Business Hilights

Tracking Nigeria's Headline Business News Online

Month: October 2018

TD Children
ICT

TD fetes physically challenged, vulnerable kids with ‘THIS IS ME’ campaign in Lagos

Africa’s foremost digital products distribution company, Technology Distributions (TD) Limited, has lent its voice to the call for greater engagement and support for the physically-challenged children and other vulnerable members of the society as a means of restoring their dignity…

Technology-powered retail strategy remains Diamond Bank’s backbone—Dozie

The Chief Executive Officer of Diamond Bank Plc, Mr. Uzoma Dozie, has opened up on why the recently released third quarter results of the bank were looking up and prosperous, saying the bank’s retail and digital strategies have surged the…

Africa: Morocco joins S’Africa as leading investment destinations, Nigeria lags behind

South Africa shares the title of largest African Foreign Direct Investment (FDI) hub with Morocco; Southern, West, East and North Africa all receive more or less equal FDI (measured in project numbers); The USA remains the single biggest country investing…

Confusion over continued deductions of VAT upon waivers by FG on airlines

Months after the federal government, through the Ministry of Transportation had announced the relaxation of five per cent Value Added Tax (VAT) for airline operators, investigations have shown that the tax is still collected by the Federal Inland Revenue Service…

NPA hopeful in achieving ISO 9001, OHSAS 18001 Compliant—MD

The Managing Director Nigerian Port Authority (NPA), Hadiza Bala Usman has given fresh assurance over the determination of the Authority to achieve the ISO 9001 & OHSAS 18001 certification and compliant especially Harbours Services. According to her, the commitment is…

Lagos PSP operators hail return of former LAWMA boss, Oresanya

The Chairman, Association of Waste Managers of Nigeria (AWMN), the umbrella body of the Private Sector Participation (PSP) operators in waste management, Oladipo Egbeyemi, has hailed the corresponding resolutions of both the Lagos State House of Assembly and Governor Akinwunmi…

Silence over NNPC’s acclaimed contractor-financing option for refineries worrisome

Strong indications have emerged suggesting that the Nigerian National Petroleum Corporation (NNPC) and Ministry of Petroleum Resources may have run out of strategic ideas in the revival of the ailing four national refineries. This is based on the fact that…

How Total is driving clean energy initiative via solar service stations in Nigeria

The success of the paradigm shift to clean energy regime by Total Nigeria Plc since the commissioning of the first solar service station ever installed in Nigeria, at Onigbagbo Service Station in 2013, has encouraged the multinational to grow the…

NCC 99
ICT

(Special Report) Of what use is dishing out Infraco licences when Right of Way is elusive?

Feelers over the weekend revealed that the telecoms regulator, Nigerian Communications Commission (NCC), has licensed three new Infrastructure Companies (InfraCos) to bring the total number to six, leaving North Central which the former licencee, IHS has returned its licence on…

A4A1 logo
ICT

A4AI 2018 Internet Affordability Report sees access costly in Nigeria, others

The Alliance for Affordable Internet (A4AI) 2018 Report, has grouped Nigeria amongst 61 low- and middle-income countries where over 60 per cent have unaffordable Internet. Whereas statistics show that majority of Nigerians live below $2.0 per day, the average cost…