Business Hilights

Tracking Nigeria's Headline Business News Online

Month: January 2021

NSE, IFC to Host CEO Roundtable on Gender Equality

Lagos, January 28, 2021. The Nigerian Stock Exchange (NSE or The Exchange) in partnership with the International Finance Corporation (IFC) will host a workshop to promote gender equality among listed companies on Tuesday, 2 February 2021. The virtual event will…

Trucks’ll begin to move around in Lagos between hours of 9pm to 6am if…

As the Lagos State Government is putting plans together to restrict the movement of trucks and trailers from the hours of 9pm to 6am, trucking and mainly maritime stakeholders are kicking against the move, saying it will further frustrate port…

Group plans for 2MMT cooking gas consumption as price remain out of hand

Just as the prices of filling different sizes of cylinders in Nigeria have remained over and above the reach of many Nigerians, the Nigeria Liquefied Petroleum Gas Association (NLPGA) has said it is targeting a consumption level of two million…

ICT

Digital economy dependent on data availability, accessibility—NITDA DG

 The Director General National Information Technology Development Agency, (NITDA) Mallam Kashifu Inuwa Abdullahi has averred that Data plays a critical role in a digital economy. This he said while participating in an on-line US-Nigeria Digital Trade standards workshop organised by…

Africa Oil & Power Releases Africa Renewables Report 2021

Africa Oil & Power (AOP) launched its Africa Energy Series: Africa Renewables 2021 digital report, dedicated exclusively to renewable development and investment within the African energy sector; Africa requires approximately $70 billion in annual investment in renewables until 2030 to…

ICT

NCC Takes Steps to Curb Data Depletion, Wrong Deductions by MNOs

The Nigerian Communications Commission (NCC) has tightened the noose against cases of data depletion and wrong deductions of consumers’ credit through an ongoing forensic audit instituted by the Commission to ensure maximum protection for consumers. The Executive Vice Chairman of…

ICT

MTN partners African Union on COVID-19 vaccinations

In a unique public/private partnership, MTN, Africa’s leading mobile network, has announced a donation of US$25 million to support the African Union’s COVID-19 vaccination programme. The donation will help secure up to seven million doses of the COVID-19 vaccine for…

NCC Danbatta 99
ICT

Danbatta Receives MoneyReport’s Man of the Year 2020 Award

The Executive Vice Chairman and Chief Executive of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has received the prestigious “Man of the Year 2020” award from the Publishers of MoneyReport Magazine. The award was presented to Danbatta at…

ICT

Smile deepens network capability for optimum usage

Premier 4G LTE Broadband service provider Smile Nigeria has just completed the latest upgrade of its Core Network Expansion (CNE). The group said in a statement that the move was to give vent to the practice of regular upgrade of…

Cyber hacker
ICT

Ransomware accounts for 81% of all financially motivated cyberattacks in 2020

Ransomware is a type of malicious malware used by cybercriminals to encrypt sensitive information that can be regained if a ransom is paid. Last year’s data reveals that this type of attack is one of the cybercriminals’ favorite methods. The…