Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2020

VAT on electricity contradicts FG’s claim on no effect on poor Nigerians

The trending claims of the Federal Government that the rise in Value Added Tax (VAT) from hitherto 5% to 7.5% would not affect the life of poor Nigerians may have been punctured with the fact that electricity tariff is paid…

NCC FOSSA
ICT

Just in: Power of ICT best way to contain insurgency, emergencies—NCC Chief

The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta has averred that the best bet for handling the soaring cases of insurgency, urban terrorism and emergencies remains leveraging on the power of ICT and its…

MTN office environment
ICT

Just in: MTN Nigeria resolves legal action against AGF

Leading telecom giant, MTN Nigeria Thursday, 30 January 2020, appeared before the Federal High Court sitting in Lagos, to formally discontinue its legal action against the Attorney General of the Federation and Minister of Justice (AGF). This follows the decision…

Just in: EU Parliament votes 621 to 49 in support of Brexit

…As Nigel Farage says We love Europe, hate the EU The last official vote resuming the real countdown to the final exit of Britain from the European Union (EU) was conducted today at the EU Parliament in Brussels, the headquarters…

NCC masts
ICT

NCC plans radical review of consumer outreach schemes, online complaints handling

The Nigerian Communications Commission (NCC) has inaugurated an in-house inter-departmental committee to harmonise existing consumer outreach programmes with the view to develop a more impeccable way managing complaints received from online media platforms. Inaugurating the 12-member Committee, chaired by Ismail…

Jumia 2020 Jeremy
ICT

Why, how Jumia achieved unprecedented milestones in 2019

Star player in Nigeria’s e-commerce sector, Jumia Nigeria has given insights on its performance index during the 2019 business year, saying its commitment to ensuring growth across its platform to satisfy its consumers remained key within the period under review….

Cyber hacker
ICT

Expert speaks on Data Privacy Day 2020, seeks assent to Data Protection Bill

In the spirit of the 2020 World Data Privacy Day, leading cybersecurity expert, Mr. Remi Afon has called on President Muhammadu Buhari to assent to the Data Protection bill, which was passed by the 8th National Assembly in May 2019….

Fidelity Bank celebrates Greatest Maths’ teacher with job at Academy

Retail banking giant, Fidelity Bank Plc has brought succour to physically challenged Chemical Engineering graduate, Mr. Micheal Sowunmi who is fondly referred to as “the world’s greatest teacher” on account of his love for teaching. As part of the Sowunmi’s…

UBA fetes 100 Customers with N10m in New ‘UBA Bumper Account’ Promo

Pan African financial institution, United Bank for Africa (UBA) Plc has launched the ‘UBA Bumper Account’, a hybrid account, targeted at transforming the lives of its customers. The new account is in line with the bank’s mission of creating superior…

If they say we weren’t licenced, why collecting daily taxes?—Okada, Keke riders ask

Ahead of February 1st enforcement of ban on use of Motorcycle (Okada) and Tricycle (Keke) on select highways across Lagos State, operators have raised questions begging for answers from the state government. Recall that the Lagos State Government had earlier…