Business Hilights

Tracking Nigeria's Headline Business News Online

Month: October 2017

NCC head office, Abuja
ICT

900,000 new internet users in Nigeria hit networks in September—NCC data

Latest report released and posted on the website of the Nigerian Communications Commission (NCC), on Tuesday has shown that subscribers browsing the internet in Nigeria increased to 93 million in September from 92.1 million the previous month. This means, about…

Shittu 88
ICT

NIGCOMSAT, NIPOST fight for relevance with rural broadband service rollout

Two hitherto moribund agencies of the federal government under the ministry of Communications, NigComSat Limited and Nigerian Postal Service (NIPOST) have formed a partnership that will up their relevance in Nigeria. To this end, both agencies have concluded plans for…

glo logo
ICT

Glo added 20 new BTS to drive leadership in 4G services—-Israni

The Regional Chief Marketing Officer of Globacom, Mr. Ashok Israni has revealed that Glo will continue to maintain lead in the advancement of 4G experience in Nigeria and remain the grandmasters of data. Speaking on the sidelines in Lagos during…

Lafarge Africa unveils pioneer Truck Driving School in Nigeria

To ensure skilled drivers, sound trucks and safe road use, Lafarge Africa Plc, has invested well over ₦132m to train hundreds of truck drivers in a tailored driving institution in Nigeria. The first batch of 200 drivers will be part…

NTC Act coming to revolutionize transportation in Nigeria—Ashafa

With the level of legislative inputs, the National Transport Commission (NTC) Bill, currently at its final stage, would change all the negative narratives associated with the Nigerian transport system. This was the submission of the Chairman, Senate Committee on Land…

ULC, aviation professionals see job loss coming with airports concessioning

President of rival and yet to be registered United Labour Congress (ULC), Joe Ajaero, and members of the Association of Nigerian Aviation Professionals (ANAP), have carried out a joint protest to register their fears of job loss should airports be…

‘Blackout’ in Jos, as JEDC sacks 150 workers to raise output

In what the Jos Electricity Distribution Company (JEDC) styled as part a re-organisation aimed at optimum performance, it has sacked 150 workers. Majority of the sacked workers were marketers, linesmen, network engineers, cable joiners and electrical fitters, serving in its…

Gas project with NNPC, IOCs designed to drive Ondo economy—Akeredolu

The Governor of Ondo State, Mr. Rotimi Akeredolu, has given additional insights on the target of the state government in tracking new developments in the gas sector with leading International Oil Companies (IOCs) and the Nigerian National Petroleum Corporation (NNPC)….

Nigeria’s failed target of ending dirty fuel imports worries Ghana

The Deputy Minister of Energy in Ghana, Dr. Mohammed Adam, has expressed worry on the inability of Nigeria to keep to its July 2017 deadline of ending importation dirty fuel or petrol with high sulphur content. Speaking in Lagos on…

Lafarge target N25b commercial paper before month end, N131.6b rights issue

Final arrangements have been sealed for the issuance of N25 billion in commercial papers from a N60 billion programme by leading cement solutions provider, Lafarge Africa Plc. this month Explaining more on the issue during the recent release of its…