Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2017

Lagos floods: Lekki, Ikoyi, other parts of Lagos remained in darkness on Monday

Though the yearly seven days rain which rounded off on Sunday evening gave way for minimal sunshine in parts of Lagos on Monday, several critical parts of the state are still suffering the impacts but not floods after all. This…

Why Fayemi’s ministry may not meet set targets of $27bn to GDP by 2025

Contrary to a new document unveiled by the Federal Ministry of Solid Minerals, showing that it will make the sector pump in about $27bn to the gross Domestic product (GDP) come 2025, leading analyst in the sector, Dr. Ibrahim Audu…

Dangote Foundation alleviates sufferings of Ife clash victims with N50m

Dangote Foundation, the Corporate Social Responsibility (CSR) of Dangote has donated money and equipment worth over N50m to victims of the March 8 clash between Hausa and Yoruba persons in Ile-Ife. Managing Director of the Foundation, Mrs. Suera Yusuf, who…

Nigerians in Ghana Prisons write FG revealing their sorry conditions, seek transfer

My name is Emmanuel Emeka, a prisoner in Ankaful maximum security prison, Cape Coast, Ghana. I’m serving a jail-term of 130yrs imprisonment and I’m presently in my 8th year. We appeal to the Nigerian Government to please come to our…

NCC Borad Cm
ICT

Etisalat Experience forcing NCC board to think stress test for telecoms

Considering the near financial insolvency troubling Etisalat Nigeria in the last couple of months following its inability to pay back $1.2bn syndicated loan from a consortium of 13 banks, the Board of the Nigerian Communications Commission (NCC) is currently looking…

NCC USPF
ICT

USPF Changemaker Challenge 2017 seeks youths’ creativity in problem solving

The Universal Service Provision Fund (USPF), has structured a platform designed to challenge Nigerian youths to engage their ingenuity to solve current problems using creativity and innovation. Tagged the USPF Innovation Changemaker Challenge 2017, the contest is coming as a…

glo logo
ICT

Globacom leading data market with best coverage, throughput—NIWBQR

Latest report by the National Independent Wireless Broadband Quality Reporting (NIWBQR) which measures the quality of customers’ experience in mobile wireless networks in Nigeria, has revealed that Globacom has the best coverage and throughput. NIWBQR explained that “Our goal is…

nTel NOVA
ICT

Ntel unveils NOVA 4G/LTE dual-SIM phone to drive data revolution

Latest entrant to the nation’s telecoms market and key drive of 4G LTE in Nigeria, Ntel has launched a bespoke 4G/LTE device – Ntel NOVA. Ntel is Nigeria’s first advanced 4G/LTE network providing superfast Internet access that enables voice, data…

Excitements as Ihiteowerri born genus, Emejuru bags 1st Class, 3 awards at AUN

Rain of Awards and Accolades for Academic Excellence as Jennifer Nneoma Emejuru graduates from the American University of Nigeria(AUN). She made first class and grabs three major awards–best graduating student in the School of Business and Entrepreneurship, best in her…

FIRS causing service providers to pay double VAT by hoarding receipts

Whereas the federal government through the Federal Inland Revenue Service (FIRS) is working to raise tax compliance in the country, indication has emerged showing high incidence of double payment of Value Added Tax (VAT) by companies. A number of tax…