Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2018

Ghana may soon ban importing fairly used cars to save the environment

Influx of fairly used vehicles laced with obsolete technology whose carbon dioxide emissions (CO2) and fuel consumption might no longer be in compliance with the manufacturers’ standards in Ghana between 2005 and 2016 has been traced to be a major…

NITDA pantami
ICT

NITDA releases fresh guidelines on combating cyber security threats in Nigeria

In line with its statutory mandate, the leadership of the National Information Technology Development Agency (NITDA) has come up with tipoff on how to be safe against instances of cyber attacks this year. Accordingly, NITDA has issued a warning to…

ATCON NTITA 22
ICT

NCC restates looming sanctions for call-masking offenders, sees drop in act

The Nigerian Communications Commission (NCC), has restated its resolve to impose maximum possible penalties on any of its licensees implicated in the practice of masking of international telephone calls. Meanwhile, customer experience data monitored by the Commission indicates that there…

Banks shouldn’t see FinTechs as competitors, but partners—Awojobi, CIBN boss

The Chief Executive Officer/Registrar of the Chartered Institute of Bankers of Nigeria (CIBN), Mr. ‘Seye Awojobi, has called on Nigerian money deposit banks to stop seeing operators of Financial Technology (FinTech) platforms as competitors’, rather partners in progress. Speaking in…

Access Bank, Western Union reward customer with new car

In keeping with its customer-centric policy, Access Bank Plc’s customer has been presented with brand new car at an event in Lagos as one of the winners in the Western Union year-end promotional campaign. Access Bank was among the lenders…

ABCON welcomes move by FG to return Nigeria to JP Morgan Index

The Association of Bureaux De Change Operators of Nigeria (ABCON) as described the current plan of the federal government to to return Nigeria to JP Morgan Index excites, saying the switch will mean well for the economy. In a statement…

FG earns $177.5m daily, 112.5m for FAC, 65m for ECA since oil rose to $71

As Nigeria’s oil production hits 2.5mb/d, it means that crude production now stands 1.8 million barrel per day without condensate, and 2.5million per day with condensate. This was the revelation of the Group Managing Director of Nigerian National Petroleum Corporation…

Dangote lifts Bayero University Business School with N1.2bn lifeline

Cruising ahead with his avowed commitment to encouraging entrepreneurship in the country as a way out of the economic doldrums, richest Africa’s business magnate, Aliko Dangote, has donated another N1.2 billion structure in aid to the Business School of Bayero…

Collapse of Nigeria’s Great Green Wall scheme fueled herdsmen attacks—BH Report

The ongoing rise in herdsmen/farmers clashes in parts of the country has forced experts to conduct researches with a view to find out government programmes that would have solved the crisis ahead of time, but was not implemented to the…

Expect release of NPA’s 2017 revenue very soon—NPA

Contrary to insinuations in some quarters that the management of the Nigerian Ports Authority (NPA), despite the assurance by its Managing Director, Hadiza  Bala  Usman, that the authority made over N250 billion last year, the document is almost ready for…