Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2017

Bharti Airtel
ICT

Bharti Airtel may change thought on African operations following $52m profit in Q1

…May revise to join in bid for 9Mobile Parent company of Airtel Nigeria, Bharti Airtel who recently created an impression of reducing stakes in Africa may begin to change its mindset considering a strong profit of about $52million  it recorded…

MTN shop
ICT

MTN transiting from losses to profit-making after turbulent 2016, but…

Surprisingly, even as subscriber base of the group is nose-diving in both Nigeria and Ghana,  the MTN group, indigenous continental largest telecoms operator has moved away from a turbulent 2016 characterised by fines and sanctions to profit regime. MTN said…

Chris Ngige
ICT

Lazy employees in trouble as Agile Group introduces solution to track them on duty

Canada based technology solutions provider, Agile Advisor has landed in Nigeria with the aim of providing solutions for employers to maximize the potentials of their workers who had been in the habit of evading duties at the expense of the…

Disquiet in oil & gas, IT, construction sectors over expatriate certification policy

Anxiety, apprehension and confusion can best be used to describe the scenarios now playing out in several companies dominated by expatriates after the announcement by the federal government on Wednesday that it has approved a new policy which stipulates that…

Fidelity Bank working to create Aliko Dangotes of tomorrow—Okonkwo

The Managing Director/Chief Executive Officer of Fidelity Bank Plc., Mr. Nnamdi Okonkwo, has vowed to raise new set of industrialists like the leading industrial giant of present Africa, Alhaji Aliko Dangote, using a world class partnership with the Anambra State…

Dangote refinery has capacity for 70% of local demand, end imports from 2019—Ikeji

Leading oil and gas law expert and consultant, Mr. Ikechukwu Ikeji, has hinted that “All things being equal, the emerging multibillion dollar Dangote refinery will among other things, be a big game changer”. In an interview, he told Business Hilights…

Sponsored Content: Virgin Atlantic; Helping Nigerian entrepreneurs take off, every day

By Virgin Atlantic Virgin Atlantic was founded by entrepreneur Sir Richard Branson over 30 years ago after he decided the UK aviation industry needed shaking up and an injection of style. On 22nd June 1984, Virgin Atlantic’s inaugural flight to…

Can NNPC effectively satisfy home, Ghana, and now Cote d’Ivoire gas demands?

Whereas the Nigerian National Petroleum Corporation (NNPC), on Wednesday, revealed having received request from Cote d’ Ivoire to extend the West African Gas Pipeline (WAGP) from Ghana to Cote d’ Ivoire, an issue of meeting market demand has risen. Though…

Fake energy-savings bulbs may frustrate MAN’s plan to save N18bn annually

The noble idea being put up by the Manufacturers Association of Nigeria (MAN) before the federal government to put in place energy-saving policy and compel consumption of compact fluorescent lamp (CFL), will save well over $49 million (about N18 billion)…

Twist as NIWA cuts short LASG excitement, hits S/Court on waterway control

Barely less than two days after the Lagos State Government heaved a sigh of relief over the judgment of the Appellate court returning jurisdiction of Inland waterways to Lagos State, the National Inland Waterways Authority (NIWA) has approached the Supreme…