Business Hilights

Tracking Nigeria's Headline Business News Online

Month: May 2019

Empowering SMEs key to nation’s economic growth—GTBank boss, Agbaje

The Managing Director and Chief Executive Officer of Guaranty Trust Bank plc (GTB), Segun Agbaje, has argued that the best way to catalyse the ailing economy is to empower Micro, Small and Medium Scale Enterprises (MSMEs) in Nigeria. Speaking during…

Nigerian shippers’ mock NIMASA DG over assurance on disbursing CVFF

More outrages are still pouring out from major players in Nigeria’s local shipping circle following weekend’s comment by the Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside. Business Hilights recalls that on Sunday, May 26, in…

Phones Refurbished 22
ICT

Grey market, refurbished phones force OEMs Smartphone prices down in Nigeria

Even as more Original Equipment Manufacturers (OEMs) continue to enter the Nigeria’s saturated smartphone market, fresh report by Nigeria Mobile Report released by Jumia has shown serious stress and eventual drop in average price of smartphones by 19 per cent…

NBC Modibbo-Kawu
ICT

NBC closes in on national content development plan for young TV producers—DG

In keeping with the expected multiplier effects of Digital Switch Over (DSO), the National Broadcasting Commission (NBC), has signalled ongoing plan to offer a platform for Nigerian producers especially younger experts to go into TV production. Giving the insights in…

Nearly one month after, rollout of prepaid meters hangs nationwide—Survey

Checks across the undertakings of all the 11 electricity Distribution Companies (Discos) in Nigeria have shown that no single new prepaid meter has been installed for consumers since the effective takeoff date of May 1, 2019. It would be recalled…

Century Power boss, Umeh opens up on why steady electricity remained elusive

Remembering the quote of Minister of Power, Works and Housing, Mr Babatunde Fashola, during the 2015 presidential campaign that every serious government must fix electricity within the first six months of its administration, the government he is serving on the…

1st term: LCCI scores PMB low in policy drives, debt service percentage to revenue

Ahead of May 29 inauguration of President Muhammadu Buhari’s second term in office, several industry stakeholders have continued to present their views on his performance in the ending first tenure. Firing its shot recently, the Lagos Chamber of Commerce and…

Zamfara S’Court’s ruling ghost in Imo as PDP Rep candidate takes over APC ticket

Unimaginable happened at the Federal High Court sitting in Owerri Monday as Justice P.A. Rigime, in a landmark judgment, ordered the Independent National Electoral Commission (INEC) to issue a Certificate of Return to Kingsley Echendu of the Peoples Democratic Party…

Niger Deltans want to hear FG releases, not approves $2.3bn for Lagos-Calabar rail

…Score Amaechi low, accuse him of abandoning zone in 4 years Recent announcement by the Minister of Transportation, Rotimi Amaechi, during his valedictory press conference in Abuja last week that the Federal Government has approved the sum of $2.3bn for…

Coscharis Motors sees new Range Rover Evoque as sophisticated evolution

Leading luxury autos franchisee, Coscharis Motors, has revealed the secrets that made the newly introduced Range Rover Evoque better than its predecessor. In a statement issued by the company’s Brand officer, Cletus Aregbesola, he said “The new Evoque is built…