Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2017

4,000 to 5,000MW of power very bad for Nigeria’s industrial quest—-BUA group boss

A member of the Nigeria Industrial Policy and Competitiveness Advisory Council (NIPCAC) committee, and Chairman of the BUA Group,  Abdulsamad Rabiu, has sounded it loud and clear that marking time around the power production capacity of 4,000 and 5,000MW has…

Commendations as FrieslandCampina WAMCO achieves backward integration for milk

Just like the feat achieved by Dangote Cement few years ago, leading milk and allied products group, FrieslandCampina WAMCO Nigeria, makers of Peak and Three Crown Milk brands has achieved backward integration in resources used in production of milk. Accordingly,…

Enugu Disco managers jailed for 3 months over estimated bills, disconnection

It was relief for members of Iweka Electronic Amalgamated Traders Association (IEATA) , Onitsha the commercial city of Anambra State as a State High Court sitting in Onitsha on Tuesday sentenced the Manager and Marketing Manager of the Enugu Electricity…

Nigeria’s power supply epilepsy enters second quarter—NOIPolls

Whereas the Acting President, Prof. Yemi Osinbajo and the Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Tuesday in Abuja claimed that much has been achieved in the power sector in the last two years, latest electricity availability…

With technology, Nigeria has long-term growth opportunities in oil & gas—US

The United States Consul General, Mr. John Bray, has averred that “Nigeria presents tremendous long-term growth opportunities and the United States government remains committed to supporting American companies and local partners in deploying U.S. technology to help tackle some of…

Out of 11 Discos, only 2 made full remittance to NERC in May—MO Report

The Nigerian Electricity Regulatory Commission (NERC) has revealed that that several power distribution companies in the country are beginning to develop debt habit, a situation that has forced the Commission to begin enforcement procedures against remittance of revenue. Market Operator…

Etisalat
ICT

Etisalat Nigeria begins search for new name as UAE parent body quits finally

Following the termination of its management agreement with the Nigerian arm which came Monday evening, the Chief executive of Abu Dhabi based Etisalat International; Hatem Dowidar has announced that Nigeria can only use the brand name for another three weeks…

NBC DSO Sheraton
ICT

About 7 local STB companies producing in Nigeria to deepen DSO—Amana

Contrary to speculations that the National Broadcasting Commission (NBC) is only serious in empowering the Signal Distributors to install transmission infrastructure for the regional rollout of Digital Switch Over (DSO) without plans for availability of Set Top Boxes (STBs), the…

CyberSecurity
ICT

Yudala Report reveals 6 smart ways to secure electronic devices in Nigeria, others

The only indigenous electronic Research and Development body in Nigeria, and a growing department in the nation’s leading offline, online fastest growing e-commerce platform, has come up with a report on how best to keep personal devices secure and less…

ICT

Glo unveiled Sharp Sharp E-Top up, Glo Café to meet subscribers ’ appetitie— Mogaji

More details have emerged on why leading national carrier, Globacom launched two strategic products recently. Two new products, Sharp Sharp E-Top-Up and Glo Café are designed to give millions of subscribers on its network significant higher value in data and…