Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2018

Prevailing IFRS 9’ll end late discovery of loan losses in banks—Akinyemi

Leading accountant and Principal Partner, ROAC Chartered Accountants, Mr. Olugbenga Akinyemi, has revealed the most strategic aspect of the current accounting regime of the International Financial Reporting Standard 9 (IFRS 9). According to him, “With the effective takeoff of the…

Nigeria going in wrong direction, CLEEN Foundation survey reveals

A survey anchored by CLEEN Foundation, Practical Sampling International and Afrobarometer, has shown that “For Majority of Nigerians, standard of living has moved from bad to worse in the last three years”. Otherwise, the report averred that public perception of…

TStv Alvan
ICT

TStv begins massive sales, distribution of TStv sassy decoders nationwide—Brand Amb

Emerging leaders in terrestrial television service and Pay TV group, TStv, on Sunday April 1, put paid to its earlier promise to begin the massive sales and distribution of TSTV sassy decoders across Nigeria and other parts of Africa. Business…

NBC Kawu Modibbo
ICT

DSO: NBC boss, Kawu clarifies issues on deployment of DTT, DTH technologies

For the sake of policy clarity, the Director General of National Broadcasting Commission (NBC), Mallam Is’haq Modibbo Kawu has explained circumstances that will warrant deployment of DTH boxes in the ongoing drive to deliver Digital Switch Over (DSO) to Nigeria….

CBN Deputy Governors, MPC members assume duty after Senate U-Turn

(L-R) Mr. Moses Tule, Director, Monetary Policy Department, CBN; Dr. Aliyu Rafindadi Sanusi; Dr. Robert Asogwa, MPC members; Mr. Lametek Edward Adamu, Deputy Governor, CBN; Mr. Adebayo Adelabu, Deputy Governor (Operations), CBN; Mr. Godwin Emefiele, Governor, CBN; Dr. Okwu Joseph…

Glo-sponsored CNN African Voices showcases 3 contemporary music icons

British-Nigerian singer and songwriter, Ola Onabule and two other African contemporary musical exponents will this week take centre stage on a new edition of CNN African Voices sponsored by telecommunications company, Globacom. Highly prolific, Onabule’s career spans two decades with…

As FG readies to earn $560bn from Lekki Deep Seaport, can Lagos survive the gridlocks?

Giving details of the aggregate economic advantage during the recent presidential visit to Lekki Deep Seaport in Lagos, President Muhammadu Buhari noted that on completion in 2020, the facility will be earning Nigeria’s economy $560 billion with an estimated $361…

Coscharis Special Easter Package for Jaguar Customers in Nigeria ends today

The Easter offer to customers who are ready to buy any Jaguar variant will end today, April 2, 2018. Jaguar is represented by Coscharis Motors representing Jaguar in Nigeria, said the opportunity to enjoy an all expense paid trip to…

Chinese illegal miners’ exploiting resources without licences, due process in Africa

There is now a growing concern about what African countries may be getting in return of barrage of cheap loans and grants from China. At a time governments in Africa is focusing on amassing almost free monies from China for…