Business Hilights

Tracking Nigeria's Headline Business News Online

Day: April 10, 2019

Survey still rates Soludo best amongst Sanusi, Emefiele as CBN Governor

…As presidency begins replacement search, rules out second tenure Contrary to a recent media analysis by one of Nigeria’s national dailies claiming that outgoing Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele outperformed immediate past two governors including…

Fidelity Bank appoints new 3 EDs to drive next growth phase

In line with its corporate realignment and repositioning for the next growth phase, the Board of Directors of Fidelity Bank Plc has announced the appointment of three new Executive Directors (EDs). The Board which met in Lagos recently, approved the…

Garlands for Dangote Africa’s Pillar of Investment At 62

By Thomas Imonikhe THERE is overwhelming empirical evidence of the brilliance and excellence in business leadership and uncommon philanthropy demonstrated by Africa’s richest man and President Dangote Group, Alhaji Aliko Dangote who clocks 62 on Wednesday April 10, 2019. From…

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Appealing digital products best for financially excluded Nigerians—Jalo-Waziri

…As DMO seeks literacy advocacy for the grassroots’ More expert views are still coming in to drive financial inclusion ahead of target year of 2020 when the country is expected to be on the pedestal of full financial inclusion in…

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ICT

Facebook’s AI researchers unveil detailed population density maps of Africa

The Boston-based Facebook team has used advanced computer vision and machine learning to combine satellite imagery from Digital Globe with public census data and other sources to create detailed population density maps of Africa. Using Facebook’s machine learning capabilities, Facebook…

Random kidnapping along Abuja-Kaduna highway jumps railway usage

The Federal Government has announced readiness to bring in two additional couches to complement existing ones on the new Abuja-Kaduna metroline as many travelers shun the highways due to growing cases of kidnapping. Minister of Transportation, Rotimi Amaechi, who disclosed…

Inconsistency as FG dumps Nigeria Air for aircraft leasing venture

Contrary to earlier insistence by the Federal Government that the hitherto abandoned Nigeria Air project will be revived again, the same government has jumped to another aviation scheme, saying it set up an aircraft leasing company to help domestic and…

W’Bank report rubbishes FG’s ERGP as economy remain on slipping spree

More economic development analysts have continued to review the latest World Bank Report on sub-Saharan economies and mainly the still fragile oil price driven Nigerian economy. Key pronouncements of the Report on the Nigerian economy are as follows: “In Nigeria,…

MOSOP yet to react to FG’s inauguration of HYPREP for Ogoni cleanup

Barely few days after interest bodies in Ogoni threw accusations to the Federal Government and Shell over the claims and counter claims on whether there is actual cleanup going on in polluted areas of the community or not, the Federal…

Ghana mulls reverse gas flow from Aboadze Power to Tema for power generation

Ghanaian Vice President Dr Mahamudu Bawumia has argued that “Ghana has enough gas to power all her power plants without relying on imported gas because gas is much cheaper than liquid fuel, hence a policy decision has been taken to…