Business Hilights

Tracking Nigeria's Headline Business News Online

Day: September 5, 2019

MTN Xenopho
ICT

Just in: New board chairman of MTN Nigeria, Ndukwe condemns xenophobia, reprisals

The Board of MTN Nigeria under the chairmanship of Engr. Ernest Ndukwe has reacted to the ongoing xenophobic attacks in South Africa against non-nationals and observed reprisals in Nigeria in the last couple of day. In a terse statement made…

Nigcomsat-Abuja
ICT

NIGCOMSAT, PortaOne to drive access, affordability of satellite Internet in Nigeria

To deepen digital inclusion in Nigeria, the Nigerian Communications Satellite Limited (NIGCOMSAT) has taken on a new approach in to delivery of satellite connectivity solutions by establishing an eco-system of Virtual Internet Service Providers (VISPs). The Federal agency will drive…

MTN Office on fire
ICT

No Nigerian killed in latest xenophobic attacks in S’Africa—FG

…Warns against destroying Nigerian investments in the name reprisal The Minister of Foreign Affairs, Chief Godfrey Onyema has begged Nigerians aggrieved over escalating xenophobic attacks on foreigners in South Africa to halt the ongoing destruction of businesses and investments of…

Invest in digital skill sets for next generation banking, Ecobank tells banks’

The Chief Executive of leading continental retail banking giant, Ecobank Nigeria, Mr. Patrick Akinwuntan has warned that in view of the speed with which digital innovations are changing banking narratives, it has become imperative for financial institutions to embark on…

Many CEOs becoming hopeless on collapsing corporate revenues— PwC Africa

Key findings from the 7th edition of PwC’s Africa Business Agenda 2019 report, launched at the biannual World Economic Forum on Africa in Cape Town on Wednesday, include that “African business leaders are less optimistic about the strength of the…

NPA’s truck call up system easing traffic gridlock around Apapa Ports—Police

The Commissioner of Police, Ports Authority Police (Western) Command, Apapa, Muhammed Uba Kura, has said the call up system initiated by NPA has significantly help reduce the traffic gridlock around Apapa Ports. Speaking alongside the Ports Manager, Lagos Port Complex,…

Nigerian, foreigner jointly win $100,000 2019 NLNG Science Prize

Advisory board of the Nigeria Prize for Science Wednesday announced the works by Professor Meihong Wang and Mathew Aneke on Carbon Capture, Carbon Utilization, and Biomass Gasification and Energy Storage for Power Generation as the winning works for this year’s…

New Refinery underway in Angola as oil licensing round gets set

Following major economic reforms, Angola’s oil and gas industry is undergoing a big resurgence. The country had on Tuesday, launched the first leg of an international roadshow to promote this year’s oil and gas licensing round even as financial transactions…

Nigeria missing as S’Africa, others sweep Nestlé Africa innovation challenge prize

Start-ups SHOPIT, EXPORTUNITY and WAKULIMA from South Africa, Benin and Tanzania respectively, Wednesday emerged three winners of the Nestlé Research and Development (R&D) Sub-Saharan innovation challenge. Selected from among a highly competitive group of 174 submissions received from 27 different…

NESREA still silent on Ikeja e-Waste saga, warns environmental consultants

More than one month after a combined team of Police and Lagos State Safety Commission (LSSC) swooped on a residential compound allegedly used two Chinese nationals to sort and package scavenged electronic wastes for export to China, the National Environmental…