Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2019

May rollout of prepaid meters by MAPs, Discos unrealistic due to logistics—Balogun

Strong indications have emerged showing that it is no more feasible for the nationwide rollout of prepaid meters for electricity consumers by Meter Access Providers (MAPs) and electricity Distribution Companies (Discos). Recall that on April 5, the Nigerian Electricity Regulatory…

Okorocha sets next week for inauguration of new Imo Int’l Airport by Buhari

Barring last minute hitches, all is said to be set for the commissioning of newly refurbished Sam Mbakwe International Cargo Airport (SMICA), Owerri by President Muhammadu Buhari. A statement made available to Business Hilights South East Bureau chief in Owerri…

We can’t re-elect salary owing Governor, Kogi workers tell Bello

The state Chairman of Kogi State chapter of the Nigeria Labour Congress (NLC), Comrade Onuh Edoka, has sounded a note of warning to the incumbent governor of the state, Alhaji Yahaya Bello that workers who constitute the bulk of voters…

Computer Villa Gate
ICT

Iyaoloja tradition alien, insult to youths’ driven digital hub—Computer Villa traders’

…Lagos Assembly receives protest letter, assures resolution A mundane trend capable of upturning years of innovations and youths’ creativity at the oldest computer hub in Africa and Nigeria in particular, popularly called Ikeja Computer Village is loading. However, the planned…

CBN steps up CMR to drive regulatory framework on FinTech

As Financial Technology (FinTech) continues to show serious growth and consolidation in driving seamless digital payment system in Nigeria, the Central Bank of Nigeria (CBN) has repositioned to harness the sub-sector with secured control for safety purposes. Accordingly, the bank…

NIPOST begins renewal of 2,000 Post offices nationwide to drive National MFB

The Postmaster General of the country and Managing Director of Nigerian Postal Service (NIPOST), Adebisi Adegbuyi, has disclosed that his agency has jump-started preparations ahead of takeoff of the proposed NIRSAL Microfinance Bank (NMFB). The Central Bank of Nigeria (CBN)…

Modular refinery licensees dump licenses, eye closed refineries in Europe

Fresh details have emerged on why many of the Modular Refinery licensees are yet to flag off construction activities. Investigations by Business Hilights Intelligence Unit (BHIU), an independent research arm of Business Hilights publications showed that the Federal Government had…

I run the stock market of the commoners—Baba Ijebu

I run the stock market of the commoners—Baba Ijebu Leading sage and Ijebuland born lottery kingpin, Chief Kessington Adebutu, a.k.a Baba Ijebu has given a lifetime advice to young Nigerians saying business and life success are not made in a…