Business Hilights

Tracking Nigeria's Headline Business News Online

Month: April 2021

ICT

New Measures by ATU, Ericsson to Expand Africa’s ICT Space

African Countries and telecommunications stakeholders have today launched the first set of ATU spectrum recommendations that focus on transforming Africa into a knowledge economy through the development of technologies that boost connectivity and innovation. The spectrum recommendations are as a…

NIMASA, Shippers’ Council to Curb Delay, Corruption at Ports

Harmonise Rates, Operations The leaderships of Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Shippers’ Council (NSC) have agreed to implement joint measures to minimise delay and corrupt practices at the country’s ports. This emerged in Lagos during…

ICT

NCC hits 5 over Fraudulently-registered SIM Cards

The Nigerian Communications Commission (NCC) has arrested no fewer than five suspected individuals for allegedly engaging in fraudulently registering and selling Subscriber Identity Module (SIM) cards. The hitch-free operation was carried out by a joint team from the Compliance Monitoring…

ICT

Audiomack partners MTN on music streaming at ZERO DATA COST

Audiomack has partnered with MTN Nigeria to unveil the Audiomack+MTN Data Bundle program, which offers MTN subscribers tailored data bundles for streaming unlimited music and accessing content on Audiomack free of data charges. The partnership will see MTN subscribers gain…

Heritage Bank backs creative industry, supports “Rita Dominic Acting Challenge”

Leading financial giant, Heritage Bank Plc has further reiterated its commitment to the growth and development of the creative and entertainment sector by supporting the “Rita Dominic Acting Challenge.” Heritage Bank in collaboration with a foremost Nigerian Actress and Co-Founder…

Uber, Bolt drivers strike against systemic slavery still ongoing

The strike action started by drivers under the umbrella of the Professional E-hailing Drivers and Partners Association (PEDPA), involving Uber and Bolt drivers in Lagos have continued as commuters suffer. The two companies are the biggest players in Nigeria’s ride-hailing…

NPA promotes staff, names 4 GMs, 8 AGMs

The Nigerian Ports Authority (NPA) has announced the appointment of four new General Managers and eight Assistant General Managers. The appointment, according to a press release signed by Ibrahim Nasiru, Assistant General Manager, Corporate & Strategic Communications, is in furtherance…

UNDP unveils top 12 entrepreneurs transforming access to health, energy, others

The United Nations Development Programme (UNDP), École Polytechnique fédérale de Lausanne (the EPFL), Orange and SAP have released the 12 finalists of the Growth Stage Impact Ventures (GSIV) for Sustainable Development Goals (SDGs) initiative, which aims at identifying and showcasing…

NGX Limited Remains Preferred Listing Destination for Companies

Emzor Pharmaceuticals Lists Debut Offering Nigerian Exchange (NGX) Limited continues to be the preferred listing destination for companies seeking to raise capital via corporate bonds, including private companies looking to raise public capital. One of such private companies taking advantage…

ICT

MTN cuts prepaid data prices in S’Africa, silent on Nigeria, others

MTN South Africa has taken the axe to prepaid data prices, reducing the cost of 10GB of data (including another 10GB for use at certain times of the night) to R149. The new MTN BozzaGigs LTE tariff plan also offers…