Business Hilights

Tracking Nigeria's Headline Business News Online

Day: December 24, 2019

AMCON: Costliest hotel in Lagos, Intercontinental now property of 11 Plc

Following completion of payment and official documentation, 11 Plc, formerly known as Mobil Oil Nigeria Plc, has finalised discussions with the Asset Management Company of Nigeria (AMCON) to acquire the Lagos Continental Hotel. A statement filed at the Nigerian Stock…

More millionaires emerge in Fidelity Bank’s GIAM 4 Promo in Lagos

Latest draws on the ongoing Fidelity Bank’s Get Alert In Million (GAIM) Savers Promo in parts of Lagos after Abuja episodes have swelled the number of customers made millionaires.

NCC Danbatta U
ICT

10 new VAS licensees to up innovation, local content, jobs—NCC

The management of the Nigerian Communications Commission (NCC), has assured that apart from raising activities in the Value Added Service (VAS) space in Nigeria, the newly licensed VAS aggregator licencees will improve innovation, local content, employment opportunities, and increase in…

2020 year of gas revolution, says Minister

The Honourable Minister of State for Petroleum Resources, Chief Timipre Sylva has declared 2020 as the year of Gas for the Nation. He made this known when he received the Executive Management of the Nigeria Liquefied Petroleum Gas Association (NLPGA)…

Emerging good port access roads to up business at ports in 2020—Sifax group

Strong indications have emerged suggesting that with the early completion of ongoing construction activities along the Apapa ports access roads, businesses at the ports especially terminal operators will rise exponentially from next year. Before now, stakeholders in Nigerian maritime industry…

Chinese company, Shanghai KS Printing shuns Nigeria, invests in Ghana

More international conglomerates from China have continued to pitch their tents of deep pocket investments in Ghana with Nigeria as target market. Latest in the row is the publishing giant, the Shanghai KS Printing, which opened a subsidiary, E-Tang Group…

Just in: Three factors that forced FG to release Dasuki, Sowore revealed

Beyond the terse press statement issued by the Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami ordering the immediate release of age-long detained former National Security Adivers, Col. Sambo Dasuki (rtd) and activist, Omoyele Sowore, two…

CBN reveals two regulatory policies to shape payment system in 2020

The Central Bank of Nigeria (CBN), Monday opened up on two key regulatory initiatives that will shape the Nigerian digital payment space from next year. Speaking on a Channels TV Business Morning Programme, the Director, Payment Systems at the apex…

2020 is your year of consumer protection, CBN tells account owners’

Just as the Nigerian Communications Commission (NCC) in 2018 declared that the year is the year of telecoms consumer protection, the Central Bank of Nigeria (CBN) Monday assured millions of Nigerian bank account owners that 2020 will their year in…

mtn-Nigeria
ICT

Ghana telecoms regulator, NCA fines MTN over non-compliance to directives

Ghanaian telecoms regulator, the National Communications Authority (NCA), has announced that it has sanctioned the Mobile Network Operator (MNO), MTN Ghana, for failing to comply with its directives over some challenges with their network recently. Business Hilights Ghana Bureau Chief…