Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2017

FRSC boss, Oyeyemi, approves movement of 71 senior officers across states, formations

In a sweeping redeployment spree, the Corps Marshal, Federal Road Safety Commission (FRSC), Dr Boboye Oyeyemi, has approved the redeployment of 71 senior officers nationwide for enhanced performance. The redeployment, aimed at repositioning the commission, affected three zonal commanding officers…

Sponsored Post: WED 2017: How Chevron is connecting people to nature in Nigeria

Today, June 5, is World Environment Day (WED). Its the biggest event to celebrate and promote environmental awareness and sustainability across the globe. Established by the United Nations (UN) General Assembly in 1972, WED aims to raise global awareness and…

Accent delay sending wrong signals to investors, recession recovery efforts—Experts

Discordant voices trailing the observed delay in the presidential accent to the already passed 2017 national budget without any form of objection or otherwise is rising on a daily basis. Finance analysts over the weekend averred that the scenario is…

Loss of $3tn in GDP, closure of manufacturing firms forced Trump to dump Paris

The recent public announcement by the United State President, Mr. Donald Trump to pullout from the Paris Climate Change deal has continued to elicit reactions. Climate change, or global warming, refers to the damaging effect of gases, or emissions, released…

Afreximbank seals $632.9m, €449.6m syndicated loan deal

African Export-Import Bank has successfully closed a record deal of $632.9 million and 499.6 million Euro dual-tenor dual-currency syndicated term loan facility. In a statement weekend, the bank said the general syndication stage of the $632.9m and 499. 6 million…

Microsoft SA
ICT

Microsoft did damage to Nigeria’s FDIs’ drive by that relocation statement—Experts

Industry analysts have taken a swipe on the management of Microsoft, not just for deciding to move its announced Nigeria bond $30bn twin data centre investment to South Africa, but for issuing a worldwide statement capable of misleading other deep…

vodacom-logo
ICT

Internet key enabler for classrooms of the future—-Vodacom Business

Senior Manager, Product Portfolio, Vodacom Business Nigeria, Funke Atanda, has opened up, saying the days of classrooms where a teacher’s desk sits at the front and students’ desks are neatly arranged in rows will soon be over. She noted that…

CAC Hqs
ICT

Why CAC outsourced main database host, operating software to MainOne—RG

The Registrar General of Corporate Affairs Commission (CAC), Mr. Bello Mahmud has opened up on why the Commission outsourced the hosting of its main database and operating software to MainOne Data Centre in Lagos. In an interview, he explained that…

TD Computer V
ICT

TD fames up Ikeja Computer Village in marketing drive with gospel artistes

Leading Sub-Saharan Africa’s biggest ICT distributors, Technology Distributions (TD) Ltd., has succeeded in its redefinition of product marketing campaign recently, as it set Otigba Street in the heart of Computer Village, Ikeja – Nigeria’s ICT and accessories hub on ‘fire’…

Minister did the right thing the wrong way in PH refinery concession—Experts

Following the recent halt order in the concession of Port Harcourt refinery to a joint venture involving Italian energy giant, ENI and Oando, leading energy industry analysts have started looking at the matter and apportioning blame to the minister, Dr….