Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2018

Funding frustrating automation of Aeronautical Information Service—NAMA

Whereas the Nigerian Airspace Management Agency (NAMA), remains committed to the course of maintaining safety of the Nigerian airspace, the Managing Director of the agency, Capt. Fola Akinkuotu, has traced the inability to automate Aeronautical Information Service (AIS) to issues…

Serious realignments begins at National Assembly as APC loses 2 to PDP on Wednesday

Just as the Chairman, House of Representatives Committee on Interior, Adams Jagaba, has dumped the ruling All Progressives Congress (APC) for the opposition Peoples Democratic Party (PDP) on Wednesday plenary, vociferous politician and Senator representing Kogi West Senatorial district, Dino…

Nigerians in Diaspora want INEC to reconsider independent candidacy in 2019

A cross section of Nigerians in Switzerland on Tuesday urged the Independent National Electoral Commission (INEC) to join the comity of democratic nations by mainstreaming independent candidacy in the electoral process in 2019. They made the call against the backdrop…

Okorocha’s APC crisis linked to high-handedness, family affairs tactics—Party faithfuls

More facts have emerged on why the crisis rocking the ruling All Progressive Congress (APC) in Imo State may not end as soon as possible or end faster with the collapse of the Governor, Owelle Rochas Okorocha, as the party…

Union-Bank-logo
ICT

Union Bank’s Robotic Process Automation may cost jobs in the long run—Expert

Digital analysts have started picking holes on the recent introduction of Robotic Process Automation (RPA) by Union Bank Plc in some segments of its operations. The bank argued that the RPA would ease routine banking operations especially in the area…

NCC 99
ICT

17 expired ISPs’ licences yet to be renewed since February, 22 due next year

Barring last minute rush, chances that internet services will start to display signs of poor quality of service are imminent due to inability of about 17 Internet Services Providers (ISPs) whose license had expired since February to renew them. Findings…

Ease of doing business at ports mere political setup to confuse Nigerians—Amiwero

Vociferous maritime industry analyst and stakeholder, who doubles as National President of the National Council of Managing Directors of Licensed Customs Agents (NCMDLCA), Mr. Lucky Amiwero, has described efforts of the government in driving ease of doing business at ports…

CBN may not release $2.5bn currency swap framework this week as promised

Though the Central Bank of Nigeria (CBN), last week assured that it will before the end of this week, release framework for the effective implementation of the sealed $2.5bn currency swap deal with China Central Bank, checks at the head…

Leasing industry growth traced to macroeconomic indices, demand, new entrants—ELAN

The leadership of the Equipment Leasing Association of Nigeria (ELAN), has traced the observed growth trend in 2017 to the relative stability in the macroeconomic environment, increasing demand, new entrants in the industry and increased value of assets due to…

Guinness Nigeria unveils ‘Smashed’ campaign against underage drinking in Lagos

The ‘Smashed’ campaign introduced by Guinness Nigeria targets 14–17-year olds (SS1 – SS3 students) in government and private schools across Lagos State by professional actors, along with follow-up interactive workshops. About 28 schools in Lagos benefitted from the innovative corporate…