Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2018

9mobile 88
ICT

NCC silent on Teleology as emerged bid winners of 9mobile, plots stress test

What can be easily seen by followers of the endless sale of troubled 9mobile, formally Etisalat Nigeria as new twist is the latest decision of the Board of the Nigerian Communications Commission (NCC). Otherwise, whereas the board reassures industry stakeholders…

Onu 3
ICT

Science/Tech regularly clashing with Shittu’s Ministry in ideas, others—BHIU

More facts are still emerging, suggesting real traces of similarity of purposes and near duplication of development processes than synergies that can lead to effective merger of both ministries of Science/Technology and Communications. Whereas Dr. Ogbonnaya Onu is the Minister…

GSMA
ICT

GSMA asks global policymakers’ to get ready for huge data traffic in cities

The GSMA has asked policymakers across the world to come up with supportive policies that can take care of rising data demand via the mobile phone to avoid mobile network “traffic gridlock” in major cities. The new report averred that…

FG opens up on plans to review Dana, other airlines safety details

The recent back-to-back air related incidents that engulfed Dana Air last two weeks, the Federal Government has said that it will beam its searchlight on Dana Air and other airlines operating in the country to ensure that Nigerians travelling by…

Barges to evacuate cargoes to reduce the pressure on the Port Access Road—NPA

The managing director of the Nigerian Ports Authority (NPA), Hadiza Bala Usman, has once again stated that moves are on to encourage the movement and evacuation of cargoes from the nation’s Seaports to the hinterland across the country using barges….

Stakeholders reject peripheral repairs on Tin Can-Coconut road section

Leading stakeholders and key port operators at Tin Can Island Port, Apapa in Lagos have started viewing the ongoing selective road repairs tagged palliative repairs by the federal government as unacceptable and not capable of salvaging the rot on the…

Beyond semantics, only repair of refineries, pipelines solution to fuel crisis—PENGASSAN

Beyond the federal government’s silence on real issues causing the intractable scarcity of fuel since the upward journey of crude oil price which remains the sorry state of national refineries still three year in the life of the current government,…

Minister silent on controversial Israeli security deal, assures secured maritime domain

The Minister of Transportation, Mr. Rotimi Amaechi has assured stakeholders in the maritime sector that the Federal Government will leave no stone unturned in actualizing its goal for a safer and more secured maritime domain in the Nigeria. Speaking at…

Bank loans for industries only available on papers not in reality—MAN

The leadership of the Manufacturers Association (MAN), has opened up on what they described as frustrating and near elusive posturing of Nigerian banks on issues of business facilities for manufacturers, saying many banks in the country have not demonstrated enough…

Activities at Nigerian Stock Exchange that’ll lead decisions this week

Issues on Global Economy: Consumer prices in Japan rose by 1.4% y/y in January – the highest since March 2015 – above 1.0% y/y increase in the previous month, and polled expectations of 1.3%. The rise in prices was majorly…