Business Hilights

Tracking Nigeria's Headline Business News Online

Day: January 14, 2020

Just in: Constitutional logjam as FG declares Southwest ‘Amotekun’ illegal, dangerous

Six days after the massive ceremonial launch of South West security outfit, Amotekun by the six states government, the Federal Government vide the office of the Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has declared the scheme…

Shocker as S’Court ends Ihedioha’s 8 months rule, declares Uzodinma Imo Governor

Just like Enugu based Catholic Priest, Rev. Father Ejike Mbaka prophesied, the Supreme Court Tuesday evening in Abuja, nullified the election of Emeka Ihedioha as the governor of Imo state. The seven-man panel led by Chief Justice Tanko Muhammad unanimously…

Just in: Again Supreme Court stands down ruling on Ihedioha’s victory

The suit challenging the emergence of Chief Emeka Ihedioha as the governor of Imo State has been stood down by the Supreme Court. The matter was stood down by the apex court after Tuesday’s hearing of the appeal instituted by…

NITDA Pantami 55

Just in: Minister announces FG’s anger over states hike in RoW for InfraCos

The Federal Government Tuesday announced with anger, the receipt of the decision of some states of the Federation to increase the Right of Way (ROW) charges in disregard of the resolutions reached by the National Economic Council (NEC). In a…

ATCOn Pantami visit

Just in: Latest hike in RoW to down broadband development in states’—ATCON

More professional bodies have continued to hit back at states authorities for their recent unilateral hikes in the cost of Right of Way (RoW) for delivery of fibre optic cables in the delivery of broadband infrastructure. Latest is the lead…

Two Discos promoting estimated billing than prepaid meters identified

Two Nigerian electricity Distribution Companies (Discos), the Eko Electricity Distribution Company (Eko Disco) in Lagos and the Enugu Electricity Distribution Company (EEDC), have been identified by their numerous customers as deliberately frustrating the intention of the government in metering consumers….

Huawei Li

Huawei devices lead in NCC Type Approval with over 100 products

Fact checks have revealed that amongst all Original Equipment Manufacturers (OEMs) and digital products distribution franchises operating in Nigeria, Huawei remains the firm to beat in terms products Type Approval by the telecoms regulator, the Nigerian Communications Commission (NCC). Type…

NCC Drone Forum in Lagos 2

Business Hilights review of key regulatory feats by NCC in 2019 (Part 3)

On Planned Rural Connectivity with TVWS Technology Further to the strategic implementation of its 8-Point Agenda, the Nigerian Communications Commission (NCC) has partnered with the National Broadcasting Commission (NBC) and other necessary industry stakeholders to brainstorm on how to develop…

The five strategic objectives of Finance Bill signed into law by Buhari

The Finance Bill signed into law by Muhammadu Buhari on Monday came with five strategic objectives to deepen the economy by growing private sector investment. The new law is expected to drive the 2020 budget which had been signed into…

2 years after, NPA takes delivery of PCAF from World Bank in Lagos

Strong indication that review of the long-elapsed port concessions would begin sooner than later emerged Monday at the Headquarters of the Nigerian Ports Authority (NPA) in Lagos as the Authority received the report on Port Concession Assessment Framework (PCAF) from…