have registered since the sales of UTME form began on March 20. Head of Information, Dr Fabian Benjamin, said in Lagos that the introduction of the Remita…


FG disburses N756.3m to 81 innovators, assures Nigeria’ll take over digital space

The federal government has disbursed about N756.3m grant to 81 young Nigerian technology innovators as part of the economic empowerment initiatives. Explaining the target of the scheme during the presentation, Vice president, Prof Yemi Osinbajo noted that Nigerian innovators have…

Echendu, budding Nigerian wizkid hits gold in oil & gas sector with new company

United Kingdom trained Nigerian/British engineer, Echendu Ndubuisi Endy, is making huge inroads into the UK’s offshore oil and gas sector, through the provision of logistics and other services to the industry. At 32, his company, Echendu Oil and Gas Limited…