Trouble looms as NERC awaits FG’s nod to up electricity tariff by 61.5%
Serious disquiet in the nation’s electricity sector is emerging should the federal government gives nod to the proposal of the Nigerian Electricity Regulatory Commission (NERC) to arbitrarily jerk up tariff payable by electricity consumers by 61.5 per cent. NERC revealed…
Experts list losers in FinTech, draw roadmap on inclusion @ NITRA summit
Segments of the Nigerian population that were apparently left behind in Financial Technology (FinTech) inclusion have been revealed. It would be recalled that the World Bank had in earlier days of technology revolution, averred that Financial Inclusion means that individuals…
TStv dealers’ now in every state, Lagos, FCT, Kano lead
Arrangements that will see prospective subscribers across the nation access the new pay-TV, Telecom Satellite television (TStv) services have been put in place and are currently running. Checks by Business Hilights on the official website of the company showed that…
Buhari fails in his promise to be Minister of Petroleum for 18 months
More than two years after informing Nigerians that he is going to combine the post of Minister of Petroleum Resources and President of the country for only 18 months, the presidency has remained silent on why President Muhammadu Buhari is…
Subscribers rush for new Spectranet’s Pebble Mifi for real 4G
Leading internet service provider, Spectranet 4G LTE recently unveiled its latest Pebble MiFi that comes with unique classy features matched with speed and reliable data services. According to the managing director, Mr. David Venn, “The Pebble Mifi device is an…
How tight monetary policy intelligence earned CBN Forbes award
Considering the Governor of the Central Bank of Nigeria’s (CBN), successful trail of the fragility and threatening developments in the Nigerian economy this year, the Forbes Magazine has conferred to the Governor, Mr. Godwin Emefiele, with the 2017 Forbes Best…
How Fidelity Bank sold highest-yielding Eurobond this year
Leading retail banking giant, Fidelity Bank is the third Nigerian bank to sell Eurobonds this year after Zenith Bank Plc and United Bank Plc, but it sold the highest-yield from emerging markets before higher United States interest rates push up…
Coscharis commissions new Ford Assembly plant in Lekki
…Rolls out fleets of Ford Ranger Leading indigenous investor in automobile, Coscharis Group weekend, commissioned its state-of-the-earth Ford Assembly plant along Lekki Expressway, Lagos. The climax of the colourful event was the unveiling of ready to use 600 units of…
NSC deepens calls for investors in ICDs, TTPs
Nigerian Shipper’s Council (NCS) is currently seeking more investors to buy into the new windows created by the Inland Container Depots (ICDs) and the Truck Transit Parks (TTP), in the nation’s shipping industry. Both PPP projects, according to the Council…
NPA ends rhetorics, links Intels crisis to TSA noncompliance
Following a reply to the Nigerian Ports Authority’s (NPA) termination of its pilotage monitoring and supervision agreement with maritime logistics firm, Integrated Logistics Services Nigeria Limited (Intels), the federal agency has linked the cancelation to Intels noncompliance to Treasury Single…
