Business Hilights

Tracking Nigeria's Headline Business News Online

Month: March 2020

How COVID-19 pandemic is terrorising Africa’s oil & gas revenues

African governments set to see decline in revenues; Exploration projects put on hold; Thousands of local jobs at risk if nothing is done. While the short-term effects of Covid-19 on world economies are already being felt and put millions in…

NCC masts
ICT

NCC supporting stakeholders’ initiatives on fighting COVID-19

The telecommunications industry regulator, Nigerian Communications Commission (NCC), says it has put in place measures to support initiatives by other stakeholders to curtail this scourge. The Commission, in conjunction with industry players and all other government agencies, has agreed to…

Just in: UBA votes N5bn to COVID-19 relief support across Africa

United Bank for Africa Plc (UBA) Thursday announced a donation of over 5 billion Naira (USD14 million), through the UBA Foundation, to catalyse a comprehensive pan-African response to the fight against the coronavirus (COVID-19) global pandemic. The donation will provide…

COVID-19: FRSC arrests 144 for overloading, activates safety measures

Pursuant to the need to mitigate the spread of corona virus amongst passengers, the Federal Road Safety Corps (FRSC) has arrested a total of 144 offenders for overloading of vehicles in persons, ordered all categories of transporters to ensure full…

Sophos
ICT

COVID-19: Sophos offers five cybersecurity tips to remote workers

In view of the Federal and State Governments directives that businesses in Nigeria should adopt measures to curtail the spread of Coronavirus many if not most organisations have already crossed the “working from home”, or at least the “working while…

COVID-19: Ecobank unveils ‘StaySafeNigeria’ awareness drive

As part of its corporate social responsibility in fighting COVID-19 pandemic, continental retail banking giant, Ecobank Nigeria has launched a ‘StaySafeNigeria’ media campaign. In a statement, the bank said the launch is to support measures to check the rising spread…

broadband NP
ICT

Broadband: S’East leads in lowest figure of underserved, un-served communities

Whereas the new National Broadband Plan (2020 to 2025) has shown that Nigeria needs $5 billion to meet broadband target that will serve all communities in Nigeria, checks have shown that South East Nigeria has the lowest number of communities…

Covid 19
ICT

Kenyan Startup unveils AI driven platform to curb COVID-19 Pandemic

Kenyan health tech start-up, Afya Rekod is sprinting to launch its AI and Blockchain built consumer driven health data platform amidst the corona virus pandemic in support of global efforts to curb the disease by providing a portal for people…

COVID-19 shutdown pushing global airlines to induced bankruptcy—IATA

…As S’Africa bans domestic flights from Friday The International Air Transport Association (IATA) Wednesday averred that many national and leading global international airlines are on the brink of collapse is urgent support from their home governments are not forthcoming. This…

Nigerian Customs steps up land border surveillance over total closure order

Though one of the initial cases confirmed cases of an American entered Nigeria via land border, the Nigeria Customs Service (NCS) has reassured strict enforcement of the new Executive Order from the Federal Government on total closure of all land…