Business Hilights

Tracking Nigeria's Headline Business News Online

Month: February 2022

ICT

MTN Celebrates Brand Refresh with Grand Industry Event

MTN Nigeria officially announced its brand repositioning using a contemplative slogan — “What Are We Doing Today?” It also articulated the context behind the new logo many had seen since 16 February 2022. Present at the event weekend, were key…

NPA urges Maritime workers to shelve strike against IOCs

…….Calls Customs Agents to Suspend Protest Against New Auto Valuation System The Maritime Workers Union of Nigeria (MWUN) seems set to shelve its planned shutdown of operations at all ports and oil terminals in the country, scheduled to start from…

ICT

NITDA, NUJ Partner on Digital Journalism

In order to check quackery and the rising cases of fake news in the practice of journalism as well as provide eligible journalists with the latest technological tools with which they will carry out their jobs professionally and be at…

ICT

NCC Sets Pace in FG’s Indigenous Tech Development Policy

The Nigerian Communications Commission (NCC) has given concrete expression to the Federal Government’s drive to promote indigenous innovative technologies in Nigeria’s telecommunication sector. The NCC demonstrated this by organising the maiden prototype and research exposition aimed at showcasing no fewer…

ICT

NCC CSIRT Discovers Banking App-Targeting Malware

The Nigerian Communications Commission’s Computer Security Incident Response Team (CSIRT) has discovered a newly-hatched malicious software that steals users’ banking app login credentials on Android devices. According to a security advisory from the NCC CSIRT, the malicious software called “Xenomorph”,…

ICT

FinTechNGR unveils ‘marketplace’, targets accelerated startup growth

Playing its part in addressing challenges posed by startups and investors in Nigeria’s FinTech ecosystem, the FinTech Association of Nigeria (FintechNGR) has launched The Start-Up Marketplace – an innovative platform designed to provide start-ups playing in the fintech ecosystem with…

ICT

Microsoft highest value creator of 2021, Alibaba sees most loss in value

GlobalData’s Company Profiles Database reveals that Microsoft gained the most market value in 2021, rising by $843.5 billion to reach $2.5 trillion, while Alibaba saw the biggest loss, with a drop to $322.9 billion after a loss of around $307…

Nigerian Content Fund exceeds $500m-Wabote

The Nigerian Content Intervention (NCI) Fund has exceeded half a billion dollars, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said. He spoke recently at the Sub-Saharan African International Petroleum Conference (SAIPEC)…

ICT

3.5GHz Spectrum: MTN, Mafab Pay for Licences

Provisional winners of the 3.5 Gigahertz (GHz) spectrum licence, MTN Communications Nigeria Plc and Mafab Communications Limited, have made their full payment of $273.6 million each for the 5G Spectrum license to the Nigerian Communications Commission. The Executive Vice Chairman…

ICT

Take Ownership of Existing Policies for Ecosystem Consolidation, FG tells Startups

Professor Isa Pantami, the Minister of Communications and Digital Economy, has challenged startups and innovators in the Nigeria ecosystem to take ownership of existing policies to further consolidate and enhance the success of the ecosystem. Pantami gave the charge when…