NCC helpless, silent as GSM majors squeeze ISPs with floorless data price regime
If the current suspension of the review of Data Price Floor (DPF) by the regulator, the Nigerian Communications Commission (NCC) continues, chances are that more Internet Service Providers (ISPs) will shut down and go out of business. Investigations by Business…
Only a deep pocket investor can buy 9Mobile, drive competition–BH Survey
Scanty details from the management corridor of 9Mobile, formally Etisalat Nigeria tend to suggest that suitors, otherwise, buyer pretenders and contenders are lining up, but none is yet to make public its plan to become the next owner of the…
‘Campus Marriage’ on Glo’s TV drama series, Professor Johnbull Tuesday
Known for its curious takes on contemporary societal issues, ‘trial marriage’, a strange but growing habit among students of higher learning in the country will come under scrutiny in today’s edition of hilarious TV drama, Professor Johnbull. Leading national carrier,…
Nigeria on average of one ATM to 3,556 customers—NIBSS Report
Latest report of the Nigeria Inter Bank Settlement System (NIBSS) accessed by Business Hilights has once again, exposed the inadequacies of Automated Teller Machines (ATM) deployed across the federation. According to the statistics, the number of ATM deployed in the…
41 Forex restricted items, deadly drainpipe to country’s reserves—-CBN
The Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has once again, restated the resolve of the bank to maintain its stand in the prevailing restriction imposed on 41 items from its flexible access to foreign exchange window….
States’ W/Bank ranking’ll expose regulatory hostilities to businesses—Expert
New idea of the World Bank to rank Nigerian states on ease of doing business will expose the real cause of stagnancy in new local business developments across the states. A leading development economist, Dr. Ken Igboanugo has said. In…
FCMB ‘Millionaire Promo Season 4’ makes more customers millionaires nationwide
More fortunate millionaires have emerged on the ongoing First City Monument Bank (FCMB) Millionaire Promo Season 4. The promo, the second since March, was held at the regional and zonal levels of the bank across Nigeria. Winners of N1million each…
20m graduates currently unemployed in Nigeria—Minister
The Minister of Communications, Alhaji Adebayo Shittu has opened up on the ravaging scale of youths and graduate unemployment in Nigeria, saying figures available to him show that over 20 million graduates are not employed. Though he did not proffer…
Zero budget for R&D, key challenge facing FIIRO—DG, Elemo
The Director General of the Federal Institute of Industrial Research Oshodi (FIIRO), Dr. Goria Elemo has fingered lack of adequate fund for research and development as one of the most crucial challenges facing the institute. In an interview, she said…
Why investment in prepaid meter may not work in Nigeria
That the Minister of Power, Works and Housing, Mr. Babatunde Fashola, opened up to Nigerians recently that the 11 distribution companies would need about N220 billion to provide prepaid meter to power consumers is no more news. Besides, the Discos…
