Business Hilights

Tracking Nigeria's Headline Business News Online

Month: September 2017

SNEPCo sees good future on Nigeria’s deepwater explorations

Leading investor in Nigeria’s deepwater oil and gas giant, Shell Nigeria Exploration and Production Company (SNEPCo), has reviewed the industry’s 2017 outlook and said deepwater space in Nigeria’s petroleum industry remains attractive. The Managing Director, Mr. Bayo Ojulari, who spoke…

Pepsi’s market share forces Coca-Cola to vote $600m on new products

The advertising cold warfare currently trending on Nigeria’s TV and Radio stations including billboards and online adverts may not be enough for Coca-Cola Nigeria to beat its rivals in soft drinks as the company has decided to change the narrative….

Somalia begs Ghana at ITU, seeks to model agency after NCA

Because of the innovations and industry regulatory intelligence so far demonstrated in Africa by the Ghanaian National Communications Authority (NCA) over the years, the Special Advisor to the Somalian Minister of Communications enquired from the NCA how to establish an…

NSE plans 2nd Market Data Workshop next week in Lagos

The Nigerian Stock Exchange (NSE) is set to host the second edition of the NSE Market Data Workshop. A statement issued by the media officer coordinating the event, Abimbola Akindolire, the 2017 edition will among other sectors, target retail &…

Glo splashes free data to subscribers’ today

Subscribers of the grandmasters of data, Globacom since today have been enjoying free 200MB courtesy Glo FREE DATA DAY. In an sms earlier today to millions of subscribers, the network said “”its FREE DATA DAY! Hope you are having fun…

Sanusi, Elumelu give antidote on how to reduce spending, grow economy

Two leading economic experts, former Governor of the Central Bank of Nigeria, Emir of Kano, Muhammadu Sanusi II and the Chairman, United Bank for Africa Plc, Mr. Tony Elumelu, have advised the National Assembly to give priority to bills capable…

ICT

Nigeria in danger of being left behind in 5G disruptions—ITU boss

Secretary General, International Telecommunications Union (ITU), Houlin Zhao has challenged African nations and Nigeria in particular to speed up nationwide broadband penetration which is currently at 21 per cent so as to key into the emerging 5G that will take…

NITDA pantami
ICT

NITDA unveils 10 startups for GITEX 2017

The National Information Technology Development Agency (NITDA) has shortlisted 10 technology startups for the 2017 GITEX Technology Expo and Conference to be held in Dubai from October 8-12 this year. A source from the agency revealed that the 10 tech-ambassadors…

Atcon teniola
ICT

Nigeria ICT in need of broad short, long-term plans for growth—ATCON

The President of Association of Telecommunication Companies of Nigeria (ATCON), Engineer Olusola Teniola has argued that for Nigeria’s Information and Communications technology (ICT) potentials, there is the urgent need to immediately draw up a robust short and long-terms plans of…

5 Nigerian banks hit by NPL concentration risks—Report

More reasons why the Monetary Policy Committee (MPC) meeting on Tuesday, retained all the critical rates controlling the banking sector are still emerging. Details from the recent Banking Industry report by Agusto & Co. showed that about 47 per cent…