Vodafone remits $478m home, fails to pay tax in Ghana for 6 year
…Hearing comes up today in court Leading telecoms service provider in Ghana, Vodafone, has not paid Company tax for the last six year it has been operating in the country, but has remitted GH¢2.1 billion ($478m) to its parent company…
2-day summit on digital PR begins today in Lagos
The Lagos State Chapter of the Nigerian Institute of Public Relations (NIPR), will today at the Nigerian Institute of Management, kick off the second edition of its digital media training programme. The organizers said in a statement that the Lagos…
Most false declarations in connivance with Customs officials—Survey
Undercover investigations carried out by Business Intelligence Unit (BIU) of Business Hilights Publications between September 15 and October 15, 2017 in both Lagos ports of Apapa and Tincan have revealed that there is no case of false declaration by an…
Disquiet at NIMASA over NLNG’s demands for $315m judgement debt
Palpable disquiet can best be described as the scenario at the management hierarchy of the Nigeria Maritime Administration and Safety Agency (NIMASA) since Monday when the Nigeria LNG Limited made it public that it had formally issued a demand notice…
No proof that masts, BTSs release harmful radiation—NCC
The Nigerian Communication Commission (NCC), has once again reiterated its stand that there is no evidence to back the claims that masts or Base Transceiver Stations (BTSs) produce radiation that is harmful to human health. Speaking at the recent 88th…
Finally, Buhari signs Niger Delta Petroleum Varsity bill into law
After several months of passage of the bill by the national Assembly, President Muhammadu Buhari on Tuesday signed into law, the bill establishing the University of Petroleum Resources, Effurun, Delta State. It would be recalled that trouble had started at…
NCC, Ericsson failed to discuss sack of Nigerians for Indians during visit
There were no discussions on the recent sack of Nigerian engineers working for Ericsson operations in Nigeria as top management staff of the multinational technology and networking Equipment Company, recently paid a courtesy visit to the Nigerian Communications Commission (NCC),…
7 days after 48 hours threat on telcos to deactivate unused SIMs, NCC mute
The Nigerian Communications Commission (NCC) is yet to take any action, one week after it gave telecoms operators order to deactivate any subscriber identity module (SIM) card that was registered but unused after 48 hours. Analysts say the need for…
25 months after, Agbakoba asks court to sack PMB as minister
Former president of Nigerian Bar Association (NBA) and Senior Advocate of Nigeria (SAN), Dr. Olisa Agbakoba, on Monday, approached an Abuja Federal High Court, seeking the enforcement of Section 138 of the 1999 Constitution which forbids the President from “holding…
Why NPLs in 14 banks jumped to N177bn in 2017 H1
…As Zenith Bank records profit within the period Fresh fact has emerged on why nonperforming loans (NPLs) of 14 leading commercial banks in Nigeria jumped to N177.3bn within the first half of 2017. Business Hilights observed that whereas the 14…
