Senate may cancel deal as CBN, MTN brush down $8.1bn fine to $52.6m
After several intensive engagements in Lagos between telecoms giant, MTN and the Central Bank of Nigeria (CBN), both bodies have in separate statements issued on Monday, disclosed that the they have agreed to $52.6m in settlement of the $8.1bn foreign…
First set of winners emerge in GLOIN60SECONDS online talent contest
Pioneer winners have emerged in Nigeria’s biggest online talent competition, named GLOIN60SECONDS, packaged by national telecommunication company, Globacom. In a statement issued in Lagos on Monday, Globacom said seven winners emerged from the first draw of the contest. The lucky…
Business Hilights scales down production, wishes partners happy New Year
The management and staff of Media Hilights Integrated Company Limited (MHICL), publishers of leading online business news in Nigeria, Business Hilights, will from today, December 24, 2018, scale down productions ahead of system upgrade and restructuring to deepen service delivery…
Access and Diamond: New name, logo, structure’ll define merger or buy-over
By Chido Nwakanma My post on the reaction of Ndigbo to the scheme of arrangement of Access Bank and Diamond Bank unlocked some insights. Thanks to all those who enriched the discourse with their informed, rigorous and passionate contributions. The…
Conflicting facts on local rice production worry Nigerians
Last week, figures from the United States Department of Agriculture have shown that Nigeria’s local rice production in the coming year would be under serious pressure. Otherwise, the data projected that Nigeria’s rice production will drop from $2.48bn to $2.40bn…
MDAs still under recession due to bureaucracy in getting operating funds—BHIU
In August 2016, Nigeria slipped into recession, with the latest growth figures showing the economy contracted 2.06% between April and June. Otherwise, the country saw two consecutive quarters of declining growth, the usual definition of recession. Though the Nigerian Bureau…
FG keeping oil sector hostage as 16 coys apply for 3 oil blocks in Ghana
The observed lack of political will to conduct belated round of oil block licensing since 2016 by the Federal Government has been described as a psudo-kidnapping of the sector by industry stakeholders. However in Ghana, the Energy Ministry weekend, announced…
Roche, W’Bank chart future on Universal Health Coverage delivery
Health experts, policymakers, leading diagnostics equipment manufacturer – Roche Diagnostics and other stakeholders in the health sector recently came together to deliberate on achieving Universal Health Coverage, improving access to healthcare for people and the importance of quality systems. At…
Senator Shehu Sani looks at Nigeria 2019 in retrospect
…..If Buhari didn’t win in 2015, we would have thought by now that Nigeria would have been like London. Thank God he won for everyone to know that he can’t perform magic. Buhari said he does not know anything called…
Ethnic politics, 2019 and 2023, I’m confused
By Fred Chukwuelobe The Vice President, Prof. Yemi Osinbajo, SAN, a pastor in the Redeemed Church, has asked the Yoruba nation to work for a president of Yoruba extraction in 2023 by voting for President Muhammdu Buhari in 2019. The…
