Business Hilights

Tracking Nigeria's Headline Business News Online

Day: November 20, 2017

Glo johnbull
ICT

Glo flags off new season of Professor Johnbull TV Drama

Viewers of the popular TV Drama Series, Professor Johnbull, sponsored by the grandmasters of data, Globacom, will this Tuesday be treated to another entertaining episode as Season 5 of the series berths on NTA Network, NTA International on DSTV Channel…

Nigerian deportees relive horrible experiences in Libya at SCOAN

Live Sunday Service yesterday, at the Synagogue Church of All Nations (SCOAN), Ikotu-Egbe, Lagos, was laced with thought provoking testimonies and life accounts of Nigerian deportees from Libya. Business Hilights investigations have shown that for some time now, SCOAN has…

$10bn inflow in 6 months shows rising foreign confidence—Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has revealed that results from the effectiveness of the CBN Investor and Exporters FX window created to stabilise the naira, has seen about $10bn inflows to the economy. Explaining…

BVN victims relieved as Judge reverses forfeiture ruling, blocks withdrawal

Relief is underway for millions of bank account holders’ especially rural dwellers and Nigerians in Diaspora as the federal High Court judge who had earlier granted an order for account forfeiture based on no availability of Bank Verification Number (BVN),…

BoI erred in issuing 30 days ultimatum for pending loan applications—Analysts

Though the Bank of Industry (BoI) has said it reduced turnaround time for loan applications, and issued a 30-day ultimatum to its customers to complete their documentations, industry observers have objected to the ultimatum. According to a cross-session of business…

FOU Zone ‘C’ Owerri records 41 seizures valued at N543.18m in two months

Details revealed by the Federal Operations Unit (FOU) Zone ‘C’ of Nigeria Customs Service (NCS), Owerri have shown that the command recorded 41 seizures of contraband worth of N543.18 million in the last two months. The Area Controller in the…

NITDA-logo
ICT

Why MDAs are avoiding .gov.ng domain contrary to NITDA’s directive

More facts have emerged on why over 35 Ministries, Departments and Agencies (MDAs) are yet to run on .gov.ng domain, but continue on .ng, .com and .org. Before now, the National Information Technology Development Agency (NITDA) has said any government…

big-data
ICT

Analysis: The golden ratio behind people, data and machines

By Adebayo Sanni A recent report from Forrester Consulting joins numerous others in showing that companies with mature big data and analytics strategies are two times more likely to say they were seeing significant improvements in growing revenue or other…

Socail M
ICT

Facebook, Google, Microsoft drill MDAs on social media imports

Federal Ministry of Communications’ SOCIAL MEDIA FOR GOOD GOVERNANCE Seminar supported by Nigerian Communications Commission, NITDA, NIGCOMSAT, NIPOST, Galaxy Backbone PLC, as well as Facebook, Google, and Microsoft. #sm4gg #socialmedia4gg #fmocsocialmedia Report claimed the event was held in Lagos, but…

NBS report casts doubt on NNPC’s claims of dropping products prices

Barely one month after the Nigerian National Petroleum Corporation (NNPC), came out to claim that prices of regularly used petroleum products including diesel, kerosene and even cooking gas have dropped, the latest report of the National Bureau of Statistics (NBS)…