Business Hilights

Tracking Nigeria's Headline Business News Online

Month: September 2019

Fintech A22
ICT

Network failures, insecurity, culture norms, others killing electronic payment system’

Managing Director/CEO of leading financial technology company and Xpress Payment Solutions Limited, Oluwadare Owolabi has linked the serious drop in the original speed of financial technology penetration in Nigeria to four key factors. In an interview, he said electronic payment…

DHL logo 22
ICT

DHL introduces new mobile app to further enhance customer experience

DHL Express Mobile app launched in eight African countries, and a further 40 countries to be live by the end of 2020; App offers a number of key benefits that facilitate tracking and faster delivery; Growing demand for mobile services…

FG targets 2nd week of Dec for delivery as Lagos-Ibadan road partial closure begins

As the rescheduled partial closure of main Lagos entry/exit highway, the Lagos-Ibadan Expressway begins today, September 2, 2019, the Director of Highways, South West, Mr Funso Adebiyi, said the target was to complete the critical portion of the road before…

Sirika mulls government aviation leasing company, silent on Nigeria Air

The Minister of Aviation, Hadi Sirika has made his maiden press briefing, saying the master plan for the development of the aviation sector has been estimated to worth at least one per cent of Nigeria’s Gross Domestic Product (GDP) by…

Rice hits N20 in Lagos as MAN, others fear consequences of Benin border closure

Fact checks weekend on the impacts of partial closure of Nigeria-Benin border posts have revealed that price of rice, the most staple food in Nigeria has jumped from N15,000 it was before the closure to over N20,000 in parts of…

PMB, Malami not GEJ responsible for $9billion judgement debt – P&ID

The management of Process and Industrial Developments Limited (P&ID), the very Irish company, pushing for recovery of its $9billion British court’s judgement debt has reacted to the latest position of the Federal Government, saying former President Goodluck Jonathan has no…

MAPR, planned electricity tariff hike anti-Nigerians—CARE alleges

More interest groups have continued to raise objections to the newly introduced Meter Asset Provider Regulations (MAPR) policy and the plan to hike tariff, saying both initiatives’ are anti-poor policies. Latest to join the calls for total review of the…

Police free arrested 123 Okada riders relocating from Jigawa in a truck

Whereas Lagos Police have profiled the 123 arrested artisans, Okada riders and even some of them who had been in Lagos and few freshers and released them based on findings that they are in Lagos for genuine course, facts have…

Resolutions of South-East Governors Forum on Fulani Herdsmen, banditry

After the weekend’s meeting of South-East Governors Forum on regional security, the following resolutions were passed to drive safety and security of lives and property in the zone. They agreed that; Enugu airport to open December 2019 after renovation. Joint…

Prosecute Okorocha Now!, Orlu Elders psychic up Ihedioha

Elders of Orlu Senatorial zone of Imo State, under the aegis of Orlu Elders Council (OEC) have called on Governor Emeka Ihedioha to probe and prosecute the immediate past Governor of the State, Chief Rochas Okorocha. In a 3-page address…