Business Hilights

Tracking Nigeria's Headline Business News Online

Month: June 2017

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ICT

MTN Nigeria staff end 21 Days ofYello Care with celebrities in Lagos

After 21 days of volunteering time, skills, resources to promote the cause of education in their various communities, staff of MTN Nigeria came together to celebrate the end of their annual staff volunteerism programme, ‘21 Days of Y’ello Care’ at…

Ericsson Report
ICT

Ericsson boss, Reman reveals why 4G LTE’ll take time to grow in Nigeria

More details are still emerging from the recent presentation of Ericsson Mobility Report. The President/Managing Director, Ericsson Nigeria, Rutger Reman, in an interview during the presentation in Lagos said about 40,000 Base Transceiver Stations (BTS) are required by telecommunications operators…

Ecobank announces seamless forex access for SMEs

Ecobank Nigeria has announced new seamless window of forex access for operators of the Small and Medium Enterprises (SMEs) in the country, noting that entrepreneurs with relevant documents can approach the bank for their foreign exchange needs for importation. The…

UBA Foundation unveils ‘Read Africa’ in host communities to drive reading culture

As part of renewed efforts to uplift the lives of the communities where United Bank for Africa (UBA) Plc operates, UBA Foundation, the bank’s Corporate Social Responsibility (CSR) arm has developed an initiative known as Read Africa. The scheme is…

As Egina FPSO sails to Nigeria in August, hope rises on oil earnings

Just as the multi-billion dollar Egina Floating Production Storage and Offloading (FPSO) vessel currently under construction in Geoje, South Korea, will begin its homeward sail to Nigeria in August, industry experts have started looking at what it add to the…

Customs FOU Ikeja arrests 10 suspects, seizes 384 parcels of hard drugs

The Federal Operations Unit (FOU), Zone ‘A’, of the Nigeria Customs Service (NCS), Ikeja has arrested 10 suspected smugglers and seized 384 parcels of hard drugs. The illegal traders who were apprehended along Iyana-Ipaja road, concealed the items in six…

All set for today’s flag off of yam export to UK, others in Lagos

Barring last minute hiccups, the nation’s flagship seaport of Apapa will witness the first shipment of Nigerian yam to United Kingdom. This is coming after the first deadline of June 23 failed. This is as the Nigeria Agricultural Quarantine Service…

Lagos steps up campaign in wooing investors to Lekki Free Zone

The Lagos State Government has stepped up international and local marketing of unoccupied portions of the Lekki Free Trade Zone. Currently, Dangote Group is developing the South-East Quadrant of the Zone in Lekki, which is about 2635 hectares of land…

NSE bags ‘Employer of Choice Award’ for the 2nd year in a row

…Oscar Onyema named 2016 HR Champion The Nigerian Stock Exchange (NSE) has won for the second consecutive year, the Employer of Choice Award, 2016, in the “Under 1,000 Employees” category. The award which was is in recognition of the Exchange’s…

Expert explains issues misinterpreted by Nigerians about Dangote refinery

Contrary to the believes of several Nigerians that emergence of Dangote Refinery coming up in Lekki, Lagos State will crash the price of petroleum products, a Petroleum marketing consultant, Alhaji Mohammed Sani has said the refinery remains an international  private…