Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2017

9Mobile
ICT

9mobile joins ISPs, steps up calls for review of data floor, spectrum management

Even though 9Mobile is facing issues bordering default on syndicated $1.2bn loan with 13 banks in Nigeria, that did not deter it from appealing to the Nigerian Communications Commission (NCC) to review the industry’s spectrum assignment, data floor price and…

google-logo
ICT

Google set to unveil low priced, affordable smartphone in Nigerians

Google on Thursday, revealed that it is set to launch an affordable device in the Nigerian market – Meet Ice 2. The company stated this on Thursday, at the Google for Nigeria event in Lagos. Google ‘s Chief Executive Officer,…

If MDAs owe N115bn in tax, Adeosun must start campaign in-house—Nigerians

If the recent revelation that Ministries, Departments and Agencies (MDAs) of the federal and state governments owe over N115bn in tax liabilities by the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), is anything to go by, it then means that…

Workers kick as Osinbajo inaugurates Indorama fertilizer plant in P/Harcourt

With air-tight security details, acting President Yemi Osinbajo, on Thursday flagged off production line at new fertiliser plant built by Indorama Eleme Fertilizer and Chemicals Limited in Port Harcourt. Some Nigerian workers who had written anger-laden petition to the National…

Fidelity Bank says new partnership with Visa’ll grow earnings, inclusion

Leading financial group, Fidelity Bank Plc., has said the new partnership it sealed with world largest payment network, Visa, on its mVisa new payment solution will apart from pushing up financial inclusion in Nigeria, boost earnings. Business Hilights gathered that…

FG halts oil exploration in Northern Nigeria as 48 corpses arrive UMTH

The federal government on Thursday, halted further exploration and search for oil and gas in any part of the northern Nigeria including Chad Basin and Benue hydrocabon region. The announcement was made by the Minister of State for Petroleum, Dr….

Legalise prostitution in Nigeria to end spread of HIV, STDs—Report

In what may sound tentatively absurd, the Nigerian Sex Workers Association (NSWA), though not yet duly registered or officially recongised has called on the Federal Government to make brotel sex work a legal business in Nigeria to curb the spread…

cac logo
ICT

CAC workers end strike on orders of NIA Court, issues still linger

The strike embarked upon by staff of the Corporate Affairs Commission (CAC) was on Thursday called off with immediate resumption of official business activities. The strike was called off on the order of the National Industrial Arbitration Court, Abuja, on…

Rising agents’ compliance now reducing time for goods clearance—PTML Customs

Considering the saying that ‘Do the right thing and go on time’ seems to have started playing out at the Ports Terminal Multiservices Limited (PTML) terminals, Tincan as the Area Controller of Nigeria Customs Service (NCS), Mrs. Modupeola Aremu, has…

NPA seeks more details from Senate Committee on claims of ‘missing’ 282 vessels

The last may not have been heard on the growing differences heating up between the Senator Hope Uzodinma lead Senate Committee on Customs, Excise and Tariff, as the Nigerian Ports Authority (NPA) in a terse statement faulted the claims of…