Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2019

Just in: Atiku queries why troubled states witnessed high voter turnout for APC

Chances of having a repeat of presidential telephone call to congratulate the winner in the February 23rd election has been ruled out following the position of the presidential candidate of the Peoples Democratic Party (PDP) and former Vice-President, Atiku Abubakar…

Buhari wins 2019 presidential election with difference of 3,928,869 votes

…As PDP points out discrepancies in figures Four days after Saturday February 23rd presidential election, the National Chairman of the  Independent National Electoral Commission (INEC), Prof. Mahmood Yakubu, who is also the national returning officer for the election, at about…

Nigerian banks’ must see smart solutions as best survival option, PwC warns

Latest report released by PricewaterhouseCoopers (PwC), has cautioned Nigerian financial institutions to get rid of analogue mindset and embrace smart solutions so as to seamlessly escape from looming industry threats on their operations. Already, the rise and influx of financial…

FIRS irritates MAN, MSMEs, telecoms for denying multiple taxation in Nigeria

Leading groups that make up the nation’s organized private sector (OPS) including the Manufacturers Association of Nigeria (MAN), operators of micro, small and medium scale enterprises (MSME) and stakeholders in the telecoms industry have rejected the claims of the Executive…

Opeke Mainone
ICT

MainOne, Facebook flag off open-access fiber network in two states

Whereas it is yet to rectify issues delaying its rollout in Lagos as Infrastructure Company (Infraco) licensee in the nation’s commercial hub, MainOne has announced a metro fiber infrastructure project in two states of Nigeria including Edo and Ogun. The…

Dangote listed among 158 refineries coming on stream globally from 2019 to 2023

…China leads with $53.2bn capex First class world data and analytics group, GlobalData, has revealed that global investments in crude oil refining facilities will rise exponentially starting from this through 2023 with about 158 mega refineries coming on stream on…

How 3 years of none fatal crashes earned Africa, Europe IATA safety rating

Revelations from the 2018 Airline Safety Performance ratings, recently released by the International Air Transport Association (IATA), have shown how Africa and Europe were seen as continents with safest skies in the last three years. Otherwise, both continents did not…

Post-election attacks on Igbo businesses in Lagos ground parts of metropolis

…Afenifere, Ohaneze condemn act, LASG mute Since Monday this week, there had been confirmed reports of attacks on business centres and interests of Nigerians from the east in Lagos by indigenous hoodlums whose anger centred on Igbos voted for the…

Fake minted $100 smuggled from India flood Nigeria—ABCON warns

The leadership of Association of Bureaux De Change Operators of Nigeria (ABCON) has warned Nigerians dealing in businesses that involve use of United States dollars considering the prevalence of fake 100 USD. The group said there are many fake $100…

MTN new COO
ICT

MTN’s ‘Season of surprises’ not only for our subscribers—COO

The Chief Operating Officer (COO) of MTN Nigeria, Mr Mazen Mroue has opened up on the features of the network’s leading corporate social responsibility (CSR) programme, tagged: ‘Season of Surprises’, saying lucky Nigerian communities visited received gifts not minding the…