Business Hilights

Tracking Nigeria's Headline Business News Online

Month: September 2019

‘New IMF chief, Georgieva may be harder on Nigeria than outgoing Lagarde’

Strong indications have emerged suggesting that the incoming chief executive of the International Monetary Fund (IMF), former World Bank chief and Bulgarian export, Ms. Kristalina Georgieva may not only adopt but step up the hard stand on Nigerian policies by…

Expert seeks barring of foreigners in certain sectors to grow local capacity

…As FG mulls policy on small scale mining Leading economic analyst and head of research at Africa Environmental and Economic Peace Mission (AEEPM), Dr Anselem Ntigbu has called for an economic policy that will bar foreign investors in certain sub…

5G roll out
ICT

Current level of investments in infrastructure can’t drive 4G, 5G in Nigeria

More facts have emerged on why Nigeria may not meet up with the quality of internet services needed to drive big data, robotic revolution and internet of things as there seems to be strong lull in the volume of industry…

ATCON 2018 leaders
ICT

Teniola highlights NTITA strategic objectives, explains collabo with InstinctWave

President of Association of Telecoms Companies of Nigeria (ATCON), Olusola Teniola has given insights on the strategic objectives of the third edition of Nigeria Tech Innovation and Telecom Awards (NTITA) 2019 which held weekend in Lagos. In his welcome address,…

S’East business leaders decry abandonment of repair work at Enugu Airport

Contrary to the assurance of the Katsina State-born Minister of Aviation Capt. Hadi Sirika who announced that work will start as soon as the Akanu Ibiam International Airport, Enugu is shut down, today September 30, 2019 makes it 36 days…

‘Nigeria in focus as UN fears recession over jumping debts, trade crisis next year’

Though the warning is for the global community, development economists have started internalizing the implications of the latest forecast contained in the Trade and Development Report 2019 released by the United Nations Conference on Trade and Development (UNCTAD). Key revelation…

Lack of electricity discouraging local, foreign investments flow — Alakija

Top flight billionaire indigenous entrepreneur and founder, Folorunso Alakija Skills Acquisition Center (FASAC), Folorunsho Alakija has opened up saying the rhetoric defence of the current administration on why there has been no steady power is no more acceptable. She argued…

Obiano opens up on Innoson vehicles for lawmakers

Following what it described as sinister moves by the Peoples Democratic Party (PDP) in Anambra State in the last few days by planting reports in the press claiming that members of the Anambra State House of Assembly have rejected Toyota…

NCC head office, Abuja
ICT

Spectrum as a means of income hurting Nigeria— GSMA

…As fate of 2.6MHz continues to hang The Global System of Mobile Telecommunications Association (GSMA), in its critical presentation at the just concluded ITU Telecom World 2019, in Budapest, Hungary has said many economies that considered licensing of spectrum as…

Multiple taxation hitting factories in Ogun as FG ends tax holidays for Dangote, others

The leadership of Manufacturers Association of Nigeria (MAN), Ogun State chapter has raised an issue of urgent industry importance, decrying that time has come to end frivolous tax regimes in the state or factories will be forced to relocate forthwith….