Business Hilights

Tracking Nigeria's Headline Business News Online

Day: December 6, 2019

Glo Huawei Deal
ICT

Glo subscribers cross 50m mark with 1m new customers in October

Leading indigenous telecommunications giant, Globacom, has garnered over one million subscribers in one month due to growing delivery of quality of service and customer service excellence arising from recent network upgrade in parts of the country. According to the latest…

ICT

ATCON plans to host Minister to know his agenda for industry

President of the Association of Telecommunications Companies of Nigeria (ATCON), Mr Olusola Teniola, has announced the readiness of the industry group to hold a special and high-powered reception to formally welcome the Minister of Communications and Digital Economy, Dr Isah…

Fears as imminent high crude oil stock may spark off drop in price

…As Senate passes 2020 budget The chances of successful implementation of emerging 2020 federal budget passed into law by the Senate on Thursday, may hang if indications from the new outlook by international observers in oil stocks and prices are…

UBA, UBAF haul honours at BJAN 2019 Awards in Lagos

Pan-African financial Institution, United Bank for Africa Plc once again has emerged the best institution in support of Education (CSR) 2019 just as the Chief Executive Officer, UBA Foundation (UBAF) & Group Head, Corporate Communications, Bola Atta, also bagged the…

FID on Train 7 project just days away— NLNG boss, Attah

The management of the Nigerian Liquefied Natural Gas (NLNG) has told Nigerians and industry stakeholders’ that all is getting set for the Final Investment Decision (FID) on its capacity expansion project, the Train 7 project. Speaking at the ongoing 9th…

New power policy rendering Discos technically useless in power value chain?

The newly unveiled electricity distribution policy, called ‘willing seller, willing buyer’ have continued to generate confusion as to the place of Discos in the emerging new value chain of electricity delivery from generation to end users. In a statement issued…

NIMASA accuses attacked vessel of operating for 10 days without making contact

The porosity and poor maritime security surveillance of the Nigerian territorial waters has once again, came to the fore following this week’s attack and kidnapping of crew men aboard a tanker vessel named, ‘Nave Constellation.’ However, in its first official…

FRSC links regular truck accidents to lack of drivers’ rest

…Seeks early delivery of TTP on strategic locations on highways The leadership of the Federal Road Safety Corps (FRSC) has linked incessant road accidents involving truck drivers to lack of regular rests before taking off or at intervals of at…