Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2018

OPEC’s claims of Nigeria’s excellence in oil sector data deceitful—Expert

Barely few days after the Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria has maintained an excellent record in the submission of data from its oil and gas sector in the past three years, industry experts have viewed…

ExxonMobil, NYIF rift deepens as 30-day ultimatum begins over non-employment

Avoidable shutdown of ExxonMobil operations in Akwa Ibom may be underway in 30 days period if the international oil company fails to heed to the demands of the Nigerian Youth Initiative Forum (NYIF), over the alleged stoppage of giving contracts…

OPEC official sees oil market balancing before year end

Contrary to earlier speculations that global oil prices will begin to balance up some time next year, a top official of the Organisation of Petroleum Exporting Countries (OPEC), Suhail al-Mazrouei said Tuesday he expected the global oil market to be…

Poor credit access, key frustration against Nigeria’s gain from AGOA, ETLS—SMEDAN

Rising from a strategic capacity building programme for Micro Small and Medium Enterprises (MSMEs), held in Owerri, the Imo State capital, the Director General of Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Dr. Dikko Umaru Radda, has opened…

Like Nigeria, Ghana government mulls cattle ranches to end farmers/herdsmen crisis

Barely three weeks after warning that Ghana will not tolerate the incessant farmers/Fulani herdsmen bloody clashes in Nigeria, the Inspector General of Police (IGP), David Asante-Apeatu, has given indication of government’s readiness to create ranches in the country for cattle…

Latest NBS’s report on economy shows snail speed recovery, real sector weakest

More indications that the Nigerian economy is still in need of serious policy actions for fast recovery have been revealed by the latest report of the National Bureau of Statistics (NBS). Otherwise, though the just released Nigeria’s Q4-2017 GDP figure,…

Atcon teniola
ICT

Only enforcement of CGC can effectively resolve teething interconnection debt—Teniola

Beyond rhetoric and bulk-passing currently trailing the high debt pile up on interconnection fees, payable by telecoms operators amongst themselves, the President of Association of Telecommunications Companies of Nigeria (ATCON), Mr. Olusola Teniola, called on the Nigerian Communications Commission (NCC)…

Bharti Airtel
ICT

Bharti Airtel may list on Nigerian Stock Exchange before MTN Nigeria if…

There are strong indications that leading Indian player in the nation’s telecoms industry, Airtel may hit the Nigerian Stock Exchange (NSE) for listing earlier than MTN Nigeria. This emerged from the discovery that parent company of the group, Bharti Airtel…

Orange Telecoms
ICT

Orange, Apigate partner to unveil API hub in Asia, the Middle East, Africa

Orange, one of the world’s leading telecommunications operators, and Apigate, a subsidiary of Axiata Digital, announced a new partnership to strengthen their respective API hubs as part of their mutual ambition to advance global digital transformation. Apigate and Orange’s new…

Multiple ID system hindering effective credit delivery –Ghanaian expert

At a time the Director General of National Identity Management Commission (NIMC), Engineer Aliyu Aziz had been crusading the need for all Nigerian to go and register for his or her National Identity Number (NIN); a lead to national ID…