Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2019

NCC ACT-Ojobo
ICT

Africans should learn from Rwandan ICT revolution to leap out of poverty—Ojobo

Immediate past image-maker of the Nigerian Communications Commission (NCC) and foundation President of the African ICT Foundation (AFICTF), Mr. Tony Ojobo has called on Nigeria and other African nations wishing to leap out of resource economy to knowledge economy to…

CBN’s fear for FX volatility may compel MPC to leave parameters unchanged—BHIU

As the Central Bank of Nigeria (CBN) begins its second Monetary Policy Committee (MPC) meeting this week, Business Hilights Intelligence Unit (BHIU), an independent economic research arm of Business Hilights publications has disclosed that it expects that majority of its…

Fresh metering confusion emerges as Discos hand off provision, say MAPs in charge

The Association of Nigerian Electricity Distributors (ANED), the umbrella body of the Discos has given an indication that members of the body are no more responsible for the provision of prepaid meters to electricity consumers. Executive Director, ANED, Sunday Oduntan,…

Official commitment for DBP must begin with assenting Antipiracy Bill—Expert

Maritime security pundit and Gulf of Guinea analyst, Dr. Pius Aduda has described Federal Government’s attention to Nigeria’s maritime security considering waves of attacks on ships and crew members as cosmetics as long as the Antipiracy Bill remained unassented to…

Toyota deepens CSR in University of Ghana with $3m workshop on campus

Strong indications have emerged on the growing preparedness of Ghana as the motor manufacturing hub for the west and sub-Saharan Africa. Not up to one after Volkswagen Group sealed understanding to build world class plant after conglomerates like Renault, Volvo,…

UBA adopts Cost Efficiency, Improved Asset Quality to drive performance in 2019

As sub-Saharan economies continue to battle squeeze, Pan African financial institution, United Bank for Africa (UBA) Plc has assured its local and international investors that it’s prudent focus on improved asset quality as well as the continuous adoption of strict…

Zenith targets Nigeria’s most electronic banking giant in 5 years—Amangbo

The management of Tier 1 financial giant, Zenith Bank Plc has vowed to turn the table in becoming Nigeria’s most digital bank in the next five years. Rolling out planned strategic investments in modern banking technology, the bank at its…

Road cutting for FOC
ICT

Will NCC’s subsidy to InfraCos foot discouraging RoW bills by states?

The weekend cheerful news from the telecoms regulator, the Nigerian Communications Commission (NCC) hinting that it has concluded process leading to the disbursement of subsidies to the six licensed Infrastructure Companies (InfraCos) has been received by stakeholders with mixed feelings….

Huawei Li
ICT

Huawei helping enterprises expand business coasts via technologies—Li

The Chief Executive Officer, Huawei Enterprise Nigeria, Tank Li has assured indigenous enterprise organizations of provision of high level ICT innovation solutions, technologies including 5G, AI, IoT, and cloud computing to expand the boundaries of their businesses. Explaining more at…

(Special Report) Ondo, Edo may gain from $7.1b Africa’s cannabis market if…

Growing legalization of cannabis usage across the world may become a huge investment window for both Ondo and Edo states of Nigeria currently famous for salutary soils for the production. This is coming from a new global report which revealed…