Business Hilights

Tracking Nigeria's Headline Business News Online

Month: July 2018

PTDF commits to bridging gaps in local content, capacity development in industry

The management of Petroleum Technology Development Fund (PTDF) has assured on its readiness to raise the capacity of indigenous players in oil and gas industry to effectively takeover deep pocket activities from multinationals. In his keynote address at the induction…

Uganda, first African to de-risk small, medium scale renewables on German aid

Uganda weekend, become the first African country to sign an agreement with the Regional Liquidity Support Facility (RLSF), a joint initiative of the African Trade Insurance Agency (ATI), a Pan-African and multilateral guarantor and KfW with funding from German Ministry…

For more, PDP may delay plans for special NEC to receive defectors from APC

Following the recent erosion of party faithful from the ruling All Progressive Congress (APC) to the Peoples Democratic Party (PDP), the leading opposition party has flagged off plans for a mega reception, vide its National Executive Committee to receive defectors…

NBC kawu 33
ICT

NBC fines Daar Comms over flagrant, persistent breaches on broadcasting code

The National Broadcasting Commission (NBC) has on Thursday July 26, 2018 imposed a fine of N500,000.00, on Daar Communications Group, owners of Africa Independent Television (AIT) and Ray Power Radio. Business Hilights recalls that Ekiti State Broadcasting Corporation was recently…

SoftTalk Messenger
ICT

Japan-based Nigerian developer to unveil indigenous messaging app, SoftTalk

Digital wizkid and Japan-based Nigerian developer, Simple Azenabor, is currently giving finishing touches to his platform, SoftTalk Messenger, a social media messaging app, ahead of launch in Lagos very soon. Whereas industry analysts say the globally expected App may compete…

MTN Microsoft
ICT

MTN, Microsoft seal MoU on scalable initiatives to deepen SMEs performance

As part of its commitments to grow Small and Medium Enterprises (SMEs) segment of the Enterprise Business in Nigeria, leading telecom giant, MTN Nigeria has sealed a collaboration agreement with Microsoft to create raise ease of doing business in the…

Global experts to sum review of critical issues hobbling takeoff of AfCFTA today

…Issues include competition policy, protection, intellectual property rights, e-Commerce In view of the cold feet so far demonstrated by larger economies in signing the African Continental Free Trade Area (AfCFTA), global multinational financial and governance institutions are about now, concluding…

Many aviation experts still confused on how FG is structuring Nigeria Air

…As Ojikutu explains how to float a private sector driven national carrier Just as more aviation professionals have continued to pick holes on the apparent veiled way and manner the federal government through the Minister of State for Aviation, Capt….

Customs: FOU Owerri neutralizes smugglers, says fighting scourge everyone’s role

The Comptroller, Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘C’ Owerri, Comptroller Azarema Ahmed Abubakar, has averred that whereas his officers and men will continue to hit hard on smugglers, fighting illegal trade remains everybody’s duty. Elated Abubakar,…

Adenuga, others seek review of policy framework for downstream petroleum sector

To ease up marketers’ credit portfolio burden, especially as it relates to the issue of pricing of Petroleum Motor Spirit (PMS), the Chairman of Conoil Plc, Dr Mike Adenuga Jr, is now leading a fresh call on the federal government…