Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2017

Disruptions in Benue yam communities, exportation jerk up market price

Contrary to the claims of the chairman, Technical Committee on Nigeria Yam Export Programme (TCNYE), Prof. Simon Irtwange that the exportation of yam will not affect local consumption of the produce and its price, indications have emerged that both the…

Scarce opportunities for youths’ greatest existential risk facing Nigeria—Afrinvest boss

The Deputy Managing Director of Afrinvest Limited, Victor Ndukauba, has revealed that “The greatest existential risk facing this country today is its youthful demography and the potential damage that this segment can wreck, given the lack of opportunities for self-expression…

S/Africa’s Eskom seals $1.5bn loan deal with China Development Bank

More African nations are still running to China for infrastructure development funding without watching their back to see the after effect which include massive abuse of expatriate quotas and working without permits. Nigeria, Ghana and other sub Saharan economies has…

Glo introduces free data day, Welcome back in Lagos with celebrities

Grand data masters, Globacom has launched Glo free data day and Glo welcome back in Lagos with array of top celebrities in its brand ambassadorial team in Lagos recently. Seated from right is Glo Ambassador, Innocent Idibia; Senior Manager, Public…

NBC Kawu Modibbo
ICT

Revealed: Why NBC through Minister’s directive paid Pinnacle group N2.5bn

A clear indication has emerged showing that the rollout of Digital Switch Over (DSO) that took place in Abuja on December 22, 2016 was on the insistence of the federal government and not on the readiness of the Signal Distributor,…

Akufo Addo
ICT

Like Nigeria, Ghana fails to meet its 2017 DSO deadline, shifts to next year

The Minister of Communication in Ghana, Mrs. Ursula Owusu-Ekuful has announced that it is no longer feasible for Ghana to carry out Digital Switch over (DSO) come September this year but next year. Explaining the miss at a  two-day National…

Customs checkpoint
ICT

Systems hiccups force Nigerians to call for cancelation of e-auction by Customs

At the end of day four, Thursday, July 6 in the ongoing e-auctioning of seizures by the Nigerian Customs Service (NCS), Nigerians struggling to partake in the process have called for immediate cancelation of the e-process, saying the system is…

Etisalat’s destiny to be decided in six months as new appointees take charge

Though the safety of subscribers is now guaranteed, issues surrounding who will own Etisalat Nigeria is expected to be figured out within the next six months of the transition managers headed by former deputy governor of the Central bank of…

What I want to see is Africans investing in Africa—-Elumelu

The Chairman of Heirs Holdings, and the Tony Elumelu Foundation (TEF), Tony Elumelu, has begun a new continental campaign designed to drive massive in-continent investments by citizens of the African continent. Speaking in Kigali, Rwanda at the recent African Export-Import…

Transport

FRSC puts paid to threats, sends 19 drivers to madness test, impounds 305 vehicles

The leadership of the Federal Road Safety Corps (FRSC), on Thursday in Abuja disclosed that apart from impounding about 305 vehicles, it has effectively referred 19 drivers to test for psychological and mental balance. The Corps Marshal, Dr. Boboye Oyeyemi,…