Business Hilights

Tracking Nigeria's Headline Business News Online

Month: August 2019

Just in: Elumelu seeks Japanese partnership to grow African Entrepreneurs

…AS TICAD7 ends in Yokohama Chairman of United Bank for Africa (UBA) and Tony Elumelu Foundation (TEF), Mr. Tony Elumelu has sent a strategic business message to Japanese private sector operators to “Come to Africa”. Delivering his keynote speech before…

NITDA helpless as Banks’ capital flights on software jump to N120bn

Whereas efforts of the National Information Technology Development Agency (NITDA) to compel even ministries, departments and agencies (MDAs) to adopt Nigerian made software have remained elusive, fact checks show that capital flights by at least 10 Nigerian banks in software…

mobile-money-ghana
ICT

MTN Nigeria subsidiary YDFS unveils MoMo Agent Network to drive inclusion

…Targets rollout of over half a million agents across Nigeria soon Pursuant to the successful award of a Super-Agent License by the Central Bank of Nigeria (CBN), Y’ello Digital Financial Services (YDFS), a subsidiary of MTN Nigeria has announced the…

Nigerian App, Kobo360 developed by Obi Ozor thrills experts at TICAD7

Stakeholders at the ongoing 7th Tokyo International Conference on African Development (TICAD), have hailed the exploits of Nigerian techprenurer, Obi Ozor for his App, Kobo360 which is currently changing the narratives of African and mainly Nigerian farmers who have adopted…

Customs Zone C seizes 3433 bags of rice, others in two months, warns smugglers

The Customs Area Controller Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘C’ Owerri, Comptroller Kayode Olusemire  has advised Nigerians to acquaint themselves with the country’s import and export prohibition list to avoid running afoul of the law. Giving…

Toyota, Suzuki ink new alliance deal

Two leading global automobiles, Toyota Motor Corporation and Suzuki Motor Corp have entered into a capital tie-up in order to develop and promote a long-term partnership between the two companies. The companies said in a joint statement midweek that “The…

Ikeja Electric introduces E-Bills to enhance customer experience

Nigeria’s leading electricity distribution company, Ikeja Electric Plc (IE) has introduced its electronic billing (e-billing) platform, which enables customers to receive electricity bills promptly and conveniently, via channels such as SMS, USSD, email, IE Bill portal and IE mobile Application….

NPA clarifies issues of severance payments to disengaged workers’ in 2008

The attention of the Management of the Nigerian Ports Authority (NPA) has been drawn to the above malicious and misleading news item making the rounds in the media at large. In this respect therefore, management wishes to state categorically and…

Enugu State Forest Guard, Police begin combing of forests for killer herdsmen

Considering the intractable jump in cases of killings and kidnappings linked to killer Fulani herdsmen who redise in forests in parts of Enugu State, the newly inaugurated Enugu State Forest Guard Commission (ESFGC) has resumed duties across major forests in…

Zinox HP donation
ICT

Experts divided on Ekeh’s donation of HP products instead of Zinox to Ihedioha

More reactions have continued to trial the donation of 20 pieces of HP laptops (US made) and a set of printers to the Imo State Government by an indigenous Original Equipment Manufacturer (OEM) and the chairman, Zinox Computers, Mr Leo…