Business Hilights

Tracking Nigeria's Headline Business News Online

Day: September 26, 2019

Impose taxes on empty completed housing units in cities to spark off access—UN

To curb the observed high number of unoccupied residential and office buildings in major cities due to high cost of leasing and renting, the United Nations (UN) Special Rapporteur on Rights to Adequate Housing, Ms Leilani Farha, has urged federal…

UBA, LCCI creating value for SMEs At 2019 Lagos Int’l Trade Fair

Good times await small medium enterprises (SMEs) at the upcoming2019 Lagos International Trade Fair as United Bank for Africa (UBA) Plc and the Lagos Chamber of Commerce and Industry (LCCI) have partnered to deliver far reaching benefits that will help…

Accolades for Heritage Bank for bankrolling AFF 2019 Championship

African Freestyle Football (AFFC) Championship 2019 in collaboration with World Freestyle Football Association (WFFA) have commended Heritage Bank Plc for its pivotal role in enhancing youth development and engendering the Nigeria’s entertainment space on the world’s stage. The 2019 African…

MDXi Adegbiji receives TCCF plaque
ICT

MainOne plans fresh Tier III facility in Appolonia City Ghana

Emerging African indigenous datacenter giant, MainOne Wednesday announced the expansion of its data center brand, MDXi, into Accra Ghana, saying the drive is in line with its ongoing West African expansion plans. The company’s MDXi subsidiary, the largest commercial data…

Why Anambra lawmakers rejected Toyota Prado, insist on Innoson Motors

It was interesting happenstance as lawmakers in the Anambra State House of Assembly Wednesday, rejected out rightly, move by the State Government to purchase foreign made Toyota Prado jeeps for them. Some of them who spoke to journalists on the…

Airfreight operators losing businesses, cargos to shippers— Nwokoma

The President, Association of Foreign Airlines Representatives of Nigeria (AFRN), Mr Kingsley Nwokoma, has opened up saying airlines have lost over 70% cargos to sea operators in the last couple of years ease of doing aviation business dropped. In an…

Utomi links collapse of companies to regulatory risk, lack of national strategy

Leading political economist and former presidential candidate, Prof Pat Utomi has given insights on why many Nigerian companies collapse few years after set up. Speaking in Lagos at the Regulatory Conversations 4.0 themed ‘Foreign Exchange Restrictions on Food Imports and…

InterContinental Hotels Group, Aleph Hospitality to deepen visibility in Africa

InterContinental Hotels Group (IHG®), one of the world’s leading hotel companies, has signed a Master Development Agreement (MDA) with Aleph Hospitality to develop ten franchise hotels across IHG’s portfolio of brands in midscale and upscale segments. This is coming at…

Nigerien President reveals root cause of Fulani/farmers crisis in Nigeria, others

Nigerien President Mahamadou Issoufou has opened up on the core factors fueling land related violence and  endless killings across bordering countries of the desert threatening countries in the African Sahelian region including his country, Nigeria and others. Speaking at the…