Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2019

Anxiety in Ghana as Uber driver remanded for robbing passenger

Uber, leading digitally driven urban transportation group is currently having issues in Ghana as an Accra Circuit Court has remanded an Uber driver for allegedly robbing a female passenger. Though the suspect, Samuel Osei, alias Nana Bekoe, 39, denied the…

Ikeja Electric cautions Nigerians against activities around power lines

Nigeria’s leading electricity distribution company, Ikeja Electric Plc (IE), has cautioned the public under its network against building structures and engaging in social and economic activities under power lines. In a renewed commitment to its high safety standards, the company…

FG extends closing date for SoQs on Nigerian Gas Flare Commercialization Program

The Program Manager, Nigerian Gas Flare Commercialization Programme (NGFCP), Office of the Honorable Minister of State, Petroleum Resources, Justice Derefaka, Thursday, January 17, 2019, announced the extension of date for Submission of the Statements of Qualification (SOQs) of the Nigerian…

Nigerians reject PMB’s Cattle Routes, seek Ranching to tame farmers/herders’ clashes

President Muhammadu Buhari may have introduced fresh confusion to the intractable Fulani herdsmen killings and clashes with farmers following his latest position on the matter which is creation of Cattle Routes across Nigeria. Already, several Nigerians have rejected Cattle Routes,…

Dangote Foundation, UNECA, GBCHealth partner to drive Better Health in Africa

Top African leaders including Heads of States, Ministers, CEOs as well as representatives from the African Union and United Nations will converge at the inaugural Africa Business: Health Forum (AB:HF) taking place in Ethiopia on 12th February 2019 on the…

China steps up deforestation in Nigeria, Ghana as timber smuggling soars

Investigations by Business Hilights Intelligence Unit (BHIU) have shown that illegal logging for endangered species are ongoing in forest parts of Ogun Edo and Ondo states in Nigeria for export to China in containers. Also in Ghana, since the uncontrolled…

61 parties still have issues with INEC’s simultaneous accreditation, voting

Leading highlight of the 2019 election guideline released by the Independent National Electoral Commission (INEC) chairman, Prof. Mahmood Yakubu, which is the simultaneous accreditation and voting, has been opposed by 61 registered opposition parties. The documents which listed incidences that…

Key approvals from regulatory agencies delaying Access, Diamond Bank merger

Indications have emerged revealing that aside the initial pump and pageantry that greeted the planned merger between Access Bank and Diamond Bank Plc, both financial giants have to wait for the approval of all regulators concerned in their proposed merger…

Nigeria’s Inflation rate increases in Dec 2018 —NBS

The National Bureau of Statistics (NBS), says the Consumer Price Index which measured inflation increased to 11.44 per cent (year-on-year) in December 2018 from 11.28 per cent recorded in November 2018. The NBS disclosed this in its “CPI and Inflation…

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ICT

Ghana introduces platform to monitor telecoms revenue, capital importation

Rising from strategic need to monitor, verify revenues and capital importation by telecom giants, Ghanaian government has implemented the Common Monitoring Platform (CMP) tame the tide of confusion that recently trialed a telecom group in Nigeria. Recall that MTN Nigeria…