Business Hilights

Tracking Nigeria's Headline Business News Online

Day: April 18, 2017


Trump win fingered as reason why FG may have abandoned Yuan deal one year after

Analysts in international diplomacy and currency logistics are still divided on why the federal government apparently abandoned its highly publicized currency swap agreement between it and China one year after. One year after the agreement was signed, nothing much has…

Bridging infrastructure gap, best antidote to sustainable economic recovery—PwC

Contrary to plans by the federal government to implement the newly launched Economic Recovery and Growth Plan (ERGP) using a taskforce, PriceWaterCoopers (PwC) has suggested effective bridging of identified infrastructural gap in various value-chains as better strategy to drive recovery….

Yahoo Boys

29 Nigerian yahoo-yahoo boys arrested with their Ghanaian accomplices in Accra

Facts showing that Nigerian internet fraudsters have relocated to neighbouring West African states to continue their crime have emerged following the arrest by Ghanaian police in a house at Alhaji Tabora area in Accra. Crime diary gathered from the Achimota…

union bank

Union Bank unveils ‘Centenary Innovation Challenge’ to boost technology startups, others

Union Bank of Nigeria Plc has announced more innovative activities lined up as part of activities to commemorate its 100 years of existence. Latest part of the programme include the launch of an initiative called, ‘Centenary Innovation Challenge’, designed to…

Samsung GA7

Samsung Galaxy S8, S8+, J7 coming with tailor-made features for business class, celebs

Latest entrant in the Samsung Galaxy J family, the J7 features a Qualcomm Snapdragon 625, along with 2GB of RAM and 16GB of storage. While that’s not much storage, the phone does have a microSD card slot so you can…

glo logo

Globacom salutes Nigerians at Easter, preaches love and sacrifice

Leading national carrier and indigenous driver of telecoms services, Globacom has congratulated Nigerians for successful celebration of Easter and urged them to deepen their love and sacrifice In a statement to commemorate the occasion, Glo called on Christian faithful to…

Uncompetitiveness of Nigerian ports aiding Cotonou to remain W/African hub—Russo

Barely three months after the total ban on importation cars via land borders, stakeholders in the nation’s maritime sector have assessed the situation and confirmed that the target of the ban is being technically defeated. In an interview, the Deputy…

Race on who lands first on new Abuja runway begins, Air Peace, Medview, others line up Wednesday

Local airlines on Monday evening announced their resumption of flights in and out of the Nnamdi Azikiwe International Airport (NAIA), Abuja starting from Wednesday, April 19 following completion of the rehabilitation of the runway. This is coming as the Director-General…

How Ministry of Finance through Customs is frustrating use of Nigerian ports to import vehicles

More facts have emerged, showing that the greed of the Federal Ministry of Finance through the Nigerian Customs to reap more from car importers created the window for Nigerian ports to cede shipping hub to Cotonou ports in Benin Republic….